Middle East Economic Survey


No 10


Prospects For MENA Energy Oil Reserves, Investments And Demand

By 'Abd Allah a-Badri

Mr Badri is Secretary-General of OPEC. This article is an edited version of the keynote address he gave to a Chatham House conference in London on 1 February.

There is no doubt that the world today has enough oil reserves to satisfy consumers for decades to come. But recently, when prices went up, there were some who claimed that oil would soon lose its...