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Fesharaki: High Prices Not Threatening Demand Growth In Industrialized Countries
...rticularly in the industrial world.” Dr Fesharaki argues that recent market behaviour suggests it is increasingly reasonable to assume that worldwide oil demand would plateau at about 100mn b/d with prices remaining robust: “At current prices we expect it would be 2014-15 before demand flattens out, an...
Volume: 49Issue: 24Published at Mon, 12 Jun 2006 -
Adco, ADMA-Opco Concessions To Be Renewed On Similar Terms
...aker than those in the existing contracts, although the timing of renewal discussions is not yet clear, MEES learns. The concession for Adco, in which Abu Dhabi National Oil Company (ADNOC) holds 60% alongside Shell, ExxonMobil, BP and Partex expires in 2014. ADMA-Opco’s concession, where ADNOC ho...
Volume: 49Issue: 23Published at Mon, 05 Jun 2006