Nothing is higher in the World Oweside Investment in investment in the next decades to meet the need, Northern Secretary said of the organization in Calgary power.
The need for basic energy is foretelling that 24 percent increase between the present and 2050, exceeding 120 million barrels a day, said Haitham al-Ghais.
That will require $ 17.4 trillion in investment at the time, adding.
Opec secretary-general predicts the need for energy 24 percent in 2050.
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“OPEC’s predictions are based on Deology. Deprisimators of information and information information, and clearly indicates that fat will remain part of the Impression Energy Cirls between 20 percent,” said Al-Ghais.
“Simply put, the ladies and the ladies, no maximum search for the horizon.”
Al-Ghais condemns the International Energy in the shipping signal of the industry in recent years – it means that first oil should be safe money in the world, and begins to return to previous viewing.
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“The bodies entrusted to the Global Energy Affairs should not be re-established all a few years if they want to remain faithful and appropriate,” he said.
Companies need the confidence of long-term projects, and inadequate investment in the oil and gas industry is a “Creation,” he said.
“Presents the power and stability of the market and causes advanced variations around the world, which affects manufacturers, but not only manufacturers – actually, in fact, the broad economy.”
Al-Ghais said Opec Changes the weather “, very,” but showed anxiety about zero intended “absent,”
“We accept the latest policies and support Pragmatic Energy facts, and we look at the source source and not the Entra Cemissions,” marks opero members who sign the renewal of renewal power and carbon.
OPEC secretary secretary said his organization acknowledged that Alberta had accomplished as a power producer.
“As a result, Canada has become a large world – and emphasizes the worldwide word – oil supplier,” he said.
Lisa Baaiton, President and the Canadian Association of Petroleum Manufacturers, telling the conference that the market starts around the “Champions” is not arrested, but it’s a “power”.
“We see the need for strength just growing,” he said.
“It is good for the renewal to grow, but there will be more than growing in regular oil and gas to meet to meet the worldwide demand.”
Jon Mckenzie, the President and CEO of the Oil Giant Cenovus Energy Inc., told reporters on the conference summit needed to investigate the industry, and the players have what is needed to fulfill the challenge.
“This is a category that does a truly good work to get productive and beats.”
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