(EnergyAsia, May 25 2010, Tuesday) — Saudi Arabia does not think world oil production will soon peak, but instead is preparing for a possible decline in demand in the next decade by diversifying its economic base. The oil-rich nation’s lead climate change negotiator Mohammed al-Sabban said it is striving to remain a top energy exporter…
SAUDI ARABIA: Government preparing for world oil demand to level off
Posted on May 24, 2010 by EnergyAsia