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Arab Spring disrupts energy investment-IEA

Posted on 19 October 2011

The Arab Spring has disrupted investment plans in oil and gas projects as some governments in the region have shifted their focus to meet increasing demands from their population, the International Energy Agency said on Tuesday.
As a result, this could in the next five years push oil prices higher, the IEA’s chief economist Fatih Birol said at a briefing on the sidelines of the agency’s two-day ministerial meeting……………………………………….Full Article: Source


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