| 28.08.2009 - Energy in Russia: No consensus on oil production shortages |
| From Telegraph: The world will face a “catastrophic energy crunch” within five years, warns Dr Fatih Birol, chief economist of the International Energy Agency (IEA). Russian analysts are less certain, but say that, in the future, Russia will launch 60pc of the new oil fields. The IEA report is based on the assessment of more than 800 oil fields, accounting for 75pc of global reserves...............Full Article: Source |