18.10.2010 - Russia and Middle East control 63pct of world oil and gas reserves
From Albawaba.com: Russia and Middle East energy businesses are embarking on new partnerships that will see joint investment projects in each other's core energy activities. Badr Jafar, Executive Director of the Crescent Group of Companies, explains the active role being played by Crescent in this pioneering initiative. Despite being the world's two resource giants, with a combined 63% of world oil and gas reserves and 39% of world oil and gas production, Russia and the Middle East have until recently had a surprisingly weak commercial relationship..............................................Full Article: Source
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