IEA's Tanaka Sees Increased Risk of Oil-Supply 'Crunch'
- 04:39:37
- Bloomberg
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IEA's Tanaka Sees Increased Risk of Oil-Supply 'Crunch'
Nobuo Tanaka, executive director of the International Energy Agency, speaks in London about the outlook for global energy supply, demand and investment. The world must find an extra 64 million barrels a day of oil production by 2030, equivalent to replacing Kuwait's output every year, to meet demand growth and counter the decline of existing fields, the IEA said. (This is an excerpt. Source: Bloomberg)
Bloomberg | November 12, 2008
