|
Contact
|
Address:
Ibrahimpasha Dadashov 50, Baku,
AZ1069, Azerbaijan
Tel/Fax:
(+994 12) 436-24-20
|
|
|
|
RISE IN WORLD OIL DEMAND TO DROP IN 2008: CENTER FOR GLOBAL ECONOMIC STUDIES  The rise in world oil demand will drop by 0.9mln barrels a day in 2008 from 1.1mln barrels in 2007, said a report by Manouchehr Takin, a senior analyst at the London-based Center for Global Economic Studies (CGES), posted on the website of CGES.
According to his estimations, the world oil consumption will total to 86.9mln barrels a day in 2008 against 86mln barrels a day in 2007.
According to the last forecast of the cartel, the oil demand of OPEC will total to 32mln barrels a day in 2008, which is 90,000 barrels less than that of 2007. The oil demand of OPEC will drop by 710,000 barrels by 2009 and it will total to 31.2mln barrels a day.
The world needs more OPEC oil but the producer organization is unwilling to increase output, Energy Intelligence Group said quoting monthly report of CGES. |
Hits: 219 | Published: 22 July 2008 | Category: News |
More...
|
|
|
US INTERESTED IN INTENSIFICATION OF TALKS BETWEEN AZERBAIJAN AND TURKMENISTAN  The United States are interested in the intensification of talks on the transportation of hydrocarbon from the Central Asia to Europe through Azerbaijan, Steven Mann, senior aid of US Secretary of State for Eurasian Affairs said in his meeting with Natig Aliyev, minister of industry and energy of Azerbaijan in Baku on 15 July.
According to Mann, the US government intends to take measures which will contribute to the development of bilateral relations between Azerbaijan and Turkmenistan which began recently. Washington tries to get Turkmenistan to diversify its gas supplies and to take part in Nabucco project.
According to minister of industry and energy of Azerbaijan Natig Aliyev, the joint Azerbaijani-Turkmen exhibition and conference on oil and gas potential of the two countries will be held in Baku on 9 to 10 September.
During the visit Natig Aliyev and Steven Mann discussed energy security, transportation of hydrocarbon from the Caspian region to the world markets, cooperation in this sphere and tendencies of sharp run up in the oil prices. |
Hits: 216 | Published: 22 July 2008 | Category: News |
More...
|
|
|
THE NEXT SESSION OF WORKING GROUP ON DEFINITION OF A LEGAL STATUS OF CASPIAN SEA WILL TAKE PLACE IN BAKU. As Ministry for Foreign Affairs informes, the next session of working group on definition of a legal status of Caspian sea will be held on July, 23-24rd in Baku. |
|
|
|
|
Site Poll
|
| For protection of human rights it is necessary: |
|
|
