OPEC PROJECTS $10TR INDUSTRY INVESTMENTS BY 2040

OIL production related investments are expected to approach $10 trillion between 2014 and 2040, according to the Organisation of Petroleum Exporting Countries (OPEC).

Secretary General, OPEC, Abdalla Salem El-Badri, who made this disclosure in his analysis on climate change, said that the investment underlines the fact that security of supply and security of demand cannot be decoupled, and that a comprehensive look at energy security is needed over the short-, medium- and long-term timeframes.

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