Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
IEA released its flagship publication, World Energy Outlook 2006 (WEO 2006), last month. Its projections of the call on OPEC are unrealistic. Its estimates of Middle Eastern oil production are based more on perceptions than hard facts. The methodology is questionable. Data and figures, especially reserves data that were adopted from an industry publication (not this one), are outdated – published about a year ago. The choice of adopting certain reserve figures without reporting reserves figures estimated by other groups raises a number of political and technical questions.
The WEO problem. Experts have criticized supply predictions of IEA and the US EIA for years. In fact, this issue was the focus of several of my columns in this magazine in the past:
•“Will Gulf states live up to EIA and IEA projections?,” World Oil, June 2001.
•“Investment in Saudi Arabia needs patience and more patience,” World Oil, June 2000.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Bucharest - April 28-30
Houston, TX - May 5-8
Savannah, GA - May 5-8
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.