Aramco CEO sees oil supply shortage

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The world might be heading for an oil supply shortage following a steep drop in investments and a lack of fresh conventional discoveries, according to Saudi Aramco’s chief executive. As Pascale Davies reports, Amin Nasser told a conference in Istanbul its premature to assume unconventional shale oil and alternative energy resources can be developed quickly to replace oil and gas.

Aramco CEO sees oil supply shortage

Tags : Turkey oil congress, Turkey oil congressaramco ceo, Oil supply shortage, Investments and discoveries drop, Aramco ceo

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