The increase in emissions from China alone will exceed the increase in all the OECD countries and Russia combined.
More Quotes from Claude Mandil:
I think that is part of the answer, ... But what I expect most is a clear time table for when they will bring on more capacity of light sweet crude in the coming months.Claude Mandil
We are absolutely delighted that President Bush has recognized at last that his country is addicted to oil. But the way he said it -- to get rid of dependence on Middle East oil -- will not help us convince those countries that they will have to increase their investment.
Claude Mandil
It's a marvelous time for all the funds who want to invest.
Claude Mandil
The market will remain tight in the next three years. Upstream and downstream capacity is not enough.
Claude Mandil
It can be extended without difficulty. It will be used when needed, if the market does not need it we will not weep.
Claude Mandil
Both have decided to build strategic stocks and we hope to reach an agreement on coordination.
Claude Mandil
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