IEA boss says rigs should go if ban upped

The United States' six-month drilling ban "makes sense" to allow time to probe the cause of BP's oil spill, but if the moratorium is extended, companies should move their rigs to search for oil and natural gas in other countries' waters, the head of the International Energy Agency said today.

Nobuo Tanaka: IEA head says rigs should go abroad if moratorium is extended.
Nobuo Tanaka: IEA head says rigs should go abroad if moratorium is extended.
Published 1 July 2010, 20:16Updated 11 October 2016, 09:34