Commenting on the IEA’s midterm oil market report to 2019 at the World Petroleum Congress on Wednesday, Keisuke said that several countries will seek to replicate the US success story.
The report projects that, by 2019, tight oil supply outside the US could reach 650,000 barrels per day, including 390,000 bpd from Canada, 100,000 bpd from Russia and 90,000 bpd from Argentina.
Economic
