Hydrocarbon Quotes
Without Russia's contribution, prices would rise even more. Some members of the EU meet 90% of their demands for gas with the help of Russian hydrocarbons and have no complaints so far. Everybody is happy. Russia is a reliable partner and has never failed her partners in Europe, even in the hardest times of its economic development.
- Vladimir Putin
The number and size of hydrocarbon discoveries continued to decline during 2004-2005 and many areas of the world became less accessible due to political constraints. Oil and gas companies are increasingly seeking access to larger oil reserves in Africa to meet growing global demand. Africa's major oil and gas producing provinces will likely continue to attract huge exploration investments and yield larger-than-average discoveries. Exploration will expand from these successful plays into adjacent countries and provinces, especially on the Atlantic continental margin, where access to export markets is key.
- Ron Mobed
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