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More - Fatih Birol Quotes

If this year's average oil price hits $50, then this will slash 0.8 percent of the world economic growth. - Fatih Birol Quotes

If this year's average oil price hits $50, then this will slash 0.8 percent of the world economic growth.

What happened between Russia and the Ukraine will be an important wakeup call for Europe and countries that were thinking of leaving nuclear aside. - Fatih Birol Quotes

What happened between Russia and the Ukraine will be an important wakeup call for Europe and countries that were thinking of leaving nuclear aside.

Security of supply and climate change are what we are worried about. We think security of supply will be a big problem. - Fatih Birol Quotes

Security of supply and climate change are what we are worried about. We think security of supply will be a big problem.

The issue in the oil business today is not the reserves but the money, the investment decisions, the investment climate. - Fatih Birol Quotes

The issue in the oil business today is not the reserves but the money, the investment decisions, the investment climate.

We expect CO2 emissions growth in China between now and 2030 will equal the growth of the United States, Canada, all of Europe, Japan, Australia, New Zealand and Korea combined, - Fatih Birol Quotes

We expect CO2 emissions growth in China between now and 2030 will equal the growth of the United States, Canada, all of Europe, Japan, Australia, New Zealand and Korea combined,

We need a universally accepted definition of reserves reporting. - Fatih Birol Quotes

We need a universally accepted definition of reserves reporting.

Turkey is a very poor country in respect to power. This has made the country very vulnerable... I think this government is rather determined to go ahead. - Fatih Birol Quotes

Turkey is a very poor country in respect to power. This has made the country very vulnerable... I think this government is rather determined to go ahead.

Saudi Arabia has the oil reserves and the domestic capital to boost their production. But they might not want to increase their investments to boost production. They may want to influence the world price environment. - Fatih Birol Quotes

Saudi Arabia has the oil reserves and the domestic capital to boost their production. But they might not want to increase their investments to boost production. They may want to influence the world price environment.

If investments do not come in a timely and sufficient manner, there will be higher oil prices, and global economic growth will suffer. - Fatih Birol Quotes

If investments do not come in a timely and sufficient manner, there will be higher oil prices, and global economic growth will suffer.

If these countries do not increase their investments substantially, we will end up with difficulties on the energy markets. We may end up with much higher prices. - Fatih Birol Quotes

If these countries do not increase their investments substantially, we will end up with difficulties on the energy markets. We may end up with much higher prices.

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