Davos Annual Meeting 2009 - Energy Outlook 2009

www.weforum.org 29.01.2009
Energy Outlook 2009
The price of oil doubled from 2007 to reach US$ 145 in the summer of 2008, only to collapse by over 50%.
If current consumption trends are sustained, are we headed for a crisis as long-term investment strategies are reshaped by short-term energy economics?
Ilham Aliyev, President of Azerbaijan
Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries, India
Abdalla Salem El Badri, Secretary-General, Organization of the Petroleum Exporting Countries (OPEC), Vienna
Pierre Gadonneix, Chairman and Chief Executive Officer, EDF (Electricité de France), France
Tony Hayward, Group Chief Executive, BP, United Kingdom
Alberto Weisser, Chairman and Chief Executive Officer, Bunge, USA
Moderated by
John K. Defterios, Anchor, CNN Marketplace Middle East, CNN International, United Kingdom