Tag: Developing countries
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Developing countries could lose up to 85% of oil & gas income in 2020 – OPEC, IEA warn
Developing countries’ oil and gas income could fall to their lowest levels in more than two decades if current energy market conditions persist, the International Energy Agency, (IEA), and the Organization of the Petroleum Exporting Countries (OPEC) have warned in a rare joint statement. IEA Executive Director, Fatih Birol, and OPEC Secretary General Mohammed Barkindo,…