Delivered by HE Abdalla Salem El-Badri, Secretary General, to the 10th International Oil Summit, 2 April 2009, Paris, France - Session: "What does the future hold for the oil industry?"
Excellencies, ladies and gentlemen,
I would like to thank the organizers of this important event for the opportunity to address such a distinguished audience. It gives me great pleasure to be here today.
The global financial and economic crisis continues to unfold – but not only in the rich, industrialized countries from where it originates. It is also severely affecting developing nations, a category into which many oil producing countries fall.
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