The World Energy Outlook report does not seem to have unanimous support within the oil sector. This is the case of Abbas Al Naqi, Secretary General of the Organisation of Arab Petroleum Exporting Countries, who believes that the results of this report, presented on Monday 12 November, indicating that between 2017 and 2020, the United States will become the world's leading oil producer, surpassing Saudi Arabia, are far from reality. And for good reason: Saudi oil reserves exceed 2.5 trillion barrels. A threshold that he thinks is difficult to reach currently by the United States despite the efforts undertaken in the production of black gold.
Speaking during the 5th edition of the Medays Forum, which opened its doors the day before yesterday in Tangier, Abbas Al Naqi stressed that if these results prove to be accurate in the future, they will have no geopolitical consequence on Saudi Arabia. "There is a very strong internal demand for fuel that is set to increase in the future. As a result, we do not believe that there will be a negative impact on production and consumption," he specified.
An optimism that finds its origin in the assets and potential of the region. Indeed, the Secretary General of OAPEC explained that Arab oil-producing countries contain 800 billion barrels, or 52% of world reserves, and produce 30 million barrels per day, or 1/3 of world production.
These same countries hold 88 trillion m3 of gas, or 42% of world reserves and 20% of world production.
Better yet, global energy demand will increase by 35% by 2035, by 71% for electricity and 70% for renewable energies. Conventional energies constitute 81% of these energies and only _ for those called renewable.
Regarding green energies, the Secretary General of OAPEC stressed that notable efforts have been undertaken by the countries of the region in this field, while specifying that he remains sceptical about the effectiveness of these energies considered as complementary and not as true substitutes.
An opinion not shared by Ahmed Nakkouch, of CES Nareva, who indicated that Morocco has strongly opted for renewable energies with the ambition that its energies can meet 40% of the country's expectations in this area.
In this regard, he noted that the Kingdom did not find it appropriate to follow the European model in this field. According to him, the State learned from European experiences by betting on the logic of development in partnership with other actors and not that of subsidies. "Morocco refused to set a tariff and opted for liberalisation," he specified.
Regarding nuclear energy, Pierre Gadonneix, President of the World Energy Council, explained that the Fukushima nuclear disaster that occurred recently in Japan did not change much in terms of countries' perception of nuclear energy. "The year 2012 saw the construction of 60 nuclear sites, particularly in countries where there were no power plants before. A large part of these sites are located in the countries of the Middle East and Asia," he specified before concluding that in the long term, conventional energies still have a future and that they will meet needs in the future.
News 16 Nov 2012 3 min read
5th edition of the Medays Forum in Tangier: The oil war will not take place

