5th edition of the Medays Forum in Tangier: The oil war will not take place

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 Arabi…