term growth of the world economy within globalization. He said world economy growth benefits the sector of business. This achieves a big increase on demand on oil over the coming years. But the question is how much increase? This is a source of difference among experts as regards the economic growth strength, efficiency of increasing rates in using energy and the role of types of alternative energy. At this point, petroleum takes a good position, he said, adding that oil will likely remain the favorite energy in the transport sector. He added that we are expected to enter into gigantic projects that require pre-paid considerable capitals that would not yield its earnings before long time has gone. Therefore, there is no room for error when we deal with such sizable projects, Alnaimi said. He added that the problem, then, is lack of enough information and precise analyses. In addition, our ability to know and expect the factors affecting the increase of demand on oil in a number of countries is weak at the best. --More 23 10 Local Time 20 10 GMT
