TABLE OF CONTENTS

PAGES

EXECUTIVE SUMMARY ..1

INTRODUCTION .1
GLOBAL OIL DEMAND ..1
GLOBAL OIL SUPPLY 2
IMPACT ON OIL PRICES .....3
ALTERNATIVE FUELS. 4
EFFECTS ON NEW OIL PRODUCING COUNTRIES .5
CONCLUSION 6
REFERENCE ..7
APPENDIX A .8
APPENDIX B. 9
APPENDIX C 10

LIST OF FIGURES

PAGES

FIGURE 1.1 .8
FIGURE 1.2 .8
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FIGURE 1.3 .9

LIST OF TABLE
TABLE 1.1 .10
ABBREVIATIONS

IEA

INTERNATIONAL ENERGY AGENCY

EIA

ENERGY INTERNATIONAL ADMINISTRATION

MENA -

MIDDLE EAST AND NORTH AFRICA

OPEC -

ORGANISATION OF PETROLEUM EXPORTING COUNTRIES

AEO -

AFRICAN ENERGY OUTLOOK

OECD -

ORGANISATION FOR ECONOMIC CO-OPERATION AND

DEVELOPMENT

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