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Paris - Algeria's former energy minister says the ongoing political and social turmoil in the Arab world will have "dramatic" implications for energy markets in coming years.
Nordine Ait-Laoussine says that while the outcome of the Arab revolutions is "by no means certain", it is already evident that "important changes are in progress that are likely to impact energy markets in the long term".
Ait-Laoussine made the comments on Wednesday as he opened a day-long conference of representatives of oil- and gas-producing countries - including Iraq and Nigeria - and industry executives to discuss changes in the energy sector.
Nordine Ait-Laoussine says that while the outcome of the Arab revolutions is "by no means certain", it is already evident that "important changes are in progress that are likely to impact energy markets in the long term".
Ait-Laoussine made the comments on Wednesday as he opened a day-long conference of representatives of oil- and gas-producing countries - including Iraq and Nigeria - and industry executives to discuss changes in the energy sector.
