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WikiLeaks reveals imminent Saudi oil peak - The Globe and Mail

18.2.11

WikiLeaks reveals imminent Saudi oil peak - The Globe and Mail: "The cables from the U.S. embassy in Riyadh cite a number of conversations between embassy personnel and Sadad Al Husseini, a geologist and former executive vice-president of exploration and production with Aramco, the Saudi oil monopoly. The former Aramco exploration head contends neither the kingdom’s reserve estimates nor future production targets can be believed. According to Mr. Husseini, Aramco’s estimates of its world-leading reserves are inflated by 40 per cent."


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