Muzi. Mazen Snobar, President and CEO of Aramco Services Co., which delivers Saudi oil to the United States, called the growing energy demands of China and India “frightening.”
“This is the big gorilla. The demand by China and India together, if they continue to grow, it is quite substantial and it is frightening,” he said.
All oil producing nations will have to chip in to meet the needs if demand in those two countries continues to rise, said Snobar, adding, “Let’s hope they don’t sustain this growth.”
Now there’s a plan for success.
Snobar made his comments during the Global Energy Partnering forum, hosted by the Maguire Energy Institute at SMU.