IEA: SE ASIA TO SET PACE FOR BIG JUMP IN WORLD ENERGY DEMAND BY 2010

The international Energy Agency predicts world energy demand will grow 50% by 2010. Growth will be dominated by Southeast Asia, particularly China, IEA Executive Director Helga Steeg told a Centre for Global Energy Studies conference in London. Organization for Economic Cooperation & Development (OECD) countries in the Pacific and Asia will increase their share of oil consumption to 30% by 2010 from the present 23%, Steeg said. While world energy consumption is rising by 50% by 2010, the

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