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Asia will be the driving force behind expansion, says PM

Malaysian Prime Minister urges AOGC delegates to innovate and reform to spark more growth

Fast-developing Asian nations will continue to be the driving force behind future global economic expansion and more energy will be essential to bolster this growth, the Malaysian Prime Minster, Dato’ Sri Mohd Najib Tun Razak, told delegates at the 18th edition of the Asia Oil & Gas Conference. But the key to sustainable development is to make the most of the opportunities, during these challenging times, to innovate and reform, he added.  It has taken years for many economies to recover from the financial crisis of 2008, but growth remains fragile in much of the developed world. Still world energy consumption has been robust. It stood at 11.7m tonnes of oil equivalent (toe) in 2008, b

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