New Delhi: Michiel Soeting, global chairman energy, natural resources, KPMG is a 20-year veteran of oil and gas sector. In an interview with Mint he spoke about realistic crude oil prices, US sanctions on Iran and its attempts to prevent firms from other countries from doing business in troubled spots across the globe.
Soeting said domestic policies in countries such as the US and Russia are bound to have an impact on the international stage. He also talked about the growing demand for energy resources from the two fastest growing major economies, India and China. Soeting said these two countries form only a part of the global demand with significant demand also coming from European and US markets.
Soeting also talked about the countries that are crucial for meeting the growing global demand for oil.