"Encouraging investment by making a transparent policy (on hydrocarbons) that would cut the time spent in seeking regulatory approvals for exploration activities would be one of such efforts in increasing local production, " Mr. Moily said.
In academe, Marchant could also be someone to make sense of the huge challenges facing the energy sector and government in charting a course through the next 10 or so years of makingpolicy to ensure investment in the energy market.
Making matters worse, because low interest rates have undercut the policy's investment returns, Mandell must double his premiums to keep the insurance in force beyond 2005.