This latter criteria has become especially important in North African nations where local populations have been wary about the involvement of international partners and eager to make sure that any new energy development from Tangiers to Cairo include strict stipulations that ensure more local jobs, training and that domestic energy demand is met before shipping out to the European or Asian markets.
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Turkmenistan also has a population of only about 5 million, and little real domestic industrial activity, which means that the domestic demand for this energy is quite low, at a consumption rate of 21 bcm in 2009.
On one side, we have a domestic energy supply that is in demand around the world, accounting for current and future jobs.
Other nations have leapt ahead by implementing clean energy strategies that coordinate long-term investment in integrated research and development, low-cost financing for clean tech manufacturers, and stable policies to ensure domestic demand for clean energy.
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That's twice the going rate in the gas-rich U.S. And Turkey, which imports some 90% of its oil and gas, desperately needs to boost domestic supplies to meet a predicted doubling of energy demand by 2020.
Mr Lafontaine pledged to roll back the (modest) cuts in social welfare made by the previous centre-right government, make energy dearer, close tax loopholes misused by the rich, and boost domestic demand to create jobs.
John Richards, of the Royal Bank of Scotland in Tokyo, points out that since inflation is almost entirely due to dearer food and energy, both of which Japan imports, rather than because of rising domestic demand, it reflects an unwelcome worsening of the country's terms of trade.
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As fracking expands domestic oil and gas production, it likely will reduce U.S. demand for energy imports and shrink our trade deficit.
With the recent confirmation of the Leviathan field, an offshore natural gas discovery able to meet total domestic demand for approximately 40 years, Israel has entered a new and potentially remarkable era of energy exploration and production.
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