What they said on hot energy topics: Thursday

LONDON (Reuters) - The following are comments on key topics addressed by speakers at the Reuters Global Energy Summit on Wednesday:

WORLD ECONOMIC OUTLOOK

Roberto Cominotto, fund manager, Julius Baer: "Our bank believes we have seen the trough of the economic downturn.

"But there is a risk of a double dip in 2010. It's quite difficult to work out what the recovery will look like because the downturn was extremely sharp and fast."

Jean-Jacques Mosconi, head of strategy and planning at Total (TOTF.PA), said: "You have better signals coming from China and the Middle East, but is it enough to offset still very bad signals coming from the Western world.

"Our analysis is that the recovery will come at the end of the year."

"Maybe the worst is over, but it's a little bit too early to say the crisis is over."

THE OIL PRICE - FROM BOOM TO BUST AND BACK

Cominotto: "It's very difficult to forecast... If the economy will continue to improve, may be next year $80 is a reasonable assumption."

Mosconi: "We're living with $50."

"Next year we see more than that, $60, and then we may be back to $80. Our view is we're going back to $80 in the next two years."

COSTS AND INVESTMENT

Mosconi: "The big companies are always criticized for lack of investment. I would say they are doing exactly the opposite. We are doing our best to save our long-term investment even during this crisis."

"When you are BP or Total, it's easier to get credit than if you are an independent company."

(For summit blog: blogs.reuters.com/summits/)