Send
Print
Chris Potter
"By 2045, the global economy is projected to double in size, and there will be 1.6 billion people on the planet. Between now and 2045, it is anticipated that the demand for energy would significantly increase by 23% as a result of changes in the world's economies and populations. Making proper investments is vital given the rise in demand," he said.
Oil is anticipated to continue to make up the greatest portion of the energy mix over the forecast period, accounting for close to 30% of that balance in 2045, as the head of OPEC remarked.
"The global oil sector will require a cumulative investment of $12.1 trillion through 2045, which is $500 billion per year," Al Ghais stated.
source: opec.org
Oil is anticipated to continue to make up the greatest portion of the energy mix over the forecast period, accounting for close to 30% of that balance in 2045, as the head of OPEC remarked.
"The global oil sector will require a cumulative investment of $12.1 trillion through 2045, which is $500 billion per year," Al Ghais stated.
source: opec.org
