U.S. forecasts 50-percent growth of world demand for energy resources
Azerbaijan, Baku, April 28 / Trend, A.Badalova /
World demand for energy resources will grow by 50 percent from 2009 to 2035, the US Energy Information Agency (EIA) reported in its annual report on the energy review.
Major part of the growth during this period will account for countries, which are not members of the Organization for Economic Cooperation and Development (OECD), where energy consumption will increase by 84 percent. In the developed OECD countries, this figure will hit 14 percent.
Among the countries that are not the OECD members, the maximum growth in energy consumption for the period from 2009 to 2035 will be observed in the Middle East - at 82 percent, in Africa and Central and South America - 63 percent.
According to the EIA forecasts, the consumption of liquid hydrocarbons in the OECD countries will rise to 47.9 million barrels per day in 2035, while in countries that are not members of this organization - to 62.9 million barrels per day.
In the case of high oil prices by that year (about $200 per barrel), the consumption of liquid hydrocarbons in the OECD countries, according to the EIA expectations will fall to 53.1 million barrels per day. In countries that are not members of the organization, on the contrary, an increase will be observed in energy consumption against the backdrop of high GDP growth. According to the EIA forecasts, the level of energy consumption in these countries in 2035 will hit 70 million barrels per day.
EIA forecasts the world's liquid hydrocarbon production from non-traditional sources in 2035 at 10.4, 13.5, or 19.4 million barrels per day, depending on the scenario of changes in world oil prices.