BP regional president: By 2040, global energy demand to increase by 30%
BAKU, Azerbaijan, Dec. 10
By Anastasia Savchenko - Trend:
Despite continuous hydrocarbon production, efforts should be made to reduce the environmental impact of this process, BP Regional President for Azerbaijan-Georgia-Turkey Gary Jones said at at the Energy Forward conference organized by Baker Hughes company, Trend reports.
Jones noted that according to forecasts, by 2040, global energy demand will increase by 30 percent, and this demand should be satisfied.
Nevertheless, global climate change poses new challenges, the BP regional president said, adding that companies should work together to meet these challenges.
On Dec.10, for the first time, Azerbaijan hosts the Energy Forward conference organized by Baker Hughes, which is attended by technical experts from around the world, to discuss the main trends that significantly affect productivity, efficiency and safety in the oil and gas sector.
Energy Forward is a unique technology event that brings together more than 250 leaders and key partners from major oil and gas companies in the world to share best practices and results at the international level and identify opportunities in engineering, science and information, demonstrating digital transformation and innovation for the further development of the oil and gas sector in the Caspian region.
Baker Hughes is the third largest oil and gas service company in the world. The services the company provides includes drilling, reserves assessment, field development and much more.
Follow the author on Twitter: @AnSav_2105