MOSCOW (Pakistan Point News / Sputnik - 23rd September, 2018) � Total Primary energy demand will reach 365 million of oil energy equivalent by 2040, the OPEC said in the World Oil Outlook 2040.
"Total primary energy demand is expected to increase by 91 mboe/d [million barrels of oil equivalents per day]� between 2015 and 2040 to reach 365 mboe/d in 2040," the report read.
The OPEC also forecasts that primary energy demand in China and India will be the most significant contributor to overall energy demand growth.
"Energy demand in Developing countries is projected to increase by almost 86 mboe/d between 2015 and 2040, with India and China the most important contributors to this growth. Energy demand in India and China in this period is forecast to increase by 22 mboe/d and 21 mboe/d, respectively, which is more than 50% of the energy demand growth in Developing countries during this period,"
