Global energy demand will increase by 28 percent from now until 2045 due to rising economies and population, according to OPEC’s World Oil Outlook discussed at the ADIPEC energy forum in Abu Dhabi on Tuesday. The rise in global energy demand will be “driven by global economic growth and population expansion, as well as the need to expand access to modern energy services for those billions who continue to go without,” OPEC Secretary General Mohammad Barkindo said, commenting on the outlook with estimates through 2045. Energy demand globally is set to grow from 275.4 million boepd in 2020 to 352 million boepd by 2045, according to OPEC’s estimate of primary energy demand expressed in barrels of oil equivalent per day. Primary energy demand in non-OECD countries will account for more than 70 percent of global primary energy demand in the long term, with growth mainly attributable to increasing populations […]