World oil industry development forecast to 2035

Authors: N.M. Bajkov (Institute of World Economy and International Relations of RAS, RF, Moscow)

Key words: forecast, primary energy resources, consumption, production, traditional and non-traditional oils.

Primary energy resources consumption forecasts, developed by U.S. organizations EIA and IEA, are given. World oil prices forecast is considered, their impact on the total volume of consumption of the primary energy resources is determined. The expected increase in production of traditional and untraditional oils in the countries entering and not entering OPEC is analyzed.

Key words: forecast, primary energy resources, consumption, production, traditional and non-traditional oils.

Primary energy resources consumption forecasts, developed by U.S. organizations EIA and IEA, are given. World oil prices forecast is considered, their impact on the total volume of consumption of the primary energy resources is determined. The expected increase in production of traditional and untraditional oils in the countries entering and not entering OPEC is analyzed.


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