World Oil Outlook 2007
Presentation by Mr. Mohamed Hamel, Head, Energy Studies Department, to the Press Conference launching the "World Oil Outlook 07", at the OPEC Secretariat in Vienna, Austria, 13 September 2007.
Ladies and gentlemen, good morning.
It gives me great pleasure to present to you today the 2007 OPEC World Oil Outlook.
Allow me to turn straight to some of the main take-aways from this publication.
Firstly, it is clear that energy demand is set to grow for the foreseeable future. Moreover, oil is expected to maintain its leading position in the energy mix.
Demand growth is stronger in developing countries throughout the period; however, oil use per capita will remain well below that of OECD countries.
In meeting this demand, the resource base is clearly sufficient, and both OPEC crude and other sources of oil supply will increase. However, there are considerable uncertainties that might affect the demand for OPEC oil in the future. This signifies a heavy burden of investment risk and a large uncertainty over future OPEC member countries’ oil-related export revenues.
In our assessment, we also identify the downstream as being important for market stability, probably more today and in the future than in the past.
The outlook also highlights that increased use of fossil fuels could be made compatible with the protection of the environment, in particular through the use of cleaner fossil fuel technologies, such as carbon capture and storage.
Finally, another feature that emerges from this assessment is the increasing energy and economic interdependence between nations, which is a welcome development, as interdependence is the way forward for enhanced energy supply and demand security.
This graph shows how, in the reference case, energy demand increases by an annual average rate of 1.7%, rising by more than 50% by 2030 compared to 2005.
Fossil fuels will continue to provide more than 90% of the world’s total commercial energy needs.
Oil will remain the leading source of energy, with its current share declining only slightly over the next two decades.
Gas is expected to continue to grow at fast rates, steadily approaching coal in its importance in the energy mix, although coal has seen impressive recent growth.
这是篇演讲稿.
题目是<World Oil Outlook 2007> 07世界石油前景.
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介绍由Mohamed Hamel, 头, 能量先生学习部门, 对新闻招待会发射"World 油外型07", 在石油输出国组织秘书处在维也纳, 奥地利, 2007 年9月13 日。女士们和先生们, 早晨好。它给予我巨大乐趣今天提出对您2007 石油输出国组织世界油外型。允许我转向直接一些主要take-aways 从这出版物。首先, 它是确切,...
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