World Oil Industry: Forecasts of Development up to 2035

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DOI: 10.20542/0131-2227-2013-3-54-61

N. Baikov, Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO RAN), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation (zukova@imemo.ru).

Abstract. The fresh forecasts on the probable state of world oil and gas industry up to 2035 have appeared in late 2011. The article deals with the main points and conclusions of the available forecasts of the International Energy Agency and the U.S. Department of Energy, especially concerning supposed indicators of output and consumption of primary energy resources, primarily crude oil, in the whole world and with breakdown by regions.

Keywords: oil industry, primary energy resources, alternative liquid fuels, forecasts, U.S. Department of Energy, International Energy Agency, OPEC countries, Russia


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For citation:
Baikov N. World Oil Industry: Forecasts of Development up to 2035. World Eonomy and International Relations, 2013, no. 3, pp. 54-61. https://doi.org/10.20542/0131-2227-2013-3-54-61



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