In statements to the UAE Minister of Industry and Advanced Technology, Sultan Al Jaber, that demand for oil will rise In the coming years, to exceed 105 million barrels per day by 2030.
He added: The global demand for oil and gas will remain strong when this exceptional circumstance ends, Even at the lowest levels of global demand during the Covid-19 pandemic in March and April, world oil consumption was at 75 million barrels per day, and figures indicate that global oil demand fell below 90 million barrels per day for only 12 weeks. p>
According to Al-Arabiya, Al-Jaber noted that the coming months may be full of challenges, and perhaps The demand for oil is witnessing more fluctuations, and he continued by saying: We must not forget that the fundamentals and fundamentals on which the oil and gas sector is based in the long term remain sound and solid.
He continued: We expect oil demand to grow to more than 105 million barrels per day. By 2030, and that the oil and gas sector will continue to supply more than half of the world's energy needs for many decades to come. Meanwhile, the petrochemical sector will continue to grow at an accelerated rate until 2050 and beyond, to keep pace with the growth of the middle class around the world. These are the long-term positive trends, and they highlight the pivotal role of the oil and gas sector in the economic recovery from Covid-19.
