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OPEC: Primary Energy Demand to Increase 23% by 2050

Summary by BizToc
Organization of the Petroleum Exporting Countries (OPEC) Secretary General Haitham al-Ghais (pictured) stated on Monday that the world will need 23% more primary energy from now to 2050. Speaking at t...

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Secretary-General of the Organization of Petroleum Exporting Countries attributed the lack of investment to the world's current lack of "diesel, fuel for aircraft and petrol".

·Lisboa, Portugal
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The organization warns that the increase of the world population, urbanization and the development of artificial intelligence will trigger demand and demand investments of up to 18 trillion dollars to guarantee the supply of oil and gas

·Madrid, Spain
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Haitham al Ghais advocates investment in oil infrastructure and other energy sources due to global population and economic growth

Secretary-General of OPEC defended the need to invest in infrastructure for oil and gas, as well as in other energy sources.

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alborsaanews.com broke the news on Monday, October 12, 2026.
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