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[size=36]A promising statement for Iraq from the Secretary-General of OPEC: The demand for oil will increase[/size]
Economie| 03:50 - 06/18/2022
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Baghdad - Mawazine News
, Secretary-General of the Organization of Petroleum Exporting Countries "OPEC", Muhammad Barikendo, announced today, Saturday, the need for the international economy for energy and the use of renewable ones, and while noting the scale of the increase in energy use during the next two years, he stressed the need to deal with all challenges to ensure global energy supplies.
During his speech at the Energy Forum, Barkindo said, "I commend the efforts of the Iraqi institutions to prepare this summit and the attendance of high-class experts," noting that "this event comes in difficult periods in this sector, as the world experiences the repercussions of Corona, in addition to the supply interruption due to the Ukraine war." .
He added that "
He continued, "All challenges must be dealt with to ensure global energy supplies, and we need a future vision that enables us to control energy prices and face the dire repercussions of the crises."
He pointed out that "the strategic reserve has been used and more than 30 million barrels have been pumped since May, and we are still looking for solutions to meet the challenges of climate change and challenges in the energy field," adding: "We need sustainable solutions, not urgent, and there is no better than this forum. To find solutions to all the problems.
He stressed "the need for a comprehensive approach to avoid instability in the energy market," noting that "the international economy will need double the energy it consumes from spending 124 trillion dollars in 2020, to 270 trillion dollars in 2024."
And he added, "There will be an increase in energy from 224 million to 300 million barrels in 2024, and there is no energy source that can cover this demand."
He pointed out that "the use of renewable energy in 2020 amounted to 2.24%, and in 2024 it will reach 10%," noting that "the oil need for energy during the past year 2020, amounted to 30%, and in 2045 the need will reach 50%." End 29 /h
, Secretary-General of the Organization of Petroleum Exporting Countries "OPEC", Muhammad Barikendo, announced today, Saturday, the need for the international economy for energy and the use of renewable ones, and while noting the scale of the increase in energy use during the next two years, he stressed the need to deal with all challenges to ensure global energy supplies.
During his speech at the Energy Forum, Barkindo said, "I commend the efforts of the Iraqi institutions to prepare this summit and the attendance of high-class experts," noting that "this event comes in difficult periods in this sector, as the world experiences the repercussions of Corona, in addition to the supply interruption due to the Ukraine war." .
He added that "
He continued, "All challenges must be dealt with to ensure global energy supplies, and we need a future vision that enables us to control energy prices and face the dire repercussions of the crises."
He pointed out that "the strategic reserve has been used and more than 30 million barrels have been pumped since May, and we are still looking for solutions to meet the challenges of climate change and challenges in the energy field," adding: "We need sustainable solutions, not urgent, and there is no better than this forum. To find solutions to all the problems.
He stressed "the need for a comprehensive approach to avoid instability in the energy market," noting that "the international economy will need double the energy it consumes from spending 124 trillion dollars in 2020, to 270 trillion dollars in 2024."
And he added, "There will be an increase in energy from 224 million to 300 million barrels in 2024, and there is no energy source that can cover this demand."
He pointed out that "the use of renewable energy in 2020 amounted to 2.24%, and in 2024 it will reach 10%," noting that "the oil need for energy during the past year 2020, amounted to 30%, and in 2045 the need will reach 50%." End 29 /h
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