Middle East Economic Survey

VOL. LI

No 26

30-June-2008

SUPPLY/DEMAND

EIA Forecasts Worldwide Liquids Consumption Will Reach 112.5Mn B/D In 2030

The Energy Information Administration (EIA) of the US Department of Energy predicts that worldwide petroleum liquids consumption will increase from 83.6mn b/d in 2005 to 95.7mn b/d in 2015 and 112.5mn b/d in 2030. In the International Energy Outlook 2008 (IEO2008), published on 25 June, the EIA said liquids share of world energy consumption would decline...