No 13



EIA Forecasts Global Oil Demand To Grow 2% A Year To Reach 119Mn B/D In 2020

Worldoil consumption is expected to grow by an average of 2% a year to 2020, takingaverage crude demand from 75mn b/d in 1999 to 119mn b/d in 2020, according tothe Energy Information Administration (EIA) of the US Department of Energy. Inits International Energy Outlook 2002 report, published on 26 March, theEIA says that oil is expected to retain its dominant position in primary...