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World Energy Outlook 2007

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Table 1.2: <strong>World</strong> Primary Oil Demand in the Reference Scenario<br />

(million barrels/day)<br />

1980 2000 2006 2010 2015 2030 2006-<br />

2030*<br />

OECD 41.8 46.0 47.3 49.0 50.8 52.9 0.5%<br />

North America 20.9 23.4 24.9 26.2 27.7 30.0 0.8%<br />

Europe 14.7 14.2 14.3 14.5 14.7 14.7 0.1%<br />

Pacific 6.3 8.4 8.1 8.3 8.3 8.1 0.0%<br />

Transition economies 9.4 4.2 4.5 4.7 5.1 5.6 0.9%<br />

Russia n.a. 2.6 2.6 2.8 3.0 3.3 0.9%<br />

Developing countries 11.3 23.1 28.8 33.7 38.7 53.3 2.6%<br />

China 1.9 4.7 7.1 9.0 11.1 16.5 3.6%<br />

India 0.7 2.3 2.6 3.1 3.7 6.5 3.9%<br />

Other Asia 1.8 4.5 5.5 6.2 6.9 8.9 2.0%<br />

Middle East 2.0 4.6 6.0 7.0 7.9 9.5 1.9%<br />

Africa 1.3 2.3 2.8 3.1 3.4 4.8 2.2%<br />

Latin America 3.5 4.7 4.8 5.2 5.6 7.1 1.6%<br />

Int. marine bunkers and<br />

stock changes 2.2 3.6 4.1 3.7 3.9 4.5 n.a.<br />

<strong>World</strong> 64.8 77.0 84.7 91.1 98.5 116.3 1.3%<br />

European Union n.a. 13.6 13.8 13.8 14.0 13.8 0.0%<br />

* Average annual rate of growth.<br />

The transport sector is the principal driver of oil demand in most regions<br />

(Figure 1.6). Globally, transport’s share of total primary oil use rises from 47% in<br />

2005 to 52% in 2030. Although biofuels take an increasing share of the market<br />

for road-transport fuels, oil-based fuels continue to dominate, their share of<br />

transport demand falling from 94% to 92% over the projection period.<br />

<strong>World</strong>wide, consumption of oil for transport is projected to grow by 1.7% per<br />

year over 2005-2030. Demand grows fastest in the developing regions, in line<br />

with rising incomes and investment in infrastructure. Today, there are about<br />

900 million vehicles on the world’s roads (excluding two-wheelers); by 2030,<br />

their number is expected to pass 2.1 billion. Most of the extra vehicles are<br />

destined to be used in Asia. The non-OECD vehicle fleet overtakes that of<br />

OECD countries in aggregate by around 2025, and is 30% larger by 2030.<br />

Major improvements in vehicle fuel economy in all regions slow the growth in<br />

demand for gasoline and diesel, but do not reverse it. Industry and the residential<br />

and service sectors account for most of the rest of the increase in global oil<br />

demand, with most of the growth coming from non-OECD countries. Oil<br />

demand for power generation remains small.<br />

80 <strong>World</strong> <strong>Energy</strong> <strong>Outlook</strong> <strong>2007</strong> - GLOBAL ENERGY PROSPECTS: IMPACT OF DEVELOPMENTS IN CHINA & INDIA

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