According Lloyd’s Register Marine Global Trends 2030 Report
Lloyd’s Register, QinetiQ and University of Strathclyde have worked together to prepare Global Marine Trends 2030 report. According to the report , it is expected a 40% higher energy forecast demand in 2030.
As the population, economy and prosperity increase so will the demand for oil and gas. United Nations’ projections suggest a total world population of 6.9 billion in 2010 to expand to 8 billion in 2030.
China will overtake North America to become the largest oil consumer by 2030, nearly triple the level of 2011 and moving from about half of North America in 2011 to 35% more than North America in 2030.
USA will remain the biggest natural gas consumer in 2030, while China will see the largest growth in natural gas consumption in the next two decades.
Russia’s energy consumption continues to be dominated by natural gas over the next 20 years. Natural gas consumption in the Middle East and Europe will overtake oil consumption by 2030.
China and India will be the two giants in the world’s coal consumption. Around 60% of coal consumption will come from China in 2030. Coal will continue to dominate India’s energy outlook in the next 20 years.
For more information, please read the Global Marine Trends 2030 report