The global oil market will require an investment of $14 trillion by 2045 to meet the rising energy demand of the world, said Haitham al-Ghais, Secretary General of the Organisation of Petroleum Exporting Countries on Tuesday.
“The demand for oil will continue to rise and there is a need to ensure that supply is maintained,” Ghais said while speaking at the India Energy Week in Goa. He further noted that there will be a rise of 23% in energy requirement of the world from now to 2045.
