ABUJA- Global demand for all forms of energy is forecast to rise by 23 per cent through 2045, OPEC Secretary General Haitham Al Ghais told a Nigerian oil and gas conference.
Oil executives and officials from the Organization of the Petroleum Exporting Countries (OPEC) have repeatedly made the case for continued investment in oil, warning that prices will otherwise spike higher.
Al Ghais also said calls to limit or stop funding new oil projects were unrealistic and unwise. He acknowledged, however, the need for technology to tackle continued fossil fuel emissions.
