HomeNewsNewsEmirates News Agency – World economy projected to more than double in size by 2045: OPEC

Emirates News Agency – World economy projected to more than double in size by 2045: OPEC

VIENNA, 31st October, 2022 (WAM) — OPEC today expected the world economy to more than double in size, and the global population rise by 1.6 billion between now and 2045.

This came as the Organisation of the Petroleum Exporting Countries launched its 2022 edition of the World Oil Outlook (WOO) at Abu Dhabi International Petroleum Exhibition and Conference, which opened in the UAE capital today.

First published in 2007, the WOO offers a detailed review and assessment of the medium- and long-term prospects for the global oil and energy industries to 2045.

OPEC’s Secretary-General Haitham Al Ghais, in launching the publication, said, “The WOO 2022 once again underscores the increasingly complex nature of the global oil and energy industries. It is a challenging environment, and one that requires expert analysis to help us…

Read more…