Date: 9 months ago   Category: Energy

The OPEC estimates the volume of investment into oil branch in the world by 2040 at $11 trillion — Rambler News Service


The OPEC estimates the volume of investment into oil branch in the world by 2040 at $11 trillion, it is told in the annual review of the World Oil Outlook 2018 organization. According to the forecast of OPEC, investments into the sector of exploration and production at the same time are estimated at $8,3 trillion, or about $350 billion a year. Investments into oil processing, according to the forecast of the organization, will make $1,5 trillion. Investments into transportation of oil are expected at the level of about $1 trillion. In the last year's review of OPEC I estimated investments into oil branch in the world by 2040 at $10,5 trillion, including in exploration and production — $7,9 trillion, in oil processing — $1,5 trillion, in transportation — $1,1 trillion.

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