Oil & Gas Outlook: Long-Term forecasts

December 2008
Germany Oil & Gas Report;Q4 2008, p61
Industry Profile
The article presents a long-term forecast in the oil and gas industry. It relates the extended forecasts to cover a 10-year period, by providing a guide to supply and demand trends from 2008 to 2018. It also discusses the long-term assumption including the global oil demand growth expected between 2007 and 2012. Moreover, a slowing of world oil supply growth seems inevitable beyond 2012, with the probable expansion of output lagging the demand trend and once again tightening the market.


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