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BP: Russia to remain world's largest primary energy exporter by 2040

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BP: Russia to remain world's largest primary energy exporter by 2040


17.02.2019

Photo: pixabay.com

UK petroleum giant BP informed in its annual report that Russia will remain the world's largest exporter of energy resources by 2040, satisfying 5% percent of global demand. 

Our country will also retain its position as one of the largest producers of fossil fuels, according to BP. The production of primary energy by Russia in the period between 2017 and 2040 will increase by 21% , while the country's share in its global production will decrease from 10 to 9 %. Russia's domestic energy consumption is projected to increase by 7% by 2040, the report says.

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