OPEC bulletin 8–9/17
energy efficiency improvements, as well as a decelera-
tion of energy resource demand growth is obviously just
a question of time.
Biotechnologies are of no less importance for us than
anything else in this list. At first glance, it may seem
that they have no relation to energy at all, but such a
statement is misleading. All our energy consumption
forecasts are based on population expansion, and the
welfare of people.
One of the main driving forces behind the current
population trends is the rapid development of biotech-
nologies. Such areas as immune engineering, human
genome mapping and precise genetic engineering will
enable us to considerably extend not only the aver-
age human lifespan, but also its active stage. And this,
together with the population size, is directly connected
to energy consumption.
The development of precise genetic engineering in
crop productionwill continue to evolve given the necessity
to feed an expanding population, and the sharp growth in
agriculture productivity will not occur everywhere, but in
particular regions. This will lead to a growing demand for
transportation and storage. Both of these are quite power
intensive sectors, which boosts energy demand.
Breakthroughs in materials science have already made
3D printing possible, and its further development may
lead to huge shifts in approaches to production. If some
goods, or parts, can be printed near the consumer, the
necessity for huge factories that produce goods that
are large and inconvenient to transport disappears. Of
course, a great deal of research and adjustment is nec-
essary to make it commercially viable, but progress never
stops. Changes in transport streams and the labour mar-
ket will also influence the demand for fuel and power, and
in turn, this will shape the world economy.
Infrastructure and transport reforms
Enhancing the reliability and accessibility of infrastruc-
ture in many energy branches facilitates the further glo-
balization of the energy market, concerning such devel-
opments as pipelines, liquefied natural gas (LNG) and
We can observe a sharp rise in the number of
Alexander Novak (l), Russia’s Minister of Energy, presenting his address to the 22
World Petroleum Congress.