ISTANBUL, July 10 -- Representatives from the global petroleum sector on Monday focused on the future of energy in the face of a growing population on the planet in the decades to come.
"Today we have around 7.5 billion people on the planet and by 2100 we can expect about 11.2 billion," Ben van Beurden, CEO of the Royal Dutch Shell, told the 22nd World Petroleum Congress that kicked off on Sunday evening in Istanbul.
Recent projections suggest that the population in Asia alone would increase by 750 million by the middle of the century, with its energy demand increasing by around half, noted Van Beurden.
"But more than anything, this is a story about Africa," he stressed. "We can expect 3.6 billion extra people to be living on this planet by the end of the century and 3.2 billion of them will be in Africa, with the vast majority in sub-Saharan Africa."
In his view, there is often too much focus on energy-transition policies in Europe and North America instead of the fast-growing developing countries.
"What happens in England is important, but what happens in Ethiopia is at least as important," the chief executive said, adding that "From Denmark to the Democratic Republic of Congo, from the U.S. to Uganda, to India, to China there is a lot of work to do."
Sector representatives mostly stressed that the demand for conventional and unconventional oil and gas would continue to increase and remain critical to the changing energy mix in the face of the population's rapid growth.
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