Energy Industry
Industry: Email Alert RSS FeedENERGY CONSUMPTION: DEMAND RESUMES UPWARD TREND IN 1994, SAYS BP
Europe Energy, June, 1995
Summary: After remaining static for three years, world energy consumption increased by nearly one per cent in 1994, to 7.9 billion tonnes of oil equivalent (toe), figures produced by British Petroleum (BP) in its annual Statistical Review of World Energy, published on June 23, reveal.
This restores the pattern of steady growth in energy demand seen for most of the 1980s, BP concludes.
The increase would have been even greater, were it not for the continuing steep decline in energy use in the former Soviet Union, where demand fell by 10.4% in 1994, while the rest of the world showed a rise of 2.8%. Growth in energy consumption in emerging market economies, excluding Eastern Europe, was a strong 5.1%, with Brazil, China, India and much of the rest of East...
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