MOSCOW, October 26. /TASS/. The Russian Energy Ministry forecasts that the world economy will increase oil consumption by slightly less than 1% within the next 15-20 years, Energy Minister Alexander Novak said in an interview with RBC.
"Oil consumption will grow in the next couple of decades, but at a slower rate than economic growth - slightly less than 1% in the next 15-20 years," he said.
Earlier Novak said that the world demand for oil in 2017 is growing faster than expected - already surpassing 1.4 mln barrels from last year.