The International Energy Agency forecasts an increase in demand for oil and gas until 2050, contrary to global climate goals.

The International Energy Agency (IEA) has announced that global demand for oil and gas could increase until 2050, contrary to previous expectations of a rapid transition to cleaner fuels. In its annual report, the IEA estimates that oil demand will reach 113 million barrels per day by mid-century, a 13% increase compared to 2024. Additionally, global energy demand could increase by 15% by 2035.

These forecasts reflect current policies, not climate aspirations, and criticisms from U.S. officials highlight the tensions between current energy policies and environmental goals. Investments in liquefied natural gas (LNG) are also on the rise, with an estimated annual export capacity of 300 billion cubic meters by 2030. The IEA emphasizes that the global LNG market will grow significantly, considering the increased demand from data centers and the development of artificial intelligence, with global investments in this sector estimated at $580 billion by 2025.