Egypt is one of the 10 most energy-using countries in 2040

ArabiaWeather.com - A report issued by Mobil Corp. confirmed that the global demand for energy will increase by 25% by 2040, indicating that the rate of increase will be equivalent to the amount of energy and fuel currently consumed in the Americas.

The company expected that crude oil would retain its dominant position among energy sources for a quarter of a century from now. As a result of population growth and an increase in the standard of living in many countries of the world, according to "Bloomberg" agency.

The company added in its report that the demand for natural gas is expected to grow more than any other energy source by 40%, while the demand for oil will increase by about 20%, to reach 112 million barrels per day by 2040.

China and India will represent half of the global increase in demand for all types of energy , while 10 other countries account for 30% of the growing demand: Brazil, Mexico, South Africa, Nigeria, Egypt, Turkey, Saudi Arabia, Iran, Thailand and Indonesia.