Oil and Gas Markets to 2025 - LUKoil
... housing and power generation will substitute to cleaner energy like gas. Moreover, any reductions in total consumption are predicted ... ... a total consumption reduction of 30% by 2025. Overall, LUKoil forecast that BRENT oil prices in US/bbl will incur a steady rise ... ... are seeing biofuel subsidy programs are being cut and even the European Commission has proposed to lower the target level of the ... ... biofuels producer the situation is far from merry, as strategically USA aimed to limit its reliance on Middle East via alternative ...