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According to Dow Jones Buenos Aires on October 9, Tony Hayward, BP's chief executive officer, said at the Global Gas Conference on Thursday that as the economy grows and the population increases, global energy demand will increase significantly.
Hayward said that by 2030 global energy demand is expected to increase by 45% on the current basis. Global energy companies will need to invest 25 trillion US dollars - 30 trillion US dollars to meet the global energy needs in 2030.