By Henrik Stolen
FORNEBU, Norway, June 14 (Reuters) - World demand for oilwill peak around 2030 and will not exceed 100 million barrelsper day by 2040, Norway's Statoil said in its annualmarket outlook on Friday.
"Fossil fuels are here to stay, but gas is growing the most.For oil demand, we see a peak around 2030," Eirik Waerness,Statoil's chief economist, told reporters.
Growth in the U.S domestic oil output has been the biggestchange affecting the oil market, he said, which would compensatefor an expected fall in output from countries that do not belongto the Organization of the Petroleum Exporting Countries (OPEC).
Statoil is the latest energy company to provide its view onfuture energy markets after BP's report released onWednesday.
Statoil predicted global primary energy demand would grow by40 percent by 2040, mainly from non-OECD countries where energydemand is seen rising by more than 60 percent by 2040.
BP (BP.)
