As you can see through these commercials that we have made over recent years as Total and Elf in France, we can speak about motor fuels in quite different and funny ways, can we not. We can even make our customers laugh whilst watching our commercials! I am afraid this was the funniest part of my presentation today! What will follow will not make you smile. Hopefully, it will not make you yawn either! I am delighted and honoured to be here in Rio, 10 years after a summit with its well-known historic dimension leading to a more global awareness of the importance of sustainable development for our planet. I would like to share with you today the view of one of the main players in the petroleum industry, on the paths to sustainable development and how we can pave the way together with the automotive industry. Through this dialogue with Dr Burkhard Göschel, I would like to outline the challenges and the requirements of the fuels industry for the future and listen to those of the car industry. Understanding each other is, here as everywhere, a key requirement to success. So, I would like to thank the World Petroleum Congress for giving me this opportunity to contribute to this dialogue. The topic that we have been proposed to deal with today is indeed quite crucial for our world! How can we, petroleum and automotive industries, supply the fuels the entire world will need in the future decades in a way that will not spoil our planet? Huge problem, isn't it? But solvable, I believe.
World Energy Let us, first, face the reality of world energy demand. The projected world primary energy demand, Demand documented by the International Energy Agency, will, in all likehood, increase by 55 % between 2000 and 2020, at an average annual rate of 2 %. This compares with an annual average growth rate of 2.2 % from 1973 to 2000. Oil remains dominant in the primary energy mix with a share of 40 % in 2020, almost identical to its share today and ten years ago. The volume of the world oil demand is projected to be close to 115 million barrels per day in 2020, compared to 75 mb/d in 2000. Natural gas is the second fastest growing energy source after renewables, (excluding hydroelectric) in the global energy mix. Despite the rapid growth of renewables, their share climbs to only 3 % by 2020 from the current 2 %. They will stay marginal in the global mix. The first conclusion is clearly that fossil fuels will undoubtedly keep the lion's share in the long-term supply of energy.
World Energy The sectored trends in final oil uses are self-explaining. Most of the incremental oil demand over the Demand: main oil markets next two decades comes from the transport sector. Transport's share continuously increases from 37 %