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According to the latest statistics from the US government, global energy consumption is still increasing and by 2030, it''s expected that the world will require 700 quadrillion BTU in order to keep running. Official statistics about the size of the Nigerian energy market published in 2007 were an estimate of consumption in 2004, when it amounted to 1 quadrillion BTUs, of which liquid petroleum accounted for 58%, the share of natural gas was 34% and that of hydropower and wood was 8%. British thermal units (Btu) in 2005 to 563 quadrillion Btu in 2015 and then to 695 quadrillion Btu in 2030. |
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