Novak appreciated the prospects of the "hydrocarbon economy"

He said this in the program “Right to Justice” on Channel One.

“Of course, from the forecasting point of view, we see that the growth in oil consumption in the world will be reduced. But in absolute terms, there is nowhere to go, the hydrocarbon economy will continue for the next 20 years, ”TASS quoted him as saying.

Novak added that the share of electric vehicle sales will increase.

“But we all perfectly understand: to charge a car, it is necessary to generate electricity. And which source to generate electricity is also a matter of energy balance. Either it is gas, or coal, or renewable energy sources: wind, sun, hydro-generation, ”the minister emphasized.

In November 2019, a leading expert of the National Energy Security Fund, Igor Yushkov, in an interview with the FBA “Economics Today” assessed the forecast of the World Energy Agency for future oil consumption in the world.