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Understanding Energy Security: Definitions, Measurements, and Future Projections

Energy security is crucial for economic and social development, ensuring a reliable and sufficient supply of usable energy. As defined by the UN Economic Commission, it involves availability in quantities and timeliness, promoting energy efficiency. This overview explores key indicators such as primary energy consumption, per capita energy use, and global oil production trends projected for 2030. It also highlights promising oil fields, including Saudi Arabia’s Khurais and recent discoveries in Brazil, emphasizing the importance of these resources for future energy security.

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Understanding Energy Security: Definitions, Measurements, and Future Projections

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  1. Energy Security Anupam Mathur Director (Commercial) OVL Energy Security

  2. Defining Energy Security • “The availability of usable energy supplies, in sufficient quantity and timeliness so that, given due regard for encouraging energy efficiency, the economic and social development of the country is not materially constrained.” - UN Economic Commission Energy Security Forum Energy Security

  3. Primary Energy Consumption(MTOE) Energy Security

  4. Per Capita Energy Consumption (TOE) Energy Security

  5. Energy Basket (World) Energy Security

  6. Energy Basket (India) Energy Security

  7. World Oil Production ( In million barrels per day) - IEA Report Energy Security

  8. Projections 2030 Energy Security

  9. Giant Fields • Likely To Be Put On Stream • Saudi Arab • Khusaniyah 0.5 m bopd August 2008 • Khurais 1.2 m bopd June 09 (27 billion bbls) • Manifa -- 2011 (50 billion bbls) • Kazakistan • Kasagan -- 2013 (13 billion bbls) • Recent Finds in Brazil • Tupi -- 5-8 billion bbls • Jupiter -- 5-8 billion bbls • Carioca -- 33 billion bbls Energy Security

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