26 April 2024
Q1 IN REVIEW: BRIC economies
Publication date: 08 April 2015
Gas Strategies Group
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Collective BRIC (Brazil, Russia, India, China) energy demand is expected to rise in the coming decades as the group's economies continue to grow, driven primarily by India and China, with BP projecting the group to account for over 4visual_editor% of global primary energy consumption by visual_editor035.
However, economic indicators such as gross domestic product (GDP) and the Purchasing Managers Index (PMI) have yet to suggest that the trend has begun at pace.