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2016.12.0507:03:00UTC+00OPEC head says members exert effort to secure oil supply

OPEC members are investing heavily to ensure that crude supplies can keep up with global oil demand, which is projected to continue to surge steadily.

Addressing the attendees of Petrotech, India's main energy event, OPEC Secretary-General Mohammed Sanusi Barkindo said Asia will take a huge role in shaping demand growth worldwide, adding that in India alone, it is expected to increase to over 10 million barrels a day by 2040.

He added the organization's outlook calls for international crude demand to surge by 17 million barrels a day to around 110 million barrels a day by 2040.

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