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Demand running ahead of supply

By: Publication details: nov. 2009Description: 2 p. ; 20-21 In: Petroleum Review 63Summary: Transcripción del resumen del autor. As in previous years, the Asia-Pacific region continues to become ever more dependent on oil and gas imports as regional demand continues to run ahead of regional production. The effect, however, is much more significant for oil, where the region accounts for 30% of global consumption but for only 9.7% of global oil production. For gas, the mismatch is rather smaller, with the region accounting for just over 16% of global gas consumption but only 13.4% of global gas production. The reality may be that Asia-Pacific gas markets are relatively underdeveloped and that usage will increase so that in future the region accounts for a rather higher percentage of global gas usage, writes Chris Skrebowski.
Item type: Artículo de Revista
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Biblioteca Alejandro Angel Bulgheroni Not for loan 200048477

Transcripción del resumen del autor. As in previous years, the Asia-Pacific region continues to become ever more dependent on oil and gas imports as regional demand continues to run ahead of regional production. The effect, however, is much more significant for oil, where the region accounts for 30% of global consumption but for only 9.7% of global oil production. For gas, the mismatch is rather smaller, with the region accounting for just over 16% of global gas consumption but only 13.4% of global gas production. The reality may be that Asia-Pacific gas markets are relatively underdeveloped and that usage will increase so that in future the region accounts for a rather higher percentage of global gas usage, writes Chris Skrebowski.

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