Regional Energy Market Overview

September 2010
China Oil & Gas Report;Q3 2010, p22
Industry Profile
The article presents an overview of the oil and gas consumption in Asia Pacific region. It forecasts that the regional demand for oil rise to 26.93 million b/d in 2010, 27.23 million b/d in 2011, and 29.59 million b/d in 2014. It notes that half of those demands are from China. The regional production of oil is said to decline by 2014, while the import requirement rises to 20.74 million b/d in 2014 from 17.58 million b/d of 2010.


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