We continue to look at the oil supply balances country by country. All oil producers in Asia are now in post-peak oil mode i.e. they are net oil importers. Fig 1: Indonesia…
Tag: Thailand
Peak Oil in Asia (part 1)
According to data recently published in BP’s 2016 Statistical Review Asian oil production remained at around 8.3 mb/d for 4 years now. Fig 1: Asian oil production We see the dominance of…
Peak oil in the South China Sea (part 1)
The recent deployment of missile launchers and jet fighters on Woody Island of the Paracel islands have put the spotlight on the South China Sea (SCS). Fig 1: The 200 mile Economic Exclusion Zone…
South East Asian oil producers – the widening gap between oil production and consumption
BP’s recently released Statistical Review 2013 allows us to analyse the oil supply and demand situation in South East Asia. We start with Indonesia: Indonesia’s painful medicine 17/6/2013 It’s been described as…