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: Vietnam
Peak oil in the South China Sea (part 2)
China’s crude oil production has apparently peaked and is back to where it was at the beginning of 2010. Fig 1: China’s crude oil production http://www.jodidb.org/ Vietnam has become a net oil importer:…
Prime Minister Malcolm Turnbull’s exciting energy security in Australia
A miracle happened 1 minute to 12. Two journos asked energy security questions at last week’s National Press Club in which Australia’s Prime Minister Malcolm Turnbull was given a last opportunity before…
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…
10 years after peak oil in Vietnam: Asian Century sails into troubled waters in the South China Sea
Only weeks after the Australian Prime Minister Tony Abbott introduced “Team Australia to help China build the Asian Century” to the Boao Forum on the island of Hainan in the South China…
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…