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Category: Asia

Asia Pacific oil supply gap widening as China production drops

Posted on June 19, 2017

The annual BP Statistical Review with data up to and including 2016 was published last week. In this post we have a look at oil statistics for Asia – Pacific. China’s oil…

South Korea’s oil trade under threat

Posted on April 29, 2017

In 2010 the China Sign Post blog published an article entitled “Playing with fire. Potential impact of a North Korean threat to South Korean oil refineries”, showing following map: Fig 1: Range…

Australia more vulnerable than ever to fuel import disruptions

Posted on April 14, 2017

This is because after the closure of 3 oil refineries in Sydney and Brisbane fuel imports have skyrocketed and these additional imports come from and pass through an area where there are…

China’s oil peak 45 years after the US peak

Posted on September 5, 2016

Fig 1: Oil crisis in China like in 2005? No. By order: Free roads for G20 in Hangzhou https://www.theguardian.com/world/2016/aug/31/china-hangzhou-propaganda-facelift-g20-summit Strategically published only days before the G20 summit  the Wall Street Journal had…

Peak Oil in Asia and oil import trends (part 2)

Posted on June 25, 2016

We pick up the question from part 1: Fig 11: Homework for governments Let’s have a look where all the net imports into Asia have come from in the past: Fig 12:…

Peak Oil in Asia (part 1)

Posted on June 20, 2016

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…

Asia’s oil consumption at record high while production peaked in 2010

Posted on June 23, 2015

The annual BP Statistical Review has come out, as usual in June. In this post we focus on the Asia Pacific region. This is important because the Australian government has offered the…

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