Middle East Economic Survey

VOL. XLVIII

No 47

21-November-2005

SUPPLY/DEMAND

Asia-Pacific Products Demand To Rise By Annual 700,000-800,000 B/D Near-Term, Says FACTS

Asia-Pacific petroleum products demand is expected to grow by about 700,000 b/d in 2005 and 800,000 b/d in 2006, according to Honolulus FACTS Inc. In the October report Asia-Pacific Petroleum Product Demand, FACTS said annual growth rates of 3.2% in 2005 and 3.5% in 2006 show an easing off after 5.2% growth in 2004: Asia-Pacific...