VOL. XLV
No 4
28-January-2002
SUPPLY/DEMAND
MiddleEast Crudes Will Supply Most Of The Rise In Asian Demand, Says FACTS
Importsare projected to account for more than 70% of Asian crude requirements in 2010,up from 59% today, according to Honolulu-based FACTS Inc. In a report publishedthis month, Energy Advisory No. 264: Asia-Pacific Crude Oil Market AnUpdate, FACTS analyst Kang Wu writes that the dominance of the Middle Eastin satisfying Asia-Pacific demand for imports is unlikely to change under...
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