VOL. XXXVI

NO. 40

5-JULY-1993

SUPPLY/DEMAND

BP President Sees Geographical Shift In Demand

According to the President of British Petroleum, Mr. David Simon, worldenergy and oil demand in 1992 remained at the same level as in 1991, despiteserious economic problems in the US, Europe, Japan and the former Soviet Bloc.Speaking on 18 June at the Energy Conference of Latin America and the Caribbean(ENERLAC 93) in Bogota, Colombia, Mr. Simon said that this was due to rising oildemand in Asia, where...