Asia will become the global oil trade center in 20

2022-08-05
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On November 27, the International Energy Agency (IEA) released its annual flagship report world energy outlook 2013 (hereinafter referred to as outlook) in Beijing. The outlook points out that with the gradual transformation of North America to an oil export region, the opening of several strategic transportation channels and the continuous growth of crude oil supply, by 2035, the world energy trade center will be transferred from the Atlantic basin to the Asia Pacific region, and Asia will become a global oil trade center at that time

at present, the world energy pattern is changing with each passing day, and the focus of global energy demand is gradually shifting to new economies, especially China, India and the Middle East. These new economies will promote the global energy combustion without polluting smoke, and the dust demand will increase by more than 1/3 during the switching process. By the early 1920s, China will become the world's largest oil importer, India will become the largest coal importer, and Southeast Asia will also become another demand growth center

with the high oil price, the persistent regional price difference of natural gas and electricity, and the continuous growth of energy import expenditure in many countries, the new geographical change of supply and demand will restructure the global oil trade center. By about 2030, China will replace the United States as the largest oil consumer, and the oil consumption in the Middle East will exceed that of the European Union. Although China is in a leading position in Asia at present, India will replace China as the main demand growth engine after 2020

in addition, the transportation and petrochemical industries will be the main driving forces for the growth of oil consumption before 2035. The oil demand of the transportation sector will increase by 25% to 59million barrels per day, of which 1/3 of the increase will come from cargo transportation in Asia. In the petrochemical industry, the Middle East, China and North America will jointly raise the oil demand and price to 14million barrels per day. Stimulated by high oil prices, energy efficiency will be improved, the pace of development of oil substitutes will be accelerated, and the share of biofuels and natural gas in the transportation fuel market will also increase

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