[Peakoil] Southeast Asian oil output likely to peak by 2013

Antony Barry tony at tony-barry.emu.id.au
Sun Dec 10 08:15:22 EST 2006


 From <http://www.financialexpress.com/fe_full_story.php? 
content_id=148135>

Southeast Asian oil output likely to peak by 2013
Posted online: Wednesday, December 06, 2006 at 0000 hours IST

DEC 5:  Oil production in Southeast Asia will reach a peak in 2013 as  
fewer new fields are found, forcing the region to evaluate its  
dependence on crude, said Michael Smith chief executive of UK-based  
consultant Energyfiles Ltd.

Crude oil output will hit an apex of 3.3 million barrels a day by  
2013, compared to 95 million barrels a day of global production, said  
Smith, during a presentation at the OSEA 2006 conference in  
Singapore. Southeast Asia’s gas production will hit a total of 4.7  
million barrels of oil equivalent a day at the same time before  
reaching a top level in 2020.

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