[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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