Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
The Asia-Pacific region is divided into nations of energy “haves” and “have-nots.” Japan and South Korea are highly industrialized nations with virtually no oil and gas resources. China and India have substantial energy resources, but without imports they will not be able to cope with the expected rise in energy demand due to population growth and rapid industrialization. Malaysia and Indonesia are the traditional energy “haves” in the region, but are suffering from production declines in their mature fields.
The emerging energy giant in the region is Australia. The country has estimated potential gas resources of 400 Tcf, a number that is expected to grow as exploration continues in frontier offshore conventional gas and onshore coal seam and shale gas plays. According to the Australia Petroleum Production and Exploration Association (APPEA), Australia’s annual gas production for domestic consumption grew during the 2000–2009 decade from 726 Bcf to 1,001 Bcf and annual LNG exports grew from 345 Bcf to 736 Bcf. The country currently ranks as the world’s fourth largest LNG exporter and is aiming to move up the ranks as mega-LNG projects such as Gorgon and Wheatstone begin production by 2015.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Bucharest - April 28-30
Houston, TX - May 5-8
Savannah, GA - May 5-8
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.