egcfe oil and gas meeting aperc oil market reportdr.+ruengsak+final.pdf · impact on international...

24
EGCFE Oil and Gas Meeting APERC Oil Market Report 9 March 2018 Tokyo, Japan Dr. Ruengsak Thitiratsakul Research Fellow, APERC

Upload: others

Post on 15-Jun-2020

3 views

Category:

Documents


0 download

TRANSCRIPT

  • 1

    EGCFE Oil and Gas Meeting

    APERC Oil Market Report

    9 March 2018Tokyo, JapanDr. Ruengsak ThitiratsakulResearch Fellow, APERC

  • 2

    DemandAPEC vs GlobalAPEC Demand Outlook

    SupplyAPEC vs GlobalAPEC Supply Outlook

    Key Factors Influencing Oil MarketUS Shale Oil DevelopmentRefining Capacity Additions in SEA and MECrude Oil Price

    Environmental IssuesGasoline and Gas Oil Trade RestrictionIMO’s 2020 Sulphur Cap

    APEC Import Dependence

    Topics of Presentation

  • 3

    Global oil consumption reached 4,341 million tonnes in 2015 (0.9% p.a. for 2006-2015).

    APEC accounted for 53% of global demand in 2015.

    APEC vs Global Demand 2006-2015 APEC Demand 2006-2015

    APEC vs Global Demand

    0 500

    1000 1500 2000 2500 3000 3500 4000 4500 5000

    2006 2007 2008 2009 2010 2011 2012 2013 2014 2015APEC Rest of the world

    Million Tonnes

    0

    500

    1000

    1500

    2000

    2500

    2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

    China Japan US Russia Southeast Asia Other Asia Oceania Other Americas

    Million Tonnes

  • 4

    APEC Demand by Sector 2006-2015 USA Demand by Sector 2006-2015

    APEC vs Global Demand by SectorUSA vs China

    China Demand by Sector 2006-20150

    500

    1000

    1500

    2000

    2500

    2006 2007 2008 2009 2010 2011 2012 2013 2014 2015Power generation Industry TransportationResidential & commercial Non-energy use Others

    Million Tonnes

    0

    100

    200

    300

    400

    500

    600

    700

    800

    900

    1000

    2006 2007 2008 2009 2010 2011 2012 2013 2014 2015Power generation Industry TransportationResidential & commercial Non-energy use Others

    Million Tonnes

    0

    100

    200

    300

    400

    500

    600

    2006 2007 2008 2009 2010 2011 2012 2013 2014 2015Power generation Industry TransportationResidential & commercial Non-energy use Others

    Million Tonnes

    APEC growth (past 10 years) = 0.5% p.a.vs rest global = 1.3% p.a.

    APEC slowdown due to declining demand in USA (-1.4% p.a.) and Japan (-2.4% p.a.) while China demand is growing at 4.5% p.a.

  • 5

    China leads the way in demand growth at 5.7% p.a. towards 2020 contributing to 32% share of APEC vs 25% in the past.

    APEC oil demand will shift more to Asia in the coming years.

    APEC Demand Outlook 2020

    0

    500

    1000

    1500

    2000

    2500

    2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

    China Japan US Russia Southeast Asia Other Asia Oceania Other Americas

    Million Tonnes

    0

    500

    1000

    1500

    2000

    2500

    3000

    2015 2020

    China Japan US Russia Southeast Asia Other Asia Oceania Other Americas

    Million Tonnes

    APEC Demand Outlook 2015-2020APEC Demand 2006-2015

  • 6

    APEC vs Global Supply 2006-2015 APEC Supply 2006-2015

    0

    200

    400

    600

    800

    1000

    1200

    1400

    1600

    1800

    2000

    2006 2007 2008 2009 2010 2011 2012 2013 2014 2015China US Canada MexicoRussia Southeast Asia Other Asia Oceania Other Americas

    Million Tonnes

    0500

    100015002000250030003500400045005000

    2006 2007 2008 2009 2010 2011 2012 2013 2014 2015APEC Rest of the world

    Million Tonnes

    APEC vs Global Supply

    Global oil supply reached 4,359 million tonnes in 2015 (1.0% p.a.).

    US and Russia accounted for 61% of APEC supply with 74% of APEC growth contributing from US shale.

  • 7

    0

    200

    400

    600

    800

    1000

    1200

    1400

    1600

    1800

    2000

    2006 2007 2008 2009 2010 2011 2012 2013 2014 2015China US Canada MexicoRussia Southeast Asia Other Asia Oceania Other Americas

    Million Tonnes

    0

    500

    1000

    1500

    2000

    2500

    2015 2 020

    China US Canada MexicoRussia Southeast Asia Other Asia Oceania Other Americas

    Million Tonnes

    APEC SupplyGrowth +0.4% p.a.(1,926 mt @2020)

    Supply Center North America

    APEC Supply 2006-2015 APEC Supply Outlook 2015 vs 2020

    APEC Supply Outlook 2020

    APEC DemandGrowth +1.7% p.a.(2,605 mt @2020)

    Demand Center Asia

  • 8

    Key Factors Influencing Oil Market

    Oil Market

    Supply

    US Shale OilDemand

    Refining Capacityin SEA & METrade

    Oil Price

    Environmental Issues

    Different Specs Restrict Trade

    IMO 2020 Sulphur Cap

  • 9

    Shale oil production in US has increased by 80% since 2008.

    4.6 mbd in 2017, equivalent to 50% of total US production.

    6-8 mbd forecasted in 2030 (EIA-IEA).

    US energy balance has transformed into less import dependence due to shale oil boom.

    Decreasing breakeven price of shale oil (to US$ 40-50/barrel) increases its potential to be competitive advantage over crude oil.

    0

    200

    400

    600

    800

    1000

    1200

    1400

    1600

    1800

    0

    2

    4

    6

    8

    10

    12

    1 4 7 10 1 4 7 10 1 4 7 10 1 4 7 10

    2014 2015 2016 2017Shale oil Conventional Rig count

    Production (mb/d) Rig count

    US Shale Oil Development

    Sources: EIA and Baker Hughs (2017)

  • 10

    SEA plans to add a combining 1,400 KBD to improve supply security.

    ME plans to install a total of 2,600 KBD and replace crude oil export with product export.

    Trades are expected to increase along new capacities.

    New capacities to be installed in Southeast Asia (SEA) and Middle East (ME) during 2018-2022.

    Refining Capacity Additions in SEA and ME

    Sources: OGJ November 7, 2016IEA: 2016 MTOMR

  • 11

    Impact of Crude Oil Price

    0

    20

    40

    60

    80

    100

    120

    140

    160

    1 7 1 7 1 7 1 7 1 7 1 7 1 7 1 7 1 7 1 7 1 7 1 7 12

    2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

    Brent WTI Dubai

    $/bbl

    Oil price has fallen for the past three years driven by:

    -increased supply of shale oil

    -diminished oil demandfrom slowdown of economic growth$/bbl (2016 price)

    2015 2020 2025 2030

    APERC(Brent) 53 75 100

    IEA(avg import price) 51 83 94

    EIA 53 75 86 95(Brent)

  • 12

    Drop in oil prices has caused demand to increase in some economies but hasn’t boosted economic activities in global scale as much as expected.

    Impact of Crude Oil Price

    Re-balancing of oil supply-demand has shifted focus of international oil market:

    oil exporting countries (OPEC, Russia, etc.)

    oil importing countries (China, India, Japan, EU, etc.)

  • 13

    Gasoline and gas oil trade hampered by differences in their specifications.

    Harmonization of APEC oil specifications can alleviate:

    – APEC oil trade optimization– Environmental emissions– Logistics costs

    Many different quality standards of gasoline and gas oil have been adopted and traded in APEC economies; e.g., EURO III, EURO IV, EURO V and etc.

    Environmental Issue: Gasoline and Gas Oil Trade

  • 14

    New tanker regulations to limit sulphur content (3.5% to 0.5%) on marine fuels to be enforced in 2020.

    Low Sulphur Fuel Oil (LSFO) can be produced several ways: cracking FO to GO, sweeter crude slate, and desulfurizing FO.

    – Estimated $30/mt premium for 0.5% FO1. – Costs are expected to be borne by refiners, crude producers,

    shipowners and bunker suppliers.

    Demand shift of 2 mbd FO to GO2.– Change in trade flows as regional

    disparities in compliant bunker fuel output are expected.

    – New refinery upgrades in the ME are expected to lead to a surplus of compliant FO, while North America, Africa and Asia-Pacific are expected to be in deficit.

    Note: 1. Based on 195 million tonnes FO switching from 3.5% to 0.5% (5,000 ppm).2. Based on marine fuel consumption in international shipping at 3.9 mbd in 2020 (30% FO and 70% GO).

    Environmental Issue: IMO’s 2020 Sulphur Cap

  • 15

    APEC Import Dependence

    34%23%

    0%

    20%

    40%

    60%

    80%

    100%

    0

    20,000

    40,000

    60,000

    Production Net Import Import Dependency

    KBD

    Total Crude & Product Import Dependence

    36% 31%

    0%10%20%30%40%50%60%70%80%90%100%

    -

    500,000

    1,000,000

    1,500,000

    2,000,000

    2,500,000

    KB

    Crude Import Dependence

    -2%

    -9%-10%

    -8%

    -6%

    -4%

    -2%

    0%

    (5,000,000)

    -

    5,000,000

    10,000,000

    15,000,000

    20,000,000

    25,000,000

    KB

    Product Import Dependence

    APEC Import Dependency has decreased from 34% to 23% for the past decade.

    note: Import dependence = (net import + stock changes) / total supply

  • 16

    APEC Import Dependence

    37%35%

    34% 34% 34% 34% 34%35%

    33%31%

    32% 32%30%

    27%25%

    23%

    y = -0.007x + 0.3777

    0%

    5%

    10%

    15%

    20%

    25%

    30%

    35%

    40%

    2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020

    APEC Import Dependency

    APEC Import Dependency has continuously decreased and the trend continues.

    グラフ1

    20002000

    20012001

    20022002

    20032003

    20042004

    20052005

    20062006

    20072007

    20082008

    20092009

    20102010

    20112011

    20122012

    20132013

    20142014

    20152015

    20162016

    20172017

    20182018

    20192019

    20202020

    Import Dependency

    APEC Import Dependency

    y = -0.007x + 0.3777

    0.3653796558

    0.351253077

    0.3373639547

    0.3355914982

    0.3441005256

    0.3405255891

    0.3393412082

    0.3458922896

    0.3334360851

    0.3103439092

    0.320886285

    0.3163676742

    0.3016424644

    0.2717470549

    0.2494077009

    0.2323791769

    0.2727

    0.2657

    0.2587

    0.2517

    0.2447

    0.2377

    APEC

    Ktoe2000200120022003200420052006200720082009201020112012201320142015

    Crude Production1,190,0561,217,2781,256,3471,316,6301,349,3091,355,8631,350,9381,343,4011,335,1881,342,5621,373,3201,385,7131,447,5911,500,2771,576,7491,611,832

    Imports1,146,4851,139,0171,127,0271,201,0061,277,2671,287,7661,293,4921,309,5801,295,5131,232,4371,284,7511,288,3751,281,2281,230,0751,218,9921,270,869

    Exports- 404,859- 426,833- 455,022- 504,537- 537,146- 534,093- 519,079- 513,580- 484,579- 475,835- 478,118- 485,119- 477,679- 482,104- 485,545- 531,749

    Net Imports741,626712,184672,005696,469740,120753,673774,413796,000810,934756,602806,633803,256803,549747,971733,447739,120

    Stock Change- 9,222- 8,109- 5,627- 3,497- 8,888- 4,930- 863- 2,405- 16,511- 12,666- 14,396- 8,757- 11,403- 935- 9,411- 15,486

    Net Crude Supply1,922,4601,921,3531,922,7252,009,6022,080,5412,104,6062,124,4872,136,9972,129,6122,086,4982,165,5572,180,2122,239,7372,247,3132,300,7852,335,466

    Import Dependency38%37%35%34%35%36%36%37%37%36%37%36%35%33%31%31%

    ('000 BBl)2000200120022003200420052006200720082009201020112012201320142015

    Crude Production8,770,7128,971,3389,259,2809,703,5609,944,4059,992,7119,956,4129,900,8669,840,3399,894,68510,121,36910,212,70510,668,74511,057,04011,620,64411,879,200

    Imports8,449,5978,394,5568,306,1858,851,4159,413,4569,490,8399,533,0339,651,6079,547,9339,083,0609,468,6179,495,3269,442,6539,065,6558,983,9699,366,306

    Exports- 2,983,814- 3,145,757- 3,353,510- 3,718,436- 3,958,770- 3,936,267- 3,825,612- 3,785,087- 3,571,348- 3,506,907- 3,523,728- 3,575,327- 3,520,494- 3,553,107- 3,578,467- 3,918,988

    Net Imports5,465,7835,248,7994,952,6765,132,9795,454,6865,554,5725,707,4215,866,5205,976,5855,576,1535,944,8895,919,9985,922,1595,512,5485,405,5025,447,318

    Stock Change- 67,968- 59,766- 41,472- 25,773- 65,505- 36,337- 6,363- 17,722- 121,686- 93,350- 106,101- 64,540- 84,043- 6,889- 69,361- 114,132

    Net Crude Supply14,168,52814,160,37114,170,48314,810,76615,333,58615,510,94615,657,47015,749,66415,695,23815,377,48915,960,15716,068,16416,506,86216,562,69916,956,78417,212,386

    Refinery Supply ('000 BBl)

    Refinery Production16,285,43516,363,97316,375,25816,850,30217,554,55517,732,79317,923,47018,183,73317,996,85117,780,05818,542,44918,786,27218,929,14819,421,08719,709,68820,281,606

    Import2,513,9162,569,8622,659,1122,792,6143,140,1863,247,1513,309,7693,417,9943,486,0093,575,3023,835,1853,936,0923,845,8903,932,7693,958,6774,226,699

    Export- 1,863,756- 1,938,259- 2,010,983- 2,092,156- 2,191,745- 2,498,019- 2,603,003- 2,795,328- 3,134,069- 3,311,266- 3,522,779- 3,695,365- 3,785,709- 3,964,319- 3,979,634- 4,472,334

    Net Import656,949639,564657,494710,315954,134747,133704,226623,109351,326264,006281,079239,80160,063- 38,623- 22,520- 245,635

    Others (SC & Intl AVGas/Marine)- 1,005,068- 971,218- 854,576- 916,271- 1,126,243- 1,105,542- 1,291,267- 1,236,328- 1,283,780- 1,294,220- 1,337,445- 1,369,079- 1,290,015- 1,341,109- 1,452,299- 1,491,403

    Total Supply15,844,64615,936,71116,081,17416,534,56517,243,44317,252,44117,230,97717,500,04017,058,16816,743,46917,478,93817,649,78417,690,88018,031,47118,227,26518,544,569

    Import Dependency-2%-2%-1%-1%-1%-2%-3%-4%-5%-6%-6%-6%-7%-8%-8%-9%

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    200020012002200320042005200620072008200920102011201220132014201520162017201820192020

    Production24,029.3524,579.0125,367.8926,585.1027,244.9427,377.2927,277.8427,125.6626,959.8327,108.7327,729.7827,980.0129,229.4430,293.2631,837.3832,545.75

    Net Import16,77516,13315,37016,00917,55817,26517,56617,78017,33716,00017,05716,87616,39014,99714,74814,251

    Stock Change- 2,940- 2,825- 2,455- 2,581- 3,265- 3,128- 3,555- 3,436- 3,851- 3,802- 3,955- 3,928- 3,765- 3,693- 4,169- 4,399

    Total Supply37,86437,88738,28340,01341,53841,51441,28941,47040,44639,30840,83240,92841,85541,59742,41642,398

    Import Dependency37%35%34%34%34%34%34%35%33%31%32%32%30%27%25%23%

    Regressed Import Dependency38%37%36%36%35%34%34%33%32%31%31%30%29%29%28%27%27%26%25%24%24%

    27%27%26%25%24%24%

    APEC

    '000bbl/d

    Production

    Net Import

    Import Dependency

    Australia

    Total Crude & Product Import Dependence

    Source: IEA 2015

    Import Dependency

    APEC Import Dependency

    Crude Production

    Net Imports

    Import Dependency

    Crude Import Dependence

    Brunei

    Refinery Production

    Net Import

    Import Dependency

    Product Import Dependence

    Canada

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production25,08126,61230,30829,40325,78522,92920,41523,21421,50122,17023,14222,23220,72917,97916,92616,16016160.821

    Imports20,51721,55121,55020,66318,29620,44719,19120,04820,79419,40521,54225,51623,77923,78722,24519,43515322.709

    Exports- 16,114- 20,403- 20,095- 16,343- 13,629- 11,965- 9,885- 12,289- 12,243- 13,135- 14,352- 15,576- 13,679- 12,307- 11,660- 11,981-11265.194

    Net Imports4,4031,1481,4544,3214,6678,4829,3067,7588,5506,2707,1919,94010,09911,48010,5857,4544,058

    Stock Change- 56- 904303- 84515162- 62- 1663461-405.239290.49140.59351.68962.026214145.762

    Net Crude Supply29,42826,85632,06533,64030,96631,57329,65930,80630,08528,50129,92732,46330,96929,51127,57323,82820,364

    Import Dependency15%1%5%13%17%27%31%25%29%22%23%32%33%39%39%32%21%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production184,848196,129223,368216,701190,036168,983150,455171,089158,461163,393170,555163,850152,770132,508124,742119,098119,105

    Imports151,207158,828158,821152,288134,838150,696141,438147,753153,249143,015158,768188,051175,249175,309163,949143,233112,928

    Exports- 118,757- 150,370- 148,101- 120,445- 100,445- 88,181- 72,851- 90,574- 90,233- 96,806- 105,772- 114,793- 100,817- 90,705- 85,936- 88,297- 83,024

    Net Imports32,4508,45810,71931,84334,39362,51568,58857,17963,01646,20952,99673,25974,43284,60478,01354,93629,904

    Stock Change- 412- 6,6622,233- 6173,7941,196- 457- 1,227251450- 2,9872,1411,0363814571,5771,074

    Net Crude Supply216,887197,925236,320247,928228,223232,695218,586227,042221,729210,051220,564239,250228,239217,493203,212175,610150,083

    Refinery Supply ('000 BBl)

    Refinery Production340,041332,800329,920338,510328,447324,180308,230313,919311,965308,884299,632311,329298,790296,847278,809247,7160

    Import30,81832,20631,44036,75569,47973,67190,89283,538109,791119,571122,333113,110139,062152,984157,537178,8090

    Export- 26,740- 29,479- 45,977- 43,509- 37,128- 32,554- 33,743- 31,821- 30,488- 25,600- 25,512- 22,763- 22,636- 23,116- 21,958- 19,5000

    Net Import4,0782,727- 14,537- 6,75432,35141,11857,14951,71779,30493,97167,64590,347116,426129,869135,579159,3090

    Others (SC & Intl AVGas/Marine)- 22,728- 26,999- 20,170- 20,418- 26,466- 26,585- 30,662- 29,838- 29,173- 33,457- 29,176- 29,104- 34,523- 32,686- 33,038- 37,2220

    Total Supply321,392308,527295,214311,338334,331338,713334,717335,797362,096369,398338,101372,572380,693394,029381,350369,8040

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016AAGR

    Production506.43537.34611.97593.70520.65462.97412.21468.74434.14447.65467.27448.90418.55363.04341.76326.29326.32-4.0%

    Net Import10031- 1069183284344298390384331448523588585587826.0%

    Stock Change- 63- 92- 49- 58- 62- 70- 85- 85- 79- 90- 88- 74- 92- 89- 89- 9833.0%

    Total Supply5434765526056416776716827457417108238508628388164111.3%

    Import Dependency7%-13%-11%2%19%32%39%31%42%40%34%45%51%58%59%60%21%5.3%49%

    Canada

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    Chile

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production9,6759,77410,13210,3419,89910,43810,5129,2419,0387,8197,7767,4417,4336,1885,7996,0615,834

    Imports----------------

    Exports- 9,272- 9,213- 9,723- 9,952- 9,550- 10,058- 10,063- 8,702- 8,352- 7,212- 7,496- 6,882- 7,065- 5,944- 5,475- 5,884

    Net Imports- 9,272- 9,213- 9,723- 9,952- 9,550- 10,058- 10,063- 8,702- 8,352- 7,212- 7,496- 6,882- 7,065- 5,944- 5,475- 5,884-

    Stock Change115- 374713- 54- 557742- 86- 145168- 57- 3736- 8998

    Net Crude Supply5195244564022943255265816004614485023312802362755,834

    Import Dependency-1765%-1766%-2120%-2471%-3266%-3115%-1899%-1491%-1405%-1594%-1635%-1381%-2147%-2112%-2359%-2107%0%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production71,30472,03474,67576,21072,95276,92577,47568,10666,60957,62457,30854,84054,78045,60742,74044,66742,996

    Imports-----------------

    Exports- 68,332- 67,903- 71,658- 73,344- 70,386- 74,126- 74,164- 64,133- 61,552- 53,155- 55,247- 50,717- 52,071- 43,809- 40,348- 43,365-

    Net Imports- 68,332- 67,903- 71,658- 73,344- 70,386- 74,126- 74,164- 64,133- 61,552- 53,155- 55,247- 50,717- 52,071- 43,809- 40,348- 43,365-

    Stock Change850- 27134698- 399- 406564309- 632- 1,0691,242- 421- 271263- 655722-

    Net Crude Supply3,8233,8603,3642,9652,1672,3933,8754,2824,4253,4013,3033,7022,4382,0621,7382,02442,996

    Refinery Supply ('000 BBl)

    Refinery Production4,6534,7404,9065,0705,0355,0345,4195,5765,7885,3975,1514,7643,5604,0843,1923,9390

    Import1141011791359910582483817431,0782,0452,9292,3223,0892,5610

    Export- 8---- 17- 17------ 200- 97- 72- 120-0

    Net Import105101179135828882483817431,0781,8452,8322,2502,9692,5610

    Others (SC & Intl AVGas/Marine)- 891- 1,042- 1,136- 1,156- 1,187- 1,198- 1,352- 1,262- 1,277- 1,272- 1,430- 1,490- 1,043- 1,265- 1,181- 1,3210

    Total Supply3,8673,7993,9484,0503,9303,9244,1494,3634,8914,8684,7995,1195,3495,0694,9805,1790

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production195.35197.35204.59208.80199.87210.75212.26186.59182.49157.88157.01150.25150.08124.95117.10122.37117.80

    Net Import- 187- 186- 196- 201- 193- 203- 203- 176- 168- 144- 148- 134- 135- 114- 102- 112-

    Stock Change- 0- 4- 2- 3- 4- 4- 2- 3- 5- 6- 1- 5- 4- 3- 5- 2-

    Total Supply88753478108811128109118

    Import Dependency-2248%-2368%-3004%-3820%-6770%-5896%-2874%-2120%-1788%-1906%-1842%-1252%-1196%-1397%-1112%-1269%0%

    Figure 1.9 Total Oil Supply (Crude and Petroleum)

    Source: IEA 2014

    Chile

    '000bbl/d

    Production

    Net Import

    Import Dependency

    China

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production89,87490,22393,116101,442104,831114,384115,490109,452110,046103,680110,424117,003127,612138,334152,695158,025161556.063

    Imports46,09146,38344,49245,50246,85046,42642,45942,93144,87545,04442,60941,66742,70440,71539,31545,72845103.857

    Exports- 59,712- 58,096- 58,409- 62,336- 68,608- 76,112- 80,717- 75,504- 78,620- 76,669- 80,494- 91,512- 97,823- 112,246- 120,559- 134,682-139176.856

    Net Imports- 13,620- 11,712- 13,917- 16,834- 21,758- 29,686- 38,258- 32,573- 33,745- 31,625- 37,885- 49,845- 55,119- 71,530- 81,244- 88,954- 94,073

    Stock Change- 21- 697- 721- 523- 201- 1,9965161,49077- 75- 1,172818163- 323- 963- 266-140.017

    Net Crude Supply76,23277,81478,47984,08582,87282,70277,74878,37076,37871,98071,36767,97672,65666,48070,48968,80667,343

    Import Dependency-18%-16%-19%-21%-26%-38%-49%-40%-44%-44%-55%-72%-76%-108%-117%-130%-140%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production662,368664,944686,268747,626772,603843,007851,165806,664811,040764,122813,827862,313940,4981,019,5191,125,3631,164,6441,190,668

    Imports339,692341,846327,904335,353345,288342,162312,922316,402330,728331,971314,029307,084314,730300,072289,752337,018332,415

    Exports- 440,075- 428,166- 430,471- 459,418- 505,643- 560,945- 594,886- 556,464- 579,430- 565,050- 593,244- 674,442- 720,954- 827,250- 888,518- 992,606- 1,025,733

    Net Imports- 100,383- 86,320- 102,567- 124,065- 160,355- 218,783- 281,964- 240,062- 248,701- 233,079- 279,215- 367,358- 406,224- 527,178- 598,765- 655,589- 693,318

    Stock Change- 158- 5,137- 5,310- 3,857- 1,484- 14,7113,80410,982565- 550- 8,6406,0261,198- 2,380- 7,095- 1,958- 1,032

    Net Crude Supply561,827573,487578,390619,705610,764609,514573,005577,584562,904530,492525,973500,981535,471489,961519,503507,097496,318

    Refinery Supply ('000 BBl)

    Refinery Production832,237859,308887,851916,105946,865944,193933,780957,507919,454897,898927,938914,547963,500954,850915,379890,6550

    Import54,30974,48564,85382,29691,143105,040109,63999,114122,095101,35498,948118,30292,64488,96581,98687,4620

    Export- 114,830- 149,079- 160,097- 163,227- 168,361- 167,101- 158,899- 164,932- 165,441- 157,813- 158,698- 147,127- 176,993- 190,669- 173,833- 174,7160

    Net Import- 60,521- 74,595- 95,244- 80,930- 77,218- 62,061- 49,261- 65,817- 43,346- 56,458- 59,750- 28,824- 84,350- 101,704- 91,847- 87,2540

    Others (SC & Intl AVGas/Marine)- 14,689- 20,437- 11,239- 7,503- 13,512- 12,411- 15,947- 14,780- 11,124- 5,679- 1,222- 13,391- 10,672- 5,455- 15,292- 1,1980

    Total Supply757,027764,276781,368827,672856,135869,721868,573876,910864,984835,761866,967872,331868,478847,692808,241802,2040

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    2000200120022003200420052006200720082009201020112012201320142015AAGR

    Production1,814.711,821.761,880.192,048.292,116.722,309.612,331.962,210.042,222.032,093.482,229.662,362.502,576.712,793.203,083.193,190.815.3%

    Net Import- 441- 441- 542- 562- 651- 769- 907- 838- 800- 793- 929- 1,085- 1,344- 1,723- 1,892- 2,03514.3%

    Stock Change- 41- 70- 45- 31- 41- 74- 33- 10- 29- 17- 27- 20- 26- 21- 61- 9-15.8%

    Total Supply1,3331,3111,2931,4561,4251,4661,3911,3621,3931,2831,2741,2571,2071,0491,1301,147-2.7%

    Import Dependency-36%-39%-45%-41%-49%-58%-68%-62%-60%-63%-75%-88%-114%-166%-173%-178%17.0%

    Figure 2.8 Total Oil Supply (Crude and Petroleum)

    Source: IEA 2014

    Import Dependency

    China

    '000bbl/d

    Production

    Net Import

    Import Dependency

    Hong Kong

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production265.0265.0220.7179.4178.3166.6145.8128.1132.4185.3216.0277.6302.9355.1347.746251.78213.6

    Imports9,97510,1079,87210,54410,73310,53911,42411,08710329.610154.38595.59207.98740.39538.88978.4398561.5588529.569

    Exports--------0.00.00.00.00.00.0000

    Net Imports9,97510,1079,87210,54410,73310,53911,42411,08710,33010,1548,5959,2088,7409,5398,9788,5628,530

    Stock Change- 226- 226- 135120304-97- 297188.7-92.21.066.3119.7-198.923.733-40.244102.157

    Net Crude Supply10,01410,1469,95710,84311,21510,70611,66610,91910,65110,2478,8139,5529,1639,6959,3508,7738,845

    Import Dependency97%97%98%98%98%98%99%99%99%98%98%97%97%96%96%97%98%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production1,9531,9531,6261,3221,3141,2281,0759449761,3651,5922,0462,2322,6172,5631,8561,574

    Imports73,51374,48672,75377,70879,10077,67284,19181,71476,12974,83763,34967,86264,41670,30166,17163,09962,863

    Exports-----------------

    Net Imports73,51374,48672,75377,70879,10077,67284,19181,71476,12974,83763,34967,86264,41670,30166,17163,09962,863

    Stock Change- 1,664- 1,664- 9958812,242-714- 2,1891,391- 6798489883- 1,466175- 297753

    Net Crude Supply73,80274,77473,38479,91182,65678,90085,98080,47078,49675,52364,94870,39767,53171,45268,90964,65865,190

    Refinery Supply ('000 BBl)

    Refinery Production76,99381,53776,08183,37085,32280,28780,53477,50577,57670,95361,35861,87662,30267,60467,15168,367-

    Import17,89614,10719,59319,01224,75430,81333,49861,33164,03855,87458,72158,14861,37962,48759,20360,912-

    Export(7,086)(10,726)(7,919)(13,364)(12,067)(13,831)(15,871)(10,259)(10,548)(9,005)(5,031)(4,625)(6,577)(7,267)(4,368)(3,636)-

    Net Import10,8103,38111,6745,64812,68816,98317,62751,07253,49046,87053,69053,52354,80255,22154,83457,276-

    Others (SC & Intl AVGas/Marine)(5,675)(5,774)(7,283)(8,126)(14,006)(9,762)(11,875)(11,293)(11,150)(9,286)(6,975)(6,130)(5,939)(7,040)(6,637)(5,758)-

    Total Supply82,12979,14380,47280,89184,00487,50886,287117,284119,915108,536108,074109,270111,165115,784115,348119,885-

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production5.355.354.463.623.603.362.942.592.673.744.365.606.127.177.025.084.31

    Net Import231213231228251259279364355333321333327344332330172

    Stock Change- 20- 20- 23- 20- 32- 27- 31- 37- 27- 27- 19- 15- 14- 23- 18- 172

    Total Supply216198213212223236251329331310306323319328321318179

    Import Dependency98%97%98%98%98%99%99%99%99.2%99%99%98%98%98%98%98%98%

    Source: IEA 2014

    Figure 10. Total Oil Supply (Crude and Petroleum)

    Import Dependency

    Hong Kong

    '000bbl/d

    Production

    Net Import

    Import Dependency

    Indonesia

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production163,000163,959167,000169,600175,873181,353184,766186,318190,440189,490203,014202,876207,478209,919211429214556199685

    Imports70,26560,26069,40691,020122,720126,817145,175163,160178,885203,653237,682253,779271,027281,742308374335483..

    Exports-10306-7550-7665-8133-5492-8067-6337-3884- 4,238- 5,073- 3,030- 2,514- 2,432- 1,617-600-2866..

    Net Imports59,95952,71061,74182,887117,228118,750138,838159,276174,647198,580234,652251,265268,595280,125307,774332,617-

    Stock Change-9129-1297-1052-616-2979788-1111-5244- 10,101- 6,765- 8,900- 14,530- 9,226- 3,334-3757-6238..

    Net Crude Supply213,830215,372227,689251,871290,122300,891322,493340,350354,986381,305428,766439,611466,847486,710515,446540,935-

    Import Dependency24%24%27%33%39%40%43%45%46%50%53%54%56%57%59%60%0%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production1,201,3101,208,3781,230,7901,249,9521,296,1841,336,5721,361,7251,373,1641,403,5431,396,5411,496,2131,495,1961,529,1131,547,1031,558,2321,581,278

    Imports517,853444,116511,522670,817904,446934,6411,069,9401,202,4891,318,3821,500,9231,751,7161,870,3511,997,4692,076,4392,272,7162,472,510

    Exports- 75,955- 55,644- 56,491- 59,940- 40,476- 59,454- 46,704- 28,625- 31,234- 37,388- 22,331- 18,528- 17,924- 11,917- 4,422- 21,122

    Net Imports441,898388,473455,031610,877863,970875,1881,023,2361,173,8641,287,1481,463,5351,729,3851,851,8231,979,5452,064,5212,268,2942,451,387

    Stock Change- 67,281- 9,559- 7,753- 4,540- 21,9555,808- 8,188- 38,648- 74,444- 49,858- 65,593- 107,086- 67,996- 24,572- 27,689- 45,974

    Net Crude Supply1,575,9271,587,2921,678,0681,856,2892,138,1992,217,5672,376,7732,508,3802,616,2472,810,2183,160,0053,239,9333,440,6623,587,0533,798,8373,986,691

    Refinery Supply ('000 BBl)

    Refinery Production1,584,6291,606,7091,683,8791,865,9462,149,7432,270,0122,416,0562,572,2222,664,5332,878,5123,203,6053,332,4323,527,6543708605.622383922953.569284138058.787680

    Import200,422223,079247,436303,929365,433323,257345,012324,914347,825366,071352,801389,746378,196387972.39944365651.90857448155.819330

    Export- 83,020- 93,762- 99,664- 123,791- 107,612- 132,161- 120,333- 142,101- 154,511- 217,095- 231,333- 226,613- 212,182-248352.24158-262367.85243-313627.050640

    Net Import117,402129,317147,773180,138257,821191,096224,678182,813193,314148,975121,467163,133166,014139620.15786103284.05614134528.768690

    Others (SC & Intl AVGas/Marine)- 58,078- 43,830- 21,761- 38,048- 68,567- 58,020- 91,281- 73,096- 138,034- 186,706- 140,966- 154,426- 200,473-159667.38664-182095.12326-147380.101070

    Total Supply1,551,2821,596,5871,712,8871,898,2552,203,4242,289,1252,452,3602,617,5722,719,8142,840,7823,184,1063,341,1393,493,1963688558.39363844142.502164125207.45530

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production3,291.263,310.623,372.033,424.533,551.193,661.843,730.753,762.093,845.323,826.144,099.214,096.434,189.354,238.644,269.134,332.27- 01.7%

    Net Import1,5321,4191,6522,1673,0732,9213,4193,7174,0564,4185,0715,5205,8786,0396,4977,085-8.3%

    Stock Change- 343- 146- 81- 117- 248- 143- 273- 306- 582- 648- 566- 716- 736- 505- 575- 530--1.3%

    Total Supply4,4804,5834,9435,4756,3776,4406,8777,1737,3197,5968,6048,9009,3329,77310,19210,887-5.8%

    Import Dependency27%28%32%37%44%43%46%48%47%50%52%54%55%57%58%60%

    Source: IEA 2014

    Figure 4.9 Total Oil Supply (Crude and Petroleum)

    Import Dependency

    Indonesia

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    Japan

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production-----------------

    Imports-----------------

    Exports00000000000000000

    Net Imports-----------------

    Stock Change00000000000000000

    Net Crude Supply-----------------

    Import Dependency

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production-----------------

    Imports-----------------

    Exports-----------------

    Net Imports-----------------

    Stock Change-----------------

    Net Crude Supply-----------------

    Refinery Supply ('000 BBl)

    Refinery Production---------------

    Import108,856105,726110,304112,383128,433120,516129,338134,894122,541147,921162,899143,782134,328135,223125,043143,3280

    Export- 11,244- 8,505- 8,145- 9,763- 8,486- 15,576- 11,717- 6,452- 6,235- 5,614- 3,675- 4,720- 5,847- 5,178- 4,604- 5,9880

    Net Import97,61297,220102,159102,620119,947104,940117,621128,442116,306142,306159,224139,062128,481130,045120,438137,3400

    Others (SC & Intl AVGas/Marine)- 46,545- 49,249- 62,748- 63,025- 90,473- 76,879- 86,681- 94,681- 84,107- 108,559- 128,588- 109,008- 100,362- 105,483- 97,544- 109,9200

    Total Supply51,06747,97239,41139,59529,47428,06130,94033,76132,19933,74730,63530,05428,11824,56222,89427,4200

    100%100%100%100%100%100%100%100%

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production-----------------

    Net Import267266280281329288322352319390436381352356330376-

    Stock Change- 128- 135- 172- 173- 248- 211- 237- 259- 230- 297- 352- 299- 275- 289- 267- 301-

    Total Supply140131108108817785928892848277676375-

    Import Dependency100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%

    Source: IEA 2014

    Figure 5.9 Total Oil Supply (Crude and Petroleum)

    Japan

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    Korea

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production70,24666,45761,80056,64953,32152,42949,62247,07348,29246,75446,57544,53342,62440,70238968.14938776.57941524.79

    Imports11,07315,62817,18817,88320,55816,37915,63515,65212,85216,21213,99613,41113,28716,38316889.7318921.5930

    Exports- 30,189- 32,779- 29,244- 26,524- 24,023- 21,396- 15,050- 18,001- 16,475- 15,939- 15,926- 17,564- 15,610- 15,884-14876.209-15543.6470

    Net Imports- 19,115- 17,151- 12,056- 8,641- 3,465- 5,016585- 2,350- 3,623273- 1,930- 4,153- 2,3234992,0143,378-

    Stock Change-------221907664266110600345-89.671-141.6390

    Net Crude Supply51,13149,30749,74448,00849,85647,41350,20744,94545,57647,69244,91140,48940,90141,54740,89242,01341,525

    Import Dependency-37%-35%-24%-18%-7%-11%1%-5%-6%2%-4%-10%-4%2%5%8%0%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152015

    Crude Production517,713489,791455,463417,500392,973386,402365,712346,929355,911344,579343,257328,207314,141299,977287,195285,783306,038

    Imports81,611115,180126,678131,800151,513120,715115,233115,35394,723119,483103,14998,83897,922120,745124,477139,452-

    Exports- 222,490- 241,580- 215,528- 195,484- 177,047- 157,686- 110,922- 132,671- 121,421- 117,471- 117,373- 129,449- 115,045- 117,065- 109,638- 114,557-

    Net Imports- 140,879- 126,400- 88,850- 63,684- 25,534- 36,9714,311- 17,318- 26,6982,013- 14,224- 30,611- 17,1233,68014,84024,895-

    Stock Change-------1,6306,6844,8961,9608114,4232,546- 661- 1,044-

    Net Crude Supply376,834363,391366,613353,816367,439349,430370,022331,241335,897351,488330,993298,408301,442306,203301,374309,635306,038

    Refinery Supply ('000 BBl)

    Refinery Production395,394400,790377,672385,752387,884372,801364,997358,410373,818393,782370,905376,170369,401357515.38003386887.09523375669.053820

    Import96,14792,368110,495119,633159,870173,418128,081158,008166,031163,946211,453234,460257,350268701.9327260460.59509231661.766860

    Export- 68,009- 67,577- 59,203- 68,872- 59,479- 51,889- 35,122- 40,684- 38,248- 37,210- 36,359- 33,417- 27,964-30703.93131-35741.28298-28572.728520

    Net Import28,13824,79151,29250,761100,391121,52992,959117,324127,783126,736175,094201,043229,385237998.00139224719.31211203089.038340

    Others (SC & Intl AVGas/Marine)- 3,989- 3,957- 4,257- 5,552- 4,742- 5,002- 4,650- 4,361- 9,419- 8,230- 10,673- 6,079- 7,882-3902.97681-6789.06616-7618.442550

    Total Supply419,544421,624424,707430,961483,533489,329453,305471,373492,182512,288535,327571,135590,904591610.40461604817.34118571139.649610

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production1,418.391,341.891,247.841,143.841,076.641,058.631,001.95950.49975.10944.05940.43899.20860.66821.86786.84782.97838.46

    Net Import- 309- 278- 103- 35205232266274277353441467582662656625-

    Stock Change- 11- 11- 12- 15- 13- 14- 13- 7- 7- 9- 24- 14- 9- 4- 20- 24-

    Total Supply1,0991,0531,1331,0931,2691,2771,2561,2171,2451,2881,3571,3521,4331,4801,4231,384838

    Import Dependency-29%-27%-10%-5%15%17%20%22%22%27%31%33%40%44%45%43%0%

    Source: IEA 2014

    Figure 8. Total Oil Supply (Crude and Petroleum)

    Korea

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    Malaysia

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production335290255298296321284289295268253246243229225.798207.967188.692

    Imports217,425204,070204,336207,052202,694209,673199,685202,250193,113171,244173,840170,395172,286170,392159978.643160922.977158527.804

    Exports00000000000000000

    Net Imports217,425204,070204,336207,052202,694209,673199,685202,250193,113171,244173,840170,395172,286170,392159,979160,923158,528

    Stock Change-1204.011-77.971-1339.619657.278501.686-279.1511309.599528.2091941,795769- 440565- 6612595.665645.2061568.377

    Net Crude Supply216,556204,282203,252208,007203,493209,714201,279203,068193,602173,308174,862170,201173,094169,960162,800161,776160,285

    Import Dependency100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production2,4672,1341,8822,1942,1842,3632,0942,1332,1721,9771,8661,8131,7891,6891,6641,5331,391

    Imports1,602,4211,504,0001,505,9601,525,9701,493,8581,545,2881,471,6791,490,5851,423,2431,262,0671,281,2001,255,8131,269,7471,255,7881,179,0431,186,0021,168,350

    Exports-----------------

    Net Imports1,602,4211,504,0001,505,9601,525,9701,493,8581,545,2881,471,6791,490,5851,423,2431,262,0671,281,2001,255,8131,269,7471,255,7881,179,0431,186,0021,168,350

    Stock Change- 8,874- 575- 9,8734,8443,697- 2,0579,6523,8931,43313,2325,664- 3,2464,168- 4,87319,1304,75511,559

    Net Crude Supply1,596,0141,505,5591,497,9691,533,0091,499,7401,545,5941,483,4251,496,6111,426,8471,277,2761,288,7301,254,3811,275,7041,252,6041,199,8371,192,2901,181,300

    Refinery Supply ('000 BBl)

    Refinery Production1,540,0891,506,5811,508,8671,503,2151,485,9951,537,5601,477,1351,491,9541,418,7421,365,7981,357,3251,279,8821,273,9571322852.428661238993.030891257407.685750

    Import495,748458,767483,916478,817477,180472,071455,460420,722396,794382,314415,282448,845470,491426967.9901416188.78123405153.839210

    Export- 32,905- 35,630- 28,320- 28,887- 33,373- 64,573- 73,083- 107,336- 146,717- 129,082- 132,122- 104,562- 97,449-128280.50267-117995.08727-138317.733060

    Net Import462,844423,137455,595449,930443,807407,498382,377313,386250,076253,232283,160344,283373,042298687.48743298193.69396266836.106150

    Others (SC & Intl AVGas/Marine)- 102,790- 60,823- 74,821- 86,621- 87,821- 108,606- 92,690- 92,156- 85,414- 56,149- 76,020- 72,174- 91,526-73418.90274-78606.03712-81462.614910

    Total Supply1,900,1421,868,8961,889,6411,866,5251,841,9811,836,4521,766,8221,713,1841,583,4051,562,8811,564,4651,551,9911,555,4731548121.013351458580.687731442781.176990

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production6.765.855.166.015.986.475.745.845.955.425.114.974.904.634.564.203.81

    Net Import5,6585,2805,3745,4135,3095,3505,0804,9424,5844,1524,2864,3844,5014,2594,0473,9803,201

    Stock Change- 306- 168- 232- 224- 230- 303- 228- 242- 230- 118- 193- 207- 239- 214- 163- 21032

    Total Supply5,3595,1175,1475,1955,0845,0534,8584,7064,3604,0394,0984,1824,2664,0493,8893,7743,236

    Import Dependency100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%

    Source: IEA 2014

    Figure 10. Total Oil Supply (Crude and Petroleum)

    Malaysia

    '000bbl/d

    Production

    Net Import

    Import Dependency

    Mexico

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production-----55463221435440374027.53716.31815.298

    Imports124,981120,036109,022109,167115,363115,484121,814120,701118,616117,371121,260127,685130,824125,016127543.15141508.257149210.33

    Exports00000000120000000

    Net Imports124,981120,036109,022109,167115,363115,484121,814120,701118,617117,373121,260127,685130,824125,016127,543141,508149,210

    Stock Change136- 1,040133- 1,6661,076935- 1,527900817- 3,134- 57388- 9571,093- 586- 1,328-965.819

    Net Crude Supply125,117118,996109,155107,501116,439116,474120,333121,632119,456114,282120,741127,812129,904126,149126,984140,197148,260

    Import Dependency100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production-----406338233158316398293271293203120113

    Imports921,112884,664803,494804,562850,224851,118897,766889,565874,201865,024893,684941,038964,173921,367939,9931,042,9161,099,680

    Exports--------715-------

    Net Imports921,112884,664803,494804,562850,224851,118897,766889,565874,209865,039893,684941,038964,173921,367939,9931,042,9161,099,680

    Stock Change1,000- 7,667977- 12,2827,9306,893- 11,2526,6306,021- 23,098- 4,224646- 7,0508,058- 4,322- 9,786- 7,118

    Net Crude Supply922,111876,998804,471792,280858,154858,417886,852896,428880,387842,256889,858941,977957,394929,718935,8741,033,2501,092,675

    Refinery Supply ('000 BBl)

    Refinery Production912,034893,858827,789824,053860,120898,548914,402910,084903,005879,280908,459960,268995,686987395.697989832.464131082473.038480

    Import225,190223,239249,744240,252212,525197,706210,338230,632249,490291,939307,358307,961342,424359776.02497353170.61575334930.886260

    Export- 311,361- 305,791- 245,979- 216,318- 243,478- 267,517- 293,880- 296,545- 338,111- 335,518- 346,443- 416,388- 449,969-436786.83361-455058.15466-484957.422960

    Net Import- 86,171- 82,5523,76523,934- 30,953- 69,811- 83,542- 65,913- 88,621- 43,579- 39,085- 108,427- 107,545-77010.80864-101887.53891-150026.53670

    Others (SC & Intl AVGas/Marine)- 78,523- 65,983- 64,464- 74,269- 86,230- 78,824- 101,187- 88,362- 85,186- 84,223- 97,682- 92,067- 86,115-102516.6336-95202.82953-93755.751090

    Total Supply747,339745,323767,090773,718742,937749,912729,672755,809729,197751,478771,692759,774802,026807868.25476792742.09569838690.750690

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production-----111011111100

    Net Import2,2882,1982,2122,2702,2452,1412,2312,2572,1522,2512,3412,2812,3472,3132,2962,4463,013

    Stock Change- 212- 202- 174- 237- 215- 197- 308- 224- 217- 294- 279- 250- 255- 259- 273- 284- 20

    Total Supply2,0751,9962,0382,0332,0301,9451,9242,0331,9361,9572,0632,0312,0922,0552,0242,1632,994

    Import Dependency100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%

    Source: IEA 2014

    Import Dependency

    Figure 10. Total Oil Supply (Crude and Petroleum)

    Mexico

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    New Zealand

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production30,83932,85134,83837,02738,04136,12634,38633,96734,19532,74732,16328,32529,11528,57629,54532,44132788.363

    Imports7,2188,8907,0837,9217,9548,0318,0479,4538,5195,7187,7609,1049,9959,1019,7808,3790

    Exports- 17,254- 18,018- 18,100- 18,748- 19,245- 18,994- 17,262- 16,961- 15,001- 12,244- 17,138- 11,413- 11,998- 10,794- 11,840- 16,0880

    Net Imports- 10,037- 9,128- 11,017- 10,827- 11,291- 10,963- 9,214- 7,508- 6,482- 6,526- 9,379- 2,309- 2,003- 1,693- 2,060- 7,708-

    Stock Change-153.179246.328-988.416242.188-441.941110.744103.499-155.249145- 76- 337- 1,693966527- 497570

    Net Crude Supply20,64923,96922,83326,44226,30825,27425,27526,30427,85826,14522,44724,32328,07827,41026,98824,78932,788

    Import Dependency-49%-37%-53%-40%-45%-43%-36%-29%-23%-25%-43%-16%-4%-4%-9%-31%0%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production227,280242,109256,755272,888280,363266,251253,421250,339252,018241,345237,039208,753214,577210,606217,747239,089241,650

    Imports53,19465,52152,20458,37958,61959,18959,30969,67062,78342,14157,18967,09873,66167,07572,07861,757-

    Exports- 127,164- 132,794- 133,396- 138,171- 141,833- 139,987- 127,218- 125,006- 110,559- 90,238- 126,310- 84,113- 88,422- 79,551- 87,263- 118,568-

    Net Imports- 73,970- 67,273- 81,192- 79,793- 83,214- 80,798- 67,909- 55,335- 47,776- 48,096- 69,121- 17,015- 14,761- 12,476- 15,185- 56,811-

    Stock Change- 1,1291,815- 7,2851,785- 3,257816763- 1,1441,068- 557- 2,487- 12,4797,1173,883- 3,661420-

    Net Crude Supply152,181176,652168,277194,880193,892186,270186,275193,860205,310192,692165,431179,259206,932202,012198,902182,698241,650

    Refinery Supply ('000 BBl)

    Refinery Production182,980198,558190,750191,503191,987194,344203,824226,209236,287228,503204,213211,106247,514216,042203,882209,1380

    Import52,19353,29156,29557,62370,37064,22660,93066,21258,46559,59883,25092,537103,347154,015153,656114,9360

    Export- 69,247- 72,221- 66,969- 70,901- 67,890- 71,244- 78,451- 66,788- 76,474- 64,998- 67,283- 75,872- 109,782- 89,994- 85,359- 78,0560

    Net Import- 17,054- 18,930- 10,674- 13,2782,481- 7,018- 17,521- 576- 18,009- 5,40015,96716,665- 6,43564,02168,29736,8800

    Others (SC & Intl AVGas/Marine)- 12,251- 14,770- 12,537- 11,626- 18,618- 13,791- 14,909- 16,744- 17,489- 462- 12,228- 16,971- 14,578- 33,712- 23,565- 16,9830

    Total Supply153,675164,858167,539166,599175,849173,535171,393208,889200,789222,641207,952210,800226,502246,351248,614229,0350

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production622.69663.31703.44747.64768.12729.46694.30685.86690.46661.22649.42571.93587.88577.00596.57655.04662.06

    Net Import- 249- 236- 252- 255- 221- 241- 234- 153- 180- 147- 146- 1- 58141146- 55-

    Stock Change- 37- 35- 54- 27- 60- 36- 39- 49- 45- 3- 40- 81- 20- 82- 75- 45-

    Total Supply337392397466487453421484465512463490509636667555662

    Import Dependency-85%-69%-77%-61%-58%-61%-65%-42%-48%-29%-40%-17%-15%9%11%-18%0%

    Source: IEA 2014

    Figure 9.9 Total Oil Supply (Crude and Petroleum)

    New Zealand

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    Peru

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production157,920162,454166,491181,214185,374185,014178,024168,043158,181146,732144,975142,890142,422139,529134435.57121586.809115852.533

    Imports--------------000

    Exports- 92,499- 92,680- 97,168- 107,430- 109,365- 105,790- 103,446- 93,568- 80,992- 70,559- 77,691- 76,142- 71,307- 67,271-64096.684-62281.011-63810.706

    Net Imports- 92,499- 92,680- 97,168- 107,430- 109,365- 105,790- 103,446- 93,568- 80,992- 70,559- 77,691- 76,142- 71,307- 67,271- 64,097- 62,281- 63,811

    Stock Change- 9206268475- 527- 78311- 234- 66545552501- 288- 438-756.436367.875-170.428

    Net Crude Supply64,50069,78069,59174,25975,48279,14674,88974,24176,52476,62767,33767,24970,82771,82069,58259,67451,871

    Import Dependency-145%-133%-139%-144%-146%-134%-138%-126%-107%-91%-115%-112%-101%-94%-93%-104%-123%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production1,163,8681,197,2871,227,0401,335,5481,366,2071,363,5511,312,0391,238,4771,165,7911,081,4111,068,4691,053,0981,049,6471,028,332990,790896,095853,833

    Imports-----------------

    Exports- 681,720- 683,053- 716,126- 791,762- 806,022- 779,671- 762,395- 689,595- 596,909- 520,021- 572,582- 561,167- 525,534- 495,788- 472,393- 459,011- 470,285

    Net Imports- 681,720- 683,053- 716,126- 791,762- 806,022- 779,671- 762,395- 689,595- 596,909- 520,021- 572,582- 561,167- 525,534- 495,788- 472,393- 459,011- 470,285

    Stock Change- 6,779441,9743,501- 3,885- 5762,292- 1,725- 4,9033,3543843,693- 2,120- 3,231- 5,5752,711- 1,256

    Net Crude Supply475,368514,278512,888547,288556,299583,303551,935547,157563,979564,744496,271495,624521,993529,312512,823439,795382,292

    Refinery Supply ('000 BBl)

    Refinery Production656,880667,568674,286704,155711,492696,221697,857675,667659,697679,289615,637581,981589,899603638.26354576361.58152524934.485330

    Import174,026152,447140,334118,424128,337159,105180,133203,536225,138205,739248,692269,234266,521238773.8119251929.02259290692.123810

    Export- 37,083- 36,455- 42,395- 38,546- 35,003- 42,390- 50,468- 46,980- 52,499- 74,828- 70,821- 67,622- 55,212-66302.99529-72606.8805-70956.444170

    Net Import136,943115,99297,93979,87893,335116,716129,665156,556172,639130,912177,872201,613211,309172470.81661179322.14209219735.679640

    Others (SC & Intl AVGas/Marine)- 34,108- 29,991- 28,539- 26,231- 27,017- 31,304- 30,778- 36,946- 33,191- 24,330- 27,732- 32,407- 30,663-27931.31396-30614.35949-29716.550190

    Total Supply759,716753,569743,687757,801777,809781,633796,744795,277799,145785,870765,777751,187770,546748177.76619725069.36412714953.614780

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production3,188.683,280.243,361.753,659.043,743.033,735.763,594.633,393.093,193.952,962.772,927.312,885.202,875.752,817.352,714.492,455.052,339.27

    Net Import- 1,493- 1,554- 1,694- 1,950- 1,953- 1,816- 1,734- 1,460- 1,162- 1,066- 1,081- 985- 861- 886- 803- 656- 1,288

    Stock Change- 112- 82- 73- 62- 85- 87- 78- 106- 104- 57- 75- 79- 90- 85- 99- 74- 3

    Total Supply1,5841,6451,5951,6461,7061,8321,7831,8271,9271,8391,7711,8211,9251,8461,8121,7261,047

    Import Dependency-101%-99%-111%-122%-119%-104%-102%-86%-66%-61%-65%-58%-49%-53%-50%-42%-123%

    Source: IEA 2014

    Figure 10.9 Total Oil Supply (Crude and Petroleum)

    Peru

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    Philippines

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production1,6811,5751,4281,1119608868781,9592,8392,6832,5752,2051,9251,6511838.8251934.9511631.573

    Imports4,5014,2394,5464,8154,4484,5174,6124,4324,7204,6375,0335,2685,4755,3275060.985230.2685487.595

    Exports- 1,263- 1,316- 1,128- 929- 742- 636- 680- 1,664- 2,653- 2,370- 2,449- 2,129- 1,831- 1,517-1742.722-1794.168-1629.45

    Net Imports3,2382,9233,4183,8863,7063,8823,9322,7692,0672,2672,5843,1393,6443,8103,3183,4363,858

    Stock Change2511853- 14245- 5291- 10049- 58- 3957153- 71-24.67145.226-11.33

    Net Crude Supply4,9444,6164,9004,8544,7114,7164,9024,6274,9564,8925,1205,4015,7225,3905,1325,5165,478

    Import Dependency66.0%65.9%70.9%77.1%79.6%81.2%82.1%57.7%42.7%45.1%49.7%59.2%66.4%69.4%64.2%64.9%70.2%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production12,39111,61010,5268,1867,0736,5276,47214,43920,92419,77718,97516,24814,19012,16513,55214,26112,025

    Imports33,17431,24533,50635,48732,78533,29433,99432,66734,78934,17537,09438,82640,34739,26137,29938,54740,444

    Exports- 9,307- 9,699- 8,313- 6,847- 5,469- 4,685- 5,012- 12,263- 19,554- 17,470- 18,046- 15,691- 13,491- 11,180- 12,844- 13,223- 12,009

    Net Imports23,86721,54525,19328,64127,31628,60928,98220,40415,23516,70519,04823,13526,85628,08124,45625,32428,435

    Stock Change181867392- 1,050331- 381670- 740364- 427- 2904191,125- 525- 1821,070- 84

    Net Crude Supply36,43934,02336,11135,77734,72034,75536,12434,10336,52336,05537,73239,80342,17139,72137,82640,65540,376

    Refinery Supply ('000 BBl)

    Refinery Production43,48843,34245,75343,97243,66644,38542,99240,82542,72641,62543,64345,19047,06545384.003744703.652547977.370930

    Import9,67010,63610,97412,42917,34815,89716,65619,97718,33818,07314,48915,41414,94117,17218,39517233.009790

    Export- 1,897- 1,496- 1,930- 841- 746- 1,318- 669- 845- 1,453- 1,407- 961- 2,141- 2,229-2122.998-2185.52835-1545.316010

    Net Import7,7739,1409,04411,58916,60314,57915,98719,13216,88616,66613,52813,27312,71215048.7518816209.6186815687.693780

    Others (SC & Intl AVGas/Marine)- 5,432- 7,058- 7,723- 5,851- 9,188- 6,935- 8,005- 8,492- 8,501- 7,835- 7,457- 9,076- 8,503-9429.8837-8339.49777-8866.86070

    Total Supply45,82945,42447,07349,71051,08052,02950,97351,46651,11150,45649,71449,38751,27451,00352573.7734154798.204010

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production33.9531.8128.8422.4319.3817.8817.7339.5657.3354.1851.9944.5238.8833.3337.1339.0732.94-5.3%

    Net Import878494110120118123108889189100108118111112-3.6%

    Stock Change- 14- 17- 20- 19- 24- 20- 20- 25- 22- 23- 21- 24- 20- 27- 23- 21--0.6%

    Total Supply10699103114115116121123123123120121127124125130-0.8%

    Import Dependency68%68%72%80%83%85%85%68%53%56%57%63%69%73%70%70%0%3.9%

    Source: IEA 2014

    Figure 11.8 Total Oil Supply (Crude and Petroleum)

    Philippines

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    PNG

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production5,1215,0014,7844,9204,5454,8404,9904,9275,0615,4695,6165,4165,2895,4435664.4784731.2893263.099

    Imports3089.473742.0053727.9074209.2524192.1334842.6545113.5375568.74,9105,0284,8054,7504,5824,2874212.2734333.1130

    Exports-687.129-944.42-1082.254-1459.001-841.3-651.395-1204.774-1383.448- 912- 964- 956- 822- 788- 741-783.103-402.2720

    Net Imports2,4022,7982,6462,7503,3514,1913,9094,1853,9984,0643,8503,9283,7943,5463,4293,931-

    Stock Change36207180- 155- 8085- 181- 53- 1344586- 78180- 86-78.617308.340

    Net Crude Supply7,5598,0067,6107,5157,8179,1168,7189,0598,9269,5799,5529,2679,2628,9039,0158,9703,263

    Import Dependency32%38%37%35%42%47%43%46%43%43%41%42%43%39%37%47%0%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production37,74436,85635,26136,26233,50035,66736,77336,31437,30040,31041,39439,91938,97840,11441,74734,87024,049

    Imports22,76927,57927,47531,02230,89635,69037,68741,04136,18837,05635,41635,00833,76831,59431,04431,935-

    Exports- 5,064- 6,960- 7,976- 10,753- 6,200- 4,801- 8,879- 10,196- 6,720- 7,103- 7,043- 6,057- 5,809- 5,463- 5,771- 2,965-

    Net Imports17,70520,61819,49820,26924,69630,89028,80830,84529,46829,95328,37328,95027,95926,13125,27328,970-

    Stock Change2631,5281,324- 1,144- 587625- 1,332- 391- 986331632- 5721,324- 632- 5792,272-

    Net Crude Supply55,71359,00256,08455,38757,60967,18164,24966,76865,78270,59470,39868,29768,26265,61366,44166,11224,049

    Refinery Supply ('000 BBl)

    Refinery Production58,89361,60961,56560,79166,24675,34277,86780,07282,04589,72496,216101,984106,368112187.84836111640.9146298205.645380

    Import13,76010,30411,44214,89214,2148,9957,63110,27814,5889,00014,29718,09621,22723912.725120012.9900324813.543830

    Export- 9,256- 12,551- 12,226- 13,227- 14,999- 22,017- 16,124- 19,205- 21,946- 26,103- 31,707- 27,574- 32,948-32337.35159-25299.80355-23602.334920

    Net Import4,504- 2,247- 7841,665- 785- 13,023- 8,493- 8,927- 7,358- 17,103- 17,410- 9,478- 11,722-8424.62649-5286.813521211.208910

    Others (SC & Intl AVGas/Marine)- 5,159- 5,249- 5,184- 8,887- 5,126- 6,428- 13,556- 15,701- 10,143- 4,930- 10,722- 19,741- 9,998-12020.01514-17545.1235-11966.113420

    Total Supply58,23854,11355,59753,56860,33555,89155,81955,44464,54467,69268,08372,76584,64991743.2067388808.977687450.740870

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production103.41100.9896.6199.3591.7897.72100.7599.49102.19110.44113.41109.37106.79109.90114.3895.5365.89-1.0%

    Net Import61505160664956606135305344495583-4.5%

    Stock Change- 13- 10- 11- 27- 16- 16- 41- 44- 30- 13- 28- 56- 24- 35- 50- 27--2.0%

    Total Supply151141137132142131116115132133116107128124119152662.0%

    Import Dependency31%28%30%25%35%25%13%14%23%17%2%-2%16%11%4%37%0%7.2%

    Source: IEA 2014

    Figure 12.9 Total Oil Supply (Crude and Petroleum)

    PNG

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    Russia

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production561067246796167847198048841,125982904774747900.381760.718760.718

    Imports15,39815,10212,71912,3739,90010,55110,60410,0529,2826,7299,0169,3358,7147,5528717.54710470.7640

    Exports-- 42- 451- 659- 597- 756- 694- 780- 821- 991- 922- 920- 742- 680-866.703-764.680

    Net Imports15,39815,06112,26911,7149,3039,7959,9109,2728,4615,7388,0948,4147,9726,8717,8519,706-

    Stock Change34- 30711523635168- 81317- 348421- 122- 113108- 51-538.842-35.6590

    Net Crude Supply15,48814,86013,10812,6289,95410,74810,54810,3948,9977,2848,9539,2068,8537,5688,21210,431761

    Import Dependency100%99%94%95%94%93%93%92%90%85%89%90%91%90%89%93%0%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production4167815,3365,0014,5415,7825,3005,9286,5128,2937,2346,6655,7015,5046,6365,6065,606

    Imports113,480111,30593,74191,18672,96577,76178,15574,08268,40949,59066,44668,79664,21955,65664,24877,170-

    Exports-- 307- 3,322- 4,855- 4,402- 5,570- 5,117- 5,745- 6,052- 7,300- 6,796- 6,782- 5,468- 5,015- 6,388- 5,636-

    Net Imports113,480110,99890,41986,33168,56372,19173,03868,33662,35842,29059,64962,01458,75150,64157,86171,534-

    Stock Change248- 2,2638471,7372561,241- 5992,336- 2,5623,103- 898- 832796- 372- 3,971- 263-

    Net Crude Supply114,145109,51696,60293,06973,35979,21477,73976,60066,30753,68565,98667,84765,24855,77360,52576,8785,606

    Refinery Supply ('000 BBl)

    Refinery Production113,065107,57692,86889,77770,84275,67575,24874,24467,47855,11465,30769,29962,17357,77661,02778,8000

    Import25,88925,13935,09838,27054,43342,25542,12946,82449,46259,26455,45647,30956,08263,67271,19380,0870

    Export- 14,133- 11,103- 11,586- 11,826- 6,759- 8,919- 11,387- 12,348- 10,744- 8,018- 7,386- 8,543- 5,072- 5,067- 5,456- 10,7880

    Net Import11,75614,03623,51226,44447,67433,33730,74234,47638,71851,24648,06938,76651,01058,60665,73769,2990

    Others (SC & Intl AVGas/Marine)- 4,726- 7,455- 4,318- 5,974- 11,430- 5,573- 6,601- 10,138- 4,663- 10,387- 9,770- 8,501- 10,252- 8,072- 10,139- 10,4050

    Total Supply120,095114,158112,062110,247107,086103,43999,38998,583101,53295,973103,60599,563102,931108,310116,625137,6940

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production1.142.1414.6213.7012.4415.8414.5216.2417.8422.7219.8218.2615.6215.0818.1815.3615.36

    Net Import343343312309318289284282277256295276301299339386-

    Stock Change- 12- 27- 10- 12- 31- 12- 20- 21- 20- 20- 29- 26- 26- 23- 39- 29-

    Total Supply332318317311300293279277275259286269290291318372154.4%

    Import Dependency100%99%95%96%96%95%95%94%94%91%93%93%95%95%94%96%0%

    Source: IEA 2014

    Figure 14.9 Total Oil Supply (Crude and Petroleum)

    Russia

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    []

    []

    Singapore

    Ktoe200020012002200320042005200620072008200920102011201220132014

    Crude Production3651305725522427213424622867198720722018886886756783803

    Imports000013091799377887075399398211111,2741115

    Exports-3651-3057-2552-2427-2035-2344-2482-1487-2044-1943-886-886-755- 781-787

    Net Imports- 3,651- 3,057- 2,552- 2,427- 1,905- 1,427- 1,489- 709- 1,174- 1,19010796356493328

    Stock Change00002340-294-454-7169-25-13-4462-68

    Net Crude Supply----4631,0351,0848248278979689691,0681,3381,063

    Import Dependency0%0%0%0%-361%-138%-164%-141%-151%-125%8%9%29%41%24%

    ('000 BBl)200020012002200320042005200620072008200920102011201220132014

    Crude Production26,90822,53018,80817,88715,72818,14521,13014,64415,27114,8736,5306,5305,5725,7715,918

    Imports----9586,7587,3185,7346,4125,5507,3187,2378,1889,3898,218

    Exports- 26,908- 22,530- 18,808- 17,887- 14,998- 17,275- 18,292- 10,959- 15,064- 14,320- 6,530- 6,530- 5,564- 5,756- 5,800

    Net Imports- 26,908- 22,530- 18,808- 17,887- 14,040- 10,517- 10,974- 5,225- 8,652- 8,7707897082,6243,6332,417

    Stock Change----1,725-- 2,167- 3,346- 523509- 184- 96- 324457- 501

    Net Crude Supply----3,4127,6287,9896,0736,0956,6117,1347,1427,8719,8617,834

    Refinery Supply ('000 BBl)

    Refinery Production----3,4307,9808,3596,1076,2296,3757,1457,2108,3169884.497604.68

    Import-----819072- 201- 179- 310- 234- 54-472.96-161.3

    Export----3,4307,8998,2706,0356,4306,5547,4557,4448,37110357.457765.98

    Net Import6,7897,9619,3659,8569,1235,9805,8196,5505,6156,3454,9936,2838,1982811.026041.4

    Others (SC & Intl AVGas/Marine)----- 2,272- 3,409- 3,444- 1,448----- 2,42600

    Total Supply6,7897,9619,3659,8566,8512,5722,3755,1025,6156,3454,9936,2835,7722811.026041.4

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    200020012002200320042005200620072008200920102011201220132014

    Production73.7261.7351.5349.0143.0949.7157.8940.1241.8440.7517.8917.8915.2615.8116.21-14.6%

    Net Import- 55- 40- 26- 22- 13- 12- 144- 8- 71619301823

    Stock Change----- 1- 9- 15- 13- 11- 1- 0- 81- 1

    Total Supply192226272828283132353337373538

    Import Dependency-296%-183%-101%-81%-53%-78%-104%-31%-30%-15%46%51%59%54%57%

    Source: IEA 2014

    Figure 15.9 Total Oil Supply (Crude and Petroleum)

    Singapore

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    Chinese Taipei

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production312820.807336378.822366407.979406862.922442282.856451419.237460041.063470511.068471813.538479088.674487106.499494392.69499908.086499966.375505603.375512777.007524497.222

    Imports5921.4125143.5486263.1095765.6384230.0112438.112331.5812706.4432468.261792.9060000759.7742876.287

    Exports-145134.897-162918.229-189325.395-228993.43-258910.028-253847.884-249685.207-259869.795-244311.516-250141.474-244474.325-245710.465-237897.658-234852.532-223958.42-245741.619

    Net Imports- 139,213- 157,775- 183,062- 223,228- 254,680- 251,410- 247,354- 257,163- 241,843- 248,349- 244,474- 245,710- 237,898- 234,853- 223,199- 242,865-

    Stock Change-236.173-913.538-1016.0471213.025-1387.894-458.276-2148.673-697.464-2156.713-1635.122-2455.195505.511496.466-1449.198-4679.242-2273.292

    Net Crude Supply173,371177,691182,330184,848186,215199,551210,539212,650227,814229,105240,177249,188262,507263,665277,725267,638524,497

    Import Dependency-80%-89%-101%-120%-138%-126%-119%-121%-107%-109%-103%-98%-90%-90%-82%-92%0%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production2,305,4892,479,1122,700,4272,998,5803,259,6253,326,9603,390,5033,467,6673,477,2663,530,8843,589,9753,643,6743,684,3233,684,7523,726,2973,779,1673,865,545

    Imports43,64137,90846,15942,49331,17517,96917,18419,94618,19113,214----5,60021,198-

    Exports- 1,069,644- 1,200,707- 1,395,328- 1,687,682- 1,908,167- 1,870,859- 1,840,180- 1,915,240- 1,800,576- 1,843,543- 1,801,776- 1,810,886- 1,753,306- 1,730,863- 1,650,574- 1,811,116-

    Net Imports- 1,026,003- 1,162,799- 1,349,169- 1,645,189- 1,876,992- 1,852,890- 1,822,996- 1,895,294- 1,782,385- 1,830,329- 1,801,776- 1,810,886- 1,753,306- 1,730,863- 1,644,974- 1,789,917-

    Stock Change- 1,741- 6,733- 7,4888,940- 10,229- 3,377- 15,836- 5,140- 15,895- 12,051- 18,0953,7263,659- 10,681- 34,486- 16,754-

    Net Crude Supply1,277,7451,309,5801,343,7691,362,3311,372,4041,470,6921,551,6711,567,2321,678,9861,688,5041,770,1041,836,5141,934,6761,943,2082,046,8371,972,4953,865,545

    Refinery Supply ('000 BBl)

    Refinery Production1,242,1911,288,3511,346,6321,372,9131,413,5351,501,1011,588,4751,667,1171,725,1621,724,1031,872,9011,885,4591,933,1982065628.803282199792.495722180625.681170

    Import2,5002,01866274,8452133562747,9976,06020,51131,19212,54813694.7604817377.5950215015.10570

    Export- 389,905- 402,909- 478,812- 479,998- 513,069- 601,542- 630,180- 676,300- 693,894- 725,602- 795,608- 750,127- 768,814-847419.64683-837783.3291-835945.548240

    Net Import- 387,405- 400,891- 478,746- 479,971- 508,224- 601,329- 629,824- 676,026- 685,898- 719,542- 775,097- 718,936- 756,265-833724.88635-820405.73408-820930.442540

    Others (SC & Intl AVGas/Marine)- 36,039- 33,241- 32,517- 37,255- 37,986- 33,423- 57,578- 43,926- 40,679- 43,472- 66,745- 75,051- 69,181-87784.19124-149468.78972-143586.406760

    Total Supply818,747854,220835,370855,687867,326866,349901,073947,166998,585961,0881,031,0591,091,4731,107,7511144119.725691229917.971921216108.831870

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production6,316.416,792.097,398.438,215.298,930.489,114.969,289.059,500.469,526.769,673.659,835.559,982.6710,094.0310,095.2110,209.0310,353.8810,590.53

    Net Import- 3,872- 4,284- 5,008- 5,822- 6,535- 6,724- 6,720- 7,045- 6,762- 6,986- 7,060- 6,931- 6,876- 7,026- 6,754- 7,153-

    Stock Change- 104- 110- 110- 78- 132- 101- 201- 134- 155- 152- 232- 195- 180- 270- 504- 439-

    Total Supply2,3412,3982,2812,3152,2642,2902,3682,3212,6092,5362,5432,8563,0392,7992,9512,76210,591

    Import Dependency-170%-183%-224%-255%-295%-298%-292%-309%-265%-282%-287%-250%-232%-261%-246%-275%0%

    Source: IEA 2014

    Figure 13.8 Total Oil Supply (Crude and Petroleum)

    Chinese Taipei

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    Thailand

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production00000000------000

    Imports42,66841,63341,47347,58556,44359,78058,45058,98159,00142,43547,31649,65849,31445,66842393.90339950.003

    Exports-- 6-- 1- 1- 169- 195- 96- 6- 592- 479- 481- 484- 566-584.455-753.774

    Net Imports42,66841,62741,47347,58456,44259,61058,25558,88558,99541,84346,83749,17748,82945,10241,80939,196-

    Stock Change---------- 459- 5529159- 372-156.059-156.059

    Net Crude Supply42,66841,62741,47347,58456,44259,61058,25558,88558,99541,38446,78249,46848,88844,73041,65339,040-

    Import Dependency100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production--------------

    Imports314,465306,835305,655350,699415,987440,576430,773434,690434,840312,744348,722365,982363,441336,574312,443294,432-

    Exports-- 45-- 8- 8- 1,248- 1,436- 707- 45- 4,360- 3,533- 3,548- 3,571- 4,172- 4,307- 5,555-

    Net Imports314,465306,790305,655350,691415,979439,328429,338433,983434,795308,384345,189362,433359,870332,402308,136288,876-

    Stock Change---------- 3,383- 4062,142436- 2,744- 1,150- 1,150-

    Net Crude Supply314,465306,790305,655350,691415,979439,328429,338433,983434,795305,001344,783364,576360,306329,658306,985287,726-

    Refinery Supply ('000 BBl)

    Refinery Production321,023299,110305,182361,232424,377454,979449,380465,260457,327301,806334,326357,974359,249332409.0365306297.7776286285.92099

    Import274,951301,321319,865323,645365,183352,445408,847453,867545,245688,671742,664787,764721,436739450.28222778311.38553857974.25068

    Export- 320,551- 316,368- 341,948- 368,902- 408,109- 483,025- 502,050- 538,888- 586,696- 618,992- 659,203- 699,927- 629,574-628227.15683-640905.74319-677923.48972

    Net Import- 45,600- 15,048- 22,082- 45,256- 42,927- 130,580- 93,203- 85,022- 41,45169,67883,46187,83791,862111223.12539137405.64234180050.76096

    Others (SC & Intl AVGas/Marine)- 155,113- 162,807- 160,693- 160,111- 194,355- 199,743- 218,798- 249,252- 271,602- 285,474- 303,406- 322,439- 332,796-328195.0064-330233.61884-355952.589

    Total Supply120,309121,255122,406155,864187,095124,656137,380130,987144,27586,010114,381123,372118,315115437.15549113469.8011110384.09295

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production-----------------

    Net Import7377997778371,0228469219561,0781,0361,1741,2341,2381,2151,2211,285-

    Stock Change- 425- 446- 440- 439- 532- 547- 599- 683- 744- 791- 832- 878- 911- 907- 908- 978-

    Total Supply312353337398490299321273334244342356327309313306-

    Import Dependency100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%

    Source: IEA 2014

    Figure 16.8 Total Oil Supply (Crude and Petroleum)

    Thailand

    20082008

    20092009

    20102010

    20112011

    20122012

    20132013

    20142014

    20152015

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    Figure 17.9 Total Oil Supply (Crude and Petroleum)

    US based on comments

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production33.39637.44446.55241.49240.4829.34821.25216.19215.1814.16813.15610.1210.129.1088.0968.0968.096

    Imports39,33940,41441,64547,19053,30855,30952,90152,42148291.15447994.64146304.61742005.68446769.12144240.15845606.34444457.736

    Exports--------00000000

    Net Imports39,33940,41441,64547,19053,30855,30952,90152,42148,29147,99546,30542,00646,76944,24045,60644,458-

    Stock Change- 768- 14967- 236- 273- 307- 298234-647.674355.209-158.882738.753466.527484.743-830.844-226.686

    Net Crude Supply38,60440,30341,75946,99653,07555,03252,62452,67147,65948,36446,15942,75547,24644,73444,78444,2398

    Import Dependency100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%0%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production24627634330629821615711911210497757567606060

    Imports289,929297,850306,927347,791392,877407,630389,879386,343355,906353,721341,265309,582344,688326,050336,119327,654-

    Exports-----------------

    Net Imports289,929297,850306,927347,791392,877407,630389,879386,343355,906353,721341,265309,582344,688326,050336,119327,654-

    Stock Change- 5,661- 1,096492- 1,738- 2,014- 2,260- 2,1931,723- 4,7732,618- 1,1715,4453,4383,573- 6,123- 1,671-

    Net Crude Supply284,514297,029307,762346,359391,162405,586387,843388,186351,244356,443340,191315,101348,201329,690330,055326,04360

    Refinery Supply ('000 BBl)

    Refinery Production283,349301,311312,674355,279395,923417,494405,082401,437373,665388,857360,893328,669363,529349234.93616343722.92103346721.373190

    Import68,00981,02778,59378,13982,74675,18895,931131,477131,401126,627152,198131,629119,667145967.46572162115.38732160254.500770

    Export- 17,528- 34,069- 47,934- 77,509- 103,798- 120,531- 116,153- 138,421- 135,573- 148,138- 123,733- 103,397- 126,738-133005.31418-131896.4219-128014.337760

    Net Import50,48146,95830,659630- 21,051- 45,343- 20,221- 6,944- 4,172- 21,51028,46528,232- 7,07112962.1515430218.9654232240.163010

    Others (SC & Intl AVGas/Marine)- 45,069- 30,969- 28,999- 29,550- 36,080- 32,279- 41,120- 31,105- 21,678- 23,970- 28,088- 24,192- 28,314-20221.77179-28440.68201-25798.962890

    Total Supply288,760317,300314,334326,359338,792339,872343,741363,387347,814343,377361,270332,710328,145341975.31591345501.20444353162.573310

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production0.670.760.940.840.820.590.430.330.310.290.270.200.200.180.160.160.16

    Net Import9339459259551,0199931,0131,0399649101,0139269259291,004986-

    Stock Change- 139- 88- 78- 86- 104- 95- 119- 81- 72- 58- 80- 51- 68- 46- 95- 75-

    Total Supply7948588488709158998959598918529338748578839099110

    Import Dependency100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%0%

    US based on comments

    '000bbl/d

    Production

    Net Import

    Import Dependency

    Vietnam

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production5,3815,5346,5208,0217,7899,25410,39510,83711,85612,03212,55111,55712,50012,42811762.72712532.25113037.535

    Imports31,67933,44036,68639,06943,92641,67941,76040,20540,88141,98442,74341,80045,06045,04841879.05944889.582

    Exports- 442- 1,715- 2,708- 3,054- 2,852- 3,303- 3,347- 2,620- 2,409- 2,159- 1,485- 1,651- 2,191- 1,371-336.856-39.333

    Net Imports31,23831,72433,97836,01541,07438,37638,41337,58538,47139,82541,25940,14942,86943,67741,54244,850-

    Stock Change6567311,6501,9271,3281,4281,3321,531- 117495- 231,1932304,1964267.1784883.402

    Net Crude Supply37,27437,98942,14845,96450,19249,05950,14049,95350,21052,35253,78752,89955,59960,30157,57262,26613,038

    Import Dependency86%85%85%83%84%81%79%78%76%77%77%78%78%79%80%80%0%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production39,65940,78548,05459,11557,40568,20576,61279,86887,37588,67692,50485,17592,12591,59786,69192,36396,087

    Imports233,477246,450270,376287,940323,738307,177307,772296,310301,290309,422315,019308,069332,092332,003308,649330,836-

    Exports- 3,256- 12,642- 19,958- 22,507- 21,021- 24,343- 24,670- 19,311- 17,757- 15,914- 10,941- 12,168- 16,145- 10,101- 2,483- 290-

    Net Imports230,221233,807250,418265,433302,717282,834283,101276,999283,532293,508304,077295,901315,948321,902306,166330,546-

    Stock Change4,8325,38712,16014,2049,78910,5259,81911,283- 8623,650- 1718,7931,69530,92131,44935,991-

    Net Crude Supply274,712279,979310,633338,752369,912361,564369,533368,150370,045385,833396,410389,869409,767444,420424,306458,90096,087

    Refinery Supply ('000 BBl)

    Refinery Production320,735333,157360,799389,602426,225421,438441,634441,443447,581472,795489,667502,897536,472559622.25172541517.27758577524.925730

    Import8,3613,0556,3536,42611,00113,8059,5805,9338,74913,62123,00722,26928,40450976.1059468153.4966656216.165370

    Export- 39,896- 45,973- 45,199- 40,838- 45,990- 47,360- 55,006- 50,068- 72,502- 83,313- 82,937- 72,425- 87,961-96022.86575-90860.40811-105879.43980

    Net Import- 31,535- 42,918- 38,846- 34,412- 34,988- 33,555- 45,426- 44,135- 63,753- 69,692- 59,929- 50,155- 59,556-45046.75981-22706.91145-49663.274430

    Others (SC & Intl AVGas/Marine)- 32,874- 33,093- 31,465- 35,901- 40,647- 41,757- 42,334- 45,550- 40,992- 37,460- 36,722- 31,615- 32,090-37991.865-41512.77214-59813.48260

    Total Supply256,327257,146290,488319,289350,589346,126353,875351,758342,836365,644393,016421,126444,826476583.62691477297.59399468048.16870

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production108.66111.74131.66161.96157.27186.86209.90218.82239.38242.95253.44233.36252.40250.95237.51253.05263.25

    Net Import544523580633734683651638602613669673702759777770-

    Stock Change- 77- 76- 53- 59- 85- 86- 89- 94- 115- 93- 101- 63- 83- 19- 28- 65-

    Total Supply576559658735806784772763727764821844872990987957263

    Import Dependency81%80%80%78%80%76%73%71%67%68%69%72%71%75%76%74%0%

    Source: IEA 2014

    Figure 18.9 Total Oil Supply (Crude and Petroleum)

    Import Dependency

    Vietnam

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production297,513295,671292,824289,518276,931263,918260,030258,102252,986273,202279,225288,542330,942379,906443927.42473966.275447982.504

    Imports496,344508,378497,017530,247555,521553,935553,296549,154537,106492,283501,256483,811447,563400,004376142.306379721.665407374.534

    Exports- 2,636- 1,061- 473- 652- 1,403- 1,714- 1,293- 1,437- 1,502- 2,232- 2,122- 2,395- 3,448- 6,837-17905.557-23267.815-26079.672

    Net Imports493,709507,317496,543529,595554,118552,221552,004547,716535,603490,052499,133481,416444,115393,167358,237356,454381,295

    Stock Change3,354- 3,769- 3,191- 4,958- 6,422- 4,8211,366609- 3,425- 3,520- 6994,514- 3,761799-3245.732-11499.784-4226.793

    Net Crude Supply794,575799,218786,177814,156824,626811,318813,400806,427785,165759,734777,659774,472771,296773,872798,918818,920825,051

    Import Dependency63%63%63%64%66%67%68%68%68%64%64%63%57%51%44%42%46%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production2,192,6702,179,0922,158,1122,133,7512,040,9831,945,0771,916,4211,902,2111,824,6961,952,4462,001,1132,059,7562,371,0102,799,9073,271,7453,493,1313,301,631

    Imports3,658,0583,746,7443,663,0123,907,9214,094,1884,082,5024,077,7944,047,2623,570,5533,290,8333,362,6003,259,7043,113,4342,948,0332,772,1692,798,5493,002,350

    Exports- 19,426- 7,821- 3,488- 4,805- 10,341- 12,634- 9,527- 10,593- 11,073- 16,449- 15,642- 17,652- 25,412- 50,390- 131,964- 171,484- 192,207

    Net Imports3,638,6323,738,9233,659,5243,903,1164,083,8474,069,8694,068,2674,036,6703,559,4803,274,3853,346,9593,242,0523,088,0222,897,6432,640,2052,627,0652,810,143

    Stock Change24,718- 27,781- 23,514- 36,538- 47,333- 35,52910,0694,489- 25,239- 25,942- 5,15133,267- 27,7205,887- 23,921- 84,753- 31,151

    Net Crude Supply5,856,0205,890,2355,794,1226,000,3296,077,4965,979,4165,994,7565,943,3695,384,1765,226,8305,348,0715,301,8085,459,0315,703,4365,888,0296,035,4436,080,623

    14,751.1714,320.0814,652.2514,525.5014,956.25

    Refinery Supply ('000 BBl)

    Refinery Production7,373,2497,372,6987,282,2307,353,9207,551,7467,405,9937,426,9797,413,9947,219,9366,975,0217,266,4357,405,0147,130,9967310827.089077458680.370887809054.59870

    Import588,594636,977605,503667,327771,048919,869887,056851,495732,584643,351654,373600,331530,891516742.47325498218.54565611491.923510

    Export- 300,835- 298,604- 301,836- 317,647- 327,875- 357,360- 401,644- 444,233- 590,597- 635,866- 739,905- 918,257- 962,972-993706.3182-1010207.04688-1360759.441480

    Net Import287,759338,373303,667349,679443,172562,509485,412407,262141,9877,485- 85,532- 317,926- 432,081-476963.84495-511988.50123-749267.517970

    Others (SC & Intl AVGas/Marine)- 338,648- 366,277- 272,210- 287,480- 346,452- 349,484- 413,485- 362,525- 374,655- 365,730- 346,543- 339,504- 207,076-277479.87405-289367.58494-333960.641080

    Total Supply7,322,3607,344,7947,313,6877,416,1197,648,4667,619,0197,498,9067,458,7306,987,2686,616,7776,834,3606,747,5856,491,8396556383.370076657324.284716725826.439650

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production6,007.315,970.125,912.645,845.895,591.735,328.985,250.475,211.544,999.175,349.175,482.505,643.176,495.927,670.988,963.699,570.229,045.56

    Net Import10,75711,17110,85811,65112,40312,69112,47612,17511,1129,6679,4418,4507,3937,3947,3957,3967,397

    Stock Change- 860- 1,080- 810- 888- 1,079- 1,055- 1,105- 981- 1,096- 1,073- 964- 839- 643- 744- 858- 1,147- 85

    Total Supply15,90416,06115,96016,61016,91616,96616,62116,40615,01513,94313,96013,25413,24614,32115,50015,81916,357

    Import Dependency62%63%63%65%67%69%68%68%67%62%61%57%51%46%42%40%45%

    11,1129,6729,4408,4478,160-7.4%

    Source: IEA 2014

    Figure 19.9 Total Oil Supply (Crude and Petroleum)

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    Ktoe20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production16,56417,03316,89916,89720,41219,05617,30616,49915,52217,04115,77315,93717,49217,49115842.25617039.43415494.097

    Imports--------------00

    Exports- 15,701- 17,033- 16,899- 16,897- 19,852- 18,291- 16,738- 15,333- 14,000- 13,614- 8,217- 8,522- 9,628- 8,695-9473.592-9659.887

    Net Imports- 15,701- 17,033- 16,899- 16,897- 19,852- 18,291- 16,738- 15,333- 14,000- 13,614- 8,217- 8,522- 9,628- 8,695- 9,474- 9,660-

    Stock Change- 863---- 560- 562- 364- 874- 1,173- 1,069- 773- 1,005- 1,338- 1,54400

    Net Crude Supply- 0---02042042913492,3596,7836,4106,5267,2526,3697,38015,494

    Import Dependency0%0%0%0%0%-9259%-8400%-5567%-4345%-622%-133%-149%-168%-141%-149%-131%0%

    ('000 BBl)20002001200220032004200520062007200820092010201120122013201420152016

    Crude Production122,077125,536124,545124,530150,437140,444127,546121,597114,394125,596116,247117,455128,919128,912116,757125,581114,191

    Imports-----------------

    Exports- 115,715- 125,536- 124,545- 124,530- 146,311- 134,801- 123,360- 113,006- 103,177- 100,334- 60,562- 62,805- 70,961- 64,081- 69,820- 71,193-

    Net Imports- 115,715- 125,536- 124,545- 124,530- 146,311- 134,801- 123,360- 113,006- 103,177- 100,334- 60,562- 62,805- 70,961- 64,081- 69,820- 71,193-

    Stock Change- 6,362---- 4,126- 4,142- 2,686- 6,445- 8,643- 7,878- 5,695- 7,405- 9,859- 11,382---

    Net Crude Supply- 0---01,5011,5012,1462,57317,38449,99147,24548,10053,44946,93754,387114,191

    Refinery Supply ('000 BBl)

    Refinery Production3,5154,3695,5555,1365,6765,2265,2214,1793,83616,34351,69348,22049,51758698.6309751260.031158052.163930

    Import66,46569,56976,63082,20191,74498,47398,091114,849115,258115,74395,685104,15292,08083466.0904297147.65247105011.399710

    Export- 8,225- 5,958- 4,844- 4,191- 939- 4,994- 6,492- 7,156- 7,821- 13,618- 11,517- 16,509- 13,066-10046.31511-8794.94042-9549.335980

    Net Import58,24063,61171,78678,01090,80593,47891,599107,692107,437102,12484,16887,64379,01473419.7753188352.7120595462.063730

    Others (SC & Intl AVGas/Marine)- 1,743- 2,213- 2,513- 2,685- 4,066- 4,129- 4,336- 4,675- 5,3033,3904,699- 5,714- 5,604-6835.89884-6686.5123-8716.597180

    Total Supply60,01265,76674,82880,46292,41694,57692,484107,197105,970121,857140,561130,149122,927125282.50744132926.23085144797.630480

    Total Supply (Crude and Refinery)

    ('000 BBl/d)

    20002001200220032004200520062007200820092010201120122013201420152016

    Production334.46343.93341.22341.18412.16384.78349.44333.14313.41344.10318.49321.80353.20353.18319.88344.06312.85

    Net Import- 157- 170- 145- 127- 152- 113- 87- 15125656822265166-

    Stock Change- 22- 6- 7- 7- 22- 23- 19- 30- 38- 12- 3- 36- 42- 50- 18- 24-

    Total Supply155168190206238249243288287337380354333329352387313

    Import Dependency-116%-104%-80%-65%-73%-55%-44%-16%-9%-2%16%9%-6%-7%9%11%0%

    Source: EIA

    Figure 20.9. Total Oil Supply (Crude and Petroleum)

    '000bbl/d

    Import Dependency

    Production

    Net Import

    Import Dependency

    Source: IEA 2014

    Figure 21.8 Total Oil Supply (Crude and Petroleum)

  • 17

    Thank You for Your Attentionhttp://aperc.ieej.or.jp/

  • 18

    Keystone XL, Trans Mountain and Enbridge Line-3 Pipelines are designed to carry oil sands from Canadian sites into US refineries.

    Impact of US-Canada Pipelines

    Trade between US-Canada will be more condensed resulting in US relying less on petroleum imports through other channels.

    US-Canada Pipelines will create jobs and benefits to both economies but project justifications are based on environmental and foreign policy implications.

  • 19

    China strengthens its energy security by diversifying its oil import routes to include crude oil from Central Asia.

    2,798 km China-Central Asia pipeline is also bridging Central Asia to the rest of APEC.

    Impact of China-Central Asia Oil Pipeline Installation

  • 20

    APEC Import Dependence

    60%

    98%

    60%

    100%

    43%

    100%

    100%

    70%

    37%

    96%

    57%

    100%

    100%

    74%

    40%

    11%

    23%

    0% 20% 40% 60% 80% 100%Import Dependency %

    APEC Import Dependency (base year: 2015) [Exporting economies include Brunei(-1,269%), Cnada(-