echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > International Chemical > Booming oil and gas development in Asia from 2018 to 2025 130 new projects will be put into operation

    Booming oil and gas development in Asia from 2018 to 2025 130 new projects will be put into operation

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Between 2018 and 2025, 130 new crude oil and gas projects are scheduled to come on stream
    in Asia.

    Booming oil and gas development in Asia from 2018 to 2025 130 new projects will be put into operation

    According to analyst firm GlobalData, these oil and gas projects will contribute 518,000 barrels per day to global oil production and about 11.
    5 billion cubic feet
    per day to global natural gas production.

    Some 76 oil and gas projects are still in the early stages of planning, and 54 projects have clear development plans
    .

    76 and 44 new conventional oil and gas projects were added, respectively, as well as 5 coalbed methane projects, 3 heavy oil projects and 2 unconventional natural gas projects
    .

    India is expected to lead the Asian market growth with a total of 62 new projects, followed by China with 20 and Indonesia with 19.

    Malaysia is likely to boost natural gas production in Asia, which is expected to reach 3.
    8 billion cubic feet by 2025, while China will contribute the most in oil and condensate production, with an estimated deployment of 195,000 bpd of capacity
    .

    Between 2018 and 2025, 130 new crude oil and gas projects are scheduled to come on stream
    in Asia.

    Booming oil and gas development in Asia from 2018 to 2025 130 new projects will be put into operation

    Booming oil and gas development in Asia from 2018 to 2025 130 new projects will be put into operation

    According to analyst firm GlobalData, these oil and gas projects will contribute 518,000 barrels per day to global oil production and about 11.
    5 billion cubic feet
    per day to global natural gas production.

    Hydrocarbon

    Some 76 oil and gas projects are still in the early stages of planning, and 54 projects have clear development plans
    .

    76 and 44 new conventional oil and gas projects were added, respectively, as well as 5 coalbed methane projects, 3 heavy oil projects and 2 unconventional natural gas projects
    .

    India is expected to lead the Asian market growth with a total of 62 new projects, followed by China with 20 and Indonesia with 19.

    Malaysia is likely to boost natural gas production in Asia, which is expected to reach 3.
    8 billion cubic feet by 2025, while China will contribute the most in oil and condensate production, with an estimated deployment of 195,000 bpd of capacity
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.