LONG-TERM OUTLOOK AND STRATEGIC ISSUES FOR OIL SUPPLY-DEMAND IN ASIA

摘要

This paper focuses on problems in the supply and demand for oil affecting Asia and discusses the long-term outlook and strategic issues. Attention also will be given to factors surrounding natural gas. Seven items will be addressed: (1) energy and oil supply-demand in Asia and increasing dependence on Middle East supply; (2) recent volatile price fluctuations and long-term prospects for crude oil prices; (3) Asian premiums in energy prices; (4) oil price formation in Asia and the development of oil markets; (5) measures to answer environmental problems and qualities for transport fuels; (6) energy supply security in Asia and development of supply infrastructure; and strategic issues in Asia and international cooperation.