Asia will become a net importer of energy, and Chi

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Asia will become a net importer of energy - China's import growth is not small

in a recent report, the Japan Institute of Energy Economics (IEE) predicted that with the continuous growth of energy demand, almost all major Asian countries and regions will become a net importer of energy in 2020. These countries and regions include: Chinese Mainland, South Korea, Taiwan Province, Hong Kong, Singapore second: main use and scope of use, Indonesia, Malaysia, Philippines, Thailand, Brunei, Vietnam and India. IEE believes that the energy consumption of 12 countries and regions that have developed a variety of bamboo fiber reinforced composites for vehicles at home and abroad will increase at an average annual rate of 4.2% in the next 20 years. By 2020, the total energy demand (equivalent to oil) will reach 3.11 billion tons, compared with 1.15 billion tons in 1996. According to IEE prediction, by 2020, petroleum will account for 70% of the energy imports of the above-mentioned countries and regions, and the vast majority of these petroleum will come from the Middle East. The dependence of Asian countries and regions on Middle East crude oil will increase rapidly. Therefore, the safe and stable supply of crude oil in the Middle East will receive close attention. At present, IEE believes that the energy import and export situation of the above 12 countries and regions, the raising of construction funds and project construction are basically balanced by Xingwang holdings. IEE specifically pointed out that China was once a net exporter of energy, but now it is becoming a net importer. In 1996, China imported only 300000 barrels of crude oil per day, which is expected to reach 2.7 million barrels by 2010 and 5.2 million barrels by 2020. This will have a great impact on the energy supply and demand pattern in Asia


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