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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

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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

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.

，

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