Can Recent Discoveries in Asia Pacific Halt Declining Production?

Thanks to the rapid growth of China and India, the Asia Pacific region is highly significant in terms of oil and gas consumption, has a rapidly expanding refining and petrochemicals system and is a key importer of liquefied natural gas (LNG). The region features a number of important oil and gas producers, but volumes are under increasing pressure, resulting in rising imports. A series of noteworthy discoveries in the region this year, however, in particular in Indonesia and Malaysia, may hold out potential for slowing or even reversing declining oil output levels in the

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