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September 19, 2012

[SSJ: 7733] New Report on Oil and Gas for Asia

From: Tracy Timmons-Gray
Date: 2012/09/19

NBR just released the 2012 Energy Security Report, "Oil and Gas for Asia: Geopolitical Implications of Asia's Rising Demand." The full report is available for free download through November 20. Links to the report and a summary are below.
And for those in the DC area, the launch of the report is this Thursday and will feature remarks by Congressman Charles W. Boustany Jr., Under Secretary Robert D. Hormats, and Jane Harman (Woodrow Wilson
Center) as well as a panel discussion with energy experts. Information about the event and how to register are also below.

"Oil and Gas for Asia: Geopolitical Implications of Asia's Rising Demand" (NBR Special Report, September
2012)
By Philip Andrews-Speed, Mikkal E. Herberg, Tomoko Hosoe, John V. Mitchell, and Zha Daojiong
Link: http://m.nbr.org/Rkipju

ABOUT THE REPORT
Asia's rapid economic growth is driving an enormous rise in oil and natural gas consumption. According to the International Energy Agency (IEA), Asia will account for more than 85% of the increase in demand for oil over the next twenty years, and the region's major consumers - China, Japan, India, and South Korea - will all depend heavily on oil imports. Asia is also 70% of the worldwide market for liquefied natural gas (LNG), and strong demand, combined with oil-linked pricing, is driving gas prices higher in the region. How will these trends affect regional competition, global economic growth, and U.S. influence in energy geopolitics?
This year's Energy Security Report "Oil and Gas for Asia" examines how Asia's rising energy demand, coupled with angst over high prices and the reliability of future supplies, is shaping the strategic and economic agendas of the region's major powers.

Insights include:
- How historic shifts in demand for oil and gas supplies are affecting global markets
- How China views U.S.-led efforts to use oil sanctions to intensify pressure on Iran, its own relationship with Iran, and the road ahead for U.S.-China energy cooperation
- Whether state support for overseas expansion of national oil companies increases a country's energy security, and if it harms U.S. energy security
- How Japan's demand shock and the region's shifting sourcing for LNG supplies are reshaping Asian LNG markets
- What Asia's major powers and the United States can do to foster innovative, collaborative solutions
Link: http://m.nbr.org/Rkipju

RELATED EVENT
Oil and Gas for Asia - Sept. 20 - Washington, D.C.
NBR and the Woodrow Wilson Center will host "Oil and Gas for Asia," featuring remarks by Congressman Charles W. Boustany Jr., Under Secretary Robert D. Hormats, and Jane Harman (WWC). The event will launch NBR's annual Energy Security Report, and will include a panel with S. Chander (Asian Development Bank), Edward Chow (CSIS), Erica Downs (Brookings Institution), and Mikkal Herberg (NBR).

Learn more and register for this event.
http://m.nbr.org/QM6eBl

Tracy Timmons-Gray
The National Bureau of Asian Research (NBR)


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