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Asia Pacific Crude and Condensate Imports


Asia-Pacific crude and condensate imports are projected to grow in the long- term with an increasing share of imports from the Middle East. Asia-Pacific will remain the most important region in terms of crude and condensate imports in the long-term. The overall import volumes are expected to increase from around 23.5 mb/d in 2019 (22 mb/d in 2020) to almost 30 mb/d by 2045. The Middle East remains the main supplier to the Asia-Pacific, with flows increasing to above 19.5 mb/d by 2045, which is around 4.8 mb/d higher relative to levels seen in 2019.

Asia-Pacific crude and condensate imports are projected to grow in the long- term with an increasing share of imports from the Middle East.

Asia-Pacific will remain the most important region in terms of crude and condensate imports in the long-term. 
The overall import volumes are expected to increase from around 23.5 mb/d in 2019 (22 mb/d in 2020) to almost 30 mb/d by 2045. The Middle East remains the main supplier to the Asia-Pacific, with flows increasing to above 19.5 mb/d by 2045, which is around 4.8 mb/d higher relative to levels seen in 2019.

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