WATCHING THE WORLD F.S.U. DECLINE MASKS EAST ASIAN BOOM

With David Knott from London World primary energy consumption grew by a scant 0.2% in 1992 to 57.1 billion bbl oil equivalent. Oil was the fastest growing fuel with demand up only 0.5% at 22.9 billion bbl, British Petroleum Co. plc reports. A flat year for the oil industry in 1992, you might think. Not so, says Peter Davies, BP's chief economist. The global figures hide strong growth in one region and rapid decay in other, which cancel each other. Southeast Asia, Latin America, Africa,

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Home