Oil primary ASEAN energy to 2010<\/p>\n
SINGAPORE (Reuters): Oil will remain the main source of energy
\nfor Southeast Asia over the next decade, which is shaping up as a
\nperiod of surging demand in the region, a senior industry
\nofficial said on Tuesday.<\/p>\n
Guillermo Balce, Executive Director of the ASEAN Centre for
\nEnergy (ACE), told Reuters in an interview that the region would
\ncontinue to rely heavily on oil despite determined efforts by the
\nAssociation of Southeast Nations (ASEAN) to cut consumption.<\/p>\n
Among other energy sources, he predicted a surge in demand
\nover the decade for coal and renewable energy, with a more
\nmoderate rise in demand for natural gas.<\/p>\n
"Oil will continue to be the dominant fuel in ASEAN for the
\nnext 10 years," he said.<\/p>\n
"However, some industries will succeed in reducing their
\ndependency on oil by controlling their energy mix."<\/p>\n
ACE is an inter-governmental organization supported by ASEAN's
\n10 member countries - Brunei, Cambodia, Indonesia, Laos,
\nMalaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.<\/p>\n
Balce said energy demand from ASEAN, minus newer members
\nCambodia and Laos, would grow 58.81 percent for the next 10 years
\nto 581.37 million tonnes of oil equivalent (MTOE).<\/p>\n
Indonesia will continue to be the largest energy consumer,
\nwith demand forecast to grow 99.13 percent to 180.07 MTOE, but
\nBalce said Myanmar would post the highest percentage growth at
\n414.66 percent.<\/p>\n
Myanmar's energy demand during the next 10 years will surge to
\na projected 21.41 MTOE from the current 4.16 MTOE.<\/p>\n
Balce said demand projections for Cambodia and Laos were
\nunavailable because of insufficient data.<\/p>\n
For the next decade, oil would continue to maintain its
\nstranglehold on the region, with demand for the fossil fuel
\ngrowing 62.45 percent to 334.02 MTOE by 2010, he added.
\nBut the highest percentage growth would come from the import of
\nelectricity at 529.17 percent.<\/p>\n
Projected imports by Thailand from Laos will account for a
\nlarge part of the phenomenal growth in this category but this
\nwill only occur from 2005 to 2010 when new cross-border power
\ninterconnections become operational.<\/p>\n
Balce said these imports were forecast to surge to 1.51 MTOE
\nin 2010 from 0.24 MTOE in 2005.<\/p>\n
He said sharp rises in demand would also be seen for coal and
\nrenewable energy, at 96.81 percent and 88.37 percent
\nrespectively.<\/p>\n
Demand for coal was forecast at 79.53 MTOE in 2010 while
\ndemand for renewable energy would surge to 34.83 MTOE during this
\nperiod.<\/p>\n
Some industries, such as power, will have more success in
\ncontrolling their energy mix to reduce their dependence on oil
\nsince they could tap other fuel sources such as coal and natural
\ngas, Balce said.<\/p>\n
By 2010, the demand growth for coal would soar by 235.71
\npercent to 47 MTOE, compared to 14 MTOE this year. Natural gas
\ndemand would increase by a more moderate 34.78 percent to 31 MTOE
\nduring this period, Balce said.<\/p>\n
Demand for oil in the power generation industry will only see
\na 7.14 percent growth to 15 MTOE in the next 10 years, from 14
\nMTOE this year.<\/p>\n
"Some are worried that the rise in coal demand will pose
\nenvironmental problems but there are already technologies that
\nallow the clean use of coal," Balce said.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/oil-primary-asean-energy-to-2010-1447893297",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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