PRINT THIS PAGE Energy, utilities & mining - a regional outlook27/07/2005. Source: PricewaterhouseCoopers.
In line with global trends, many of the major Asian regional players have indicated their preferences to expand into the contiguous areas and markets, primarily though mergers and acquisitions, says PricewaterhouseCoopers in their Asia-Pacific M&A Bulletin. The Asia-Pacific region represents approximately 25% of the world's oil and gas consumption and had 54% of the world's population. The region contributed approximately 10.2% and 11.9% to global gas and oil production respectively. It also accounts for 4.2% of proven global oil reserves and 7.7% of proven gas reserves.
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