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The World’s New Oil Map has Formed Gradually
Posted: 09/23/2014 16:08:20  Hits: 507
A report of China Oil Economy Technology Institute released on the 18th of September pointed out that as the oil sands, pre-salt oil and shale oil and gas resources have become the "new favorite" of energy, there has been a transfer trend of global energy landscape axis from the Middle East to the Western Hemisphere. Then, world’s new oil map gradually forms.
 
The Foreign Petroleum Technology Development Report (2013) pointed out that Canada's oil sands, American shale oil and gas, and Brazil's deep-water "pre-salt oil” is rich in resources. Due to the progress of science and technology in recent years, those resources have got fast development and become the "new favorite" of energy.
 
With the development of oil sands, Canada has exceeded the Gulf States and becomes the main source of oil imports. The shale oil and gas development of American makes the shale oil and gas become a "game changer" in international energy industry. In 2020, America's energy self-sufficiency rate is expected to top 85%. With the progress of "pre-salt oil" exploration technology, Brazil has found multiple offshore and major oil and gas field in recent years. By 2020, oil daily production in Brazil will reach 55% of Saudi Arabia.
 
In the past more than half a century, the Middle East has been located in the center of the world's oil landscape, affecting the global geopolitical layout. The report said that in the light of the current situation of exploration and development, the western hemisphere was regarded Canada, the United States and Brazil as the supporting point, which would occupy a pivotal position in the future energy map.
 
Since 2000, rising oil prices create conditions for the large-scale development of unconventional oil resources. The world's biggest energy companies are devoted to greater effort in investment in the field of unconventional oil and gas. According to statistics, unconventional oil and gas resources such as oil sands and shale oil and gas, liquefied natural gas (LNG), and the deep sea oil and gas accounts for 50% of the future value of energy giants.
 
The World’s New Oil Map has Formed Gradually


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