SINGAPORE: Oil demand from Asia hit a peak of 21.6 million barrels a day (bpd) last year and the region's dependence on oil imports reached a record high at 64%, Hawaii-based FACTS Inc said in a report.
The consultants forecast that Asia's dependence would reach 69% by 2010 based on a demand projection of 25.2 million barrels per day, as regional production of crude stays flat but demand continues to grow.
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