BMI Research: Japan Oil & Gas Report: Oil And Gas Outlook: Long-Term Forecasts.

The article presents a forecast for oil and gas industry in the Asia Pacific region through 2020. It expects that Japan's oil consumption will decline by 1.80% by the end of the forecast period, with a 2.39% reversal forecast for South Korean consumption. It forecasts 11.87% reduction in oil production by the region in 2015-2020, and growth in oil refining capacity is estimated at 4.26% in the same period. It estimates that the region's gas demand growth will increase to 28.39%.