Factbox: Asia region is most dependent on Middle East crude oil, LNG suppliesAsian refiners prefer to process Middle East crude grades as they are generally cheaper than oil from other regions due to relatively higher sulphur levels. Here’s a breakdown of Middle East crude oil and liquefied natural gas (LNG) imports for each major Asian importing country.
News story posted on 2020-01-08T13:32:00.0000000Z
Factbox: Asia region is most dependent on Middle East crude oil, LNG supplies
