Research Article

Improving Oil Supply Security: Using a Risk Optimization Model to China and India

Table 2

The crude imports’ forecasts until 2040 by country (units: thousands of tons).

China
RankCountry20302040RankCountry20302040

1Saudi Arabia6200631911UK23572242
2Russia5289507712Malaysia16931413
3Iraq3556379213Congo500500
4Angola1897185014Venezuela16642211
5Brazil3722400915Lybia17442046
6Oman1894180116Gabon500500
7Kuwait3476352017US1055710288
8UAE4417461618Ghana796700
9Iran3566376719South Sudan840698
10Columbia1445114520Kazakhstan27642857

India
RankCountry20302040RankCountry20302040

1Iraq1484143511Malaysia5991961
2Saudi Arabia2804280412Russia2269997
3UAE1834509813Kazakhstan1057665
4Nigeria838145114Algeria722411
5Venezuela662125015Egypt4991284
6Kuwait1416175316Qatar12581553
7Mexico116980917Brazil1569623
8US586881818Oman724209
9Iran148464119Turkey242177
10Angola725260420Guinea1931304