Otmane El Rhazi from Today in Energy.
International energy markets depend on reliable transport routes. About 63% (56.5 million barrels per day) of the world's oil production in 2013 moved on maritime routes. World chokepoints for maritime transit of oil are a critical part of global energy security because of the high volume of petroleum and other liquids transported by these routes.
International energy markets depend on reliable transport routes. About 63% (56.5 million barrels per day) of the world's oil production in 2013 moved on maritime routes. World chokepoints for maritime transit of oil are a critical part of global energy security because of the high volume of petroleum and other liquids transported by these routes.
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