First, an increasing share of Asia’s oil and liquefied natural gas (LNG) supplies sill have to transit the Indian Ocean, Malacca Strait, and the South China Sea to bring petroleum from the Middle East and Africa. The IEA forecasts thai Asia’s oil imports passing through the Malacca Strait could double over the next two decades from today’s 11million barrels per day (mmbd) to 22 mmdb.