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*We have seen small increases in natural gas liquids production and in biofuels, causing annual total liquids production to increase at about 0.5%/year from 2005 to 2011 (EIA), however, the volume of Global Net Exports, which are measured in terms of total petroleum liquids, that are available to importers other than China & India fell from 40 mbpd in 2005 to 35 mbpd in 2011.
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