Refining in the Far East: Its Potential and Constraints
Hoesung Lee and
Dennis Eklof
The Energy Journal, 1994, vol. Volume 15, issue Special Issue, pages 193-216
Abstract:
This paper explores the outlook for oil product demand growth in the Far East, and the implications for future refinery capacity requirements. These requirements are compared to the industries announced expansion plans to evaluate potential future market positions. The potential for increased supplies from other geographic regions, mainly Middle East, is also explored. Finally, estimates of the required capital investments are discussed.