The refining industry in the arabian Gulf, Asia and Europe - Comparison et interdependance

Jean-Pierre Favennec and Denis Babusiaux
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Jean-Pierre Favennec: IFPEN - IFP Energies nouvelles
Denis Babusiaux: IFPEN - IFP Energies nouvelles

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Abstract: Although the volume of petroleum products moved between the major refining and consuming regions is much less than that of crude oil, these movements play a key role in the supply demand balance of the various products. The Asia/Pacific region (South and Souh·East Asia and the Far East) is a significant importer whose dependence for oil products supplies on the Arabian/Iranian Gulf is growing. This paper reviews the current position on products movement and the growth in products demand, and highlights the strong interdependence between the Asia/Pacific and Gulf regions in terms of refining.

Date: 1993-10
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