| 来源类型 | Energy Comments |
| 规范类型 | 评论 |
| Refining Dynamics in the GCC and Implications for Trade Flows | |
| Bassam Fattouh; Richard Mallinson | |
| 发表日期 | 2013-12-16 |
| 出版年 | 2013 |
| 页码 | 8 |
| 语种 | 英语 |
| 概述 | This comment analyses the recent refining dynamics in the GCC and their implications on local and global petroleum products markets and trade flows. The authors argue that the recent expansion plans in the GCC will have important implications on global petroleum products trade flows, constituting an additional source of competition for Asian and European refineries […] |
| 摘要 | This comment analyses the recent refining dynamics in the GCC and their implications on local and global petroleum products markets and trade flows. The authors argue that the recent expansion plans in the GCC will have important implications on global petroleum products trade flows, constituting an additional source of competition for Asian and European refineries that could weigh down on refining margins, especially in Europe. While this represents a challenge for GCC refineries, it can also open up new opportunities for regional NOCs to build their trading capability in products markets and diversify their export base by increasing the export share of petroleum products and opening new markets. However, in the medium to long-term, the refining sector in the GCC will continue to be shaped by local dynamics, particularly by the ability of some of the countries to expand and upgrade their refining capacity and, more importantly, by the evolution of domestic demand. In the absence of any serious energy pricing reform that could rationalize the growth in demand for refined products, the race between expanding refining capacity, satisfying rising demand, and maintaining exports will continue; it is the outcome of this race which will ultimately determine the region’s position in global products markets in the next decade. |
| 主题 | Country and Regional Studies ; Oil ; Oil & Middle East Programme |
| 关键词 | Bassam Fattouh diesel exports domestic demand GCC refining |
| URL | https://www.oxfordenergy.org/publications/refining-dynamics-in-the-gcc-and-implications-for-trade-flows/ |
| 来源智库 | Oxford Institute for Energy Studies (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/312289 |
| 推荐引用方式 GB/T 7714 | Bassam Fattouh,Richard Mallinson. Refining Dynamics in the GCC and Implications for Trade Flows. 2013. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| Refining-Dynamics-in（1321KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
