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来源类型 | Papers |
规范类型 | 报告 |
DOI | https://doi.org/10.26889/9781784670962 |
Gasoline Demand in Non-OECD Asia: Drivers and Constraints | |
Anupama Sen; Michal Meidan; Miswin Mahesh | |
发表日期 | 2017-11-27 |
出版年 | 2017 |
页码 | 3 |
语种 | 英语 |
概述 | Global oil demand is undergoing a structural shift. This is broadly reflected in changing demand dynamics over the last 15 years. While OECD demand decreased by 3 million barrels per day (mb/d) from 2000-15, demand in non-OECD countries grew by 21 mb/d (IEA, 2015). This shift is characterised by two developments: first, the rapid growth […] |
摘要 | Global oil demand is undergoing a structural shift. This is broadly reflected in changing demand dynamics over the last 15 years. While OECD demand decreased by 3 million barrels per day (mb/d) from 2000-15, demand in non-OECD countries grew by 21 mb/d (IEA, 2015). This shift is characterised by two developments: first, the rapid growth in China’s oil consumption from 2000-13, and second, the subsequent ‘jump’ in India’s oil demand growth – which overtook China’s in 2015 to emerge as the main engine of non-OECD Asian oil demand growth. As the emerging market economies of non-OECD Asia continue to industrialise, rising per capita incomes are likely to further underpin this structural shift. The shift is particularly visible in gasoline demand – driven primarily by transport – which has defied expectations in terms of the sources of demand growth. Contrary to those expectations, the centre of growth has shifted from West of Suez markets to non-OECD Asia, which had previously been dominated by distillates. Average gasoline demand growth in Asia has nearly doubled from 130 kb/d a year from 2005-10, to 290 kb/d from 2011 onwards. At the same time, climate change mitigation and growing concerns over air quality imply that Asia’s economic growth will occur in a carbon-constrained world, and non-OECD Asia may not follow the trajectories of the OECD countries. Given this context, this paper investigates two research questions: first, what are the key drivers of gasoline demand growth in non-OECD Asia, based on historical trends? And second, what are the constraints to gasoline demand growth in this region? The first question is investigated using statistical analyses on a panel dataset of 19 countries in the Asia-Pacific region, of which over half are non-OECD countries. The second question, driven by regional policies, is investigated by looking in depth at the cases of India and China. The paper gives a broad insight into the drivers and constraints on Asian gasoline demand, focusing on the transport sector as a key variable. |
主题 | Country and Regional Studies ; Energy Economics ; Energy Policy ; Energy Security ; Oil ; Oil & Middle East Programme |
关键词 | Asia China electric vehicles Environment India Oil Transport WPM 74 WPM74 |
URL | https://www.oxfordenergy.org/publications/gasoline-demand-non-oecd-asia-drivers-constraints/ |
来源智库 | Oxford Institute for Energy Studies (United Kingdom) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/312512 |
推荐引用方式 GB/T 7714 | Anupama Sen,Michal Meidan,Miswin Mahesh. Gasoline Demand in Non-OECD Asia: Drivers and Constraints. 2017. |
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 | ||
Gasoline-Demand-in-N(2521KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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