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

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  • Jean-Pierre Favennec

    (IFPEN - IFP Energies nouvelles)

  • Denis Babusiaux

    (IFPEN - IFP Energies nouvelles)

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.

Suggested Citation

  • Jean-Pierre Favennec & Denis Babusiaux, 1993. "The refining industry in the arabian Gulf, Asia and Europe - Comparison et interdependance," Working Papers hal-02434424, HAL.
    • Handle: RePEc:hal:wpaper:hal-02434424
    Note: View the original document on HAL open archive server: https://ifp.hal.science/hal-02434424
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