Asia Refining Sector Upbeat - Apart From China

June 2006 | Company News Alert

Asian refining margins should find sustained support over the next few years thanks to strong demand growth. However, capacity expansion will be significant, especially towards the end of the decade, which runs the risk of undermining refinery profitability Thanks to the economic growth of China and India, Asia is highly significant in terms of refined oil product consumption. The bulk of growth will come from transport fuels usage, with naphtha use also rising fast in order to supply growing petrochemical production capacity in the

If you would like to subscribe to Asia Pacific Oil and Gas Insight and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Asia Pacific Oil and Gas Insight please click on the trial link below.