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Refining in the Far East: Its Potential and Constraints

Hoesung Lee and Dennis Eklof

Year: 1994
Volume: Volume 15
Number: Special Issue
DOI: 10.5547/ISSN0195-6574-EJ-Vol15-NoSI-11
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Abstract:
This paper explores the outlook for oil product demand growth in the Far East, and the implications for future refinery capacity requirements. These requirements are compared to the industries announced expansion plans to evaluate potential future market positions. The potential for increased supplies from other geographic regions, mainly Middle East, is also explored. Finally, estimates of the required capital investments are discussed.





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