Eastern Europe witnessed the fastest growth in oil product consumption from 2004-2006 with a CAGR of 5.3% compared to 0.3% across all 21 countries analyzed in this report.
Europe’s downstream industry is experiencing changes in fuel consumption patterns. Demand for middle distillates is growing faster than any other major refined product. In addition, in Western Europe there has been a strong push for diesel-fueled passenger vehicles driven by fuel prices and taxes. This has also led to gasoline demand in Western Europe falling for the last seven years, producing surpluses of gasoline and blended stocks. In recent years, poor returns have made it unprofitable to invest in upgrading refineries to process different crude oils, which will be necessary as North Sea production declines.
The European Oil Refining Market Outlook analyzes the current dynamics of the European Refining Sector with a particular focus on the 21 major European countries. This new report details the key trends, analyzes the upgrading capacities of each of the respective countries and examines key issues confronting the industry.
Assess the European oil refining market, anticipate future market trends and create successful product strategies with this report.
This new report will enable you to:
- Benchmark refining markets across 21 major European countries using the net crude capacity, upgrading ratios and petroleum product demand analysis contained in this report.
- Identify and target future petroleum product growth areas by country with this report’s examination of how existing supply structures need to be readjusted to match changing demand patterns.
- Discover the technologies that will have an impact on European demand for middle distillates including the technological initiatives (such as GTL and biofuels) taken by the European refiners to meet the changing product slate.
- Understand the key trends affecting the European downstream industry including major petroleum product prices and their correlation with crude oil prices (Brent-Europe) between 2000 to 2006 with analysis included in this report.
Some key questions answered by this report:
- Where is the European refining market heading?
- Which petroleum product has the highest demand growth rate?
- What are the current trends within the major European countries?
- Which European countries offer the best opportunities for petroleum refining and marketing?
- What is the historical price trend for major petroleum products?
- What are the upgrading ratios for European refineries in 2006?
View Table of ContentsPages: 153
Publication Date: January 2008
Publisher: Business Insights
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