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U.S. Department of Energy
Office of Scientific and Technical Information

Changing structure of the world refining industry: implications for the United States and other major consuming regions

Technical Report ·
OSTI ID:5828689

There are five chapters in this publication. Chapter I on refining industry in transition covers refining history highlights, and OPEC's downstream operations. Chapter II on demand for oil and oil products discusses supply and demand for OPEC oil, demand for oil products, historical growth trends, future growth trends and the case of East Asia - emergence of a fuel oil glut. Chapter III on the US and other traditional refining centers begins with an introduction on the structure of refining and continues on to cover the refining industry in OECD countries, USA, Western Europe, Japan, Singapore and Caribbean and closes with some conclusions. Chapter IV is on refining expansions in OPEC and the third World Nations. The following are covered: (1) nations of the Gulf (Saudi Arabia, Kuwait, Iran, Iraq, Bahrain, Qatar, Oman, United Arab Emirates); (2) OPEC members beyond the Gulf (Indonesia, Africa, Libya, Algeria, Nigeria and Gabon, South America, Venezuela); (3) other major exporters (China, Egypt, Malaysia, Mexico); (4) non-OPEC developing countries - trends in the refining sector. The chapter ends with a short summary on capacity prospects and comparative economics. The final chapter has conclusions and recommendations on: price interactions between crude and products; product exports - impact on OPEC's internal; prices and market influence; importers and exporters - decisions; and course of action of the United States. 18 figures, 40 tables.

Research Organization:
Resource Systems Inst., Honolulu, HI (USA)
DOE Contract Number:
FG01-82PE70040
OSTI ID:
5828689
Report Number(s):
DOE/PE/70040-1; ON: DE85010321
Country of Publication:
United States
Language:
English