Insight
| |
0 Pages

Substitution of oil in Asia’s non-transport sector – How much more and how fast?


Substitution of oil in Asia’s non-transport sector – How much more and how fast?

Report summary

Diesel/gasoil demand in the non-transport sector remains above 3 Mb/d even out to 2025. In our view, diesel/gasoil faces the most risk of substitution, if infrastructure developments for power and natural gas networks take place faster than our forecast, primarily in China. This can have a material impact on Asia's diesel/gasoil balances. NOCs in China and India, which are building the most refining capacity in Asia, could face a situation of over-supply, if we see a faster pace of substitution.

What's included?

This report includes 1 file(s)

  • Substitution of oil in Asia's non-transport sector - how much more and how fast.pdf PDF - 1.42 MB

Description

This Oil Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an expert point of view to help inform your decision making.

Wood Mackenzie gives you an informed, independent view on oil prices and the key drivers and trends impacting the oil market. Our highly experienced macro analysts and regional sector teams are based in the key oil producing and consuming regions they analyse, providing detailed field data and demand forecasts driven by country and industry forecasts.

Wood Mackenzie's trusted insight helps you deliver successful growth strategies.

Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...