Commodity Market Report
Australia product markets long-term outlook H1 2019
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
In 2018, Australia had a total products deficit of 585,000 b/d. We expect deficits of total products to grow through our forecast to 2040 with demand growth combined with the no change to supply. Middle distillate production has been weakened by the closures of Kurnell and Bulwer lsland refineries in 2014 and 2015 respectively, with their deficits widening significantly from 2015 on-wards. With growing deficits in middle distillates, Australia will tap into existing supply sources in Asia Pacific for more import volumes and take advantage of China's growing 10 ppm export availability.
Table of contents
- Refinery infrastructure and investments
-
Refinery supply
- NGLs
- Biofuels
Tables and charts
This report includes the following images and tables:
- Refinery Supply - Intake Summary
- Non Refinery Supply by Product
- Product balances – all supply versus demand
What's included
This report contains:
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