China's oil product exports - temporary or structural?

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Report summary

While the refining industry adjusts to a slower oil demand growth in China, oil product exports will remain a key feature of the market in the next few years. Chinese export refiners are much more competitive than the traditional export refiners in Asia Pacific and hence will be able to push their way into deficit markets, displacing other exporters. Hence, oil product balances in China will strongly influence regional refining margins.

What's included

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    China's oil product exports - temporary or structural?

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Table of contents

  • Oil product export quotas
  • Big increase in middle-distillate exports expected in Q4 2015
  • New export markets for China

Tables and charts

This report includes 4 images and tables including:


  • China export quota by year (kb/d)
  • China export quota and exports by in 2015 (kb/d)
  • China exports by region (H1 2015)
  • China exports within Asia Pacific (H1 2015)

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