Insight
Impact of European Investments on Refinery Competitiveness - 2019 update detailed
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Report summary
In this analysis, Wood Mackenzie has modelled all European refinery investments between 2018 and 2025 that we classify as firm and combined this with our yearly preliminary net cash margin forecast. This shows the combined effect of our crude and product price forecast as well as planned refinery projects on the refinery's competitiveness and regional rank in the coming years. For refiners that currently have no firm investment projects, only the price effect is represented, with refinery input and output held flat at 2017 levels.
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