Commodity Market Report

Malaysia product markets long-term outlook H1 2019

This report is currently unavailable

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

Oil product demand has grown over the past decade to reach 788,000 b/d in 2018. We forecast it will continue to grow based on an average GDP growth of 3.4% between 2018 and 2040. Demand will reach 960,000 b/d in 2040. There are six refineries in Malaysia currently, with a total refining capacity of 692,000 b/d (35 Mt). In our view, the 300,000 b/d Refinery and Petrochemicals Integrated Development (RAPID) project in Southern Johor state will achieve commercial operation by Q4 2019. Its utilisation rate will increase to 95% from 2021 onward. RAPID's start-up will partially alleviate the country's gasoline deficit and move jet/kero and diesel from net balance to surplus position. Malaysia's refinery utilisation in 2018 averaged 69%, but we forecast long-term utilisation to increase to about 79% by 2040.

Table of contents

Tables and charts

This report includes 11 images and tables including:

  • Road Demand Fuel Types
  • Total car parc (passenger vehicle stock)
  • Share of car parc by fuel type
  • Refinery capacity investments
  • Malaysia refineries
  • Refinery throughput and utilisation
  • Refinery yields (wt %)
  • Non-refinery supply by product
  • Non-refinery supply by type
  • Historical net product trade
  • Product balances – all supply versus demand

What's included

This report contains:

  • Document

    Malaysia product markets long-term outlook H1 2019

    PDF 1.43 MB

  • Document

    Malaysia product markets long-term outlook H1 2019

    ZIP 1.69 MB

  • Document

    Malaysia.xlsx

    XLSX 1.07 MB