APEC Petroleum Product Trading and Security

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APEC Petroleum Product Trading and Security

Publication Number

APEC#215-RE-01.32

Published Date

January 2016

Type of Publication

Reports

Publications Under

SOM Steering Committee on Economic and Technical Cooperation(SCE), Energy Working Group(EWG)

Accessed

1042

Pages

58

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Description

Demand for petroleum products in the APEC region, particularly in the ASEAN region, has been increasing significantly. While the expansion of refining facilities is underway, demand still outstrips supply, and imports from outside the region remain high. This research study aims analysing how the supply and demand balance of petroleum products in the region would change over the period of 2011 to 2020 and identify problems and issues while considering their impacts.