• Episode 1277: Think Tank: Middle East liquids-to-chemicals projects will add to global oversupply

  • Nov 26 2024
  • Durée: 16 min
  • Podcast

Episode 1277: Think Tank: Middle East liquids-to-chemicals projects will add to global oversupply

  • Résumé

  • Two liquids-to-chemicals project announcements by Saudi Aramco highlight a new source of rapid capacity growth which will add to global overcapacity.

    - Middle East oil and gas companies want to push liquids-to-chemicals as demand for transport fuels declines

    - Aramco aims to convert around 4 million bbl/day of crude oil into chemicals by 2030 versus about 1 million barrels/day currently

    - Demand growth will not be sufficient to meet rising supply

    - More closures will be needed to balance the market

    Voir plus Voir moins

Ce que les auditeurs disent de Episode 1277: Think Tank: Middle East liquids-to-chemicals projects will add to global oversupply

Moyenne des évaluations de clients

Évaluations – Cliquez sur les onglets pour changer la source des évaluations.