(EnergyAsia, September 23, Wednesday) — Asia could sharply reduce its historical reliance on imported refined oil products from the West as China and India expand their refining capacity and prepare to raise exports. Asia’s exports of the products to Europe and North America are expected to rise to 1 million barrels b/d from 750,000 bpd…
ASIA: Western refiners reeling as China and India raise oil product exports
Posted on September 23, 2009 by EnergyAsia