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%T "New Silk Road" Oil Refining Dominance Emerging %A Goel, Manan %J IndraStra Global %N 6 %P 2 %D 2016 %K Africa, Energy Policy, Global Trade %@ 2381-3652 %~ Gulf Petrochem %> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-48578-2 %X The might of oil refiners along the New Silk Road – stretching from Beijing to Lagos – is gaining influence, especially as European suppliers shrink back after more than a century of dominance. China is by far the refining behemoth along the New Silk Road, closely followed by a highly competitive India and an increasingly well-equipped Gulf. The vast majority of the 7.1 million barrels a day (b/d) of new distillation capacity expected in 2015-2020 will be coming from the Middle East, China and the wider Asia-Pacific, according to OPEC’s 2015 World Oil Outlook. %C USA %G en %9 Zeitschriftenartikel %W GESIS - http://www.gesis.org %~ SSOAR - http://www.ssoar.info