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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