Growth, environmental issues cloud Asian downstream picture

The Asian energy industry faces a decade with conflicting requirements.Rapid growth in overall demand for products implies medium-term expansion of refining capacity and perhaps changes in trading patterns. A patchwork of evolving clean-fuels initiatives in various Asian nations will challenge not only the ability of refiners to manufacture fuels but also the flexibility of shipping fuels from one nation to another.The even more rapid expansion of the petrochemical industry, historically reliant on naphtha from refineries, may conflict with the mandates for clean fuels and the ability of the Asian refining industry to produce suitable naphtha.Natural gas holds great potential to resolve A...

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