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

  • 2024/11/26
  • 再生時間: 16 分
  • ポッドキャスト

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

  • サマリー

  • 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

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あらすじ・解説

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

Episode 1277: Think Tank: Middle East liquids-to-chemicals projects will add to global oversupplyに寄せられたリスナーの声

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