ImageVerifierCode 换一换
格式:PPTX , 页数:29 ,大小:17.25MB ,
文档编号:3697178      下载积分:22 文币
快捷下载
登录下载
邮箱/手机:
温馨提示:
系统将以此处填写的邮箱或者手机号生成账号和密码,方便再次下载。 如填写123,账号和密码都是123。
支付方式: 支付宝    微信支付   
验证码:   换一换

优惠套餐
 

温馨提示:若手机下载失败,请复制以下地址【https://www.163wenku.com/d-3697178.html】到电脑浏览器->登陆(账号密码均为手机号或邮箱;不要扫码登陆)->重新下载(不再收费)。

已注册用户请登录:
账号:
密码:
验证码:   换一换
  忘记密码?
三方登录: 微信登录  
下载须知

1: 试题类文档的标题没说有答案,则无答案;主观题也可能无答案。PPT的音视频可能无法播放。 请谨慎下单,一旦售出,概不退换。
2: 本站所有资源如无特殊说明,都需要本地电脑安装OFFICE2007和PDF阅读器。
3: 本文为用户(晟晟文业)主动上传,所有收益归该用户。163文库仅提供信息存储空间,仅对用户上传内容的表现方式做保护处理,对上载内容本身不做任何修改或编辑。 若此文所含内容侵犯了您的版权或隐私,请立即通知163文库(点击联系客服),我们立即给予删除!。
4. 未经权益所有人同意不得将文件中的内容挪作商业或盈利用途。
5. 本站仅提供交流平台,并不能对任何下载内容负责。
6. 下载文件中如有侵权或不适当内容,请与我们联系,我们立即纠正。
7. 本站不保证下载资源的准确性、安全性和完整性, 同时也不承担用户因使用这些下载资源对自己和他人造成任何形式的伤害或损失。

版权提示 | 免责声明

1,本文(普氏Platts能源资讯亚洲区编辑总监VandanaHari课件.pptx)为本站会员(晟晟文业)主动上传,163文库仅提供信息存储空间,仅对用户上传内容的表现方式做保护处理,对上载内容本身不做任何修改或编辑。
2,用户下载本文档,所消耗的文币(积分)将全额增加到上传者的账号。
3, 若此文所含内容侵犯了您的版权或隐私,请立即通知163文库(发送邮件至3464097650@qq.com或直接QQ联系客服),我们立即给予删除!

普氏Platts能源资讯亚洲区编辑总监VandanaHari课件.pptx

1、Global Oil Markets OutlookVandana Hari,Asia Editorial Director 28 May 2019,Shanghai2Enabling the markets to perform with greater Transparency&EfficiencySincePlatts An introductionNew YorkDenverWashingtonHoustonBuenos AiresLondonMoscowDubaiBeijingTokyoShanghaiHong KongSingaporeEvergreenBostonHightsto

2、wnPittsburghSo PauloLausannePlatts An introductionCape TownHoustonARA(Amsterdam Rotterdam Antwerp)SingaporePlatts An Introduction Key global crude and oil products benchmarks,including Brent and Dubai Intelligence on oil,petrochemicals,metals,gas&power,agricultural marketsEditorial and market assess

3、ments are conductedwith complete Independence&ImpartialityAgenda5Oil prices End to volatility?-What fundamentals and geopolitics tell us US shale boom-The impact on global oil flowsso far and going forward Redefining refining-Sector in a major flux globally Global Oil Markets:Stable On The Surface6S

4、ource:Platts Dated Brent assessmentsDemand Stabilization Anchoring Crude7Source:Platts analysis of quarterly historic and forecast demand from OPECs Monthly Oil Market Report(January 2019)and IEAs Oil Market Report(January 2019)Global Crude Markets Finely Balanced8Source:Platts Dated Brent assessmen

5、tsAnnual Demand Growth=1 million b/dNew Crude Supplies From US,Iraq,Africa US Crude Export PolicyMarginal Cost Of Tight OilOPEC Coordination?Easing Iran SanctionsOil Markets Find Stable Evolutionary CurveThe mood at Platts 7th Global Crude Oil Summit May 13-149China In An Oil Recession10 Economy los

6、ing steam;inventories piling up;major stimulus measures seen unlikely Growth becoming less oil-intensive Oil demand between Oct 2019-Mar 2019 declined 1%Gasoil,naphtha consumption shrinking,more than offsets rise in gasoline demandDownside Risks To Global Demand Growth11Source:IEADemand:IEA projects

7、 1.3 mil b/d growth for 2019 Too optimistic?CHINA:Oil demand growth slowing down faster than GDP INDIA:Annual growth in consumption cools to 1%RUSSIA:Ukraine tensions and sanctions dampen economic outlookOutages Dont Rattle Markets Any More Libyan output slumped to around 200,000 b/d(versus 1.6 mil

8、b/d capacity)Unrest,attacks on infrastructure curb crude production in Nigeria,Iraq,Libya,Sudan12NigeriaNearly 4 mil b/d of production reduced or under constant threatBut OPEC output remains mostly below 30 mil b/d“ceiling”since last Sep;Saudi pulls back from 10 mil b/d peakPlenty Of New Supply,Led

9、by N.AmericaON THE OPEC FRONT:Iran could raise output by 1 mil b/d within 6 months if sanctions lifted;aims for 5 mil b/d output by 2018 Iraq production is on a strong ascent 3.4 mil b/d in Feb,highest since 1979 Will OPEC be able to respond if there is a supply glut?13Non-OPEC supply growing at its

10、 strongest in decadesSource:IEAUS Shale Bonanza The Impact On Global Oil Flows So Far And Going ForwardUS Tight Oil Boom Light,Sweet Surplus 15 9.6 mil b/d 2020:Nearly half the output will be tight oil Most tight oil is light/ultra light sweet crude/condensate Nearly 2 mil b/d of excess light sweet

11、crude foreseen 2019US Produces More Crude Than It Imports16Source:EIA3.55.57.59.511.52005Million B/DProductionImportsAverage Daily US Imports By Supplier17Source:EIACanada,Colombia Boost Exports To US18CanadaColombia Imports from Africa light,sweet grades from Nigeria,Algeria,Angola down 90%from 2 m

12、il b/d in 2019 to 170,000 b/d in Jan-Apr 2019 Imports of Canadian crude jumped 70%from 2019 to average 2.7 mil b/d this year Imports of Colombian crude doubled from 2019 to 300,000 b/d this year US TO ALLOW CRUDE EXPORTS?UNLIKELY!Surplus To Find Its Way Out As Products19New condensate splitters comi

13、ng on stream Nearly 475,000 b/d new capacity over the next 2 years(source:Platts Bentek)New ethane crackers being built Around 12 mil mt/year of new ethylene capacity planned to come on stream by 2020Nearly 50%capacity growth in bothUnprecedented boom in US oil,gas infrastructureUS Oil Product Expor

14、ts Vault Over 3 Mil B/D20GASOILGASOLINELPG,NAPHTHA0123452008200920102011201220132014Mil B/DFinished Petroleum ProductsNGLsBiofuels and blending componentsPLANT CONDENSATERedefining Refining Sector In Major Flux GloballyOil Markets In Three Very Different Worlds22Crude:InsularityProducts:Export expan

15、sionCrude:ContractionProducts:Import expansionCrude and productsMore supply/More demandRefining Sector Tilts To Overcapacity23JapanAustraliaEurope(?)ChinaMiddle EastIndiaUSAfrica,Latin America(?)Japan Contracts,But Major“Sinks”in SE Asia Japan 20%reduction in capacity from 2019 peak of 4.9 mil b/d;m

16、ore cuts likely by 2019 Major product“sinks”in Southeast Asia:-Indonesia About 500-600,000 b/d;could double by 2020-Australia About 375,000 b/d;seen rising to 700,000 b/d by 2019-Vietnam About 180,000 b/d;could vanish around 2020 if refining capacity rises24China Refining Overcapacity Downstream add

17、itions surpass demand growth Some 4 mil b/d excess capacity seen by 2019 Capacity utilization rates on a slippery slope Product exports rising,imports declining“If China does not rein in excess capacity,refinery utilization rates could drop to 67%by 2020,lower than the 72-75%in the steel industry no

18、w”Sinopec Chairman Fu Chengyu(March 14)25Mideast In Unprecedented Refinery Boom 2626Yanbu,400 kb/d,2019(e)Jizan,400 kb/d,after 2019(e)Duqm,230 kb/d,2020(e)Fujairah,200 kb/d,2020(e)Ruwais expansion,+417 kb/d,2019(e)Ras Laffan II,146 kb/d condensate splitter,2019 Jubail,400 kb/d,2019(started)Al Zour,6

19、15 kb/d,by 2021(e)Iraq,various,total 700 kb/d 2019 onwards(e)Sohar expansion,+86 kb/d,2019(e)European Refining Sector On Life-Support Europe oil demand remains on a slippery slope Around 2.5 mil b/d products demand lost between 2019-2019 Refiners opt to reduce rates rather than shut down Average ref

20、inery utilization rates languish around 75%“1 mil b/d immediate capacity is needed to shut down along with a further 1.5-2.0 mil b/d by the end of 2019 to restore healthy utilization”Marcus Lippold,VP,MOL(April 14)27Golden Age For US Gulf Coast Refiners28-8-327121722May-13Jun-13Jul-13Aug-13Sep-13Oct-13Nov-13Dec-13Jan-14Feb-14Mar-14Apr-14May-14$/BUS Gulf Coast(LLS)ARA(Brent)Italy(Urals)Singapore(Dubai)Cracking Margins Over The Past YearSource:Platts and Turner,Mason&Co.Thank You!Questions?Vandana.hariplatts

侵权处理QQ:3464097650--上传资料QQ:3464097650

【声明】本站为“文档C2C交易模式”,即用户上传的文档直接卖给(下载)用户,本站只是网络空间服务平台,本站所有原创文档下载所得归上传人所有,如您发现上传作品侵犯了您的版权,请立刻联系我们并提供证据,我们将在3个工作日内予以改正。


163文库-Www.163Wenku.Com |网站地图|