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Seaborne Products Exports

机译:海运产品出口

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In 2014, total Middle Eastern products exports averaged 2.0m bpd, a y-o-y increase of 17%. This was largely driven by a surge in exports from Saudi Arabia. In 2015, Middle Eastern exports are projected to rise 12% y-o-y to stand at 2.2m bpd. Once more Saudi Arabia is expected to be a significant driver of this increase with exports from the Kingdom projected to rise 16% y-o-y. Elsewhere, total European exports are projected to decline 1% y-o-y to 4.9m bpd, largely as a result of expected decreases of 8% and 6% y-o-y in UK and Italian product exports respectively. The Italian refinery sector has been under pressure for some time, whilst the recent closure of a 0.1m bpd refinery in the UK is expected to limit products exports. On the other side of the Atlantic, US products exports are projected to rise 3% y-o-y, on the back of relatively cheap domestic feedstock supporting high levels of refinery throughput. However, if domestic US tight oil production does not remain profitable in the current low oil price environment, this may impact US refinery throughput. Meanwhile, it is expected that Chinese products exports will rise 5% y-o-y to 0.4m bpd in 2015. The continued expansion of Chinese refinery capacity is expected to support this increase. However, Japanese products exports are projected to fall 3% y-o-y in 2015.
机译:2014年,中东产品出口总额平均为200万桶/日,同比增长17%。这主要是由于沙特阿拉伯的出口激增。 2015年,中东出口预计同比增长12%,达到220万桶/日。沙特阿拉伯预计将再次成为这一增长的重要推动力,沙特王国的出口预计将同比增长16%。在其他地方,欧洲总出口预计同比下降1%至490万桶,主要是由于预期英国和意大利产品出口分别同比下降8%和6%。意大利炼油业已经承受了一段时间的压力,而英国最近关闭的日产量为10万桶的炼油厂预计将限制产品出口。在大西洋的另一端,由于相对便宜的国内原料支持了炼油厂高水平的生产,美国产品出口预计将同比增长3%。但是,如果在目前的低油价环境下美国国内的致密油生产仍无法保持盈利,这可能会影响美国炼油厂的吞吐量。同时,预计2015年中国产品出口将同比增长5%至40万桶/日。中国炼油厂产能的持续扩大有望支持这一增长。但是,预计2015年日本产品出口将同比下降3%。

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    《Oil & Tanker Trades Outlook》 |2015年第1期|23-23|共1页
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