September 2004

Trends and Resources

HP Impact: HPImpact: Shifting Middle East demand patterns impact product markets

The Middle East continues to be the center of activity in the world petroleum market, with developments in oil, gas and condensate production, continued growth in product demand, and a lasting program..

Weirauch, Wendy, Hydrocarbon Processing Staff

The Middle East continues to be the center of activity in the world petroleum market, with developments in oil, gas and condensate production, continued growth in product demand, and a lasting program of refinery expansions and upgrades. Natural gas development and utilization plans are also moving forward rapidly, which affect local patterns of demand, as well as boosting available supplies of natural gas liquids, according to a new analysis from FACTS Inc. (www.factsinc.net). The region's first world-scale GTL project is also under construction in Qatar, which will create high-quality synthetic light and middle distillates. The project could possibly be expanded to include G

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