Oil Refining Industry in South East Asia, 2011- Market Analysis, Competitive Scenario and Capacity Forecasts to 2015

South East Asia will Increase its Share in the Asia-Pacific Refining Market The South East Asia refining market is expected to increase its share in the AsiaPacific refining market. In 2010, the share of South East Asia in the Asia-Pacific refining market was 15.5%. With the increasing demand for refined petroleum products in the domestic and international markets, the South East Asia region has planned to increase its refining capacity to meet the demand. Consequently, the regions share in the Asia-Pacific market is expected to increase to 17.5% by 2015. The refining capacity in South East Asia is expected to increase by 79.1 million metric tons per annum (MMtpa) during 20102015. The growth in the refining industry will be anchored by Indonesia during this period. Indonesia is expected to account for 56% of the refining capacity additions for 20102015. The increase in demand for refined products in the domestic market is responsible for the capacity additions in South East Asia. Vietnam, Malaysia and Brunei are expected to individually contribute more than 10% of the refining capacity additions. The refining capacities in Singapore and Philippines are expected to remain unchanged during 20102015. NOCs have a significant role in the South East Asia oil refining market. With no super-major companies planning refining capacity expansions in the region, it becomes imperative for NOCs to enhance their refining capacities. In 2010, International Oil Companies (IOCs) had a 42.5% share of the regions refining market. By 2015, the share of IOCs will reduce to 28.0%. NOCs will grow to have a 40% share of the oil refining capacity in the region, and companies other than IOCs and NOCs will see their collective capacity share increase from 20% in 2010 to 32% in 2015. The significant presence of other companies in the market shows the competitive nature of the refining market. For Sample Pages, please click or add the below link to your browser: http://www.globalmarketsdirect.com/SamplePdfRequest.aspx?ID=Oil-RefiningIndustry-in-South-East-Asia-2011-Market-Analysis-Competitive-Scenario-andCapacity-Forecasts-to2015&Title=Energy_and_Utilities&ReportType=Industry_Report&CompanyID=fb Global demand for gasoline, diesel and other light fuel has risen considerably over the last few years and Asia-Pacific has been at the center stage of the increased consumption of refined petroleum products. Light fuel demand in South East Asia can be met through increasing the number of cracking processing units in the region. In 2010, about 82% of the refineries in South East Asia had cracking processing units. Cracking refineries will help to produce significant commercial products such as gasoline, diesel, kerosene and jet fuel.

Oil Refining Industry in South East Asia, 2011 - Market Analysis, Competitive Scenario and Capacity Forecasts to 2015, is the latest report from GlobalData, the industry analysis specialists The report analyzes the oil refining industry in South East Asia and provides information about South East Asias oil refinery market until 2015. The report provides information on key oil refinery projects and key companies in all seven countries in the region. The report also provides key trends and issues in the refining industry. The report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalDatas team of industry experts. For more updates, please join us at facebook: http://www.facebook.com/OilandGasMarketIntelligence Visit our report store: http://www.globalmarketsdirect.com For more details contact: pressreleases@globalmarketsdirect.com North America: Europe: Asia Pacific: +1 646 395 5477 +44 207 753 4299 +44 1204 543 533 +91 40 6616 6782