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Global and Asian Oil Market Outlook December 2002 FACTS Inc. by
Global Oil Demand and the Asia-Pacific Region ,[object Object],[object Object]
 
 
Oil demand growth is weak in the short term but it will recover in the longer term...
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Oil Demand, Production Capacity, and Price
OPEC and Oil Prices ,[object Object],[object Object]
 
 
 
 
 
Role of China
Energy and the Economy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
 
 
 
 
 
 
East of Suez Product Flows
 
 
 
 
 
GTL:  Is Asia Ready for GTL Premiums?
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Are all of these projects really viable? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],Are all of these projects really viable? (cont’d)
Will there be a substantial premium?  Consider the case of Japan... ,[object Object],[object Object],[object Object]
Will there be a substantial premium? (cont’d) ,[object Object],[object Object],[object Object]
[object Object],[object Object]
 
GTL-Key Conclusions ,[object Object],[object Object],[object Object],[object Object]
GTL-Key Conclusions (cont’d) ,[object Object],[object Object],[object Object],[object Object]
Middle East Product Trade
 
 
 
 
Outlook for Margins
 
X
X
Specs and Refining Margins ,[object Object],[object Object]
Specs and Refining Margins ,[object Object],[object Object]
Specs and Refining Margins ,[object Object],[object Object],[object Object],[object Object]
Newly Globalized Product Markets ,[object Object],[object Object]
Thank  You!

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Global Asian Oil Market Outlook Dec 2002