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Indian Refining Scenario and Global Perspective - petrofed ...

Indian Refining Scenario and Global Perspective - petrofed ...

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<strong>Global</strong> <strong>Refining</strong> Scene—An Inconvenient Possibility105.0100.0World Dem<strong>and</strong> vs <strong>Refining</strong> Capacity—Announced Case*(*As per announced refining plans that we classify as firm <strong>and</strong> likely)World Total <strong>Refining</strong> CapacityWorld Conventional Oil Dem<strong>and</strong>**<strong>Refining</strong>‐Dem<strong>and</strong> GapIncreasingOvercapacity7.06.05.0mmb/d95.090.085.04.03.02.01.080.02008 2009 2010 2011 2012 2013 2014 2015** Excludes biofuels, GTL <strong>and</strong> others0.0Source : FACTS SEP, 20088

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