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Toril Bosoni (IEA) - Clingendael

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© OECD/<strong>IEA</strong> 2012<br />

European Product Imbalances Worsen<br />

• European distillate imports could<br />

reach 1.5 mb/d in 2016, from 1.1<br />

mb/d in 2010<br />

• Additional high quality volumes to<br />

come from Russia, Saudi Arabia,<br />

BBrazil il (after ( ft 2016). 2016) US retain t i<br />

export potential, Asian supplies to<br />

meet regional demand<br />

mb/d European Oil Product Imbalances<br />

1.6<br />

1.4<br />

1.2<br />

1.0<br />

08 0.8<br />

0.6<br />

0.4<br />

0.2<br />

0.0<br />

2008 2010 2012 2014 2016<br />

Gasoline Exports Jet/Gasoil Imports

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