Opec, The Gulf, And The World Petroleum Market: A Study In Government Policy And Downstream Operations

by Fereidun Fesharaki, David Isaak

Overview

This book gives information on the OPEC nations' changing roles in the world oil market as they expand to "downstream" activities. It provides an overview of the production capabilities and policies of major oil exporters and examines the refinery overcapacity crisis in the developed world.

Product Details

ISBN-13:	9780367297398
Publisher:	Taylor & Francis
Publication date:	11/09/2020
Pages:	268
Product dimensions:	5.69(w) x 9.19(h) x (d)

Table of Contents

List of Tables — List of Figures — Foreword, Harrison Brown — Acknowledgments — Introduction — 1. Oil Reserves, Production, and Exports — The Oil Market: Structural Changes and Changing Perceptions — Reserves and Resources — Sources of Information — OPEC Oil Reserves — Maximum , Production Potential — Production Profiles — The World Oil Balance — OPEC Production and Export Policies — Iran — Iraq — Kuwait — Qatar — United Arab Emirates — Saudi Arabia — Emerging OPEC Export Strategies — 2. The Refining Industry — Demand for Petroleum Products — Demand Patterns — Refining Processes — The Crisis in Refining — Construction: OPEC and the Gulf — Scrapping and the World Balance: The OECD Countries — Gulf Refinery Flexibility and OPEC Product Exports — Economics of Gulf Export Refineries — The Second Stage: 1990 and Beyond — 3. Oil Transport — History to 1973 — Structural Change — The Fleet — The Future Demand for Tankers — Supply and Demand Balance — OPEC's Role — 4. Petrochemicals — Basic Petrochemicals — Structure of the Chemical Industry — Ethylene and the Olefins — Petrochemicals in the Gulf — Petrochemical Markets — Other Considerations — 5. Natural Gas — Reserves and Production — Reinjection — Trade — OPEC's Domestic Use of Gas — 6. The Future of OPEC Power Structure — OPEC Pricing Policies — OPEC's New Challenges in the 1980s — Impact of Downstream Investments — Abbreviations — Index.