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Energy Intelligence Research invites you to participate in a unique report and workshop program that provides in-depth insight into the world's most dynamic refined products market — a market that is driving the global petroleum business.

Energy Intelligence and Asia Pacific Energy Consulting have joined forces to examine the Asia-Pacific refined products picture in-detail. We have produced an in-depth analysis of how the product specifications look today, where they are trending over the next few years, and what the implications will be for all key players — in Asia and in all regions — that will be affected by the dynamics of changing Asia-Pacific products specifications. We are delivering this analysis in several formats to meet the different needs of energy investors.

Clients may participate in the Asia-Pacific Refined Products study in three ways:

	An interactive workshop that allows you to gain additional perspective and analysis and to benefit from a range of views
	A one-day seminar program providing a wealth of detail and data
	Purchase of the report in hard copy or online versions

Asia-Pacific Refined Products delivers detailed insights into the likely trajectory of the regional products markets as a result of changing Asia-Pacific products specifications.

Some of the key issues addressed include:

	The impact on world trade and markets of tightening Asia-Pacific product specifications
	Asia-Pacific as the epicenter of future incremental product demand growth
	Historical analysis of the closing specifications gap, both with Asia, and between Asia and the rest of the world
	Asia as the driving force behind product specifications tightening into the next decade
	Obstacles facing refiners in meeting future quality standards, as well as potential solutions (GTL, synthetic crudes and condensate splitting) and possible implications for refiners in other regions

Asia-Pacific At The Center Of Global Demand Growth ...

Asia-Pacific is the world's fastest growing incremental demand region and is well on pace to top North America as the world's largest volume oil consumer before the end of the decade. The region has been a major support for expanded oil consumption globally and since 2003 has been the major driver for expanding oil products sales, led by the run-away oil consumption growth of China, now the second largest consumer of oil products worldwide. No other oil market is as large, as economically diverse and as rich in long-term potential for energy companies as Asia-Pacific.

Despite the high average price of oil recorded since 2003, Asia-Pacific petroleum products demand has continued to grow at relatively strong rates of expansion. Neither the great downturn of 1997-1998, nor the recurrent wave of recession, which rocked the region through 2004, has curbed overall demand growth. Global oil players have begun to position themselves in what will be soon the world's largest oil market. Particular attention is paid to the role of China, which has overtaken Japan as Asia's largest petroleum user.

... While a Product Quality Crunch Looms

Product quality looms as an issue of greater interest than that of meeting future quantity requirements. Asia-Pacific traditionally consumed oil products that were substantially inferior in quality - also known as product specifications - to products used in North America, let alone the European Union (EU). By 2005, the most advanced markets in Asia-Pacific had product specs that, in many ways, were equal to North American standards, and only slightly behind many European quality requirements. Further, the gap between Developing Asia - consumption giants such as India and China, let alone small markets such as Bangladesh - has closed considerably with the most sophisticated economies in the region, such as Japan.

Benefits of the Asia-Pacific Refined Products Report

Asia-Pacific Refined Products is the first report to synthesize the impact of Asia-Pacific's overall demand growth with the region's shift to using ever better quality oil products. The report delivers the following analysis:

Detailed assessments of the regional refining configuration, market by market, for 2005 and projected through end-decade.
Assessments of the pressures on regional refiners to meet both the quantitative squeeze — producing ever greater volumes of finished oil products — as well as the quality squeeze — meeting tightening product specifications.
Examination of refinery capacity geared to improving product quality (intermediate units) as well as severe secondary capacity, which can squeeze a greater percentage of lighter, higher-value products from gas oil and fuel oil.
Analysis of the tools that allow refiners to stretch out capital investment in upgrading or expanding plant, including the impact of Gas-to-Liquids (GTL), Bitumen-to-Liquids (BTL or synthetic crudes) and condensate splitters on refiners' future choices.
Examination of the pressures on refiners to invest in refining plant upgrades.
Surveys of current requirements and forecasts of the changes in both primary and secondary product specifications.
Detailed examination of gasoline, gas oil/diesel and fuel oil, covering a full range of primary and secondary quality points.