Refinery Projects Outlook 2012: ‘Cracking’ times for Eastern markets
Article in Infrastructure Journal with participation of Deloitte partners Carl Hughes and Elena Lazko
29 February 2012
Refineries are key components of the petroleum products supply chain with 10 per cent of the average price of retailed distillates being attributed to refining costs. However, given the wider macroeconomic climate, refinery infrastructure investment continues to face severe challenges in developed jurisdictions and Western markets. Concurrently, the balance of power in this subsector of the oil & gas infrastructure market is rapidly tipping in favour of the East.
This report was published by Infrastructure Journal on February 29th, 2012.