"Belgium Oil & Gas Report Q4 2012" Now Available at Fast Market Research
BMI View: Subdued oil demand growth means the prospects for refiners and fuels distributors are poor, with many already facing strong competition. The purchase and reopening of Petroplus' Antwerp plant should reduce downstream uncertainty. The gas market has greater potential, both in terms of rising domestic demand and the scope to re-sell surplus LNG through regional pipeline links. The market is mature, meaning there is a risk that leading industry players may divest as they seek higher growth and wider...
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