Author:
Klepikov Vladimir Pavlovich,Klepikov Vladimir Vladimirovich
Abstract
Purpose
This paper aims to analyse the key trends in oil delivery and production and evaluate the capacities of crude oil transportation systems in the Western European region.
Design/methodology/approach
To meet these goals, qualitative data analysis was used to assess the contribution of countries in the region to the total crude oil production and delivery, the changes in concentration of crude oil deliveries and refineries’ capacities, the capabilities of the regional crude oil transportation system and the trends in crude oil supplies and processing from 2005 to 2015.
Findings
The study established that from 2013 to 2015 oil supply to the region’s refineries increased and generated additional stress on the transportation and refining infrastructure.
Research limitations/implications
This study examined the aggregate values of crude oil production, crude oil deliveries and refining capacities. In practice, different refineries are set to process certain types of crude oil. It is possible to use the described approach with a certain crude oil grade.
Practical implications
When developing the programmes for crude oil supply to refineries, it is vital to take into account the capacities of refineries and the capabilities of the crude oil transportation systems.
Originality/value
The study suggests that the region’s infrastructure has the necessary reserves to operate for the next few years without additional investments.
Subject
Strategy and Management,General Energy
Cited by
2 articles.
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