The Mediterranean Basin in the World Petroleum Market

The Mediterranean occupies a pivotal position in the world petroleum market. It stands at the juncture between the Atlantic Basin and Asia, being the interface between oil trade flows from Russia, the Middle East and North Africa, and the North Sea.

This book examines the nature of that interface. It covers both upstream and downstream issues. The policies of the main Mediterranean crude oil exporters (Libya, Algeria, Egypt and Syria), their production, the structure of petroleum demand and the problems faced by refining are all considered. Looking at the future, the book also assesses the impact of possible developments in Iraq and the Caspian on the Mediterranean and its role in the world petroleum market.

Contents

  1. A Hinge of the World Petroleum Market
  2. Mediterranean Refining
  3. Issues in Mediterranean Oil Demand
  4. The Mediterranean Producers
  5. The Proximate Oil Producers: The Caspian and Iraq
  6. The Mediterranean Oil Market