Year: 1998

Publication type: Studies

Public files

It includes information on the various aspects of the refining sectorin Latin America and the Caribbean today as regards infraestructure,the product market, and product quality. It further describes thetransformation process regional industry - and specifically therefining industry - is undergoing as a result of the new trends in regional economies. In order to meet the stricter requirements regarding product-quality and environmental protection and, at the sametime, remain competitive in an open, deregulated market scenario, therefining sector will have to undertake a process of restructuring,modernization, and infrastructure upgrading.

Finally, projections are made on the oil products' market and generalconsiderations are added on the future trends expected for the sector.