Indonesia tipped to lead global gasoline market
Indonesia is predicted to lead the global gasoline trade by 2018, opening up new supply opportunities for European and US refiners
A new report from Wood Mackenzie shows that Indonesia will emerge as the world's biggest importer of gasoline as US and Mexican imports - markets with the largest combined deficit over the last decade - shrink. From 2012 to 2018, Indonesia's gasoline deficit will expand from 340,000 barrels per day (b/d) to around 420,000 b/d, data from the energy research firm shows. At the same time, the US and Mexico's combined deficit will narrow from 560,000 b/d to 60,000 b/d, with a surplus expected in the following years. By 2018, the Asia Pacific region's surplus will shift from 55,000 b/d in 2012 to a deficit of 118,000 b/d, bolstered by rising consumption in Indonesia. Demand in the Southeast Asian
Also in this section
16 April 2026
Demand for oil is falling because supply cannot meet it, not because it is no longer required
16 April 2026
The continent has an immediate opportunity to make the most of its energy resources by capturing gas that is currently slipping away
15 April 2026
The continent is seeing political pushback to climate plans, corporate reassessment of transition goals and rising supply risk in a fractured global order
15 April 2026
The Middle East energy crisis may turn out to be pivotal to the industry’s long-term expansion, but significant challenges still stand in its way
