Wood Mackenzie sees MGO demand surging by more than 1 million bpd in 2020

Wood Mackenzie expects demand for marine gasoil (MGO) to rise by more than 1 million barrels per day next year. “There will be a huge amount of middle distillates used in the shipping sector starting 2020, with an incremental demand of 1.2 million barrels per day for marine gasoil (MGO),” said Sushant Gupta, the consultancy’s director of research for the Asia-Pacific refining sector.

Posted by Jennifer Delay Iacullo

Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.

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