|SThis slide summarizes some of the key sources
for European imports and exports.
Several regions dominate these flows.
|SThe countries of the former Soviet Union are
the source of 3/4 of the additional 400 thousand barrels per day of diesel
and gas oil imports in 2004 compared to 1995.
|SMeeting Increased jet fuel needs has involved
more and farther-removed sources.
|SThe U.S. East Coast provides a market for 3/4
of Europes excess gasoline production.
|SIn place of investments in refinery process
changes to produce more distillate and less gasoline, Europe has found a
combination of economic distillate import locations and economic markets to
send excess gasoline. But that could
change in the future.