欧债危机发展趋势及其对油气行业的影响

Impact of the debt crises on the oil & gas industr

欧债是国际金融危机引发的后遗症,具有长期性和反复性的特点,是短期内难以根本解决的制度性危机。债务危机、银行危机、政治危机相互影响,问题解决面临的变数越来越多,使欧洲经济陷入低迷,严重影响了世界经济的复苏进程。债务危机的主要影响:一是直接导致欧元区石油需求加速下降,但总体上对新兴经济体需求影响有限;二是使国际油价上攻动力减弱。尽管受到债务危机的影响,但全球油气投资依旧旺盛,投资重心向发展中国家转移。欧债危机对中国石油市场影响有限,但对下游市场的影响不可小觑。

As a consequence of the deepening sovereign debt crises in several European countries in 2011,the sovereign and bank credit ratings for some countries were downgraded several times,and that has badly shaken international financial market confidence for an extended period.Most European countries' national borrowing costs increased,making it hard for a few of them to make ends meet.Greece and Italy had to change government.Problems and uncertainties due to interaction between debt-,bankingand politicalcrises pushed the European economy into a downturn and thereby prevented global economic recovery.While triggering an accelerated decline in oil demand by the Eurozone,the debt crises had limited overall impact on demand by emerging economies.The debt crises did weaken upward momentum in international oil prices;so will world oil demand and oil price trends be affected by the European debt crises.