Downstream: Difference between revisions
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imported>Doug Williamson (Broaden to incorporate downstream business generally.) |
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In the oil and gas industry the ''downstream business'' refers to distributing and selling refined and synthetic oil and gas products, together with the refining of crude oil. | In the oil and gas industry the ''downstream business'' refers to distributing and selling refined and synthetic oil and gas products, together with the refining of crude oil. | ||
4. | |||
More generally, 'downstream' and 'upstream' refer to the relative position of a business in the supply chain. | |||
'Downstream' businesses are relatively closer to the end user. | |||
Examples including petrol retailing. | |||
Revision as of 12:44, 9 September 2017
1.
In relation to guarantees, a downstream guarantee is one given by a parent company in relation to the obligations of one of its subsidiary companies.
2.
A downstream loan is a loan made by a parent company to one of its subsidiary companies.
3.
In the oil and gas industry the downstream business refers to distributing and selling refined and synthetic oil and gas products, together with the refining of crude oil.
4.
More generally, 'downstream' and 'upstream' refer to the relative position of a business in the supply chain.
'Downstream' businesses are relatively closer to the end user.
Examples including petrol retailing.
