Downstream: Difference between revisions
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imported>Doug Williamson (Broaden to incorporate downstream business generally.) |
imported>Doug Williamson (Add examples to 3rd definition.) |
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3. | 3. | ||
In the oil and gas industry the ''downstream | 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. | ||
Examples of downstream business include petrol and domestic gas retailing. | |||
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'Downstream' businesses are relatively closer to the end user. | 'Downstream' businesses are relatively closer to the end user. | ||
== See also == | == See also == | ||
* [[Guarantee]] | * [[Guarantee]] | ||
* [[Legal implications of cash pooling structures]] | |||
* [[OPEC]] | * [[OPEC]] | ||
* [[Upstream]] | * [[Upstream]] | ||
[[Category:The_business_context]] | |||
Revision as of 22:47, 17 January 2019
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.
Examples of downstream business include petrol and domestic gas retailing.
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.
