The largest investment has been tagetted at Rijeka, Croatia's principal port and the only one with a container terminal. In December , Links of London new km road, which cost USmn and took almost two years to complete, was opened in the city. The road is designed to enhance Rijeka's ambition to become a serious European transport hub. The port of Rijeka itself is currently in the process of major redevelopmentLinks of London T Charm having secured a World Bank loan in , worth US.mn. This is to finance the Rijeka Gateway II project which envisages the expansion of existing terminals at the port and the construction of an entirely new facility capable of accommodating larger vessels. Global Oil Products Price Outlook Changing Up A Gear Gasoline has remained the major blot on an improving landscape for fuel producers, with signs of recovery appearing in the distillates segment as industrial and commercial activity picks up. The closer correlation between gasoil use and the underlying economy means that prices and inventory levels are currently benefiting from the fragile recovery as well as the arrival of colder weather in key consuming regions. Gasoline stocks and prices are struggling, however, with pump prices high enough to depress Links of London S Charm, while ongoing fuelefficiency efforts and increasing use of diesel as a substitute make it a tricky market for refiners. In the UK and Europe, motor vehicle fuel economy is improving by per annum, with an obvious knockon effect in terms of gasoline and diesel use. With the US planning higher standards for car fuel efficiency, gasoline producers in the developed markets will continue to have a hard time with most new growth in fuels demand coming from the nonOECD world. September is thought to have seen a ,bd fall in US demand for gasoline. Fortunately, reduced supply meant that inventories emerged a Links of London R Charm lower, helping provide some price support. However, gasoline stocks are almost above the fiveyear average, so there is a lot of excess weight to be shed before any semblance of market balance or sustained price appreciation can be expected.
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