what is upstream and downstream?
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upstream-in the opposite direction from that in which a stream or river flows; nearer to the source.
downstream-situated or moving in the direction in which a stream or river flows.
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The terms upstream and downstream oil and gas production refer to an oil or gas company's location in the supply chain. ...
Upstream oil and gas production is conducted by companies who identify, extract, or produce raw materials.
Downstream oil and gas production companies are closer to the end user or consumer.
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