2013-01-08 14:02:40 - Fast Market Research recommends "Hong Kong Oil & Gas Report Q1 2013" from Business Monitor International, now available

BMI View: With no domestic energy resources, Hong Kong faces the challenge of meeting growing oil and gas demand through imports alone. Having mainland China on its doorstep helps, as the outlook for Hong Kong is linked directly to that of its parent state.

The main trends and developments we highlight for Hong Kong's oil and gas sector are:

? Natural gas is still viewed simply as a power generation fuel, but more will be consumed as gasfired capacity expands. Our forecasts are for gas consumption to rise from an estimated 3.97bcm in 2011 to 4.40bcm in 2016 and to 5.25bcm by 2021. ? Hong Kong looks set to receive gas from Central Asia by mid-2012, following a move by China's National

Energy Administration (NEA) to speed up China National Petroleum Corporation (CNPC)'s work on the Shenzhen-Hong Kong gas pipeline. The pipeline is a spur of the Second West-East Pipeline, which was completed in July 2011. Construction work on the second pipeline has started in Shenzhen, China. The completion of the Hong Kong spur will help to diversify the city's gas import sources and will help to improve access to gas. ? The rate of oil products demand growth and imports should match underlying GDP trends closely, although a drive towards energy conservation may lead to a moderation in market expansion. This suggests that oil demand will rise from an estimated 391,000b/d in 2011 to a forecast 467,000b/d by 2016 and to a possible 558,000b/d by 2021. All of this oil will be imported. ? The cost of crude oil imports is put at US$15.86bn in 2012, rising to US$15.90bn in 2016 and to US$18.65bn by 2021. However, Hong Kong actually imports refined petroleum products, meaning that the import bill is far higher than for crude. Natural gas imports in 2012 will cost an estimated US$2.10bn, and will total US$2.39bn by 2021. The total cost of crude oil and gas imports by the end of the forecast period in 2021 will be US$21.03bn. We assume an OPEC basket oil price for 2012 of US$107.5/bbl, falling to US$99.10/bbl in 2013.


Full Report Details at
- www.fastmr.com/prod/523909_hong_kong_oil_gas_report_q1_2013.aspx


Partial Table of Contents:

BMI Industry View
SWOT Analysis
- Hong Kong Oil & Gas SWOT
Industry Forecast Scenario
- Oil And Gas Reserves
- Table: Hong Kong Proven Oil & Gas Reserves And Total Petroleum Data - Historical Data And Forecasts, 2010-2016
- Table: Hong Kong Proven Oil & Gas Reserves And Total Petroleum Data - Long-Term Forecasts, 2015-2021
- Oil Supply And Demand
- Table: Hong Kong Oil Production, Consumption And Net Exports - Historical Data And Forecasts, 2010-2016
- Table: Hong Kong Oil Production, Consumption And Net Exports - Long-Term Forecasts, 2015-2021
- Gas Supply And Demand
- Table: Hong Kong Gas Production, Consumption And Net Exports - Historical Data & Forecasts, 2010-2016
- Table: Hong Kong Gas Production, Consumption and Net Exports, 2015-2021
- LNG
- Refining And Oil Products Trade
- Table: Hong Kong Refining Production And Consumption - Historical Data & Forecasts, 2010-2016
- Table: Hong Kong Refining Production And Consumption - Long-Term Forecasts 2015-2021
- Revenues/Import Costs
- Key Risks To BMI's Forecast Scenario
Oil And Gas Infrastructure
- Service Stations
- Oil Storage And Terminals
- Gas Pipelines
Country Oil & Gas Risk/Reward Ratings
- Hong Kong Upstream Rating - Overview
- Hong Kong Upstream Rating - Rewards
- Hong Kong Upstream Rating - Risks
- Hong Kong Downstream Rating - Overview
Regional Risk/Reward Ratings
- Table: Asia's Oil & Gas Risk/Rewards Ratings
- Table: Asia Upstream Risk/Reward Ratings
- Table: Asia Downstream Risk/Reward Ratings
Competitive Landscape
- Executive Summary
- Table: Key Players - Hong Kong Oil & Gas Sector
- Overview/State Role
- Licensing And Regulation
- International Energy Relations
- Table: Key Downstream Players
Company Profiles
- Shell - Summary
- Chevron - Summary
- ExxonMobil - Summary
- Sinopec/China Resources - Summary
- CLP - Summary
- HK Electric - Summary
- HKCGC - Summary
Regional Energy Market Outlook
- Table: Number Of Rigs In Operation In Asia
Global Energy Market Outlook
- Table: Global Oil Demand Forecasts - A Comparison
Asia - Regional Appendix
- Table: Oil Consumption - Historical Data & Forecasts, 2009-2016 ('000b/d)
- Table: Oil Consumption - Long-Term Forecasts, 2014-2021 ('000b/d)
- Table: Oil Production - Historical Data & Forecasts, 2009-2016 ('000b/d)
- Table: Oil Production - Long-Term Forecasts, 2014-2021 ('000b/d)
- Table: Refining Capacity - Historical Data & Forecasts, 2009-2016 ('000b/d)
- Table: Refining Capacity - Long-Term Forecasts, 2014-2021 ('000b/d)
- Table: Gas Production - Historical Data & Forecasts, 2009-2016 (bcm)
- Table: Gas Production - Long-Term Forecasts, 2014-2021 (bcm)
- Table: Gas Consumption - Historical Data & Forecasts, 2009-2016 (bcm)
- Table: Gas Consumption - Long-Term Forecasts, 2014-2021 (bcm)
- Table: LNG Exports - Historical Data & Forecasts, 2009-2016 (bcm)
- Table: Net LNG Exports - Long-Term Forecasts, 2014-2021 (bcm)
Methodology And Risks To Forecasts
Glossary Of Terms
- Table: Glossary Of Terms
Oil And Gas Risk/Reward Ratings Methodology
- Ratings Overview
-

Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=523909&dt=t

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.