2013-02-21 09:08:26 - Recently published research from Business Monitor International, "Egypt Oil & Gas Report Q1 2013", is now available at Fast Market Research

BMI View: Months of political turbulence - which has not abated since the election of the Muslim Brotherhood's Mohammed Morsi as president - has undermined policy as it relates to the country's most significant economic sector. With Morsi acting as president, domestic needs are taking priority over exports, as the decision to end gas supplies to Israel confirms and disruption to Jordan and Spain gas supply occurred. This will inevitably impact the pricing climate for international oil companies operating in Egypt's gas sector, potentially making it more of a struggle to secure internationally competitive rates when selling gas.

We highlight these trends and developments in Egypt's oil and gas sector:

* BMI expects Egyptian oil production to decline from 727,100 barrels

per day (b/d) in 2012 to 648,300b/d in 2021. At the same time, consumption is expected to rise significantly, from 709,200b/d to 945,700 b/d over the same period, quadrupling Egypt's oil import bill.
* Despite several proposals to increase capacity, we do not see refineries advancing over our forecast period. With refining capacity set to remain flat, imports of refined products are set to rise from 83,000b/ d in 2011 to over 370,000b/d by 2021.
* Although gas production is expected to grow from 61.1 cubic metres (bcm) to 82.1bcm in the 2012-2021 period, consumption will rise at an ever more rapid pace, from 52bcm to 76.9bcm. Gas net exports, especially through LNG will fall over the forecast period as Egypt's consumption increases sharply.
* In spite of disturbances reducing exports to Jordan to 16% of contractual agreement we see trade links to persist.
* Much is expected of recently elected President Mohammed Morsi. Egyptian General Petroleum Corporation (EGPC) and the other state companies will continue to push their own licensing rounds, hoping that the political challenges will not ensnare investment in upstream hydrocarbons projects. Results of the EGAS 2012 licensing round will come throughout H1 2013.


Full Report Details at
- www.fastmr.com/prod/536432_egypt_oil_gas_report_q1_2013.aspx


Partial Table of Contents:

BMI Industry View
SWOT
- SWOT
Industry Forecast
- Oil and Gas Reserves
- Table: Egypt Proven Oil and Gas Reserves and Total Petroleum Data, 2010-2015
- Table: Egypt Proven Oil and Gas Reserves and Total Petroleum Data 2016-2021
- Oil Supply and Demand
- Table: Egypt Oil Production, Consumption and Net Exports, 2010-2015
- Table: Egypt Oil Production, Consumption and Net Exports, 2016-2021
- Gas Supply And Demand
- Table: Egypt Gas Production, Consumption and Net Exports, 2010-2015
- Table: Egypt Gas Production, Consumption and Net Exports 2016-2021
- LNG
- Refining And Oil Products Trade
- Table: Egypt Refining - Production and Consumption, 2010-2015
- Table: Egypt Refining - Production and Consumption, 2016-2021
- Revenues/Import Costs
- Key Risks To BMI's Forecast Scenario
Industry Risk Reward Ratings
- Egypt - Risk/Reward Ratings
- Regional Risk Reward Ratings
- Table: Africa's Oil & Gas Risk/Reward Ratings
- Table: Africa's Oil & Gas Upstream Risk/Reward Ratings
- Table: Proposed And Planned Refineries In Africa
- Table: Africa's Downstream Risk/Reward Scores
Market Overview
- Egypt Energy Market Overview
- Licensing And Regulation
- Government Policy
- Licensing Rounds
- International Energy Relations
- Oil & Gas Infrastructure
- Oil Refineries
- Table: Refineries In Egypt
- Service Stations
- Oil Storage Facilities
- Oil Terminals/Ports
- Oil Pipelines
- LNG Terminals
- Table: LNG Terminals In Egypt
- Gas Pipelines
Competitive Landscape
- Table: Key Players - Egyptian Energy Sector
- Table: Key Upstream Players
- Table: Key Downstream Players
Company Profile
- Egyptian General Petroleum Corporation
- BP Egypt
- Eni Egypt
- Shell Egypt
- BG Egypt
- Apache Energy
- Dana Gas
- Edison
- RWE Dea
- Other Summaries
- Melrose Resources
- Lukoil
- ExxonMobil
- Chevron
- Reliance Industries
- Enel
- Dana Petroleum
- Hess/ Premier Oil
- Kuwait Energy Company
- TransGlobe Energy
- Egyptian Refining Company
- Vegas Oil & Gas
- Sea Dragon
- Circle Oil
- GDF Suez
- Petroceltic
- QPI
Regional Overview
Global Industry Overview
- Global Energy Market Overview
- Table: Global Oil Demand Forecasts - A Comparison
- Inflection point
- New Frontiers In Production
Appendix
- Africa - 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 Consumption - Historical Data & Forecasts, 2009-2016 (bcm)
- Table: Gas Consumption - Long-Term Forecasts, 2014-2021 (bcm)
- Table: Gas Production - Historical Data & Forecasts, 2009-2016 (bcm)
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Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=536432&dt=t

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