2013-02-28 12:32:30 -
Fast Market Research recommends "Taiwan Oil & Gas Report Q2 2013" from Business Monitor International, now available
BMI View: Plans are presently underway to begin deepwater exploration off Taiwan's south-western coast in the South China Sea. Meanwhile, a growing appetite for imported gas has created a need for fresh LNG purchase schemes, with Australian and Qatari volumes on the rise and Papua New Guinea set to become a new source of supply.
The main trends and developments we highlight in the Taiwanese Oil and Gas sector are:
* In December 2012, state-owned CPC Corporation and Husky Energy reached an agreement to cooperate deepwater exploration projects off the south-western coast of Taiwan in the South China Sea. Any discoveries would serve as a boost to Taiwan's bleak upstream outlook significantly. Successes would also confirm the resource potential of the
eastern South China Sea, where China - led by CNOOC - is actively stepping up its exploration efforts.
* The location for a third LNG terminal has been finalised and is set to be constructed near Taipei. Operations are expected to commence in 2018.
* Given large industrial demand, which is inherent in the energy equation, consumption of oil and power is expected to move broadly in line with the GDP trend. Taiwan's domestic crude oil production is expected to be around 500 barrels per day (b/d) in 2013, meaning virtually all of the country's oil is imported. Our forecasts for crude oil consumption are for an increase from an estimated 0.97mn b/d in 2013 to around 1.07mn b/d by 2017, and to 1.22mn b/d by 2022.
* For 2013, Taiwan's oil and gas import bill is forecast by BMI at US$43.7bn, assuming an OPEC basket oil price of US$99.1 per barrel (bbl). By 2017, and assuming an oil price of US$93.3/bbl, combined oil and gas costs are put at US$46.9bn, rising to US$49.2bn by 2021, when the oil price assumption is US $91.50/bbl.
Full Report Details at
-
www.fastmr.com/prod/541289_taiwan_oil_gas_report_q2_2013.aspx
Report Table of Contents:
BMI Industry View
SWOT
Industry Forecast
- Table: Taiwan Proven Oil & Gas Reserves And Total Petroleum Data, 2011-2016
- Table: Taiwan Proven Oil & Gas Reserves And Total Petroleum Data, 2017-2022
- Table: Taiwan Oil Production, Consumption And Net Exports, 2011-2016
- Table: Taiwan Oil Production, Consumption And Net Exports, 2017-2022
- Table: Taiwan Gas Production, Consumption And Net Exports, 2011-2016
- Table: Taiwan Gas Production, Consumption And Net Exports, 2017-2022
- Table: Taiwan Refining - Production And Consumption, 2011-2016
- Table: Taiwan Refining - Production And Consumption, 2017-2022
- Oil And Gas Reserves
- Oil Supply And Demand
- Gas Supply And Demand
- LNG
- Refining And Oil Products Trade
- Revenues/Import Costs
- Key Risks To BMI's Forecast Scenario
Industry Risk Reward Ratings
- Taiwan Risk Reward Ratings
- Taiwan Upstream Rating - Overview
- Taiwan Upstream Rating - Rewards
- Taiwan Upstream Rating - Risks
- Taiwan Downstream Rating - Overview
- Regional Risk Reward Ratings
- Table: Table: Asia's Oil & Gas Risk/Rewards Ratings
- Upstream Hindrance
- Crude Requirement
- Gasifying Asia
- Table: Table: Asia O&G Upstream Risk/Reward Ratings
- Table: Table: Asia O&G Downstream Risk/Reward Ratings
Market Overview
- Taiwan Energy Market Overview
- Oil and Gas Infrastructure
- Oil Refineries
- Table: Refineries In Taiwan
- Service Stations
- Oil Storage
- LNG Terminals
- Gas Pipelines
Competitive Landscape
- Table: Key Players - Taiwan Oil & Gas Sector
- Table: Key Upstream Player
- Table: Key Downstream Players
Company Profile
- Chinese Petroleum Corporation (CPC)
- Company Profile
- Other Companies - Summary
Regional Overview
- Regional Energy Market Overview
- Table: List of Selected LNG Liquefaction Terminals In Australia and PNG
Global Industry Overview
- Global Energy Market Overview
- Table: BMI's Oil Price Forecasts & Bloomberg Analyst Consensus, Average Price (US$/bbl)
- Table: Global Oil Demand Forecasts
Appendix
- Asia - Regional Appendix
- Table: Oil Consumption - Historical Data & Forecasts, 2010-2017 ('000b/d)
- Table: Oil Consumption - Long-Term Forecasts, 2014-2021 ('000b/d)
- Table: Oil Production - Historical Data & Forecasts, 2010-2017 ('000b/d)
- Table: Oil Production - Long-Term Forecasts, 2014-2021 ('000b/d)
- Table: Refining Capacity - Historical Data & Forecasts, 2010-2017 ('000b/d)
- Table: Refining Capacity - Long-Term Forecasts, 2014-2021 ('000b/d)
- Table: Gas Production - Historical Data & Forecasts, 2010-2017 (bcm)
- Table: Gas Production - Long-Term Forecasts, 2014-2021 (bcm)
- Table: Gas Consumption - Historical Data & Forecasts, 2010-2017 (bcm)
- Table: Gas Consumption - Long-Term Forecasts, 2014-2021 (bcm)
- Table: LNG Exports - Historical Data & Forecasts, 2010-2017 (bcm)
- Table: Net LNG Exports - Long-Term Forecasts, 2014-2021 (bcm)
Glossary
- Table: Glossary Of Terms
Methodology
- Energy Industry
- Cross checks
- Sources
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.