Welcome!

News Feed Item

China Oil and Gas Report Q3 2014

LONDON, Aug. 4, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report:

China Oil and Gas Report Q3 2014

http://www.reportbuyer.com/energy_utilities/oil_gas/china_oil_gas_report_q3_2013_1.html

Includes 3 FREE quarterly updates

BMI View:

While China is increasingly dependent on energy imports - particularly gas - owing to rapid growth in its energy demand, there are considerable investment opportunities in its upstream segment. Concerted efforts by the government to improve the economics of gas production and conditions for private investment have allowed for some opening for greater private and foreign involvement. However, expansion opportunities in the downstream look to be increasingly limited as the government restricts new short-term investments to battle both the problems of a potential overcapacity in the market, and the country's environmental problems.

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

- Much of the China's crude oil production upside will come from increased output from fields yet to reach peak capacity, while enhanced oil recovery (EOR) measures will also help to maintain production levels at older fields. We expect Chinese production (less refining gains) to rise over the next few years, peaking at 4.4mn barrels per day (b/d) in 2017 before declining to 4.2mn b/d by 2023.

BMI Industry View 9

SWOT 11

Industry Forecast .. 13

Oil And Gas Reserves .. 13

Table: China Proven Oil & Gas Reserves & Total Petroleum Data: Historical Data & Forecasts, 2012-2017 . . 13

Table: China Proven Oil & Gas Reserves & Total Petroleum Data: Long-Term Forecasts, 2018-2023 14

Offshore China . 15

Table: Estimates For Resources In East China And South China Sea . . 16

Table: Offshore Discoveries In Recent Years . . 16

Table: Notable Offshore JVs . 18

Coal-bed Methane (CBM) 19

Shale Liquids & Gas . 19

Table: Recoverable Shale Gas Estimates In China . . 20

Table: Major IOC Involvement In China's Shale Gas Exploration 22

Oil Supply And Demand .. 28

Table: China Oil Production & Net Exports: Historical Data & Forecasts, 2012-2017 . . 28

Table: China Oil Production & Net Exports: Long-Term Forecasts, 2018-2023 . 29

Oil Consumption .. 32

Refining And Oil Products Trade .. 34

Table: China Refining - Production & Consumption: Historical Data & Forecasts, 2012-2017 . . 34

Table: China Refining - Production & Consumption: Long-Term Forecasts, 2018-2023 . 35

Gas Supply And Demand . 40

Table: China Gas Production, Consumption & Net Exports: Historical Data & Forecasts, 2012-2017 40

Table: China Gas Production, Consumption & Net Exports: Long-Term Forecasts, 2018-2023 . . 41

LNG 54

Table: Major LNG Supply Deals . . 54

Key Risks To BMI's Forecast Scenario . 56

Industry Risk Reward Ratings 57

China - Risk/Reward Ratings 57

China Upstream Rating - Overview . 57

China Upstream Rating - Rewards .. 57

China Upstream Rating - Risks . 57

China Downstream Rating - Overview 58

Asia - Risk/Reward Ratings .. 58

Table: Asia's Oil & Gas Risk/Reward Ratings 59

The Upstream Leaders . 60

Resource-Rich Countries Hit By State Involvement 62

Table: Asia Upstream Sector Risk/Reward Ratings . 65

Downstream Support 65

Table: Asia O&G Downstream Risk/Reward Ratings . . 70

Market Overview 71

China Energy Market Overview .. 71

Overview/State Role . 72

Government Policy .. 74

Table: Offshore Production Royalty Structure 77

Licensing Rounds . 81

Table: Winners Of Second Shale Gas Licensing Round 82

Table: 2013 Open Blocks In Offshore China For Foreign Cooperation . 83

International Energy Relations .. 84

Table: Key Chinese Investment In African Upstream . . 99

Table: Key Chinese Downstream Investment In Africa 101

Oil And Gas Infrastructure . 102

Oil Refineries 102

Table: Refineries In China . 102

Coal-To-Liquids (CTL) Plants 110

Oil Storage Facilities .. 111

Table: China's Strategic Petroleum Reserve . 111

Table: China's Commercial Oil* Storage Capacity 112

Table: Commercial Crude Oil Storage Terminals In China . 112

Oil Pipelines .. 113

LNG Receiving Terminals . 116

Table: LNG Terminals In China . . 116

Gas Storage Facilities 123

Gas Pipelines . 124

CBM Pipeline .. 126

Coal-To-Gas (CTG) Plants . 126

Coal-To-Gas Pipeline .. 127

Competitive Landscape .. 129

Competitive Landscape Summary 129

Table: Key Players - Chinese Oil And Gas Sector . 130

Table: Key Upstream Players . 131

Table: Key Downstream Players . 131

Company Profile .. 132

China National Petroleum Corporation (CNPC) 132

PetroChina 137

Sinopec .. 143

China National Offshore Oil Corporation (CNOOC) 150

Shell (China) 159

BP China .. 163

ExxonMobil China .. 166

Husky Energy .. 168

Chevron . 171

Total .. 174

Other Summaries . 177

Regional Overview . 181

Asia Overview .. 181

The World's Largest Oil Guzzler . 181

Tightening In The Downstream 185

Gas Market Potential Set To Outshine Oil . 189

A Hot Market For LNG . 193

The Centre Of The LNG Price Debate 196

Global Industry Overview 198

Global Energy Market Overview .. 198

OPEC Reconsiders Modus Operandi . 200

Production Outages Look Likely To Persist .. 201

Global Oil Demand Picks Up .. 202

Capex Growth Cycle Shifting Gears 204

Table: BMI Oil Price Forecasts, Annual Average, USD/bbl 204

Appendix .. 207

Asia - Regional Appendix 207

Table: Oil Consumption - Historical Data & Forecasts, 2011-2018 ('000b/d) . 207

Table: Oil Consumption - Long-Term Forecasts, 2015-2023 ('000b/d) 208

Table: Oil Production - Historical Data & Forecasts, 2011-2018 ('000b/d) . 209

Table: Oil Production - Long-Term Forecasts, 2015-2023 ('000b/d) . . 209

Table: Refining Capacity - Historical Data & Forecasts, 2011-2018 ('000b/d) 210

Table: Refining Capacity - Long-Term Forecasts, 2015-2023 ('000b/d) 211

Table: Gas Production - Historical Data & Forecasts, 2011-2018 (bcm) 212

Table: Gas Production - Long-Term Forecasts, 2015-2023 (bcm) . . 213

Table: Gas Consumption - Historical Data & Forecasts, 2011-2018 (bcm) . 214

Table: Gas Consumption - Long-Term Forecasts, 2015-2023 (bcm) 214

Table: LNG Exports - Historical Data & Forecasts, 2011-2018 (bcm) 215

Table: Net LNG Exports - Long-Term Forecasts, 2015-2023 (bcm) 216

China - Refined Products Breakdown, 10-year Forecasts 218

Table: China Refined Petroleum Products, Production Breakdown, 2012-2017 218

Table: China Refined Petroleum Products, Production Breakdown, 2018-2023 219

Table: China Refined Petroleum Products, Consumption Breakdown, 2012-2017 . 220

Table: China Refined Petroleum Products, Consumption Breakdown, 2018-2023 . 221

Table: China Refined Petroleum Products, Net Exports Breakdown, 2012-2017 222

Table: China Refined Petroleum Products, Net Exports Breakdown, 2018-2023 223

Table: China LPG Production, Consumption and Net Exports, 2012-2017 . . 224

Table: China LPG Production, Consumption and Net Exports, 2018-2023 . . 224

Glossary 226

Table: Glossary Of Terms . . 226

Methodology .. 228

Industry Forecast Methodology .. 228

Source . 230

Risk/Reward Ratings Methodology . 230

Table: Bmi's Oil & Gas Upstream Risk/Reward Ratings . 232

Table: Weighting . . 233

 

 

Read the full report:

China Oil and Gas Report Q3 2014

http://www.reportbuyer.com/energy_utilities/oil_gas/china_oil_gas_report_q3_2013_1.html

For more information:

Sarah Smith

Research Advisor at Reportbuyer.com

Email: [email protected]

Tel: +44 208 816 85 48

Website: www.reportbuyer.com

 

 

SOURCE ReportBuyer

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
For years the world's most security-focused and distributed organizations - banks, military/defense agencies, global enterprises - have sought to adopt cloud technologies that can reduce costs, future-proof against data growth, and improve user productivity. The challenges of cloud transformation for these kinds of secure organizations have centered around data security, migration from legacy systems, and performance. In our presentation, we will discuss the notion that cloud computing, properl...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions need to be truly scalable. Far from it. There are at least six major pain points that companies experience when they try to deploy and run Kubernetes in their complex environments. In this presentation, the speaker will d...
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
When applications are hosted on servers, they produce immense quantities of logging data. Quality engineers should verify that apps are producing log data that is existent, correct, consumable, and complete. Otherwise, apps in production are not easily monitored, have issues that are difficult to detect, and cannot be corrected quickly. Tom Chavez presents the four steps that quality engineers should include in every test plan for apps that produce log output or other machine data. Learn the ste...
Digital Transformation is well underway with many applications already on the cloud utilizing agile and devops methodologies. Unfortunately, application security has been an afterthought and data breaches have become a daily occurrence. Security is not one individual or one's team responsibility. Raphael Reich will introduce you to DevSecOps concepts and outline how to seamlessly interweave security principles across your software development lifecycle and application lifecycle management. With ...
The vast majority of businesses now use cloud services, yet many still struggle with realizing the full potential of their IT investments. In particular, small and medium-sized businesses (SMBs) lack the internal IT staff and expertise to fully move to and manage workloads in public cloud environments. Speaker Todd Schwartz will help session attendees better navigate the complex cloud market and maximize their technical investments. The SkyKick co-founder and co-CEO will share the biggest challe...
Enterprises are striving to become digital businesses for differentiated innovation and customer-centricity. Traditionally, they focused on digitizing processes and paper workflow. To be a disruptor and compete against new players, they need to gain insight into business data and innovate at scale. Cloud and cognitive technologies can help them leverage hidden data in SAP/ERP systems to fuel their businesses to accelerate digital transformation success.
Dhiraj Sehgal works in Delphix's product and solution organization. His focus has been DevOps, DataOps, private cloud and datacenters customers, technologies and products. He has wealth of experience in cloud focused and virtualized technologies ranging from compute, networking to storage. He has spoken at Cloud Expo for last 3 years now in New York and Santa Clara.
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Machine learning provides predictive models which a business can apply in countless ways to better understand its customers and operations. Since machine learning was first developed with flat, tabular data in mind, it is still not widely understood: when does it make sense to use graph databases and machine learning in combination? This talk tackles the question from two ends: classifying predictive analytics methods and assessing graph database attributes. It also examines the ongoing lifecycl...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...