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: query@reportbuyer.com

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
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, introduced the technologies required for implementing these idea...
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and sh...
FinTech is the sum of financial and technology, and it’s one of the fastest growing tech industries. Total global investments in FinTech almost reached $50 billion last year, but there is still a great deal of confusion over what it is and what it means – especially as it applies to retirement. Building financial startups is not simple, but with the right team, technology and an innovative approach it can be an extremely interesting domain to disrupt. FinTech heralds a financial revolution that...
SYS-CON Events announced today that IoT Now has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.