Hong Kong Oil & Gas Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Hong Kong Oil & Gas Report

The Hong Kong Oil & Gas Report

The Hong Kong Oil & Gas Report has been researched at source in 2008, and features latest available data and forecasts for Hong Kong to end- covering headline indicators for oil & gas, LNG, coal and power; company rankings and competitive landscapes covering oil & gas exploration and production in Hong Kong , refining, oil & gas distribution and fuels retailing; and analysis of latest industry developments, trends and regulatory issues within Hong Kong .

Business Monitor International's Hong Kong Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Hong Kong oil and gas industry.

Key Benefits of Report

Coverage

Executive Summary

Summary of BMI’s key forecasts and industry analysis, covering oil and gas reserves, supply, demand, refining, coal and power, and primary energy, plus analysis of landmark company developments and key changes in the regulatory environment.

Regional Overview

Regional perspective on size and value of industry sector; comparative rankings by production, refining, imports and exports; overview of industry landscape and key players; assessment of business operating environment and latest regulatory developments.

Business Environment Rankings

A unique comparative study undertaken by BMI on the relative business climates across all regional markets covered. A rankings table highlights the merits of each market from an investor angle, giving scores for indicators such as Oil & Gas Supply and Demand Growth, Oil & Gas Reserves, Licensing Framework and the local Competitive Environment, as well as Economic and Political Risk.

Oil Market Outlook

BMI analyses and forecasts oil prices out to , monitoring supply and demand in terms of oil production and consumption across the region.

BMI 10-Year Industry Forecast

Historic data series and 10-year forecasts to end- for all key industry indicators (see list below), supported by explicit assumptions, plus analysis of key downside risks to the main forecast, including:

BMI 10-Year Macroeconomic Forecast

BMI forecasts for all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.

Competitive Landscape & Rankings

Comparative company analyses and rankings by US$ sales, % share of total sales, number of employees, year established, market cap/NAV, ownership structure, oil production (‘000 b/d) and % market share, downstream capacity (‘000 b/d) and % market share.

Company Profiles & SWOTS

Company profiles, including SWOT analyses, senior executives and full contact details, business activity, products and services, foreign direct investments and projects.

Hong Kong Oil & Gas Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Table of Contents

Chapter - Executive Summary

Chapter - SWOT Analysis

Hong-Kong Political SWOT
Hong-Kong Economic SWOT
Hong-Kong Business Environment SWOT

Chapter - Hong Kong Energy Market Overview

Chapter - Regional Energy Market Overview

Oil Supply And Demand
Table: Asia Pacific Oil Consumption (000b/d)
Table: Asia Pacific Oil Production (000b/d)
Oil: Downstream
Table: Asia Pacific Oil Refining Capacity (000b/d)
Gas Supply And Demand
Table: Asia Pacific Gas Consumption (bcm)
Table: Asia Pacific Gas Production (bcm)
Liquefied Natural Gas
Table: Asia Pacific LNG Exports/(Imports) (bcm)

Chapter - Business Environment Ranking

Asia Pacific Region
Composite Scores
Table: Regional Upstream Business Environment Rating
Table: Regional Downstream Business Environment Rating
Upstream Scores
Downstream Scores
Hong Kong Upstream Rating ''“ Overview
Hong Kong Upstream Rating ''“ Potential Returns
Hong Kong Upstream Rating ''“ Risks To Potential Returns
Hong Kong Downstream Rating ''“ Overview
Hong Kong Downstream Rating ''“ Potential Returns
Hong Kong Downstream Rating ''“ Risks To Potential Returns

Chapter - Business Environment

Legal Framework
Infrastructure
Labour Force
Foreign Investment Policy
Tax Regime
Security Risk

Chapter - Industry Forecast Scenario

Oil And Gas Reserves
Oil Supply And Demand
Gas Supply And Demand
LNG
Refining And Oil Products Trade
Revenues/Import Costs
Table: Hong Kong Oil & Gas ''“ Historical Data & Forecasts
Other Energy
Table: Hong Kong Other Energy ''“ Historical Data & Forecasts
Key Risks To BMI'''s Forecast Scenario
Long-Term Energy Outlook

Chapter - Macroeconomic Outlook

Table: Hong Kong ''“ Economic Activity

Chapter - Competitive Landscape

Executive Summary

Table: Key Players ''“ Hong Kong Oil & Gas Sector
Overview/State Role
Table: Key Downstream Players

Chapter - Company Monitor

Shell ''“ Summary
Chevron ''“ Summary
ExxonMobil ''“ Summary
Sinopec/China Resources ''“ Summary
CLP ''“ Summary
HK Electric ''“ Summary
HKCGC ''“ Summary

Chapter - Glossary Of Terms

Chapter - Oil & Gas Ratings: Revised Methodology

Introduction
Ratings Overview
Table: BMI Oil & Gas Business Environment Ratings: Structure
Indicators
Table: BMI Oil & Gas Business Environment Upstream Ratings: Methodology
Table: BMI Oil & Gas Business Environment Downstream Ratings: Methodology

Chapter - Oil & Gas Outlook: Long-Term Forecasts

Regional Oil Demand
Table: Asia Pacific Oil Consumption (000b/d)
Regional Oil Supply
Table: Asia Pacific Oil Production (000b/d)
Regional Refining Capacity
Table: Asia Pacific Oil Refining Capacity (000b/d)
Regional Gas Demand
Table: Asia Pacific Gas Consumption (bcm)
Regional Gas Supply
Table: Asia Pacific Gas Production (bcm)
Hong Kong Country Overview
Methodology & Risks To Forecasts

Chapter - BMI Forecast Modelling

How We Generate Our Industry Forecasts
Energy Industry
Cross checks
Sources
Hong Kong Oil & Gas Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Executive Summary

The latest Hong Kong Oil & Gas Report from BMI forecasts that the country will account for just 1.28% of Asia Pacific regional oil demand by 2013, while making no contribution to supply. Asia Pacific regional oil use of 21.40mn barrels per day (b/d) in 2001 reached an estimated 25.87mn b/d in 2008. It should average 25.79mn b/d in 2009, then rise to around 29.12mn b/d by 2013. Regional oil production was just under 8.41mn b/d in 2001, and averaged an estimated 8.41mn b/d in 2008. It is set to increase to 8.74mn b/d by 2013.

In terms of natural gas, in 2008 the region consumed an estimated 440bn cubic metres (bcm) and demand of 551bcm is targeted for 2013. Production of an estimated 364bcm in 2008 should reach 484bcm in 2013, but implies net imports easing from an estimated 76bcm per annum in 2008 to 67bcm in 2013. This is in spite of many Asian gas producers being major exporters. Hong Kong’s share of consumption in 2008 was an estimated 0.71%, while it has no production. By 2013, its share of demand is forecast to be 0.74%.

In terms of the OPEC basket of crudes, the average price in Q109 was an estimated US$45.78 per barrel (bbl), down 13% from the US$52.51/bbl recorded during the previous three months. During the second quarter, there has been little change to our view of oil market developments. BMI is forecasting an average OPEC basket price of US$51.30/bbl, with the March gains being retained in April, before further recovery to a possible US$57.00 is seen by June. For 2009, we are still assuming an average OPEC basket price of US$52.00/bbl (-45% year-on-year). The BMI full-year forecast implies Brent crude at US$53.73/bbl, WTI averaging US$54.90/bbl and Urals at US$52.66/bbl for 2009.

For the whole of 2009, the BMI assumption for gasoline is an average US$56.89/bbl, with the price peaking at a forecast monthly average of US$64.75/bbl in December 2009. The overall y-o-y fall in 2009 gasoline prices is put at 44.1%. For gasoil in 2009, the BMI forecast is for an average price of US$69.35/bbl, assuming a monthly high of US$94.48/bbl in December.

The full-year outturn represents a 42.8% fall from the 2008 level. The monthly average jet fuel price is forecast to range from US$53.75/bbl in February to US$96.76/bbl in December, proving an annual level of US$71.78/bbl. This compares with US$124.95/bbl in 2008.

Hong Kong’s real GDP growth is forecast by BMI to contract 3.6% in 2009, compared with growth of 2.5% in 2008. We are assuming 2.2% growth in 2010, followed by 4.3% in 2011, and 4.9% in 2012/2013.

There is no upstream or refining segment, but international oil companies (IOCs) and Chinese companies are investing in import and distribution facilities. Oil consumption is forecast to increase by around 2.5% per annum to 2013, implying demand of 373,000b/d by the end of the forecast period. Gas demand is set to reach 4.1bcm by 2013, with all of the fuel imported.

Between 2008 and 2018, we are forecasting an increase in Hong Kong oil consumption of 26.82%, with demand reaching 412,000b/d by the end of the forecast period. Oil consumption growth slows to an assumed 2.0% per annum towards the end of the period. Gas demand growth of 70.81% provides an import requirement rising to 5.4bcm by 2018. Details of BMI’s 10-year forecasts can be found in the appendix to this report, which provides global, regional and country-specific projections.

Hong Kong ranks equal 11th in BMI’s updated Upstream Business Environment rating, alongside Singapore. The poor showing reflects the absence of domestic hydrocarbons. The risk environment is much more attractive than for many Asian peers, but there are no opportunities for IOCs in the upstream segment. Hong Kong is also ranked equal 11th in BMI’s Downstream Business Environment rating, alongside Thailand, reflecting its status as a very small energy market with few investment opportunities available. It beats only Malaysia and Taiwan, due to the low risk profile.

Hong Kong Oil & Gas Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Read about our other Oil & Gas Reports

Africa

Algeria, Angola, Congo, Egypt, Equatorial Guinea, Gabon, Libya, Nigeria, South Africa and Sudan

Asia

Australia, China, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam

Caribbean

Trinidad & Tobago

Europe

Azerbaijan, Belgium, Bulgaria, Croatia, Czech Republic, France, Germany, Greece, Hungary, Italy, Kazakhstan, Norway, Poland, Romania, Russia, Slovakia, Slovenia, Spain, Turkmenistan, Ukraine and United Kingdom

Latin America

Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Peru and Venezuela

Middle East

Bahrain, Iran, Iraq, Israel, Kuwait, Oman, Qatar, Saudi Arabia, Turkey and United Arab Emirates

North America

Canada and United States
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Industry Intelligence and Market Research
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