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Hong Kong Oil & Gas Report |
Was: $1030.00 | |
| Now: $875.00 | ||
| You save: $155.00 (15%) |
The Hong Kong Oil & Gas Report
- Independent 10-year oil and gas industry forecasts for Hong Kong .
- Original oil and gas market research and oil and gas sector trend analysis for Hong Kong ’s oil and gas industry.
- Competitive intelligence, Hong Kong oil and gas company rankings and SWOT analyses on international and domestic oil and gas companies in Hong Kong .
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
- Benchmark BMI’s Independent 10-Year Oil & Gas Industry Forecast for Hong Kong to test consensus views - a key input for successful budgeting and strategic business planning in the Hong Kong oil and gas market.
- Target Business Opportunities & Risks in the Hong Kong Oil & Gas Sector through reviews of latest industry trends, regulatory changes, and major deals, projects and investments in Hong Kong .
- Exploit The Latest Competitive Hong Kong Oil & Gas Intelligence & Company SWOTS on your competitors and peers through company rankings by sales, market share and ownership structure - includes multi national and national companies in Hong Kong .
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:
- Oil reserves (bn barrels), production, consumption, refinery capacity and throughputs (000 b/d)
- Oil exports (000 b/d), value of oil exports (US$mn - BMI base case) - Oil price (US$/bbl, OPEC basket)
- Value of oil exports at constant US$30/bbl and constant US$60/bbl (US$mn)
- Proven gas reserves (tcm), production and consumption (bcm)
- Gas exports/(imports) (bcm)
- Value of gas exports/(imports) (US$mn); value of gas exports/(imports) at constant US$30/bbl and US$60/bbl (US$mn)
- Value of petroleum exports (US$mn); value of petroleum exports at constant US$30/bbl and US$60/bbl (US$mn)
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.
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Hong Kong Oil & Gas Report |
Was: $1030.00 | |
| Now: $875.00 | ||
| You save: $155.00 (15%) |
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 |
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Hong Kong Oil & Gas Report |
Was: $1030.00 | |
| Now: $875.00 | ||
| You save: $155.00 (15%) |
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%) |
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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