|
Philippines Oil & Gas Report |
Was: $1030.00 | |
| Now: $875.00 | ||
| You save: $155.00 (15%) |
The Philippines Oil & Gas Report
- Independent 10-year oil and gas industry forecasts for the Philippines .
- Original oil and gas market research and oil and gas sector trend analysis for the Philippines ’s oil and gas industry.
- Competitive intelligence, Philippine oil and gas company rankings and SWOT analyses on international and domestic oil and gas companies in the Philippines .
The Philippines Oil & Gas Report has been researched at source in 2008, and features latest available data and forecasts for the Philippines to end- covering headline indicators for oil & gas, LNG, coal and power; company rankings and competitive landscapes covering oil & gas exploration and production in the Philippines , refining, oil & gas distribution and fuels retailing; and analysis of latest industry developments, trends and regulatory issues within the Philippines .
Business Monitor International's the Philippines Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Philippine oil and gas industry.
Key Benefits of Report
- Benchmark BMI’s Independent 10-Year Oil & Gas Industry Forecast for the Philippines to test consensus views - a key input for successful budgeting and strategic business planning in the Philippine oil and gas market.
- Target Business Opportunities & Risks in the Philippine Oil & Gas Sector through reviews of latest industry trends, regulatory changes, and major deals, projects and investments in the Philippines .
- Exploit The Latest Competitive Philippine 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 the Philippines .
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.
|
Philippines Oil & Gas Report |
Was: $1030.00 | |
| Now: $875.00 | ||
| You save: $155.00 (15%) |
Chapter - Executive Summary |
Chapter - SWOT Analysis |
| Philippines Political SWOT |
| Philippines Economic SWOT |
| Philippines Business Environment SWOT |
Chapter - Philippines 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 |
| Philippines Upstream Rating ''“ Overview |
| Philippines Upstream Rating ''“ Potential Returns |
| Philippines Upstream Rating ''“ Risks To Potential Returns |
| Philippines Downstream Rating ''“ Overview |
| Philippines Downstream Rating ''“ Potential Returns |
| Philippines 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 |
| Refining And Oil Products Trade |
| Revenues/Import Costs |
| Table: Philippines Oil & Gas ''“ Historical Data & Forecasts |
| Other Energy |
| Table: Philippines Other Energy ''“ Historical Data & Forecasts |
| Key Risks To Forecast Scenario |
| Long-Term Energy Outlook |
Chapter - Macroeconomic Outlook |
| Table: Philippines - Economic Activity |
Chapter - Competitive Landscape |
Executive Summary |
| Table: Key Players ''“ Philippines Oil & Gas Sector |
| Overview/State Role |
| Table: Key Upstream Players |
| Table: Key Downstream Players |
Chapter - Company Monitor |
| Philippines National Oil Company (PNOC) |
| Petron Corporation |
| Pilipinas Shell Petroleum |
| Chevron Philippines |
| Nido Petroleum ''“ Summary |
| PTT ''“ Summary |
| Total ''“ Summary |
| Otto Energy ''“ Summary |
| ExxonMobil ''“ Summary |
| Petro Energy ''“ Summary |
| Bio-Genex Laboratories''“ Summary |
| Others ''“ 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) |
| Philippines Country Overview |
| Methodology & Risks To Forecasts |
Chapter - BMI Forecast Modelling |
| How We Generate Our Industry Forecasts |
| Energy Industry |
| Cross checks |
| Sources |
|
Philippines Oil & Gas Report |
Was: $1030.00 | |
| Now: $875.00 | ||
| You save: $155.00 (15%) |
The latest Philippines Oil & Gas Report from BMI forecasts that the country will account for 1.17% of Asia Pacific regional oil demand by 2013, while providing 0.80% of 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, and 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 486bcm in 2013, but implies net imports easing from an estimated 76bcm per annum in 2008 to 65bcm in 2013. This is in spite of many Asian gas producers being major exporters. The Philippines’ estimated share of gas consumption in 2008 was 0.77%, while its share of production is put at 0.93%. By 2013, its share of gas consumption is forecast to be 0.93%, with the country accounting for 1.05% of supply.
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, WTI averaging US$54.90/bbl and Urals at US$52.66 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 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 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.
The Philippines’ real GDP growth is forecast by BMI at 2.8% for 2009, down from 4.6% in 2008. We are assuming 3.4% growth in 2010, 4.7% in 2011, followed by 4.4% in 2012, and 4.2% in 2013. There is international oil company (IOC) and national involvement in domestic upstream activities, leading to substantial gas output growth and some modest liquids expansion. We are assuming oil and gas liquids production of no more than 70,000b/d by 2012/2013, with the country pumping an estimated 60,000b/d in 2009. Beyond 2009, consumption is forecast to increase by up to 3% per annum to 2013.
The import requirement would therefore be about 269,000b/d by 2013. Gas demand is forecast to rise from an estimated 3.4bcm in 2008 to 5.1bcm by 2013, with imports required beyond the end of the forecast period.
Between 2008 and 2018, we are forecasting a reduction in Philippines oil production of 5.0%, with crude volumes peaking at 70,000b/d in 2012/2013 before falling steadily to 54,000b/d in 2018. Oil consumption between 2008 and 2018 is set to increase by 26.8%, with growth slowing to an assumed 3.5% per annum towards the end of the period and the country using 38,6000b/d by 2018. Gas production is expected to rise from around 3.4bcm in 2008 to a possible 7.0bcm by 2017/2018.
With demand growth of 132.4%, this requires up to 1bcm of imports. Details of BMI’s 10-year forecasts can be found in the appendix to this report, which provides global, regional and country-specific projections.
The Philippines now ranks sixth in BMI’s updated Upstream Business Environment rating, reflecting a reasonable resource position and a better-than-average output growth outlook. The country sits just behind Malaysia. The country now ranks equal eighth with Vietnam in our Downstream Business Environment rating, reflecting its modest refinery capacity expansion plans, reasonable oil and gas demand growth outlook and relatively low level of retail site intensity.
|
Philippines 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, Hong Kong, India, Indonesia, Japan, Malaysia, Pakistan, 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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