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Slovakia Oil & Gas Report |
Was: $1030.00 | |
| Now: $875.00 | ||
| You save: $155.00 (15%) |
The Slovakia Oil & Gas Report
- Independent 10-year oil and gas industry forecasts for Slovakia.
- Original oil and gas market research and oil and gas sector trend analysis for Slovakia’s oil and gas industry.
- Competitive intelligence, Slovak oil and gas company rankings and SWOT analyses on international and domestic oil and gas companies in Slovakia.
The Slovakia Oil & Gas Report has been researched at source in 2008, and features latest available data and forecasts for Slovakia to end- covering headline indicators for oil & gas, LNG, coal and power; company rankings and competitive landscapes covering oil & gas exploration and production in Slovakia, refining, oil & gas distribution and fuels retailing; and analysis of latest industry developments, trends and regulatory issues within Slovakia.
Business Monitor International's Slovakia Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Slovak oil and gas industry.
Key Benefits of Report
- Benchmark BMI’s Independent 10-Year Oil & Gas Industry Forecast for Slovakia to test consensus views - a key input for successful budgeting and strategic business planning in the Slovak oil and gas market.
- Target Business Opportunities & Risks in the Slovak Oil & Gas Sector through reviews of latest industry trends, regulatory changes, and major deals, projects and investments in Slovakia.
- Exploit The Latest Competitive Slovak 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 Slovakia.
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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Slovakia Oil & Gas Report |
Was: $1030.00 | |
| Now: $875.00 | ||
| You save: $155.00 (15%) |
Chapter - Executive Summary |
| SWOT Analysis |
| Slovakia Political SWOT |
| Slovakia Economic SWOT |
| Slovakia Business Environment SWOT |
Chapter - Slovakia Energy Market Overview |
| Table: Global Oil Consumption (000b/d) |
| Table: Global Oil Production (000b/d) |
Chapter - Oil Price Outlook |
| Table: Crude Price Assumptions 2007-2008 |
| Revised Forecasts |
| Table: Oil Price Forecasts |
| Table: Oil Product Price Assumptions 2008-2009 (US$/bbl) |
| Table: Oil Product Price Forecasts (US$/bbl) |
Chapter - Regional Energy Market Overview |
| Oil Supply And Demand |
| Table: Central/Eastern Europe Oil Consumption (000b/d) |
| Table: Central/Eastern Europe Oil Production (000b/d) |
| Oil: Downstream |
| Table: Central/Eastern Europe Oil Refining Capacity (000b/d) |
| Gas Supply And Demand |
| Table: Central/Eastern Europe Gas Consumption (bcm) |
| Table: Central/Eastern Europe Gas Production (bcm) |
| Liquefied Natural Gas |
Chapter - Business Environment Ranking |
| Central/Eastern Europe Region |
| Composite Scores |
| Table: Regional Upstream Business Environment Rating |
| Upstream Scores |
| Downstream Scores |
| Slovakia Upstream Rating – Overview |
| Slovakia Upstream Rating – Potential Returns |
| Slovakia Upstream Rating – Risks To Potential Returns |
| Slovakia Downstream Rating – Overview |
| Slovakia Downstream Rating – Potential Returns |
| Slovakia Downstream Rating – Risks To Potential Returns |
Chapter - Business Environment |
| Legal Framework |
| Infrastructure |
| Labour Force |
| Foreign Investment Policy |
| Tax Regime |
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: Slovakia Oil & Gas – Historical Data & Forecasts |
| Other Energy |
| Table: Slovakia Other Energy – Historical Data & Forecasts |
| Key Risks To BMI's Forecast Scenario |
| Long-Term Oil & Gas Outlook |
Chapter - Macroeconomic Outlook |
| Table: Slovakia – Economic Activity |
Chapter - Competitive Landscape |
Executive Summary |
| Table: Key Players – Slovak Oil & Gas Sector |
| Overview/State Role |
| Table: Key Downstream Players |
Chapter - Company Monitor |
| Slovnaft |
| OMV Slovakia |
| Slovenský Plynárenský Priemysel (SPP) – Summary |
| JKX Oil And Gas – Summary |
| Shell – Summary |
| BP – Summary |
| Eni – Summary |
Chapter - Glossary of Terms |
| 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 |
| Global Oil Demand |
| Table: Global Oil Demand (000b/d) |
| Table: Global Oil Production (000b/d) |
| Global Oil Supply |
| Global Gas Demand |
| Table: Global Gas Demand (bcm) |
| Global Gas Supply |
| Table: Global Gas Production (bcm) |
| Regional Oil Demand |
| Table: CEE Oil Consumption (000b/d) |
| Regional Oil Supply |
| Table: CEE Oil Production (000b/d) |
| Regional Refining Capacity |
| Table: CEE Oil Refining Capacity (000b/d) |
| Regional Gas Demand |
| Table: CEE Gas Consumption (bcm) |
| Regional Gas Supply |
| Table: CEE Gas Production (bcm) |
| Slovakia Country Overview |
| Table: Slovakia Oil & Gas – Long-Term Forecasts |
| Table: Slovakia Other Energy – Long-Term Forecasts |
| Methodology & Risks To Forecasts |
Chapter - BMI Forecast Modelling |
| How We Generate Our Industry Forecasts |
| Energy Industry |
| Cross checks |
| Sources |
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Slovakia Oil & Gas Report |
Was: $1030.00 | |
| Now: $875.00 | ||
| You save: $155.00 (15%) |
The latest Slovakia Oil & Gas Report from BMI forecasts that the country will account for 1.63% of Central and Eastern European (CEE) regional oil demand by 2013, while providing no significant contribution to supply. CEE regional oil use of 4.65mn barrels per day (b/d) in 2001 rose to 5.27mn b/d in 2007. It should average 5.36mn b/d in 2008 and then rise to around 5.99mn b/d by 2013. Regional production of 12.92mn b/d in 2007 is forecast to reach 14.96mn b/d by 2013. In terms of natural gas, the region in 2007 consumed 619bn cubic metres (bcm), with demand of 753bcm targeted for 2013, representing 21.61% growth. Production of 756bcm in 2007 should reach 913bcm in 2013, which implies net exports rising from 137bcm in 2007 to 161bcm by the end of the period. Slovakia’s share of gas consumption in 2007 was 0.95%, while its share of production was negligible. By 2013, its share of demand is forecast be 0.98%.
In Q308, we estimate that the OPEC basket price averaged US$113.60 per barrel (bbl) – down around 3.4% from the Q208 level. The OPEC basket price averaged US$112.41/bbl in August and US$97.16/bbl in September. In October, we are assuming an average of around US$113.30/bbl. The estimated Q308 average prices for the main marker blends are now US$115.67/bbl for Brent, US$117.22/bbl for West Texas Intermediate (WTI) and US$113.43/bbl for Russian Urals (Mediterranean delivery). Our projections for 2008 as a whole are unchanged from the last oil market report. We are still assuming an OPEC basket price average of US$110/bbl for 2008. Based on recent price differentials, this implies Brent at US$113.33/bbl, WTI averaging US$114.58/bbl, and Urals at US$110.36/bbl. Our central view is that the OPEC basket price will fall from US$110/bbl in 2008 to US$96/bbl in 2009, before settling around US$90/bbl in 2010 onwards.
In terms of our refined products forecasts, the BMI composite (Rotterdam, Singapore and New York) global indicator price for unleaded gasoline is expected to average approximately US$117.50/bbl during 2008. Our jet forecast for 2008 is just under US$141/bbl, up from US$89/bbl in 2007. The 60% annual increase represents the second biggest for the key refined products. With gasoil, BMI is assuming a similar gain in 2008, to an average US$137/bbl. Naphtha is expected to exhibit more modest growth, rising from US$75/bbl to US$106/bbl (+41%). During 2009, we are expecting products prices to follow the underlying crude trend lower, but to prove more resilient than the feedstock – implying a recovery in refining margins. Gasoline in 2009 is estimated at US$103/bbl, with jet falling to US$127/bbl. Gasoil is expected to average US$122/bbl, with naphtha slipping to US$91/bbl.
Slovak real GDP growth is now forecast by BMI at 7.6% for 2008, down from 10.4% in 2007. We are assuming 4.4% growth in 2009, 4.8% in 2010 and 4.2% in 2011, followed by 4.1% in 2012. Oil consumption is forecast to rise rapidly, averaging 4-5% per annum and keeping pace with underlying GDP growth. There is scope for oil consumption to reach 98,000b/d by 2013. This volume will be imported, largely from Russia. Natural gas demand may also rise at a more rapid rate if the power industry builds new gas-fired plants, although the residential gas market is close to saturation. Our forecast is for Slovakia to be consuming 7.4bcm of gas by 2013, virtually all of which will be imported.
Between 2007 and 2018, we are forecasting an increase in Slovak oil consumption of 41.8%, with import volumes rising steadily from 79,000b/d to 113,000b/d by the end of the 10-year forecast period. Gas consumption is expected to up from 5.9bcm to 9.4bcm by 2018, met largely by imports. Details of the new BMI 10-year forecasts can be found in the appendix to this report, which provides global, regional and country-specific projections.
Slovakia occupies equal sixth place with Ukraine in BMI’s updated Upstream Business Environment rating. Licensing, privatisation and country risk factors account for its mid-table score, rather than hydrocarbons wealth. Over the medium term, Slovakia it is at some risk from Romania below. The country is in the lower half of the league table in BMI’s Downstream Business Environment rating. Only in oil demand growth potential does the country score particularly well and progress further up the rankings from ninth place seems unlikely over the medium term. Country risk factors are generally favourable and there is an established competitive landscape. Turkmenistan is just one point below it in the regional rankings, and there is some risk of the Caspian state challenging for Slovakia’s position.
|
Slovakia 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, 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, 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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