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

The Taiwan Oil & Gas Report

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

Business Monitor International's Taiwan Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Taiwanese 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.

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

Chapter - Executive Summary

SWOT Analysis
Taiwan Political SWOT
Taiwan Economic SWOT
Taiwan Business Environment SWOT

Chapter - Taiwan Energy Market Overview

Global Oil Market Outlook
Storing Up Trouble
Revised Forecasts

Chapter - Global Oil Market Review

One-Way Traffic
Table: Global Oil Consumption (000b/d)
12-Month Demand Outlook
Table: Global Oil Production (000b/d)
12-Month Supply Outlook
Longer-Term Supply And Demand
Oil Price Assumptions
Table: Crude Price Assumptions 2008/2009
Table: Oil Price Forecasts

Chapter - Global Oil Products Price Outlook

Table: Oil Product Price Assumptions 2009 (US$/bbl)
Table: Oil Product Price Forecasts (US$/bbl)

Chapter - Global Oil Products Market Review

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
Regional Upstream Business Environment Rating
Table: Regional Downstream Business Environment Rating
Upstream Scores
Downstream Scores
Taiwan Upstream Rating – Overview
Taiwan Upstream Rating – Potential Returns
Taiwan Upstream Rating – Risks To Potential Returns
Taiwan Downstream Rating – Overview
Taiwan Downstream Rating – Potential Returns
Taiwan 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
LNG
Refining And Oil Products Trade
Revenues/Import Costs
Table: Taiwan Oil & Gas – Historical Data & Forecasts
Other Energy
Table: Taiwan Other Energy – Historical Data & Forecasts
Key Risks To Forecast Scenario
Long-Term Energy Outlook

Chapter - Macroeconomic Outlook

Table: Taiwan – Economic Activity

Chapter - Competitive Landscape

Executive Summary

Table: Key Players Taiwan Oil & Gas Sector
Overview/State Role
Table: Key Upstream Player
Table: Key Downstream Players

Chapter - Company Monitor

Chinese Petroleum Corporation (CPC)
Formosa Petrochemical Corporation (FPCC)
NPC – Summary
Tung Ting Gas – Summary
Shell – Summary
ExxonMobil – 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: 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)
Taiwan Country Overview
Methodology & Risks To Forecasts

Chapter - BMI Forecast Modelling

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

The latest Taiwan Oil & Gas Report from BMI forecasts that the country will account for 4.34% of Asia Pacific regional oil demand by 2013, while making no meaningful 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 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.

Taiwan’s estimated share of gas consumption in 2008 was 2.78%, while its share of production was minimal. By 2013, its share of gas consumption is forecast to be 2.68%.

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.

Taiwanese real gross domestic product (GDP) growth is forecast by BMI to contract by 4.5% in 2009, compared with growth of 0.1% in 2008. We are assuming 1.4% growth in 2010, 3.0% in 2011 and 3.3% in 2012, followed by 3.5% in 2013. State-owned Chinese Petroleum Corporation (CPC) is tasked with securing oil and gas supply, but has no significant domestic volumes to contribute. Oil consumption beyond 2009 is forecast to increase by around 2.0% per annum to 2013, implying demand of 1.26mn b/d by the end of the forecast period. Gas usage is expected to rise from the estimated 2008 figure of 12.2bcm to 14.8bcm by 2013, supplied largely by LNG imports.

Between 2008 and 2018, we are forecasting an increase in Taiwan’s oil consumption from an estimated 1.15mn b/d to 1.40mn b/d, with the country’s refining capacity rising from 1.20mn b/d to 1.65mn b/d.

Gas demand is expected to rise from around 12.2bcm in 2008 to a possible 16.6bcm by 2018, met largely by LNG 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.

Taiwan still ranks 14th and last in BMI’s updated Upstream Business Environment rating, thanks to a virtual absence of hydrocarbon resources. The score reflects the total control of the government over upstream oil activities and a healthy country risk profile, the latter offsetting partly the lack of reserves and output growth potential. The country also ranks last in BMI’s Downstream Business Environment rating, some distance behind nearest rival Malaysia. The poor showing reflects its high level of state involvement, relatively high retail site intensity, and modest oil and gas demand growth outlook.

Taiwan 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, Hong Kong, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Singapore, South Korea, 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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Company Research
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