Vietnam Oil & Gas Report
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Now: $875.00
You save: $155.00 (15%)
Vietnam Oil & Gas Report

The Vietnam Oil & Gas Report

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

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

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

Chapter - SWOT Analysis

Vietnam Political SWOT
Vietnam Economic SWOT
Vietnam Business Environment SWOT

Chapter - Vietnam 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
Vietnam Upstream Rating ''“ Overview
Vietnam Upstream Rating ''“ Potential Returns
Vietnam Upstream Rating ''“ Risks To Potential Returns
Vietnam Downstream Rating ''“ Overview
Vietnam Downstream Rating ''“ Potential Returns
Vietnam 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/Oil Products Trade
Revenues/Import Costs
Table: Vietnam Oil & Gas ''“ Historical Data & Forecasts
Other Energy
Table: Vietnam Other Energy ''“ Historical Data & Forecasts
Key Risks To Forecast Scenario
Long-Term Energy Outlook

Chapter - Macroeconomic Outlook

Table: Vietnam ''“ Economic Activity

Chapter - Competitive Landscape

Executive Summary

Table: Key Players ''“ Vietnam Oil & Gas Sector
Overview/State Role
Table: Key Upstream Players
Table: Key Downstream Players

Chapter - Company Monitor

PetroVietnam
BP Vietnam
Petronas Vietnam
Zarubezhneft
Vietgazprom ''“ Summary
ConocoPhillips ''“ Summary
Idemitsu Kosan ''“ Summary
KNOC ''“ Summary
Chevron ''“ Summary
Talisman Energy ''“ Summary
Premier Oil ''“ Summary
SOCO International ''“ Summary
Total ''“ 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)
Vietnam Country Overview
Methodology & Risks To Forecasts

Chapter - BMI Forecast Modelling

How We Generate Our Industry Forecasts
Energy Industry
Cross checks
Sources
Vietnam Oil & Gas Report
 		Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Executive Summary
The latest Vietnam Oil & Gas Report from BMI forecasts that the country will account for 1.49% of Asia Pacific regional oil demand by 2013, while providing 4.40% 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, 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. Vietnam’s share of gas consumption in 2008 was an estimated 2.27%, while its share of production is put at 2.75%. By 2013, its share of gas consumption is forecast to be 3.81%, with the country accounting for 4.33% 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. Vietnamese real GDP growth is now forecast by BMI at 2.9% for 2009, down from the 2008 level of 6.3%. We are assuming 6.0% growth in 2010, followed by 7.0% in 2011, 7.7% in 2012 and 7.9% in 2013. Exploration success is on the rise in Vietnam, with a growing number of international oil companies (IOCs) partnering PetroVietnam in finding and developing hydrocarbon resources – particularly gas. We are assuming oil and gas liquids production peaking at 400,000b/d in 2010, before easing back to 385,000b/d by 2013. Beyond 2009, consumption is forecast to increase by around 7% per annum to 2013, Vietnam Oil & Gas Report Q3 2009 © Business Monitor International Ltd Page 8 implying demand of 434,000b/d by the end of the forecast period. Gas supply and demand is forecast to increase from the estimated 2008 figure of 10bcm to 21bcm by 2013. Between 2008 and 2018, we are forecasting an increase in Vietnamese oil production of 6.5%, with crude volumes peaking at 400,000b/d in 2010, before slipping to 330,000b/d by 2018. Oil consumption between 2008 and 2018 is set to increase by 76.5%, with growth beyond 2009 slowing to an assumed 6.0-7.0% per annum towards the end of the period and the country using 589,000 b/d by 2018. Gas production is expected to rise from around 10bcm in 2008 to 27bcm in 2018. With identical demand growth, we see no potential for imports or exports during the period. Details of BMI’s 10-year forecasts can be found in the appendix to this report, which provides global, regional and country-specific projections. Vietnam now ranks second ahead of India in BMI’s updated Upstream Business Environment rating, reflecting a reasonable resource position, better-than-average growth outlook, attractive licensing terms and an IOC-friendly competitive environment. The country sits well behind Australia. Vietnam now ranks equal eighth with the Philippines in BMI’s updated Downstream Business Environment rating, reflecting its lack of 2008 refining capacity, but above-average oil and gas demand growth outlook, plus a low level of retail site intensity.
Vietnam Oil & Gas Report
 		Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
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