Taiwan Oil & Gas Report Q2 2013 - New Market Report

Recently published research from Business Monitor International, "Taiwan Oil & Gas Report Q2 2013", is now available at Fast Market Research

by Bill Thompson

(WireNews+Co) - Boston, MA - 26 February 2013

BMI View: Plans are presently underway to begin deepwater exploration off Taiwan's south-western coast in the South China Sea. Meanwhile, a growing appetite for imported gas has created a need for fresh LNG purchase schemes, with Australian and Qatari volumes on the rise and Papua New Guinea set to become a new source of supply.

The main trends and developments we highlight in the Taiwanese Oil and Gas sector are:

- In December 2012, state-owned CPC Corporation and Husky Energy reached an agreement to cooperate deepwater exploration projects off the south-western coast of Taiwan in the South China Sea. Any discoveries would serve as a boost to Taiwan's bleak upstream outlook significantly. Successes would also confirm the resource potential of the eastern South China Sea, where China - led by CNOOC - is actively stepping up its exploration efforts.
- The location for a third LNG terminal has been finalised and is set to be constructed near Taipei. Operations are expected to commence in 2018.
- Given large industrial demand, which is inherent in the energy equation, consumption of oil and power is expected to move broadly in line with the GDP trend. Taiwan's domestic crude oil production is expected to be around 500 barrels per day (b/d) in 2013, meaning virtually all of the country's oil is imported. Our forecasts for crude oil consumption are for an increase from an estimated 0.97mn b/d in 2013 to around 1.07mn b/d by 2017, and to 1.22mn b/d by 2022.
- For 2013, Taiwan's oil and gas import bill is forecast by BMI at US$43.7bn, assuming an OPEC basket oil price of US$99.1 per barrel (bbl). By 2017, and assuming an oil price of US$93.3/bbl, combined oil and gas costs are put at US$46.9bn, rising to US$49.2bn by 2021, when the oil price assumption is US $91.50/bbl.

View Full Report Details (http://www.fastmr.com/prod/541289_taiwan_oil_gas_report_q2_2013.aspx?afid=201) (http://www.fastmr.com/prod/541289_taiwan_oil_gas_report_q2_2013.aspx?afid=201)

Partial Table of Contents:

BMI Industry View

SWOT

Industry Forecast

- Table: Taiwan Proven Oil & Gas Reserves And Total Petroleum Data, 2011-2016 - Table: Taiwan Proven Oil & Gas Reserves And Total Petroleum Data, 2017-2022 - Table: Taiwan Oil Production, Consumption And Net Exports, 2011-2016 - Table: Taiwan Oil Production, Consumption And Net Exports, 2017-2022 - Table: Taiwan Gas Production, Consumption And Net Exports, 2011-2016 - Table: Taiwan Gas Production, Consumption And Net Exports, 2017-2022 - Table: Taiwan Refining - Production And Consumption, 2011-2016 - Table: Taiwan Refining - Production And Consumption, 2017-2022 - Oil And Gas Reserves - Oil Supply And Demand - Gas Supply And Demand - LNG - Refining And Oil Products Trade - Revenues/Import Costs- Key Risks To BMI's Forecast Scenario

Industry Risk Reward Ratings

- Taiwan Risk Reward Ratings - Taiwan Upstream Rating - Overview - Taiwan Upstream Rating - Rewards - Taiwan Upstream Rating - Risks - Taiwan Downstream Rating - Overview - Regional Risk Reward Ratings - Table: Table: Asia's Oil & Gas Risk/Rewards Ratings - Upstream Hindrance - Crude Requirement - Gasifying Asia - Table: Table: Asia O&G Upstream Risk/Reward Ratings- Table: Table: Asia O&G Downstream Risk/Reward Ratings

Market Overview

- Taiwan Energy Market Overview - Oil and Gas Infrastructure - Oil Refineries - Table: Refineries In Taiwan - Service Stations - Oil Storage - LNG Terminals- Gas Pipelines

Competitive Landscape

- Table: Key Players - Taiwan Oil & Gas Sector - Table: Key Upstream Player- Table: Key Downstream Players

Company Profile

- Chinese Petroleum Corporation (CPC) - Company Profile- Other Companies - Summary

Regional Overview

View Full Table of Contents (http://www.fastmr.com/catalog/product.aspx?productid=541289&dt=t&afid=201)

Fast Market Research (http://www.fastmr.com?afid=201) is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget.  For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.