Slovakia Oil and Gas Report Q3 2011

Page 1

Find Industry reports, Company profiles and Market Statistics

ReportLinker

>> Get this Report Now by email!

Slovakia Oil and Gas Report Q3 2011 Published on August 2011

Report Summary This latest Slovakia Oil & Gas Report from BMI forecasts that the country will account for 1.4% of Central and Eastern European (CEE) regional oil demand by 2015, while providing no significant contribution to supply. CEE regional oil use of 5.4mn b/d in 2001 rose to an estimated 6.1mn b/d in 2010. It should increase to around 6.9mn b/d by 2015. Regional oil production was 8. 9mn b/d in 2001 and in 2010 averaged an estimated 13.8mn b/d. It is set to rise to 15.1mn b/d by 2015. Oil exports are growing steadily, because demand growth is lagging the pace of supply expansion. In 2001, the region was exporting an average of 3.5mn b/d. This total rose to an estimated 7.7mn b/d in 2010 and is forecast to reach 8.1mn b/d by 2015. Azerbaijan and Kazakhstan have the greatest production growth potential, although Russia will remain the most important exporter. In terms of natural gas, the region in 2010 consumed an estimated 637bcm, with demand of 737bcm targeted for 2015, representing 15.8% growth. Production of an estimated 773bcm in 2010 should reach 963bcm in 2015, which implies net exports rising from an estimated 136bcm in 2010 to 226bcm by the end of the period. Slovakia's share of gas consumption in 2010 was an estimated 0.9%, while its share of production is negligible. By 2015, its share of demand is forecast to be 1.0%. Oil consumption is forecast to rise rapidly, averaging around 2-3% per annum. There is scope for oil consumption to reach 96,000b/d by 2015. 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 7.0bcm of gas by 2015, virtually all of which will be imported. Between 2010 and 2020, we are forecasting an increase in Slovak oil consumption of 33.8%, with import volumes rising steadily from an estimated 83,000b/d to 111,000b/d by the end of the 10-year forecast period. Gas consumption is expected to rise from an estimated 5.7bcm to 8.6bcm by 2020, met largely by imports. Slovakia ranks 14th, ahead only of Slovenia, in BMI's composite Business Environment (BE) ratings table, which combines upstream and downstream scores. It is ranked equal 11th with Hungary in BMI's updated upstream Business Environment ratings. Licensing, privatisation and country risk factors help its score, although these are offset by hydrocarbons weakness. The country is also near the bottom of the league table in BMI's downstream Business Environment ratings. Only in oil demand growth potential does the country score particularly well, and progress much further up the rankings from 14th place, ahead only of Croatia, seems unlikely over the medium term. Country risk factors are generally favourable and there is an established competitive landscape. Croatia is just one point below it in the rankings.

Table of Content Executive Summary SWOT Analysis

... 7 .... 8

Slovakia Political SWOT Slovakia Economic SWOT

.8 ..... 8

Slovakia Business Environment SWOT Slovakia Energy Market Overview Regional Energy Market Overview Oil Supply And Demand

9 10 ...... 12 ..... 12

Table: Central/Eastern Europe Oil Consumption (000b/d)

Slovakia Oil and Gas Report Q3 2011 (From Issuu)

.. 13

Page 1/5


Find Industry reports, Company profiles and Market Statistics

ReportLinker

>> Get this Report Now by email! Table: Central/Eastern Europe Oil Production (000b/d) Oil: Downstream

...... 14

. 15

Table: Central/Eastern Europe Oil Refining Capacity (000b/d) Gas Supply And Demand

... 16

Table: Central/Eastern Europe Gas Consumption (bcm)

..... 16

Table: Central/Eastern Europe Gas Production (bcm) Liquefied Natural Gas

.. 17

. 18

Table: Central/Eastern Europe LNG Exports/(Imports) (bcm) Business Environment Ratings

.. 19

Composite Scores

. 19

Table: Regional Composite Business Environment Rating Upstream Scores

... 20

.. 21

Table: Regional Upstream Business Environment Rating Slovakia Upstream Rating ' Overview

..... 21

..... 22

Slovakia Upstream Rating ' Rewards

22

Slovakia Upstream Rating ' Risks

..... 22

Downstream Scores

...... 23

Table: Regional Downstream Business Environment Rating Slovakia Downstream Rating ' Overview

. 24

Slovakia Downstream Rating ' Rewards

.. 24

Slovakia Downstream Rating ' Risks Business Environment

. 23

. 24

... 25

Industry Forecast Scenario

.... 30

Oil And Gas Reserves

. 30

Oil Supply And Demand

..... 30

Gas Supply And Demand

... 30

Refining And Oil Products Trade

..... 31

Revenues/Import Costs

31

Table: Slovakia Energy Markets ' Historical Data & Forecasts Other Energy

Key Risks To BMI's Forecast Scenario

.. 37

... 37

Long-Term Oil And Gas Outlook

..... 37

Oil And Gas Infrastructure

..... 38 38

Service Stations

.... 38

Oil Storage Facilities

.. 38 . 38

Gas Storage Facilities Gas Pipelines

.. 32

34

Table: Slovakia Other Energy ' Historical Data And Forecasts

Oil Pipelines

..... 18

.... 19

Central/Eastern Europe Region

Oil Refineries

... 15

. 39 39

Macroeconomic Outlook

. 41

Table: Slovakia - Gdp By Expenditure Competitive Landscape Executive Summary

...... 42

.. 43 43

Table: Key Players ' Slovak Oil And Gas Sector Overview/State Role Licensing And Regulation

Slovakia Oil and Gas Report Q3 2011 (From Issuu)

.... 44

...... 44 .... 44

Page 2/5


Find Industry reports, Company profiles and Market Statistics

ReportLinker

>> Get this Report Now by email! Government Policy

44

International Energy Relations

... 46

Table: Key Downstream Players Company Monitor Slovnaft

47

..... 48 .. 48

OMV Slovakia

...... 50

Slovenský Plynárenský Priemysel (SPP) ' Summary Transpetrol ' Summary

..... 52

. 53

JKX Oil And Gas ' Summary

...... 53

Royal Dutch Shell ' Summary

.... 54

BP ' Summary

54

Eni ' Summary

54

Nafta ' Summary

... 54

Aurelian Oil and Gas ' Summary

...... 54

Oil And Gas Outlook: Long-Term Forecasts Regional Oil Demand

.... 55

. 55

Table: CEE Oil Consumption (000b/d) Regional Oil Supply

..... 55

.... 56

Table: CEE Oil Production (000b/d)

. 56

Regional Refining Capacity

...... 57

Table: CEE Oil Refining Capacity (000b/d) Regional Gas Demand

.... 57

58

Table: CEE Gas Consumption (bcm) Regional Gas Supply

. 58 ... 59

Table: CEE Gas Production (bcm)

.... 59

Slovakia Country Overview

...... 59

Methodology And Risks To Forecasts Glossary Of Terms

... 61

Oil And Gas Ratings: Revised Methodology Introduction

..... 60 .... 62

.. 62

Ratings Overview

. 62

Table: BMI Oil And Gas Business Environment Ratings: Structure Indicators

.... 63

...... 64

Table: BMI Oil And Gas Business Environment Upstream Ratings: Methodology Table: BMI Oil And Gas Business Environment Downstream Ratings: Methodology BMI Methodology

..... 65

..... 67

How We Generate Our Industry Forecasts Energy Industry

.... 67

... 68

Cross checks Sources

... 64

. 68 .. 68

Slovakia Oil and Gas Report Q3 2011 (From Issuu)

Page 3/5


Find Industry reports, Company profiles and Market Statistics

ReportLinker

>> Get this Report Now by email! Fax Order Form To place an order via fax simply print this form, fill in the information below and fax the completed form to: ƒ ƒ

Europe, Middle East and Africa : + 33 4 37 37 15 56 Asia, Oceania and America : + 1 (805) 617 17 93

If you have any questions please visit http://www.reportlinker.com/notify/contact

Order Information Please verify that the product information is correct and select the format(s) you require. Slovakia Oil and Gas Report Q3 2011

Product Formats Please select the product formats and the quantity you require. 1 User License--USD 530.00

Quantity: _____

3 User License--USD 689.00

Quantity: _____

5 User License--USD 795.00

Quantity: _____

Annual Subscription--USD 975.00

Quantity: _____

Department License--USD 1 060.00

Quantity: _____

Corporate License--USD 3 180.00

Quantity: _____

Contact Information Please enter all the information below in BLOCK CAPITALS

Title:

Mr

Mrs

Dr

Miss

Ms

Prof

First Name:

_____________________________ Last Name: __________________________________

Email Address:

__________________________________________________________________________

Job Title:

__________________________________________________________________________

Organization:

__________________________________________________________________________

Address:

__________________________________________________________________________

City:

__________________________________________________________________________

Postal / Zip Code:

__________________________________________________________________________

Country:

__________________________________________________________________________

Phone Number:

__________________________________________________________________________

Fax Number:

__________________________________________________________________________

Slovakia Oil and Gas Report Q3 2011 (From Issuu)

Page 4/5


Find Industry reports, Company profiles and Market Statistics

ReportLinker

>> Get this Report Now by email! Payment Information Please indicate the payment method, you would like to use by selecting the appropriate box.

Payment by credit card

Card Number: ______________________________________________

Expiry Date

__________ / _________

CVV Number _____________________

Card Type (ex: Visa, Amex…) _________________________________

Payment by wire transfer

Crédit Mutuel RIB : 10278 07314 00020257701 89 BIC : CMCIFR2A IBAN : FR76 1027 8073 1400 0202 5770 189

Payment by check

UBIQUICK SAS 16 rue Grenette – 69002 LYON, FRANCE

Customer signature:

Please note that by ordering from Reportlinker you are agreeing to our Terms and Conditions at http://www.reportlinker.com/index/terms

Please fax this form to: Europe, Middle East and Africa : + 33 4 37 37 15 56

Slovakia Oil and Gas Report Q3 2011 (From Issuu)

Asia, Oceania and America : + 1 (805) 617 17 93

Page 5/5


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.