Italy Oil and Gas Report Q4 2016

Publisher Name :
Date: 05-Oct-2016
No. of pages: 84

BMI View: Italy's oil and gas sector will continue to suffer from a gradual depletion of its hydrocarbon

reserves and the rapid downsizing of the country's ailing refining sector. While an active exploration scene

and a gradually improving regulatory environment are positive signs, we believe these improvements will

take some years to garner more substantial industry changes.

Latest Updates And Key Forecasts

- Italy's exploration has benefited from an accelerated licensing and drilling approval process on licences,

which is part of the Italian government's energy plan in 2013. The National Energy Strategy is now

starting to bear fruit with several exploration and production permits approved since its implementation.

Drilling activity has accelerated as a result. Most recently, Sound Energy was granted drilling permission

for its Badile prospect - due to be drilled in 2016 - highlighting that interest in exploration remains in

spite of the low oil price environment.

- Italy's oil production is expected to receive a significant boost from the Tempa Rossa field, which is set

to come online in late 2018. Nonetheless, this will not suffice to achieve the government's goal of

doubling oil production by 2020. Rapidly declining reserves are expected to push oil output gradually

lower in the post-2020 period.

Italy Oil and Gas Report Q4 2016

Table of Contents

BMI Industry View 7
Table: Headline Forecasts (Italy 2014-2020) 7
SWOT 9
Industry Forecast 10
Upstream Exploration 10
Latest Updates 10
Structural Trends 10
Upstream Projects 16
Table: Upstream Projects 16
Upstream Production - Oil 18
Latest Updates 18
Structural Trends 18
Table: Oil Production (Italy 2014-2019) 20
Table: Oil Production (Italy 2020-2025) 20
Upstream Production - Gas 21
Latest Updates 21
Structural Trends 21
Table: Gas Production (Italy 2014-2019) 23
Table: Gas Production (Italy 2020-2025) 23
Refining 24
Latest Updates 24
Structural Trends 24
Table: Refining Capacity And Refined Products Production (Italy 2014-2019) 26
Table: Refining Capacity And Refined Products Production (Italy 2020-2025) 27
Refined Fuels Consumption 28
Latest Updates 28
Structural Trends 28
Table: Refined Products Consumption* (Italy 2014-2019) 30
Table: Refined Products Consumption* (Italy 2020-2025) 30
Gas Consumption 31
Latest Updates 31
Structural Trends 31
Table: Gas Consumption (Italy 2014-2019) 33
Table: Gas Consumption (Italy 2020-2025) 33
Trade - Oil 34
Crude Oil 34
Latest Updates 34
Structural Trends 34
Table: Crude Oil Net Exports (Italy 2014-2020) 36
Table: Crude Oil Net Exports (Italy 2020-2025) 36
Refined Products 36
Latest Updates 36
Structural Trends 36
Table: Refined Fuels Net Exports (Italy 2014-2019) 38
Table: Refined Fuels Net Exports (Italy 2020-2025) 38
Trade - Gas (Pipeline And LNG) 39
Latest Updates 39
Structural Trends 39
Table: Gas Net Exports (Italy 2014-2019) 42
Table: Gas Net Exports (Italy 2020-2025) 42
Industry Risk Reward Index 44
Italy - Risk/Reward Index 44
Upstream Index 44
Downstream Index 44
North America And Western Europe Oil & Gas Risk/Reward Index 44
Table: North America & Western Europe Oil & Gas Risk/Reward Index 45
Upstream Rankings: Resource Base Will Keep North America Well Ahead 45
North America Open To Investment, At The Right Price 46
Resource Limitations Take Toll On Western Europe 47
Table: North America & Western Europe Upstream Risk/Reward Index 49
Downstream Rankings: US Widens Its Lead 49
Table: North America & Western Europe Downstream Risk/Reward Index 51
Market Overview 52
Italy Energy Market Overview 52
Regulatory Structure 52
Fiscal Regime 53
Table: Italy Oil And Gas Fiscal Regime 53
Licensing Regime 53
Table: Italy Licensing Regime 53
Oil And Gas Infrastructure 55
Oil Refineries 55
Table: Refineries In Italy 55
Service Stations 56
Oil Storage Facilities 56
Oil Terminals/Ports 56
LNG Terminals 56
Table: Italy - LNG Terminals 57
Gas Storage Facilities 57
Gas Pipelines 58
Competitive Landscape 62
Competitive Landscape Summary 62
Regional Overview 64
North America And Western Europe Oil And Gas Regional Overview 64
Table: North America - Key Regional Indicators, 2015-2025 73
Table: Western Europe - Key Regional Indicators, 2015-2025 75
Glossary 77
Table: Glossary Of Terms 77
Methodology 79
Industry Forecast Methodology 79
Source 81
Risk/Reward Index Methodology 81
Table: Bmi's Oil & Gas Upstream Risk/Reward Index 83
Table: Weighting 84

List of Tables

Table: Headline Forecasts (Italy 2014-2020)
Table: Upstream Projects
Table: Oil Production (Italy 2014-2019)
Table: Oil Production (Italy 2020-2025)
Table: Gas Production (Italy 2014-2019)
Table: Gas Production (Italy 2020-2025)
Table: Refining Capacity And Refined Products Production (Italy 2014-2019)
Table: Refining Capacity And Refined Products Production (Italy 2020-2025)
Table: Refined Products Consumption* (Italy 2014-2019)
Table: Refined Products Consumption* (Italy 2020-2025)
Table: Gas Consumption (Italy 2014-2019)
Table: Gas Consumption (Italy 2020-2025)
Table: Crude Oil Net Exports (Italy 2014-2020)
Table: Crude Oil Net Exports (Italy 2020-2025)
Table: Refined Fuels Net Exports (Italy 2014-2019)
Table: Refined Fuels Net Exports (Italy 2020-2025)
Table: Gas Net Exports (Italy 2014-2019)
Table: Gas Net Exports (Italy 2020-2025)
Table: North America & Western Europe Oil & Gas Risk/Reward Index
Table: North America & Western Europe Upstream Risk/Reward Index
Table: North America & Western Europe Downstream Risk/Reward Index
Table: Italy Oil And Gas Fiscal Regime
Table: Italy Licensing Regime
Table: Refineries In Italy
Table: Italy - LNG Terminals
Table: North America - Key Regional Indicators, 2015-2025
Table: Western Europe - Key Regional Indicators, 2015-2025
Table: Glossary Of Terms
Table: Bmi's Oil & Gas Upstream Risk/Reward Index
Table: Weighting
  • China Bunker Oil Market Research Report 2016
    Published: 01-Dec-2016        Price: US 3200 Onwards        Pages: 108
    Notes: Sales, means the sales volume of Bunker Oil Revenue, means the sales value of Bunker Oil This report studies Bunker Oil in China market, focuses on the top players in China market, with capacity, production, price, revenue and market share for each manufacturer, covering - Aegean Marine Petroleum - BP - Bunker Holding - Chemoil - Exxon Mobil - KPI Bridge Oil - Bomin - Glander - Gazprom - GAC......
  • Vietnam Oil and Gas Report Q1 2017
    Published: 30-Nov-2016        Price: US 1295 Onwards        Pages: 76
    BMI View: Vietnam's dependence on energy imports is set to deepen over the coming decade, as strong growth in domestic demand for crude oil, refined fuels and natural gas comes in conflict with falling production. The increase in oil demand will primarily be driven by a more than tripling of its refining capacity, alongside positive macroeconomic and demographic factors. Gas demand will surpass output for the first time in 2020, when Vietnam's first import terminal is ant......
  • Trinidad and Tobago Oil and Gas Report Q1 2017
    Published: 30-Nov-2016        Price: US 1295 Onwards        Pages: 79
    BMI View: Shortages of natural gas are expected to persist until the start of the Juniper field in late 2017. These supply challenges will continue to disrupt gas exports and comes amid government concerns over the profitability of liquefied natural gas exports. The government has also called for operators to fully exploit existing acreage, suggesting the emergence of tensions between officials and upstream players. Investment has suffered continued delays due to the curr......
  • Slovakia Oil and Gas Report Q1 2017
    Published: 30-Nov-2016        Price: US 1295 Onwards        Pages: 63
    BMI View: Slovakia has above-average energy import dependency compared with the regional average. The country remains reliant on Russia but is actively pushing through several projects aimed at improving bi-directional flows and establishing regional links for a regional gas market in Central and Southeast Europe. Its role a key gas transit country for gas coming from Russia, through Ukraine and Slovakia before heading to Western Europe, should also be maintained over the......
  • Pakistan Oil and Gas Report Q1 2017
    Published: 30-Nov-2016        Price: US 1295 Onwards        Pages: 71
    BMI View: Low oil prices, upstream spending cuts and natural declines combine to paint a bleak near-term upstream outlook for Pakistan, though its strong pipeline of discoveries and exploration plays point to plenty of upside once prices begin to rebound more significantly. The country will remain reliant on crude oil, refined fuels and natural gas imports to quench rising domestic demand. LNG imports are set to experience exponential growth, as influx of additional gas s......
  • Bulgaria Oil and Gas Report Q1 2017
    Published: 30-Nov-2016        Price: US 1295 Onwards        Pages: 72
    BMI View: Improvements in the refining sector have boosted refined fuels production, though 2016 is proving to be tougher with margins expected to drop. An oil discovery by Total in the Bulgarian section of the Black Sea highlights the potential for both oil and gas exploration in the black Sea. This is a play opening move for Bulgaria and exploration will continue into 2017. The exploration outlook onshore in Bulgaria remains much more limited. Latest Updates And K......
  • South Korea Oil and Gas Report Q1 2017
    Published: 23-Nov-2016        Price: US 1295 Onwards        Pages: 75
    BMI View: South Korea will continue to remain a major global refining powerhouse due to a highly complex and sophisticated refining industry, though export volumes will come under pressure in the long term due to falling utilisation rates and growing competition in the exports market. The country is also the world's second largest consumer of LNG, though import volumes are poised to record consistent yearly declines over the coming decade on greater fuel source diversific......
  • Russia Oil and Gas Report Q1 2017
    Published: 23-Nov-2016        Price: US 1295 Onwards        Pages: 116
    BMI View: Oil production continues to outperform as a weak rouble lowers operating costs and results in stable levels of capex going further. Gas production has been steady, though weak domestic demand has been offset by an increase in exports to Europe. The main trends and developments we highlight for Russia's oil & gas sector are: ? Crude oil and condensate production averaged 10.87mn b/d in 9M16. ? We have revised up our 2017 and 2018 oil and condensate forecast......
  • Kazakhstan Oil and Gas Report Q1 2017
    Published: 23-Nov-2016        Price: US 1295 Onwards        Pages: 79
    BMI View: We maintain a positive outlook for Kazakhstan's oil production, thanks to huge underground potential and, the delayed Kashagan project ramping up production over the next three years in addition to the Tengiz expansion in 2022. Our forecasts for gas and refined products consumption will pick up in 2017 as strengthen macros favour stronger demand. Latest Updates And Key Forecasts ? Roxi Petroleum announced in October that it has spudded its Shallow Well 142......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs