Myanmar Oil and Gas Report Q4 2016

Publisher Name :
Date: 03-Sep-2016
No. of pages: 73

BMI View: The Myanmar upstream segment remains a potential high-risk, high-reward play, with a host of

IOCs engaged in various exploration and production plays in the country's oil and gas blocks. The

country's attractive economic growth outlook and fuels demand growth forecasts have already attracted

significant interest from international firms - such as Indian Oil and Pertamina, which have

announced intention to establish a foothold in the country's downstream sector. Rising demand and export

obligations will pressure domestic gas supplies, rendering the country to turn to LNG imports in the latter

half of the decade.

Latest Updates And Key Forecasts

? Despite low oil prices, Myanmar's exploration profile remains favourable, with nine production sharing

contracts (PSCs) signed with international oil companies (IOCs) in 2015 alone and a further 11 3D

seismic survey campaigns sanctioned in end-2015.

? Myanmar exports about 80.0% of its gas production as the previous junta government over-contracted its

gas to overseas buyers. This will require the country to resort to LNG imports to meet export obligations

and offset rising domestic demand.

? The successful and timely construction of an LNG import terminal at the Dawei SEZ project remains

critical to avert a potential gas shortfall in Myanmar. We anticipate the terminal to be operational by

2020.

? The government remains highly open to attracting greater foreign capital into its oil and gas sector.

Tenders to form a refined fuels import and distribution joint-venture with Myanma Petroleum Products

Enterprise (MPPE) has attracted interest from the likes of Indian Oil Corporation.

Myanmar Oil and Gas Report Q4 2016

Table of Contents

BMI Industry View 7
Table: Headline Forecasts (Myanmar 2014-2020) 7
SWOT 9
Oil & Gas SWOT 9
Industry Forecast 11
Upstream Exploration 11
Latest Updates 11
Structural Trends 11
Table: PSCs Signed In 2015 12
Table: Proven Oil And Gas Reserves (Myanmar 2014-2019) 13
Table: Proven Oil And Gas Reserves (Myanmar 2020-2025) 13
Upstream Projects 14
Table: Myanmar - Key Upstream Projects 14
Upstream Production - Oil 18
Latest Updates 18
Structural Trends 18
Table: Oil Production (Myanmar 2014-2019) 20
Table: Oil Production (Myanmar 2020-2025) 20
Upstream Production - Gas 21
Latest Updates 21
Structural Trends 21
Table: Gas Production (Myanmar 2014-2019) 23
Table: Gas Production (Myanmar 2020-2025) 23
Refining 24
Latest Updates 24
Structural Trends 24
Table: Refining Capacity and Refined Products Production (Myanmar 2014-2019) 26
Table: Refining Capacity and Refined Products Production (Myanmar 2020-2025) 26
Refined Fuels Consumption 27
Latest Updates 27
Structural Trends 27
Table: Refined Products Consumption (Myanmar 2014-2019) 29
Table: Refined Products Consumption (Myanmar 2020-2025) 29
Gas Consumption 30
Latest Updates 30
Structural Trends 30
Table: Gas Consumption (Myanmar 2014-2019) 33
Table: Gas Consumption (Myanmar 2020-2025) 33
Trade - Oil 34
Crude Oil: Latest Updates 34
Crude Oil: Structural Trends 34
Table: Crude Oil Net Exports (Myanmar 2014-2019) 34
Table: Crude Oil Net Exports (Myanmar 2020-2025) 35
Fuels Trade: Latest Updates 35
Fuels Trade: Structural Trends 36
Table: Refined Fuels Net Exports (Myanmar 2014-2019) 37
Table: Refined Fuels Net Exports (Myanmar 2020-2025) 37
Trade - (Pipeline And LNG) 38
Latest Updates 38
Structural Trends 38
Table: Gas Net Exports (Myanmar 2014-2019) 40
Table: Gas Net Exports (Myanmar 2020-2025) 40
Industry Risk/Reward Index 42
Table: Asia's Oil & Gas Risk/Reward Index 42
Table: Asia: Upstream Risk/Reward Index 45
Table: Asia: Downstream Risk/Reward Index 47
Myanmar - Risk/Reward Index 48
Upstream Index - Rewards 48
Upstream Index - Risks 49
Downstream Index 49
Market Overview 50
Myanmar Energy Market Overview 50
Regulatory Structure 50
Fiscal Regime 51
Table: Myanmar - Upstream Tax Regime 51
Licensing Regime 51
Table: Myanmar - Contracts and Licensing Regime (Onshore) 52
Table: Onshore PSC Production Split 52
Table: Onshore PSC Production Bonus 53
Table: Myanmar - Contracts And Licensing Regime (Offshore) 54
Table: Offshore PSC Production Split 54
Table: Offshore PSC Production Bonus 55
Oil And Gas Infrastructure 56
Table: Oil Refineries 56
Oil Storage 56
Pipelines 57
LNG Terminals 57
Regional Overview 59
Asia - Positive Gas Output Growth In Conflict With Bearish Oil Outlook 59
Glossary 66
Table: Glossary Of Terms 66
Methodology 68
Industry Forecast Methodology 68
Source 70
Risk/Reward Index Methodology 70
Table: Bmi's Oil & Gas Upstream Risk/Reward Index 72
Table: Weighting 73

List of Tables

Table: Headline Forecasts (Myanmar 2014-2020)
Table: PSCs Signed In 2015
Table: Proven Oil And Gas Reserves (Myanmar 2014-2019)
Table: Proven Oil And Gas Reserves (Myanmar 2020-2025)
Table: Myanmar - Key Upstream Projects
Table: Oil Production (Myanmar 2014-2019)
Table: Oil Production (Myanmar 2020-2025)
Table: Gas Production (Myanmar 2014-2019)
Table: Gas Production (Myanmar 2020-2025)
Table: Refining Capacity and Refined Products Production (Myanmar 2014-2019)
Table: Refining Capacity and Refined Products Production (Myanmar 2020-2025)
Table: Refined Products Consumption (Myanmar 2014-2019)
Table: Refined Products Consumption (Myanmar 2020-2025)
Table: Gas Consumption (Myanmar 2014-2019)
Table: Gas Consumption (Myanmar 2020-2025)
Table: Crude Oil Net Exports (Myanmar 2014-2019)
Table: Crude Oil Net Exports (Myanmar 2020-2025)
Table: Refined Fuels Net Exports (Myanmar 2014-2019)
Table: Refined Fuels Net Exports (Myanmar 2020-2025)
Table: Gas Net Exports (Myanmar 2014-2019)
Table: Gas Net Exports (Myanmar 2020-2025)
Table: Asia's Oil & Gas Risk/Reward Index
Table: Asia: Upstream Risk/Reward Index
Table: Asia: Downstream Risk/Reward Index
Table: Myanmar - Upstream Tax Regime
Table: Myanmar - Contracts and Licensing Regime (Onshore)
Table: Onshore PSC Production Split
Table: Onshore PSC Production Bonus
Table: Myanmar - Contracts And Licensing Regime (Offshore)
Table: Offshore PSC Production Split
Table: Offshore PSC Production Bonus
Table: Oil Refineries
Table: Glossary Of Terms
Table: Bmi's Oil & Gas Upstream Risk/Reward Index
Table: Weighting
  • Global Luxury Apparels Market To Do Well Owing To Numerous International Brands
    The global luxury apparels market is fired by the intensifying number of fashion marques and many designers getting wide-ranging clienteles in the form of cost-effective products. The global luxury apparels market was at US$1, 8842.69 million in 2015 and is forecast to reach US$60,793.7 million by the end of 2024. This segment of luxury goods [...]
  • Global Health and Wellness Market Boosted By Organic Products and Wearables
    Healthcare has constantly been a profitable area where buyers spend belligerently. But now, with increasing disposable earnings amid the city population and ground-breaking approaches and innovative products being developed, the overall health and wellness market is estimated for a healthy prospect. The health and wellness market is presently very dynamic owing to growing alertness amongst [...]
  • Increasing New Outlets And Striking Offers To Drive Global Pizza Market
    The global pizza market is predicted to grow at a steady CAGR of about 3% by 2020. Pizza has been gaining massive acceptance globally in the last few years. Consequently, the global pizza market is anticipated to observer considerable progress in the coming years. The growing number of pizzerias is one of the major elements [...]
  • Healthy Diet Demand In Developed Economies To Boost Nutraceuticals
    As customers scuffle to keep up with the frantic lifestyles, the necessity for healthy nutrition rises owing to dearth of time to spend on laborious exercises.  Customers are shifting their attention to swift and healthy food behaviours. Increase in intake of beverages and functional food has offered makers of nutraceuticals with money-spinning prospects to benefit [...]
  • World Economic Forum Unveils Top 10 Emerging Technologies of 2016
    The World Economic Forum (WEF) and Scientific American lately unveiled the major technological innovation list of the top ten emerging technologies of 2016. This list emphasizes on the technological developments which have the supremacy to transform industries, protect the planet, and improve lives. It also presents an opening to discuss any societal, human, economic or [...]
  • 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