Romania Oil and Gas Report Q3 2013

Publisher Name :
Date: 05-Jun-2013
No. of pages: 108

BMI View: The exploration efforts of ExxonMobil and OMV Petrom in the Black Sea could signal a turning
point in Romania's upstream outlook, helping reduce dramatically the country's gas import dependency
from around 2018. International oil company (IOC) interest in Romania is now on the rise and, if exploited
by the government, could result in much higher investment levels. Romanian Prime Minister Victor Ponta
ha said that he supports shale gas exploration in the country, bringing hope to Chevron and other IOCs
keen to investigate the country's significant shale gas potential.
The main trends and developments for Romania's oil and gas sector are:
? Chevron has reaffirmed its commitment to developing Romania's shale gas resources following the
country's rejection of a moratorium on shale gas exploration. The US group is the only holder of shale
exploration licences in the country. The Romanian government officially cancelled a moratorium on
shale gas exploration as it seeks to develop new sources of domestic production in order to counter both
an imminent decline in the country's reserves and its growing dependency on Russian natural gas imports.

Romania Oil and Gas Report Q3 2013

BMI Industry View 7
SWOT 9
Industry Forecast .. 10
Oil And Gas Reserves .. 10
Table: Romania Proven Oil & Gas Reserves And Total Petroleum Data, 2011-2016 . 10
Table: Romania Proven Oil & Gas Reserves And Total Petroleum Data, 2017-2022 . 11
Oil Supply And Demand .. 14
Table: Romania Oil Production, Consumption And Net Exports, 2011-2016 14
Table: Romania Oil Production, Consumption And Net Exports, 2017-2022 14
Gas Supply And Demand . 16
Table: Romania Gas Production, Consumption And Net Exports, 2011-2016 . 16
Table: Romania Gas Production, Consumption And Net Exports, 2017-2022 . 17
Refining And Oil Products Trade .. 19
Table: Romania Refining - Production And Consumption, 2011-2016 19
Table: Romania Refining - Production And Consumption, 2017-2022 19
Revenues/Import Costs . 20
Key Risks To BMI's Forecast Scenario . 20
Industry Risk Reward Ratings 21
CEE - Risk/Reward Ratings .. 21
Table: Central And Eastern Europe Risk/Reward Ratings . 22
Caspian Retains Lead In Upstream Ratings . 22
Table: Upstream Risk/Reward Rating 23
Russian Trouble Persists . 25
Regional Minnows Breaking In .. 27
Downstream Stabilisation 27
Table: CEE Downstream Risk/Reward Ratings 27
Romania - Risk/Reward Ratings .. 31
Romania Upstream Rating - Overview . 31
Romania Upstream Rating - Rewards .. 31
Romania Upstream Rating - Risks . 31
Romania Downstream Rating - Overview 31
Market Overview 32
Romania Energy Market Overview .. 32
Licensing And Regulation 33
Government Policy 34
Licensing Rounds .. 35
International Energy Relations .. 36
Oil & Gas Infrastructure 38
Oil Refineries . 38
Table: Refineries In Romania 38
Service Stations . 41
Oil Storage Facilities 41
Oil Terminals/Ports .. 41
Oil Pipelines .. 41
LNG Terminals .. 42
Gas Storage Facilities .. 42
Gas Pipelines . 43
Competitive Landscape . 45
Table: Key Players - Romania Oil And Gas Sector 46
Table: Key Upstream Players 46
Table: Key Downstream Players . 46
Company Profile . 47
OMV Petrom 47
Romgaz . 53
Lukoil . 57
Rompetrol . 60
Other Companies - Summary 63
Regional Overview 68
Europe Energy Overview .. 68
A Dependent Relationship 70
Looking For A Break Up . 72
Central Asia: Beneficiaries Of Europe's Russian Fatigue . 74
Moving From Pipeline To LNG .. 75
Russia Strikes Back .. 76
Eastern Europe: Black Sea Gold Rush . 77
Shale Gas Showdown 78
Global Industry Overview .. 80
Global Energy Market Overview . 80
Table: BMI's Oil Price Forecasts & Bloomberg Analyst Consensus, Average Price (US$/bbl) . 81
Table: Global Oil Demand Forecasts 88
Industry Trend Analysis . 90
Growing Implementation Base 91
Developed Drive 93
Appendix . 94
Central And Eastern Europe - Regional Appendix 94
Table: Oil Consumption - Historical Data & Forecasts, 2010-2017 ('000b/d) . 94
Table: Oil Consumption - Long-Term Forecasts, 2014-2021 ('000b/d) . 95
Table: Oil Production - Historical Data & Forecasts, 2010-2017 ('000b/d) 95
Table: Oil Production - Long-Term Forecasts, 2014-2021 ('000b/d) . 96
Table: Refining Capacity - Historical Data & Forecasts, 2010-2017 ('000b/d) 97
Table: Refining Capacity - Long-Term Forecasts, 2014-2021 ('000b/d) 97
Table: Gas Consumption - Historical Data & Forecasts, 2009-2016 (bcm) 98
Table: Gas Consumption - Long-Term Forecasts, 2014-2021 (bcm) 99
Table: Gas Production - Historical Data & Forecasts, 2010-2016 (bcm) 99
Table: Gas Production - Long-Term Forecasts, 2014-2021 (bcm) . 100
Table: LNG Exports - Historical Data & Forecasts, 2010-2017 (bcm) . 101
Table: Net LNG Exports - Long-Term Forecasts, 2014-2021 (bcm) . 101
Glossary 102
Table: Glossary Of Terms . 102
Methodology .. 104
Oil & Gas Risk/Reward Ratings Methodology . 104
Ratings Overview 104
Table: BMI's Oil & Gas Risk Reward Ratings - Structure 105
Indicators . 105
Table: BMI's Oil & Gas Business Environment Upstream Ratings - Methodology . 105
Oil & Gas Forecasts Methodology . 107
Energy Industry .. 107
Cross checks 108
Sources . 108Table: Romania Proven Oil & Gas Reserves And Total Petroleum Data, 2011-2016
Table: Romania Proven Oil & Gas Reserves And Total Petroleum Data, 2017-2022
Table: Romania Oil Production, Consumption And Net Exports, 2011-2016
Table: Romania Oil Production, Consumption And Net Exports, 2017-2022
Table: Romania Gas Production, Consumption And Net Exports, 2011-2016
Table: Romania Gas Production, Consumption And Net Exports, 2017-2022
Table: Romania Refining - Production And Consumption, 2011-2016
Table: Romania Refining - Production And Consumption, 2017-2022
Table: Central And Eastern Europe Risk/Reward Ratings
Table: Upstream Risk/Reward Rating
Table: CEE Downstream Risk/Reward Ratings
Table: Refineries In Romania
Table: Key Players - Romania Oil And Gas Sector
Table: Key Upstream Players
Table: Key Downstream Players
Table: BMI's Oil Price Forecasts & Bloomberg Analyst Consensus, Average Price (US$/bbl)
Table: Global Oil Demand Forecasts
Table: Oil Consumption - Historical Data & Forecasts, 2010-2017 ('000b/d)
Table: Oil Consumption - Long-Term Forecasts, 2014-2021 ('000b/d)
Table: Oil Production - Historical Data & Forecasts, 2010-2017 ('000b/d)
Table: Oil Production - Long-Term Forecasts, 2014-2021 ('000b/d)
Table: Refining Capacity - Historical Data & Forecasts, 2010-2017 ('000b/d)
Table: Refining Capacity - Long-Term Forecasts, 2014-2021 ('000b/d)
Table: Gas Consumption - Historical Data & Forecasts, 2009-2016 (bcm)
Table: Gas Consumption - Long-Term Forecasts, 2014-2021 (bcm)
Table: Gas Production - Historical Data & Forecasts, 2010-2016 (bcm)
Table: Gas Production - Long-Term Forecasts, 2014-2021 (bcm)
Table: LNG Exports - Historical Data & Forecasts, 2010-2017 (bcm)
Table: Net LNG Exports - Long-Term Forecasts, 2014-2021 (bcm)
Table: Glossary Of Terms
Table: BMI's Oil & Gas Risk Reward Ratings - Structure
Table: BMI's Oil & Gas Business Environment Upstream Ratings - Methodology

  • Asia Pacific Makeup Market To Grow Owing To Impactful Promotion And Progress Of Distribution Networks
    The Asia Pacific makeup market is one of the most assorted and active markets in the cosmetics industry throughout the world and is projected to grow at a CAGR of 7.1% between 2013 and 2019. The makeup market in Asia Pacific is assessed to be worth US$22.31 billion by 2019. The world-wide market was at an approximation of US$14.76 [...]
  • Growing Demand in Emergent Markets To Boost Bakery Ingredients Market
    The baking ingredients market is predictable to grow at a CAGR of 5.2% from 2015 to reach an estimated value of US$ 15.19 billion by 2020. Evolving economies throughout the globe have been displaying demand for bakery ingredients at a greater rate in agreement with the economic growth. Numerous companies have been occupied on refining [...]
  • Packaging Sector Driven By Innovation
    The financial development in numerous emerging nations has significantly influenced the progress of quite a lot of sectors, the packaging industry being one of them. The swell in transport undertakings outfitting to a substantial number of industries such as manufacturing, consumer goods, food and beverages, and others rest essentially on sturdy and resilient packaging solutions [...]
  • Global Eyewear Market To Gain From Increased Demand For Disposable Contact Lenses
    The global eyewear market was worth US$ 102.66 billion in 2015 and is predictable to reach US$ 184.03 billion by 2024. The rising population and upsurge in the number of optical disorders are likely to propel the industry in the near future. Moreover, the increasing cognizance amongst people as regards to the prominence of eye [...]
  • Global mHealth Market To Become A Multi-Billion Dollar Industry By 2020
    The mHealth market is in its embryonic stage and is projected to produce substantial profits with amassed awareness level and encouraging regulatory guidelines particular to the quality and practicality of mobile-based medical devices. The global mHealth market is projected to touch US$ 49.12 billion by 2020 rising at a CAGR of 47.6% from 2013 to 2020. Monitoring services [...]
  • Global Bunker Oil Market 2017-2021
    Published: 02-Jan-2017        Price: US 3500 Onwards        Pages: 89
    Bunker oil is a fuel used by the shipping and marine industries. Bunker oil quality depends on flash point, pour point, energy content, sulfur content, and the various chemicals used in the development process. It also depends on the lubricant oil, water content, viscosity, and the presence of sediments in bunkers. The analysts forecast global bunker oil market to grow at a CAGR of 3.36% during the period 2017-2021. Covered in this report The report co......
  • Global Thermal Enhanced Oil Market Professional Survey Report 2016
    Published: 13-Dec-2016        Price: US 3500 Onwards        Pages: 101
    Notes: Production, means the output of Thermal Enhanced Oil Revenue, means the sales value of Thermal Enhanced Oil This report studies Thermal Enhanced Oil in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2015, and forecast to 2021. This report focuses on top manufacturers in global market, with production, price, revenu......
  • Global Carbon Dioxide Enhanced Oil Recovery (EOR) Sales Market Report 2016
    Published: 08-Dec-2016        Price: US 4000 Onwards        Pages: 100
    Notes: Sales, means the sales volume of Carbon Dioxide Enhanced Oil Recovery (EOR) Revenue, means the sales value of Carbon Dioxide Enhanced Oil Recovery (EOR) This report studies sales (consumption) of Carbon Dioxide Enhanced Oil Recovery (EOR) in Global market, especially in United States, China, Europe, Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering - Albemarle......
  • United States Carbon Dioxide Enhanced Oil Recovery (EOR) Market Report 2016
    Published: 08-Dec-2016        Price: US 3800 Onwards        Pages: 98
    Notes: Sales, means the sales volume of Carbon Dioxide Enhanced Oil Recovery (EOR) Revenue, means the sales value of Carbon Dioxide Enhanced Oil Recovery (EOR) This report studies sales (consumption) of Carbon Dioxide Enhanced Oil Recovery (EOR) in United States market, focuses on the top players, with sales, price, revenue and market share for each player, covering - Albemarle - Ashland - BASF - Baker Hughes - Champion Technologies......
  • 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......
  • 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......
  • 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......
  • 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......
  • 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......
  • 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