“Asian National Oil Companies (NOCs) - International Operations to Play a Key Role in Ensuring Domestic Energy Security”, is the latest report from GlobalData, the industry analysis specialists, that provides an in-depth analysis of the role of NOCs of key Asian countries – India, South Korea, China and Thailand – in securing domestic energy security. The report details how the NOCs are increasing investments abroad to mitigate the demand-supply gap of oil and gas in their countries. The report also provides details on the major international acquisitions of key NOCs of India, South Korea, China and Thailand. It also details the estimated share of the NOCs towards ensuring oil and gas supplies for their countries.
The Asian NOCs of India, South Korea, China and Thailand are playing an active role to ensure domestic energy security. Increasing demand and limited supplies of oil and gas have increased the import dependency of these countries. In order to secure oil and gas supplies, NOCs of the key Asian countries are aggressively increasing their international operations.
Scope
The report provides in-depth analysis of the role of key NOCs of India, South Korea, China and Thailand in ensuring domestic energy security. The scope of the report includes -
- Key information on the demand supply gap of oil and natural gas in key Asian countries including India, South Korea, China and Thailand.
- Details of how the NOCs of the Asian countries are mitigating the energy supply risk through international acquisitions.
- Rationale and strategic importance of the plans of Asian NOCs to invest in oil and gas assets abroad.
- Analysis of the role that key Asian NOCs are expected to Play in ensuring energy security of their countries.
Reasons to buy
The report will enhance your decision-making capability. It will allow you to -
- Devise a business strategy based on the scenario of the demand-supply gap of oil and gas in key Asian countries including India, South Korea, China and Thailand.
- Gain insights on the increasing overseas investments by key Asian NOCs to ensure domestic energy security.
- Take prompt and effective business decisions supported by well-researched analysis of the international investment scenario of various NOCs.
Get your copy of this report @ http://www.reportsnreports.com/reports/167827-asian-national-oil-companies-nocs-international-operations-to-play-a-key-role-in-ensuring-domestic-energy-security.html
Report Details:
Published: June 2012
No. of Pages: 62
Price: Single User Licence:US$3995 Corporate User License: US$ 11985
1 Table of Contents 3
1.1 List of Tables 4
1.2 List of Figures 5
2 Introduction 6
2.1 Overview 6
2.2 GlobalData Report Guidance 6
3 Key Asian Countries are Increasing Investments Abroad Through their NOCs To Mitigate Energy Supply Risk 7
3.1 India’s Heavy Import Dependence for Oil and Gas Prompt Overseas Acquisitions by the Country’s NOCs 7
3.1.1 Crude Oil and Natural Gas Supply-Demand Scenario in India 7
3.1.2 Government of India is Focusing on Three Main Strategic Objectives to Mitigate Future Risks Associated with the Demand - Supply Mismatch 9
3.1.3 Indian Oil Sector Public Sector Undertakings (PSUs) are Actively Pursuing Overseas Investments 10
3.2 South Korea Relies on Imports for Most of its Oil and Gas Requirements 13
3.2.1 Crude Oil and Natural Gas Supply Demand Scenario in South Korea 13
3.2.2 South Korea Focuses on Building Oil Stockpiling Capacity and Investing in Overseas Oil and Gas Assets to Ensure Energy Security 13
3.2.3 NOCs of South Korea are Focused on Overseas Investments to Gain Hydrocarbon Resource Base and Technological Know-How 14
3.3 China is Witnessing a Widening Gap Between Domestic Production and Consumption of Oil and Gas 14
3.3.1 Crude Oil and Natural Gas Supply Demand Scenario of China 14
3.3.2 China is Undertaking Several Measures to Ensure Domestic Energy Security 16
3.4 Thailand Depends on Imports for More than Two - Fifth of its Crude Oil and Natural Gas Consumption 17
3.4.1 Crude Oil and Natural Gas Supply Demand Scenario of Thailand 17
3.4.2 Thailand’s PTT Group is to Invest about 720 Billion Baht ($23.48 Billion) over 2012 - 2016 to Mitigate Demand-Supply Mismatch 18
4 ONGC is among the Key Asian NOCs in terms of International Investments in Upstream Sector Since 2010 19
4.1 Major Overseas Investments of ONGC Since 2007 20
4.2 ONGC is working towards Boosting its Reserve Replacement Ratio (RRR) 23
4.3 Major Overseas Planned Investments of ONGC 24
5 International Investments in the Upstream Sector Allow KNOC to Ensure Energy Security for South Korea 27
5.1 Major Overseas Investments of KNOC 28
5.2 Major Overseas Planned Investments of Korea National Oil Corporation 33
6 CNOOC’s Spree to Expand its International Upstream Operations has helped the Company to Bolster its RRR 35
6.1 CNOOC is striving to Strengthen its RRR 36
6.2 CNOOC has made Several Major Overseas Asset Acquisitions Since 2008 37
6.3 CNOOC Plans to Maintain its Production in the Range of 330MMboe to 340MMboe in 2012 41
7 PetroChina’s Business Strategy Includes Acquiring Resources Overseas and Expanding its Strategic Reserves 42
7.1 Major Overseas Investments of PetroChina 43
7.2 Major Overseas Planned Investments of PetroChina 44
8 Oil India Limited is Supporting Domestic Energy Security through its Core Business Objective of Diversifying Across Geographies 46
8.1 Major Overseas Investments of Oil India Limited 47
8.2 Major Overseas Planned Investments of Oil India Limited 49
9 PTTEP Considers North America, Australia, Thailand and South East Asia as its Growth Hubs 50
9.1 Major Overseas Investments of PTTEP 51
9.2 PTTEP’s RRR has Decreased Significantly over a Period 54
9.3 Major Overseas Planned Investments of PTTEP 55
10 Sinopec is Focusing on Overseas Acquisition to Expand its Reserves and Production Base 56
10.1 Major Overseas Investments of Sinopec 57
10.2 Major Overseas Planned Investments of Sinopec 58
11 Appendix 59
11.1 Source 59
11.2 Market Definition 59
11.3 Abbreviations 60
11.4 Methodology 61
11.4.1 Coverage 61
11.4.2 Secondary Research 61
11.4.3 Primary Research 61
11.4.4 Expert Panel Validation 62
11.5 Contact Us 62
11.6 Disclaimer 62
1.1 List of Tables
Table 1: Details of Participating Interest of PSUs in Overseas Oil and Gas Assets, June 2011 11
Table 2: Oil and Natural Gas Corporation Limited, Major Announced and Completed Overseas Investment Deals, January 2007- March 2012 21
Table 3: OVL, Overseas Oil and Gas Production, 2009 - 2012 22
Table 4: Oil and Natural Gas Corporation Limited, Major Planned Overseas Investment Deals, 2010-2012 (March) 24
Table 5: Korea National Oil Corporation, Major Announced and Completed Overseas Investment Deals, 2007-2012 (March) 28
Table 6: Korea National Oil Corporation, Major Planned Overseas Investment Deals, 2011 34
Table 7: CNOOC Limited, Major Announced and Completed Overseas Investment Deals, 2008 -2011 38
Table 8: CNOOC Limited, Major Planned Overseas Investment Deal, March 2012 41
Table 9: PetroChina Company Limited, Major Announced and Completed Overseas Investment Deals, January 2007- March 2012 43
Table 10: PetroChina Company Limited, Major Planned Overseas Investment Deals, 2010 44
Table 11: Oil India Limited, Major Announced and Completed Overseas Investment Deals, January 2007- March 2012 47
Table 12: Oil India Limited, Major Planned Overseas Investment Deals, 2009 -2012 (March) 49
Table 13: PTT Exploration and Production PCL, Major Announced and Completed Overseas Investment Deals, 2007- 2010 51
Table 14: PTT Exploration and Production PCL, Major Planned Overseas Investment Deals, February 2012 55
Table 15: China Petroleum & Chemical Corporation, Major Announced and Completed Overseas Investment Deals, January 2007- March 2012 57
1.2 List of Figures
Figure 1: India, Gap Between Domestic Production and Consumption of Crude Oil and Natural Gas, MMboe, 2006 - 2011 8
Figure 2: Share of Investment Target of Five Indian Oil PSUs, %, 2011 - 2012 12
Figure 3: China, Gap Between Domestic Production and Consumption of Crude Oil and Natural Gas, MMboe, 2006-2011 15
Figure 4: Thailand, Gap Between Domestic Production and Consumption of Crude Oil and Natural Gas, MMboe, 2006-2011 17
Figure 5: OVL, Overseas Operations Map, February 2012 19
Figure 6: ONGC, Total Proved Oil and Gas Reserves, Geographical Distribution, Fiscal Year 2011 20
Figure 7: Oil and Natural Gas Corporation Limited, Reserve Replacement Ratio, %, 2007 - 2011 23
Figure 8: Estimated Share of Oil and Gas Production of OVL in India’s Oil and Gas Consumption, %, 2007 - 2018 25
Figure 9: India, Comparison of Reserves and Production of Major NOCs, MMboe, Fiscal Year 2011 26
Figure 10: Korea National Oil Corporation, Overseas E&P Operations, Location Map, February 2012 27
Figure 11: Estimated Share of Oil and Gas Production of KNOC in South Korea’s Oil and Gas Consumption, %, 2007 - 2012 33
Figure 12: Korea National Oil Corporation and SK Innovation Co., Ltd., Comparison of Reserves and Production, MMboe, 2010 34
Figure 13: CNOOC, Net Proved Oil and Gas Reserves, Geographic Distribution, December 31, 2011 35
Figure 14: CNOOC Limited, Reserve Replacement Ratio, %, 2007 - 2011 36
Figure 15: Estimated Share of Oil and Gas Production of CNOOC Limited in China’s Oil and Gas Consumption, %, 2007 - 2012 40
Figure 16: PetroChina Company Limited, E&P Operations, Location Map, December 2011 42
Figure 17: China, Comparison of Reserves, Production and Estimated Upstream Capital Expenditure of Major NOCs, MMboe and $m, 2012 45
Figure 18: Oil India Limited, E&P Operations, Location Map, November 2011 46
Figure 19: Estimated Share of Oil and Gas Production of Oil India Limited in India’s Oil and Gas Consumption, %, 2007 - 2012 48
Figure 20: PTT Exploration and Production PCL, E&P Operations, Location Map, March 2012 50
Figure 21: Estimated Share of Oil and Gas Production of PTT Exploration and Production PCL in Thailand’s Oil and Gas Consumption, %, 2007 - 2012 53
Figure 22: PTT Exploration and Production PCL, Reserve Replacement Ratio, %, 2007 - 2011 54
Figure 23: PTT Exploration and Production PCL, Distribution of Planned Drilling Expenditure by Region, $m, 2012 55
Figure 24: China Petroleum & Chemical Corporation, Total Proved Oil and Gas Reserves, Location Map, 2010 56
The Asian NOCs of India, South Korea, China and Thailand are playing an active role to ensure domestic energy security. Increasing demand and limited supplies of oil and gas have increased the import dependency of these countries. In order to secure oil and gas supplies, NOCs of the key Asian countries are aggressively increasing their international operations.
Scope
The report provides in-depth analysis of the role of key NOCs of India, South Korea, China and Thailand in ensuring domestic energy security. The scope of the report includes -
- Key information on the demand supply gap of oil and natural gas in key Asian countries including India, South Korea, China and Thailand.
- Details of how the NOCs of the Asian countries are mitigating the energy supply risk through international acquisitions.
- Rationale and strategic importance of the plans of Asian NOCs to invest in oil and gas assets abroad.
- Analysis of the role that key Asian NOCs are expected to Play in ensuring energy security of their countries.
Reasons to buy
The report will enhance your decision-making capability. It will allow you to -
- Devise a business strategy based on the scenario of the demand-supply gap of oil and gas in key Asian countries including India, South Korea, China and Thailand.
- Gain insights on the increasing overseas investments by key Asian NOCs to ensure domestic energy security.
- Take prompt and effective business decisions supported by well-researched analysis of the international investment scenario of various NOCs.
Get your copy of this report @ http://www.reportsnreports.com/reports/167827-asian-national-oil-companies-nocs-international-operations-to-play-a-key-role-in-ensuring-domestic-energy-security.html
Report Details:
Published: June 2012
No. of Pages: 62
Price: Single User Licence:US$3995 Corporate User License: US$ 11985
1 Table of Contents 3
1.1 List of Tables 4
1.2 List of Figures 5
2 Introduction 6
2.1 Overview 6
2.2 GlobalData Report Guidance 6
3 Key Asian Countries are Increasing Investments Abroad Through their NOCs To Mitigate Energy Supply Risk 7
3.1 India’s Heavy Import Dependence for Oil and Gas Prompt Overseas Acquisitions by the Country’s NOCs 7
3.1.1 Crude Oil and Natural Gas Supply-Demand Scenario in India 7
3.1.2 Government of India is Focusing on Three Main Strategic Objectives to Mitigate Future Risks Associated with the Demand - Supply Mismatch 9
3.1.3 Indian Oil Sector Public Sector Undertakings (PSUs) are Actively Pursuing Overseas Investments 10
3.2 South Korea Relies on Imports for Most of its Oil and Gas Requirements 13
3.2.1 Crude Oil and Natural Gas Supply Demand Scenario in South Korea 13
3.2.2 South Korea Focuses on Building Oil Stockpiling Capacity and Investing in Overseas Oil and Gas Assets to Ensure Energy Security 13
3.2.3 NOCs of South Korea are Focused on Overseas Investments to Gain Hydrocarbon Resource Base and Technological Know-How 14
3.3 China is Witnessing a Widening Gap Between Domestic Production and Consumption of Oil and Gas 14
3.3.1 Crude Oil and Natural Gas Supply Demand Scenario of China 14
3.3.2 China is Undertaking Several Measures to Ensure Domestic Energy Security 16
3.4 Thailand Depends on Imports for More than Two - Fifth of its Crude Oil and Natural Gas Consumption 17
3.4.1 Crude Oil and Natural Gas Supply Demand Scenario of Thailand 17
3.4.2 Thailand’s PTT Group is to Invest about 720 Billion Baht ($23.48 Billion) over 2012 - 2016 to Mitigate Demand-Supply Mismatch 18
4 ONGC is among the Key Asian NOCs in terms of International Investments in Upstream Sector Since 2010 19
4.1 Major Overseas Investments of ONGC Since 2007 20
4.2 ONGC is working towards Boosting its Reserve Replacement Ratio (RRR) 23
4.3 Major Overseas Planned Investments of ONGC 24
5 International Investments in the Upstream Sector Allow KNOC to Ensure Energy Security for South Korea 27
5.1 Major Overseas Investments of KNOC 28
5.2 Major Overseas Planned Investments of Korea National Oil Corporation 33
6 CNOOC’s Spree to Expand its International Upstream Operations has helped the Company to Bolster its RRR 35
6.1 CNOOC is striving to Strengthen its RRR 36
6.2 CNOOC has made Several Major Overseas Asset Acquisitions Since 2008 37
6.3 CNOOC Plans to Maintain its Production in the Range of 330MMboe to 340MMboe in 2012 41
7 PetroChina’s Business Strategy Includes Acquiring Resources Overseas and Expanding its Strategic Reserves 42
7.1 Major Overseas Investments of PetroChina 43
7.2 Major Overseas Planned Investments of PetroChina 44
8 Oil India Limited is Supporting Domestic Energy Security through its Core Business Objective of Diversifying Across Geographies 46
8.1 Major Overseas Investments of Oil India Limited 47
8.2 Major Overseas Planned Investments of Oil India Limited 49
9 PTTEP Considers North America, Australia, Thailand and South East Asia as its Growth Hubs 50
9.1 Major Overseas Investments of PTTEP 51
9.2 PTTEP’s RRR has Decreased Significantly over a Period 54
9.3 Major Overseas Planned Investments of PTTEP 55
10 Sinopec is Focusing on Overseas Acquisition to Expand its Reserves and Production Base 56
10.1 Major Overseas Investments of Sinopec 57
10.2 Major Overseas Planned Investments of Sinopec 58
11 Appendix 59
11.1 Source 59
11.2 Market Definition 59
11.3 Abbreviations 60
11.4 Methodology 61
11.4.1 Coverage 61
11.4.2 Secondary Research 61
11.4.3 Primary Research 61
11.4.4 Expert Panel Validation 62
11.5 Contact Us 62
11.6 Disclaimer 62
1.1 List of Tables
Table 1: Details of Participating Interest of PSUs in Overseas Oil and Gas Assets, June 2011 11
Table 2: Oil and Natural Gas Corporation Limited, Major Announced and Completed Overseas Investment Deals, January 2007- March 2012 21
Table 3: OVL, Overseas Oil and Gas Production, 2009 - 2012 22
Table 4: Oil and Natural Gas Corporation Limited, Major Planned Overseas Investment Deals, 2010-2012 (March) 24
Table 5: Korea National Oil Corporation, Major Announced and Completed Overseas Investment Deals, 2007-2012 (March) 28
Table 6: Korea National Oil Corporation, Major Planned Overseas Investment Deals, 2011 34
Table 7: CNOOC Limited, Major Announced and Completed Overseas Investment Deals, 2008 -2011 38
Table 8: CNOOC Limited, Major Planned Overseas Investment Deal, March 2012 41
Table 9: PetroChina Company Limited, Major Announced and Completed Overseas Investment Deals, January 2007- March 2012 43
Table 10: PetroChina Company Limited, Major Planned Overseas Investment Deals, 2010 44
Table 11: Oil India Limited, Major Announced and Completed Overseas Investment Deals, January 2007- March 2012 47
Table 12: Oil India Limited, Major Planned Overseas Investment Deals, 2009 -2012 (March) 49
Table 13: PTT Exploration and Production PCL, Major Announced and Completed Overseas Investment Deals, 2007- 2010 51
Table 14: PTT Exploration and Production PCL, Major Planned Overseas Investment Deals, February 2012 55
Table 15: China Petroleum & Chemical Corporation, Major Announced and Completed Overseas Investment Deals, January 2007- March 2012 57
1.2 List of Figures
Figure 1: India, Gap Between Domestic Production and Consumption of Crude Oil and Natural Gas, MMboe, 2006 - 2011 8
Figure 2: Share of Investment Target of Five Indian Oil PSUs, %, 2011 - 2012 12
Figure 3: China, Gap Between Domestic Production and Consumption of Crude Oil and Natural Gas, MMboe, 2006-2011 15
Figure 4: Thailand, Gap Between Domestic Production and Consumption of Crude Oil and Natural Gas, MMboe, 2006-2011 17
Figure 5: OVL, Overseas Operations Map, February 2012 19
Figure 6: ONGC, Total Proved Oil and Gas Reserves, Geographical Distribution, Fiscal Year 2011 20
Figure 7: Oil and Natural Gas Corporation Limited, Reserve Replacement Ratio, %, 2007 - 2011 23
Figure 8: Estimated Share of Oil and Gas Production of OVL in India’s Oil and Gas Consumption, %, 2007 - 2018 25
Figure 9: India, Comparison of Reserves and Production of Major NOCs, MMboe, Fiscal Year 2011 26
Figure 10: Korea National Oil Corporation, Overseas E&P Operations, Location Map, February 2012 27
Figure 11: Estimated Share of Oil and Gas Production of KNOC in South Korea’s Oil and Gas Consumption, %, 2007 - 2012 33
Figure 12: Korea National Oil Corporation and SK Innovation Co., Ltd., Comparison of Reserves and Production, MMboe, 2010 34
Figure 13: CNOOC, Net Proved Oil and Gas Reserves, Geographic Distribution, December 31, 2011 35
Figure 14: CNOOC Limited, Reserve Replacement Ratio, %, 2007 - 2011 36
Figure 15: Estimated Share of Oil and Gas Production of CNOOC Limited in China’s Oil and Gas Consumption, %, 2007 - 2012 40
Figure 16: PetroChina Company Limited, E&P Operations, Location Map, December 2011 42
Figure 17: China, Comparison of Reserves, Production and Estimated Upstream Capital Expenditure of Major NOCs, MMboe and $m, 2012 45
Figure 18: Oil India Limited, E&P Operations, Location Map, November 2011 46
Figure 19: Estimated Share of Oil and Gas Production of Oil India Limited in India’s Oil and Gas Consumption, %, 2007 - 2012 48
Figure 20: PTT Exploration and Production PCL, E&P Operations, Location Map, March 2012 50
Figure 21: Estimated Share of Oil and Gas Production of PTT Exploration and Production PCL in Thailand’s Oil and Gas Consumption, %, 2007 - 2012 53
Figure 22: PTT Exploration and Production PCL, Reserve Replacement Ratio, %, 2007 - 2011 54
Figure 23: PTT Exploration and Production PCL, Distribution of Planned Drilling Expenditure by Region, $m, 2012 55
Figure 24: China Petroleum & Chemical Corporation, Total Proved Oil and Gas Reserves, Location Map, 2010 56
