Saudi Arabia Oil and Gas Report

 Published On: Sep, 2016 |    No of Pages: 74 |  Published By: BMI Oil and Gas | Format: PDF
Request Free Sample
BMI View: Crude production in Saudi Arabia continues to grow, as the kingdom looks to balance existing export commitments with rising demand domestically. Export volumes will be supported by increased oil-togas switching in the power sector in 2016, with the commissioning of the Wasit gas plant. In order to grow the role of gas in the longer term, Aramco is targeting development of its vast unconventionals potential. However, we expect progress here to remain slow, despite an uptick in investment towards R&D. The outlook for gas consumption is bullish, driven by rising demand from the power and petrochemical sectors. However, consumption will remain capped by production across our forecast period. Fuels consumption growth has softened markedly in the YTD, due to the impact of subsidy reform and a weakened  macroeconomic setting.

Latest Updates & Key Trends
-Saudi output will trend gently upwards across the next five years.
-However, we forecast exports to remain flat as new refining capacity is brought online, absorbing forecast production growth.
-In order to support exports, the kingdom has looked to increase the role of gas in the domestic power and industrial sectors. However, domestic gas consumption remains heavily capped due to limited production growth.
BMI Industry View ... 7
Table: Headline Forecasts (Saudi Arabia 2014-2020)                 . . 7
SWOT ...... 9
Oil & Gas SWOT  9
Industry Forecast .. 10
Upstream Exploration  10
Latest Updates ........ 10
Structural Trends ..... 10
Upstream Projects ..... 13
Table: Upstream Project Database                    . . . 13
Upstream Production - Oil ... 15
Structural Trends ..... 15
Table: Oil Production (Saudi Arabia 2014-2019)                  17
Table: Oil Production (Saudi Arabia 2020-2025)                  17
Upstream Production - Gas .. 18
Latest Updates  18
Structural Trends ..... 18
Table: Gas Production (Saudi Arabia 2014-2019)                 . . . . . 21
Table: Gas Production (Saudi Arabia 2020-2025)                 . . . . . 21
Refining . 22
Latest Updates  22
Structural Trends ..... 22
Table: Refining Capacity and Refined Products Production (Saudi Arabia 2014-2019)           . . 24
Table: Refining Capacity and Refined Products Production (Saudi Arabia 2020-2025)           . . 25
Refined Fuels Consumption .. 26
Latest Updates  26
Structural Trends ..... 26
Table: Saudi Arabia Fuel Price Reform, December 2015                . . . . 28
Table: Refined Products Consumption* (Saudi Arabia 2014-2019)              . . . . . 32
Table: Refined Products Consumption* (Saudi Arabia 2020-2025)              . . . . . 32
Gas Consumption ...... 33
Latest Updates  33
Structural Trends ..... 33
Table: Gas Consumption (Saudi Arabia 2014-2019)                 . . . 35
Table: Gas Consumption (Saudi Arabia 2020-2025)                 . . . 35
Trade - Oil ...... 36
Crude Oil ...... 36
Latest Updates  36
Structural Trends ..... 36
Table: Crude Oil Net Exports (Saudi Arabia 2014-2020)                . . . . 39
Table: Crude Oil Net Exports (Saudi Arabia 2020-2025)                . . . . 39
Refined Fuels . 39
Latest Updates  39
Structural Trends ..... 40
Table: Refined Fuels Net Exports (Saudi Arabia 2014-2019)                41
Table: Refined Fuels Net Exports (Saudi Arabia 2020-2025)                41
Trade - Gas (Pipeline and LNG) ..... 42
Structural Trends ..... 42
Industry Risk Reward Index ... 43
Middle East - Oil & Gas Risk/Reward Index ....... 43
Table: Middle East Oil & Gas Risk/Reward Index                 . . . . . 43
Upstream: Index Resilient In Lower Price Environment ........ 44
Table: Middle East Upstream Oil & Gas Risk/Reward Index                44
Downstream: Limited Opportunities ....... 46
Table: Middle East Downstream Oil & Gas Risk/Reward Index               . . 46
Saudi Arabia - Risk/Reward Index .. 49
Market Overview ... 50
Saudi Arabia Energy Market Overview ..... 50
Regulatory Overview  50
Licensing Regime ..... 50
Fiscal Regime . 50
Table: Saudi Arabia PCA Main Fiscal Terms                  . . . . 50
Oil And Gas Infrastructure ... 51
Oil Refineries . 51
Table: Saudi Arabia Oil Refineries                    . . . 51
Oil Terminals/Ports .. 51
Oil Pipelines .. 52
Gas Pipelines . 53
Competitive Landscape . 54
Competitive Landscape Summary .. 54
Company Profile .... 55
Saudi Aramco .. 55
Latest Updates  55
Table: Major Upstream Assets In Saudi Arabia                  . . 56
Regional Overview  57
Middle East Oil & Gas Regional Overview  57
Oil Production: Output On Upward Trajectory .. 57
Oil Consumption: Gas And Subsidy Reform Tempering Demand ...... 60
Table: Gasoline-95 Pump Price June 2015 & March 2016 (USD/Litre)              60
Refining Capacity: Mega Refineries To Outcompete .... 62
Gas Production: Upstream Focus Swaying To Gas ...... 63
Gas Consumption: Industrial Growth And Power Drive Demand ..... 65
Table: Middle East Oil & Gas Production, Refining Capacity & Trade              . 66
Glossary ........ 67
Table: Glossary Of Terms                      67
Methodology . 69
Industry Forecast Methodology .... 69
Source . 71
Risk/Reward Index Methodology ... 71
Table: Bmi's Oil & Gas Upstream Risk/Reward Index                 . 73
Table: Weighting                       . . . 74
If the above report does not have the information suitable for your business, we can provide custom research that can be lucrative for your business or enhance your profession.