1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Energy Market Trends
  5. > Croatia Oil and Gas Report Q3 2016

Croatia Oil and Gas Report Q3 2016

  • June 2016
  • -
  • Business Monitor International
  • -
  • 69 pages

Includes 3 FREE quarterly updates

BMI View: Croatia announced an indefinite delay to offshore oil exploration, a move which reinforces thealready bearish outlook for reserves and production. A delay in the signing of contracts for onshoreexploration, which the government has said it continues to support, further underscores the regulatoryuncertainty facing upstream investors. The outlook for a proposed liquefied natural gas (LNG) terminalremains positive; a decision on it is likely in 2016.

The main trends and developments in Croatia's oil and gas sector are:

- Oil and gas agency CHA announced in April an indefinite delay to the award of outstanding offshoreblocks. The decision highlights political and environmental opposition to offshore oil and gas explorationin the Adriatic. The prospects for offshore drilling in the near term are remote and the moratorium willweigh on the long-term outlook for liquids reserves and production.

- The government has signalled it could support offshore exploration for gas, though a lack of regulatoryclarity remains a concern. Bidders in Croatia's only offshore drilling round in 2015 also indicated apreference for gas- rather than oil-prone acreage, suggesting it may be more difficult to attract investmentwith a ban on exploration for liquids offshore.

- Croatian officials have indicated strong backing for a LNG at Krk, with a final investment decision on theproject possible at some point in 2016. We have included the terminal in our forecasts given support fromboth Croatia and the EU, though we note reports from April suggest the a floating LNG rather thanonshore plant as initially thought may be developed.

- The government has signalled it wants to revive negotiations with Hungarian energy group MOL onCroatian oil and gas company INA. Tensions between the government and MOL have led to uncertaintyover the future of Croatia's two refineries. No talks have been held for two years and the government had,as of April, yet to appoint a team to lead the discussions, though an easing of tensions between the twoparties could provide clarity as to the long-term outlook for Croatia's downstream sector.

Table Of Contents

Croatia Oil and Gas Report Q3 2016
BMI Industry View 7
Table: Headline Forecasts (Croatia 2014-2020) 7
SWOT 9
Oil and Gas SWOT 9
Industry Forecast 11
Upstream Exploration 11
Latest Updates 11
Structural Trends 11
Table: Proven Oil and Gas Reserves (Croatia 2014-2019) 14
Table: Proven Oil and Gas Reserves (Croatia 2020-2025) 14
Upstream Production - Oil 15
Latest Updates 15
Structural Trends 15
Table: Oil Production (Croatia 2014-2019) 17
Table: Oil Production (Croatia 2020-2025) 17
Upstream Production - Gas 17
Latest Updates 17
Structural Trends 17
Table: Gas Production (Croatia 2014-2019) 19
Table: Gas Production (Croatia 2020-2025) 19
Refining 20
Latest Updates 20
Structural Trends 20
Table: Refining Capacity and Refined Products Production (Croatia 2014-2019) 22
Table: Refining Capacity and Refined Products Production (Croatia 2020-2025) 22
Refined Fuels Consumption 23
Latest Updates 23
Structural Trends 23
Table: Refined Products Consumption* (Croatia 2014-2019) 26
Table: Refined Products Consumption* (Croatia 2020-2025) 26
Gas Consumption 26
Latest Updates 26
Structural Trends 26
Table: Gas Consumption (Croatia 2014-2019) 28
Table: Gas Consumption (Croatia 2020-2025) 28
Trade - Oil 28
Latest Updates 28
Structural Trends 28
Crude Oil 28
Table: Crude Oil Net Exports (Croatia 2014-2020) 29
Table: Crude Oil Net Exports (Croatia 2020-2025) 30
Fuels Trade 30
Table: Refined Fuels Net Exports (Croatia 2014-2019) 31
Table: Refined Fuels Net Exports (Croatia 2020-2025) 31
Table: Total Net Oil Exports - Crude and Products (Croatia 2014-2019) 31
Table: Total Net Oil Exports - Crude and Products (Croatia 2020-2025) 32
Trade - Gas (Pipeline And LNG) 32
Latest Updates 32
Structural Updates 32
Table: Gas Net Exports (Croatia 2014-2019) 34
Table: Gas Net Exports (Croatia 2020-2025) 34
Industry Risk Reward Index 35
Central And Eastern Europe Oil and Gas Risk/Reward Index 35
Table: CEE: High Risk, Low Reward 35
Table: CEE Upstream, Downstream And Overall Risk/Reward Index 36
Upstream: China Still The Target Market 36
Table: CEE Upstream Risk/Reward Index 38
Downstream: Turkish STAR Only Bright Spot In Weak Market 39
Table: CEE Downstream Risk/Reward Index 41
Croatia - Risk/Reward Index 43
Market Overview 45
Croatia Energy Market Overview 45
Regulatory Structure 45
Fiscal Regime 46
Table: Croatia - Upstream Tax Regime 46
Licensing Regime 46
Table: Croatia - Contracts and Licensing Regime 46
Licensing Rounds 46
Oil And Gas Infrastructure 48
Oil Refineries 48
Table: Oil Refineries In Croatia 48
Oil Storage Facilities 48
Oil Terminals/Ports 49
Table: Croatia Oil Terminals and Ports 49
LNG 49
Table: Existing And Planned LNG Terminals 49
Table: Croatia - Gas Storage Terminal 49
Gas Pipeline 49
Table: Croatia - Natural Gas Pipeline 49
Crude Oil Pipelines 50
Table: Croatia - Crude Oil Pipelines 50
Competitive Landscape 51
Competitive Landscape Summary 51
Table: Key Players In Croatian Energy Sector 53
Table: Key Upstream Players 53
Table: Key Downstream Players 53
Regional Overview 54
Central And Eastern Europe Oil and Gas Regional Overview 54
Oil Production: Oil Powerhouses Falter On Weak Prices 54
Oil Consumption: Short-Term Weakness As Russia Struggles 55
Refining Capacity: Modernisation Key To Competing 56
Natural Gas Production: Gas Ramp-Up Demand Dependent 57
Table: Central Asia-China Gas Pipeline Expansions 58
Gas Consumption: Demand Falters On Struggling Economies 59
Table: Central and Eastern Europe Oil and Gas Production and Consumption, Refining Capacity and Trade 60
Glossary 62
Table: Glossary Of Terms 62
Methodology 64
Industry Forecast Methodology 64
Source 66
Risk/Reward Index Methodology 66
Table: Bmi's Oil and Gas Upstream Risk/Reward Index 68
Table: Weighting 69

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Gas Detection Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Gas Detection Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • October 2016
  • by Transparency Market Research

Gas Detection Equipment Market: Scope and Methodology This report on the global gas detection equipment market provides analysis both in terms of value and shipment for the period from 2014 to 2024, wherein ...

Environmental Remediation Market by Environmental Medium (Soil & Groundwater), Technology (Bioremediation, Pump & Treat, Soil Vapor Extraction, Thermal Treatment, Soil Washing), Application, and Geography - Global Forecast to 2022

Environmental Remediation Market by Environmental Medium (Soil & Groundwater), Technology (Bioremediation, Pump & Treat, Soil Vapor Extraction, Thermal Treatment, Soil Washing), Application, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • October 2016
  • by MarketsandMarkets

“Environmental remediation market to grow at a high CAGR of 7.62% between 2016 and 2022” The environmental remediation market is expected to reach USD 123.13 billion by 2022, at a CAGR of 7.62% between ...


ref:plp2016

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.