1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Energy Market Trends
  5. > Chile Oil and Gas Report Q4 2016

Chile Oil and Gas Report Q4 2016

  • August 2016
  • -
  • Business Monitor International
  • -
  • 90 pages

Includes 3 FREE quarterly updates


BMI View:

With a lack of below-ground rewards, Chile will suffer from a continued deficit of hydrocarbon supplies and a high dependence on imported energy feedstock. Chile's most immediate opportunities lie in the expansion of their LNG import facilities as a means to meet growing domestic demand. On a longerterm basis, Chile is exploring the possibility of tapping its unconventional resources in the Magallanes region, though we caution its development will remain challenging within a lower oil price environment. Key trends and developments in the Chilean oil & gas sector are:

- On June 13, Chilean national oil company (NOC) Empresa Nacional Del Petróleo (ENAP) announced it had signed an agreement with US independent ConocoPhillips to explore for and produce natural gas in the south of the country. The agreement (known as CEOP) will target the Coirón block in the Magallanes region, with the NOC retaining a 51.0% operating stake in the project. The CEOP will allow ConocoPhillips to increase its upstream activity in phases, with investment expected to reach USD70-100mn over the next four years, depending on exploration and appraisal results within the play.

- The Mejilliones LNG import terminal received environmental approval for its USD40mn expansion project in July 2016. The project is expected to expand liquefaction capacity from 5.5mcm/d to 10mcm/d.

- In August, ENAP completed a USD700bn international bond issue with a yield of 3.951% and a coupon of 3.75%, maturing in 2026. This issuance was a record for the NOC for the highest dollar amount and lowest yield in the company's history.

- Chile will remain among Latin America's most advanced economies over the coming decade, supported by its strong fundamentals. Manufacturing and services will increasingly drive growth, as the end of the commodity boom dims the copper sector's outlook.

Table Of Contents

Chile Oil and Gas Report Q4 2016
BMI Industry View 7
Table: Headline Forecasts (Chile 2014-2020) 7
SWOT 8
Oil and Gas SWOT 8
Industry Forecast 10
Upstream Exploration 10
Latest Updates 10
Structural Trends 10
Upstream Projects 14
Table: Key Upstream Projects In Chile 14
Upstream Production - Oil 15
Latest Updates 15
Structural Trends 15
Table: GeoPark Holdings In Chile, Summary By Block 18
Table: Oil Production (Chile 2014-2019) 18
Table: Oil Production (Chile 2020-2025) 18
Upstream Production - Gas 19
Latest Updates 19
Structural Trends 19
Table: Gas Production (Chile 2014-2019) 22
Table: Gas Production (Chile 2020-2025) 22
Refining 23
Latest Updates 23
Structural Trends 23
Table: Refining Capacity and Refined Products Production (Chile 2014-2019) 25
Table: Refining Capacity and Refined Products Production (Chile 2020-2025) 25
Refined Fuels Consumption 26
Latest Updates 26
Structural Trends 26
Table: Refined Products Consumption* (Chile 2014-2019) 27
Table: Refined Products Consumption* (Chile 2020-2025) 28
Gas Consumption 29
Latest Updates 29
Structural Trends 29
Table: Gas Consumption (Chile 2014-2019) 30
Table: Gas Consumption (Chile 2020-2025) 31
Trade - Oil 32
Crude Oil: Latest Updates 32
Crude Oil: Structural Trends 32
Table: Crude Oil Net Exports (Chile 2014-2020) 33
Table: Crude Oil Net Exports (Chile 2020-2025) 34
Refined Products: Latest Updates 34
Refined Products: Structural Trends 34
Table: Refined Fuels Net Exports (Chile 2014-2019) 36
Table: Refined Fuels Net Exports (Chile 2020-2025) 36
Trade - Gas (Pipeline And LNG) 37
Latest Updates 37
Structural Trends 37
Table: Gas Net Exports (Chile 2014-2019) 40
Table: Gas Net Exports (Chile 2020-2025) 41
Industry Risk Reward Index 42
Latin America - Oil and Gas Risk/Reward Index 42
Table: Latin America - Composite Risk/Reward Index 42
Composite RRI: Continued Adjustments Level Off Rankings 43
Upstream RRI: Steady Scores Mask Forthcoming Shifts 44
Table: Latin America - Upstream Risk/Reward Index 45
Downstream: NOC Dominance Will Reinforce Fuels Deficit 47
Table: Latin America Downstream Risk/Reward Index 49
Chile - Risk/Reward Index 50
Upstream Index 50
Downstream Index 51
Market Overview 53
Energy Market Overview 53
State Role And The New National Energy Policy 54
Investment Rounds 56
International Energy Relations 57
Oil And Gas Infrastructure 60
Oil Refineries 60
Table: Refineries In Chile 60
Service Stations 61
Gas Pipelines 61
LNG Terminals 61
Table: LNG Terminals In Chile 63
Competitive Landscape 64
Competitive Landscape Summary 64
Table: Chile - Key Players 65
Table: Chile - Key Upstream Players 65
Table: Chile - Key Downstream Players 66
Company Profile 67
ENAP 67
Table: Table: Major Assets In Chile 68
Table: Table: Key Financial Data (USDmn) 69
Regional Overview 70
Latin America Overview 70
Table: Latin America Oil and Gas Production, Refining Capacity and Trade, 2014-2025 81
Glossary 83
Table: Glossary Of Terms 83
Methodology 85
Industry Forecast Methodology 85
Source 87
Risk/Reward Index Methodology 87
Table: Bmi's Oil and Gas Upstream Risk/Reward Index 89
Table: Weighting 90

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.