1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Energy Market Trends
  5. > Venezuela Oil and Gas Report Q1 2016

Venezuela Oil and Gas Report Q1 2016

  • November 2015
  • -
  • Business Monitor International
  • -
  • 92 pages

Includes 3 FREE quarterly updates

BMI View: We maintain our cautious outlook for Venezuela's oil & gas sector despite vast belowgroundpotential and ambitious production plans by state-owned PDVSA. We expect Venezuela to continueto underperform given the large scope of operational challenges, including excessive political interference,chronic underinvestment, an unattractive operating environment and the precarious financial situation ofPDVSA. Moreover, the sustained fall in global oil prices will deteriorate production growth prospects asboth PDVSA and international investors face declining revenues and a reduction in available capex funds.? We have upgraded our forecasts for exploration and production growth at the back end of our forecastperiod in light of our forecast for a more pronounced recovery in Brent benchmark prices beginning in2018. However, we expect prices will average below USD80/bbl though 2024. As such, Venezuelanupstream activity will remain well below it potential given the country's vast below ground potential.

Table Of Contents

Venezuela Oil and Gas Report Q1 2016
BMI Industry View 7
Table: Headline Forecasts (Venezuela 2013-2019) 7
Latest Updates And Key Forecasts 7
SWOT 8
Industry Forecast 10
Upstream Exploration 10
Latest Updates 10
Structural Trends 10
Upstream Projects 12
Table: Venezuela - Major Upstream Projects 12
Upstream Production - Oil 14
Latest Updates: 14
Structural Trends 15
Table: Oil Production (Venezuela 2013-2018) 22
Table: Oil Production (Venezuela 2019-2024) 22
Upstream Production - Gas 22
Latest Updates 22
Structural Trends 23
Table: Gas Production (Venezuela 2013-2018) 26
Table: Gas Production (Venezuela 2019-2024) 26
Refining 26
Latest Updates 26
Structural Trends 27
Table: Refining Capacity and Refined Products Production (Venezuela 2013-2018) 30
Table: Refining Capacity and Refined Products Production (Venezuela 2019-2024) 31
Refined Fuels Consumption 31
Latest Updates 31
Structural Trends 31
Table: Refined Products Consumption* (Venezuela 2013-2018) 33
Table: Refined Products Consumption* (Venezuela 2019-2024) 33
Gas Consumption 34
Latest Updates 34
Structural Trends 34
Table: Gas Consumption (Venezuela 2013-2018) 36
Table: Gas Consumption (Venezuela 2019-2024) 36
Trade - Oil 36
Crude Oil 36
Latest Updates 36
Structural Trends 37
Table: Crude Oil Net Exports (Venezuela 2013-2019) 39
Table: Crude Oil Net Exports (Venezuela 2019-2024) 39
Refined Products 39
Latest Updates 39
Structural Trends 39
Table: Refined Fuels Net Exports (Venezuela 2013-2018) 40
Table: Refined Fuels Net Exports (Venezuela 2019-2024) 41
Trade - Gas (Pipeline And LNG) 41
Latest Updates: 41
Structural Trends: 41
Table: Gas Net Exports (Venezuela 2013-2018) 43
Table: Gas Net Exports (Venezuela 2019-2024) 43
Industry Risk Reward Index 44
Venezuela - Risk/Reward Index 44
Venezuela Upstream Index - Overview 44
Downstream Index - Overview 45
Market Overview 46
Venezuela Energy Market Overview 46
Overview 46
State Role 46
Licensing And Regulation 47
Government Policy 47
International Energy Relations 48
Oil And Gas Infrastructure 52
Oil Refineries 52
Table: Active Refineries In Venezuela 52
Oil Pipelines 55
LNG Terminals 55
Gas Pipelines 56
Competitive Landscape 58
Competitive Landscape Summary 58
Table: Key Players - Venezuela Oil and Gas Sector 59
Table: Key Upstream Players 60
Table: Key Downstream Player 60
Company Profile 61
Chevron 61
PDVSA 65
Repsol Venezuela 72
Total Venezuela 76
Other Summaries 79
Glossary 85
Table: Glossary Of Terms 85
Methodology 87
Industry Forecast Methodology 87
Source 89
Risk/Reward Index Methodology 89
Table: Bmi's Oil and Gas Upstream Risk/Reward Index 91
Table: Weighting 92

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
Global Oil and Gas Pipelines Industry Outlook to 2020 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Pipelines

Global Oil and Gas Pipelines Industry Outlook to 2020 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Pipelines

  • $ 8 000
  • Industry report
  • June 2016
  • by Global Data

Global Oil and Gas Pipelines Industry Outlook to 2020 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Pipelines Summary "Global Oil and Gas Pipelines Industry Outlook ...

LNG Yearbook 2016: The Ultimate Guide to Liquefied Natural Gas Infrastructure 2016-2026

LNG Yearbook 2016: The Ultimate Guide to Liquefied Natural Gas Infrastructure 2016-2026

  • $ 6 599
  • Industry report
  • May 2016
  • by Visiongain

Report Details The definitive LNG Yearbook 2016 is the ultimate reference source for the liquefied natural gas industry. The yearbook indicates that the global LNG infrastructure market including large ...

Corrosion Monitoring Market by Type Technique, End-Use Industry - Global Forecast to 2021

Corrosion Monitoring Market by Type Technique, End-Use Industry - Global Forecast to 2021

  • $ 5 650
  • Industry report
  • September 2016
  • by MarketsandMarkets

“Global corrosion monitoring market projected to register a CAGR of 9.1%” The corrosion monitoring market size is estimated to reach USD 297.8 million by 2021, at a CAGR of 9.1% between 2016 and 2021. ...


ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

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