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

United Arab Emirates Oil and Gas Report Q3 2016

  • July 2016
  • -
  • Business Monitor International
  • -
  • 74 pages

Includes 3 FREE quarterly updates

BMI View: The UAE's oil and gas production is set for a sustained, albeit unimpressive growth over thenext five years. The consumption outlook for both oil and gas is strong, although ongoing subsidy reformwill somewhat temper growth. The UAE will grow increasingly dependent on imports of pipeline gas andLNG across the forecast period. However, it is set to become a net exporter of fuels from 2016 due to theexpansion at Ruwais facility.Latest Updates & Structural Trends

- Driven by field expansion and enhanced oil recovery (EOR) techniques, crude oil and condensatesproduction is set to rise by 0.8% per annum during 2016-2022, peaking at 3.98mn bbl. The output is setfor minor declines towards the end of our forecast period.

- Supported by additional volumes from Zora and Shah gas fields, the UAE's 2016 gas production isprojected to rise by 12.1% to 71.6bcm. Bab gas project is expected to boost the total gas output to a peak75.1bcm in 2021, followed by gradual declines due to maturing fields.

- Following a significant capacity expansion at Ruwais facility, the UAE will substantially increase itsrefined products output over the next few years. While there is a number of projects aimed at furtherexpansion the country's refining capacity, we remain cautious on their prospects due to financingconstraints and increasingly saturated global products market.

- Crude exports are expected to decline marginally over our forecast period, from an estimated 3.2mn bblin 2015 to around 3.0mn bbl in 2025.

- The expanded refining capacity will turn the Emirates into a net exporter of refined products in 2016.Exports will peak at around 144,000b/d in 2018, before declining back to 22,000b/d in 2025, pressuredby surging domestic demand.

- According to Bloomberg reports in May 2016, EmiratesLNG has indefinitely delayed the constructionof an onshore LNG import terminal at Fujairah port, Abu Dhabi.

Table Of Contents

United Arab Emirates Oil and Gas Report Q3 2016
BMI Industry View 7
Table: Headline Forecasts (United Arab Emirates 2014-2020) 7
SWOT 9
Industry Forecast 11
Upstream Exploration 11
Latest Updates 11
Structural Trends 11
Upstream Projects 13
Table: United Arab Emirates Major Upstream Projects 13
Upstream Production - Oil 16
Latest Updates 16
Structural Trends 16
Table: Oil Production (United Arab Emirates 2014-2019) 18
Table: Oil Production (United Arab Emirates 2020-2025) 18
Upstream Production - Gas 19
Latest Updates 19
Structural Trends 19
Table: Gas Production (United Arab Emirates 2014-2019) 21
Table: Gas Production (United Arab Emirates 2020-2025) 22
Refining 23
Latest Updates 23
Structural Trends 23
Table: Refining Capacity and Refined Products Production (United Arab Emirates 2014-2019) 25
Table: Refining Capacity and Refined Products Production (United Arab Emirates 2020-2025) 25
Refined Fuels Consumption 26
Latest Updates 26
Structural Trends 26
Table: Refined Products Consumption* (United Arab Emirates 2014-2019) 30
Table: Refined Products Consumption* (United Arab Emirates 2020-2025) 31
Gas Consumption 32
Latest Updates 32
Structural Trends 32
Table: Gas Consumption (United Arab Emirates 2014-2019) 35
Table: Gas Consumption (United Arab Emirates 2020-2025) 35
Trade - Oil 36
Latest Updates 36
Structural Trends: Crude Oil 36
Table: Crude Oil Net Exports (United Arab Emirates 2014-2020) 37
Table: Crude Oil Net Exports (United Arab Emirates 2020-2025) 38
Structural Trends: Refined Fuels 38
Table: Refined Fuels Net Exports (United Arab Emirates 2014-2019) 39
Table: Refined Fuels Net Exports (United Arab Emirates 2020-2025) 40
Trade - Gas (Pipeline and LNG) 41
Latest Updates 41
Structural Trends 41
Table: Gas Net Exports (United Arab Emirates 2014-2019) 42
Table: Gas Net Exports (United Arab Emirates 2020-2025) 43
Industry Risk/Reward Index 44
Middle East - Oil and Gas Risk/Reward Index 44
Table: Middle East Oil and Gas Risk/Reward Index 44
Upstream: Index Resilient In Lower Price Environment 45
Table: Middle East Upstream Oil and Gas Risk/Reward Index 45
Downstream: Limited Opportunities 47
Table: Middle East Downstream Oil and Gas Risk/Reward Index 47
UAE - Risk/Reward Index 50
UAE Upstream Index 50
UAE Downstream Index 50
Market Overview 51
United Arab Emirates Energy Market Overview 51
Regulatory Structure 51
Fiscal Regime 51
Table: UAE Main Fiscal Terms 51
Licensing Regime 52
Oil And Gas Infrastructure 53
Oil Refineries 53
Table: Refineries In The UAE 53
Oil Export Terminals 53
Table: UAE Export Terminals 53
Competitive Landscape 54
Competitive Landscape Summary 54
Table: Key Domestic And Foreign Companies In The UAE's Oil and Gas Sector 55
Company Profile 56
ADNOC 56
Table: Major Upstream Assets In UAE 57
Table: Key Financial Data 57
Regional Overview 58
Middle East Oil and Gas Regional Overview 58
Oil Production: Two Tiers Emerging 58
Oil Consumption: Subsidy Reform Tempering Demand Growth 60
Table: Gasoline-95 Pump Price June 2015 and March 2016 (Usd/Litre) 60
Refining Capacity: Mega Refineries Outcompete In Oversupplied Market 62
Gas Production: In Need Of More Gas 63
Gas Consumption: Switch To Gas Power Will Boost Demand 65
Table: Middle East Oil and Gas Production, Refining Capacity and 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 and Gas Upstream Risk/Reward Index 73
Table: Weighting 74

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
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 ...

Artificial Lift Market by Type (Electrical Submersible Pumps, Rod Lift, Progressive Cavity Pumps, Gas Lift, and Others), Mechanism (Pump Assisted and Gas Assisted), Application (Onshore and Offshore), and Region - Global Forecasts to 2021

Artificial Lift Market by Type (Electrical Submersible Pumps, Rod Lift, Progressive Cavity Pumps, Gas Lift, and Others), Mechanism (Pump Assisted and Gas Assisted), Application (Onshore and Offshore), and Region - Global Forecasts to 2021

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

“The artificial lift market is projected to grow at a CAGR of 4.91% from 2016 to 2021” The artificial lift market is projected to reach USD 9.69 billion by 2021, growing at a CAGR of 4.91% from 2016 ...


ref:plp2016

Reportlinker.com © Copyright 2016. All rights reserved.

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