1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Energy Market Trends
  5. > Papua New Guinea Oil and Gas Report Q2 2016

Papua New Guinea Oil and Gas Report Q2 2016

  • April 2016
  • -
  • Business Monitor International
  • -
  • 84 pages

Includes 3 FREE quarterly updates

BMI View: PNG is on course to become the third largest LNG exporter in the Asia-Pacific by 2019,supported by output from ExxonMobil's PNG LNG project and Total's Papua LNG project, which isexpected to come online in the latter half of the decade. Longer-term upside risks to our forecasts remain,with a potential for a third standalone LNG project based off Horizon Oil's Stanley gas project.

The main trends and developments we highlight for Papua New Guinea's oil and gas sector are:

- A significant ramp-up in its LNG exports, driven by the likes of PNG LNG and Papua LNG projects, isset to propel PNG to become the third largest LNG exporter in the Asia-Pacific by 2019, overtakingIndonesia and Brunei.

- Despite underinvestment in oil developments, PNG's crude oil and liquids production will remain largelystable over 2016-2025, supported by associated condensates output from gas developments associatedwith large LNG export ventures.

- Independent gas certification process has begun at the Elk-Antelope gas field, marking yet another stepforward in the field's gradual move towards a final investment decision (FID). Following the process, thePapua LNG JV plans to agree upon a final development concept for the project.

- Improved production efficiency and utilisation rate at the Napa Napa refinery will see PNG remain asmall net exporter of refined fuels over the next decade.

- The government is stepping up efforts to attract investment in developing its domestic gas processingcapability. This poses an upside risk to our gas consumption forecasts, as it will allow for greater gas uselargely in the power sector.

Table Of Contents

Papua New Guinea Oil and Gas Report Q2 2016
BMI Industry View 7
Table: Headline Forecasts (Papua New Guinea 2014-2020) 7
SWOT 8
Oil and Gas 8
Industry Forecast 10
Upstream Exploration 10
Latest Updates 10
Structural Trends 10
Table: Proven Oil and Gas Reserves (Papua New Guinea 2014-2019) 11
Table: Proven Oil and Gas Reserves (Papua New Guinea 2020-2025) 11
Upstream Projects 12
Table: Papua New Guinea - Key Upstream Projects 12
Upstream Production - Oil 14
Latest Updates 14
Structural Trends 14
Table: Oil Production (Papua New Guinea 2014-2019) 16
Table: Oil Production (Papua New Guinea 2020-2025) 16
Upstream Production - Gas 17
Latest Updates 17
Structural Trends 17
Table: Gas Production (Papua New Guinea 2014-2019) 18
Table: Gas Production (Papua New Guinea 2020-2025) 19
Refining 20
Latest Updates 20
Structural Trends 20
Table: Refining Capacity and Refined Products Production (Papua New Guinea 2014-2019) 22
Table: Refining Capacity and Refined Products Production (Papua New Guinea 2020-2025) 22
Refined Fuels Consumption 23
Latest Updates 23
Structural Trends 23
Table: Refined Products Consumption* (Papua New Guinea 2014-2019) 24
Table: Refined Products Consumption* (Papua New Guinea 2020-2025) 24
Gas Consumption 25
Latest Updates 25
Structural Trends 25
Table: Gas Consumption (Papua New Guinea 2014-2019) 26
Table: Gas Consumption (Papua New Guinea 2020-2025) 27
Trade - Oil 28
Crude Oil 28
Latest Updates 28
Structural Trends 28
Table: Crude Oil Net Exports (Papua New Guinea 2014-2019) 29
Table: Crude Oil Net Exports (Papua New Guinea 2020-2025) 30
Refined Fuels 30
Latest Updates 30
Structural Trends 30
Table: Refined Fuels Net Exports (Papua New Guinea 2014-2019) 31
Table: Refined Fuels Net Exports (Papua New Guinea 2020-2025) 32
Trade - Gas (Pipeline and LNG) 33
Latest Updates 33
Structural Trends 33
Table: Gas Net Exports (Papua New Guinea 2014-2019) 35
Table: Gas Net Exports (Papua New Guinea 2020-2025) 35
Industry Risk Reward Index 36
Asia - Oil and Gas Risk/Reward Index 36
Upstream Risk/Reward Index: Persistent Oil Price Weakness Underpins Bearish Outlook 37
Table: Asia: Upstream Risk/Reward Index 37
Downstream Risk/Reward Index: Projection For Weaker Economic Growth Undermines India's Scores 40
Table: Asia: Downstream Risk/Reward Index 40
Papua New Guinea - Risk/Reward Index 42
Upstream Index 42
Downstream Index 42
Market Overview 43
Papua New Guinea Energy Market Overview 43
Regulatory Structure 43
Licensing Regime 43
Table: OandG Licenses In PNG 44
Fiscal Regime 44
Table: Papua New Guinea Fiscal Regime 44
Oil And Gas Infrastructure 45
Table: Oil Refineries 45
Service Stations 45
Oil Storage 45
LNG Terminals 45
Table: LNG Terminals in Papua New Guinea 45
Gas Pipelines 46
Competitive Landscape 47
Table: Key Players - PNG Oil And Gas Sector 48
Table: Upstream Players 48
Table: Downstream Players 48
Company Profile 49
InterOil 49
Oil Search 54
Other Summaries 61
Regional Overview 69
Industry Trend Analysis 69
Glossary 77
Table: Glossary Of Terms 77
Methodology 79
Industry Forecast Methodology 79
Source 81
Risk/Reward Index Methodology 81
Table: Bmi's Oil and Gas Upstream Risk/Reward Index 83
Table: Weighting 84

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.