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Oil Market Outlook in Turkmenistan, 2010

Published By :

GlobalData

Published Date : Sep 2010

Category :

Oilfield Equipment & Services

No. of Pages : 73 Pages


This profile is the essential source for top-level energy industry data and information. The report provides an overview of each of the key sub-segments of the energy industry in Turkmenistan. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for each of the key sub-segments. It also provides information relating to the crude oil assets (oil fields, refineries, pipelines and storage terminals) in Turkmenistan. The report compares the investment environment in Turkmenistan with other countries in the region. The profiles of the major companies operating in the crude oil sector in Turkmenistan together with the latest news and deals are also included in the report.

Scope

  • Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for each industry sub-segment for the period 1996-2020.
  • Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in Turkmenistan for the period 2000-2013.
  • Operator and equity details for major crude oil assets in Turkmenistan.
  • Key information relating to market regulations, key energy assets and the key companies operating in the Turkmenistans energy industry.
  • Information on the top companies in the Turkmenistan including business description, strategic analysis, and financial information.
  • Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.
  • Key mergers and acquisitions, partnerships, private equity and venture capital investments, and IPOs.
Reasons to buy

  • Gain a strong understanding of the countrys energy market.
  • Facilitate market analysis and forecasting of future industry trends.
  • Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
  • Assess your competitors major crude oil assets and their performance.
  • Analyze the latest news and financial deals in the oil sector of each country.
  • Develop strategies based on the latest operational, financial, and regulatory events. 
  • Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.
  • Identify and analyze the strengths and weaknesses of the leading companies in the country.
Table Of Content 

1 Table Of Contents 2
1.1 List of Tables 7
1.2 List of Figures 8

2 Turkmenistan Energy Sector 9
2.1 Turkmenistan Energy Sector, Market Overview 9
2.2 Turkmenistan Energy Sector, Crude Oil 10
2.2.1 Turkmenistan Crude Oil, Overview 10
2.2.2 Turkmenistan Crude Oil, Supply and Demand Balance 10
2.2.3 Turkmenistan Crude Oil, Regulatory Structure 16
2.2.4 Turkmenistan Crude Oil, Infrastructure 16

3 Turkmenistan Oil Upstream Investment Environment Benchmarking 18
3.1 Introduction 18
3.2 The Overall Ranking 18
3.3 Upstream Fiscal Attractiveness 18
3.3.1 Maximum Government Take Index 20
3.3.2 Maximum State Participation 20
3.4 Oil Sector Performance 20
3.4.1 Exploration Activity 22
3.4.2 Oil Production 23
3.4.3 Oil Reserves 23
3.4.4 Oil Consumption 23
3.4.5 Refining Industry 24
3.5 Economic Performance 24
3.5.1 GDP Growth Index 25
3.5.2 FDI Confidence Index 26
3.5.3 Balance of Trade Index 26
3.6 Socio-Political Performance 26
3.6.1 Democracy Index 27
3.6.2 Governance Index 27

4 Turkmenistan Exploration and Production Sector 28
4.1 Turkmenistan Exploration and Production Sector, Country Snapshot 28
4.1.1 Turkmenistan Exploration and Production Sector, Key Data 28
4.1.2 Turkmenistan Exploration and Production Sector, Crude Oil Assets Map 28
4.2 Turkmenistan Exploration and Production Sector, Gross Crude Oil Production 29
4.2.1 Turkmenistan Exploration and Production Sector, Total Gross Crude Oil-Historical Production 29
4.2.2 Turkmenistan Exploration and Production Sector, Gross Crude Oil-Historical Production by Type 30
4.2.3 Turkmenistan Exploration and Production Sector, Gross Crude Oil Production by Assets 30
4.2.4 Turkmenistan Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 31
4.2.5 Turkmenistan Exploration and Production Oil Sector, Market Share (%) based on Gross Equity Weighted Crude Oil Production 32
4.3 Turkmenistan Exploration and Production Sector, Gross Crude Oil Forecasts 33
4.3.1 Turkmenistan Exploration and Production Sector, Gross Crude Oil Forecasted Production 33
4.4 Turkmenistan Exploration And Production Sector, Crude Oil Asset Details 33
4.4.1 Turkmenistan Exploration And Production Sector, Active Crude Oil Asset Details 33

5 Turkmenistan Pipeline Sector 34
5.1 Turkmenistan Pipeline Sector, Key Data 34
5.2 Turkmenistan Pipeline Oil Sector, An Overview 34
5.3 Turkmenistan Pipeline Sector, Crude Oil Pipelines 34

6 Turkmenistan Refining Sector 35
6.1 Turkmenistan Refining Sector, Key Data 35
6.2 Turkmenistan Refining Sector, An Overview 35
6.2.1 Turkmenistan Refining Sector, Total Refining Capacity 35
6.3 Turkmenistan Refining Sector, Capacity- Wise Market Share By Company 36
6.4 Turkmenistan Refining Sector, Crude Distillation Unit Capacity 37
6.5 Turkmenistan Refining Sector, Coking Capacity 37
6.6 Turkmenistan Refining Sector, Fluid Catalytic Cracking Capacity 37

7 Profile of Wintershall Holding GmbH 38
7.1 Wintershall Holding GmbH, Key Information 38
7.2 Wintershall Holding GmbH, Company Overview 38
7.3 Wintershall Holding GmbH, Business Description 38
7.3.1 Business Overview 38

8 Profile of Petroliam Nasional Berhad (PETRONAS) 40
8.1 Petroliam Nasional Berhad (PETRONAS), Key Information 40
8.2 Petroliam Nasional Berhad (PETRONAS), Company Overview 40
8.3 Petroliam Nasional Berhad (PETRONAS), Business Description 40
8.3.1 Business Overview 40
8.3.2 Exploration and Production Segment 41
8.3.3 Gas Business Segment 43
8.3.4 Logistics and Maritime Segment 44
8.3.5 Oil Business Segment 45
8.3.6 Petrochemicals Segment 46
8.4 Petroliam Nasional Berhad (PETRONAS), SWOT Analysis 47
8.4.1 Overview 47
8.4.2 Petroliam Nasional Berhad (PETRONAS) Strengths 48
8.4.3 Petroliam Nasional Berhad (PETRONAS) Weaknesses 49
8.4.4 Petroliam Nasional Berhad (PETRONAS) Opportunities 49
8.4.5 Petroliam Nasional Berhad (PETRONAS) Threats 50

9 Profile of A.P. Moller - Maersk A/S 52
9.1 A.P. Moller - Maersk A/S, Key Information 52
9.2 A.P. Moller - Maersk A/S, Company Overview 52
9.3 A.P. Moller - Maersk A/S, Business Description 52
9.3.1 Business Overview 52
9.3.2 APM Terminals 53
9.3.3 Container Shipping and Related Activities Segment 53
9.3.4 Oil and Gas Activities Segment 54
9.3.5 Retail Activity Segment 55
9.3.6 Shipyards, Other Industrial Companies, Interest in Danske Bank, etc., Segment 55
9.3.7 Tankers, Offshore and Other Shipping Activities Segment 56
9.4 A.P. Moller - Maersk A/S, SWOT Analysis 57
9.4.1 Overview 57
9.4.2 A.P. Moller - Maersk A/S Strengths 58
9.4.3 A.P. Moller - Maersk A/S Weaknesses 59
9.4.4 A.P. Moller - Maersk A/S Opportunities 59
9.4.5 A.P. Moller - Maersk A/S Threats 60

10 Recent Developments 62
10.1 License Awards 62
10.1.1 Sep 13, 2009: Itera Signs PSC To Develop Block 21 In Turkmenistan 62
10.2 Strategy and Business Expansion 62
10.2.1 Aug 03, 2010: Tatneft Signs Service Contract With Turkmenneft 62
10.2.2 Apr 14, 2010: RWE Dea Opens New Office In Turkmenistan 62
10.2.3 Apr 13, 2010: ConocoPhillips To Partner With Mubadala In Developing Oil And Gas Fields In Turkmenistan 63
10.3 Recent Discoveries 63
10.3.1 Feb 25, 2010: Turkmenistan Discovers New Oil Deposit In Northern Goturdepe Field 63
10.4 Drilling and Production Updates 63
10.4.1 Apr 19, 2010: Dragon Oil's Dzheitune (Lam) B/141 Well Flows At 1,895 Bopd 63
10.4.2 Mar 12, 2010: Dragon Oil Provides Drilling Update 64
10.5 Other Significant Developments 64
10.5.1 Sep 07, 2010: Dragon Oil Provides Dzheitune (Lam) 28/147 Development Well Update 64
10.5.2 Aug 13, 2010: Turkmenistan Seeks $4.1 Billion Loan From China 65
10.5.3 Jul 27, 2010: Turkmengaz To Build Gas Compressor Station At Malya Field 65
10.5.4 Jul 22, 2010: Dragon Oil Provides H1 2010 Operations Update 65
10.5.5 Jul 20, 2010: Dragon Oil Provides Turkmenistan Operations Update 67
10.5.6 Jun 17, 2010: Iran To Boost Gas Imports From Turkmenistan 68
10.5.7 Jun 11, 2010: Dragon Oil Updates On Dzheitune (Lam) B/145 Well In Turkmenistan 68
10.5.8 May 31, 2010: Turkmenistan Starts Laying New $2 Billion Gas Pipeline 68
10.5.9 May 03, 2010: Central Asian Gas Pipeline Comes Online 69
10.5.10 Apr 18, 2010: MRK-Engineering Builds Linear Part Of Central Karakum-Yylanly Gas Compressor Station In Turkmenistan 69
10.5.11 Mar 09, 2010: India To Import Gas From Iran And Turkmenistan 69
10.5.12 Feb 17, 2010: Turkmenistan Geologists Find Gas During Test At N 1 Well In Minara Field, Mary Province 70
10.5.13 Feb 15, 2010: Turkmenistan Invites Foreign Bids For Development Of Its Gas Deposits 70

11 Appendix 71
11.1 Methodology 71
11.1.1 Coverage 71
11.1.2 Secondary Research 72
11.1.3 Primary Research 72
11.1.4 Midstream Forecasts 73
11.1.5 Expert Panel Validation 73
11.2 Contact Us 74
11.3 About GlobalData 74
11.4 Disclaimer 74

List of Table


Table 1: Turkmenistan, Historic and Forecast Production and Consumption of Crude Oil, 1996-2020 11
Table 2: Turkmenistan, Historic and Forecast Imports and Exports of Crude Oil, 1996-2020 13
Table 3: Turkmenistan, Historic and Forecast Reserves of Crude Oil, 1996-2009 15
Table 4: Former Soviet Union, Investment Benchmarking, Overall Country Rankings, July 2010 18
Table 5: Former Soviet Union, Investment Benchmarking, Upstream Fiscal Attractiveness, July 2010 19
Table 6: Former Soviet Union, Investment Benchmarking, Oil Sector Performance, July 2010 20
Table 7: Former Soviet Union, Investment Benchmarking, Economic Performance, July 2010 24
Table 8: Former Soviet Union, Country Standings, Economic Performance, July 2010 25
Table 9: Former Soviet Union, Investment Benchmarking, Socio-Political Performance, July 2010 26
Table 10: Former Soviet Union, Country Standings, Socio-Political Performance, July 2010 27
Table 11: Turkmenistan, Crude Oil Key Statistics, 2009 28
Table 12: Turkmenistan, Total Gross Crude Oil Production (MMBBLs), 2002-2009 29
Table 13: Turkmenistan, Gross Crude Oil Production (MMBBLs) by Type, 2002- 2009 30
Table 14: Turkmenistan, Gross Crude Oil Production (MMBBLs), by Assets, 2002-2009 30
Table 15: Turkmenistan, Gross Equity Weighted Crude Oil Production by Company (MMBBLs), 2002-2009 31
Table 16: Turkmenistan, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2002-2009 32
Table 17: Turkmenistan, Total Crude Oil Production (MMBBLs), Forecast by Assets, 2010- 2015 33
Table 18: Turkmenistan, Active Oil Field Asset Details 33
Table 19: Turkmenistan, Pipeline Key Statistics, 2009 34
Table 20: Turkmenistan, Crude Oil Pipelines, 2009 34
Table 21: Turkmenistan, Refinery Key Statistics, 2009 35
Table 22: Turkmenistan, Total Refining Capacity (MMTPA), 2000- 2013 35
Table 23: Turkmenistan, Refining Capacity by Company (MMTPA), 2000-2013 36
Table 24: Turkmenistan, Crude Distillation Unit Capacity (MMTPA), 2000-2013 37
Table 25: Turkmenistan, Coking Unit Capacity (MMTPA), 2000-2013 37
Table 26: Turkmenistan, Fluid Catalytic Cracking Unit Capacity (MMTPA), 2000-2013 37
Table 27: Wintershall Holding GmbH, Key Facts 38
Table 28: Petroliam Nasional Berhad (PETRONAS), Key Facts 40
Table 29: Petroliam Nasional Berhad (PETRONAS), SWOT Analysis 47
Table 30: A.P. Moller - Maersk A/S, Key Facts 52
Table 31: A.P. Moller - Maersk A/S, SWOT Analysis 58

List of Chart


Figure 1: Turkmenistan, Energy Sector Split By Fuel Type, 2009 9
Figure 2: Turkmenistan, Crude Oil Production And Consumption, Thousand Barrels Per Day, 1996-2020 12
Figure 3: Turkmenistan, Crude Oil Imports And Exports, Thousand Barrels Per Day, 1996-2020 14
Figure 4: Turkmenistan, Crude Oil Reserves, Million Barrels, 1996-2009 16
Figure 5: Former Soviet Union, Country Standings, Upstream Fiscal Attractiveness, July 2010 19
Figure 6: Former Soviet Union, Country Standings, Oil Sector Performance, by Reserves-Exploration & Production, July 2010 21
Figure 7: Former Soviet Union, Country Standings, Oil Sector Performance, by Production-Consumption & Refining, July 2010 22
Figure 8: Former Soviet Union, Country Standings, Exploration Blocks Awarded, July 2010 23
Figure 9: Former Soviet Union, Country Standings, Economic Performance, July 2010 25
Figure 10: Former Soviet Union, Country Standings, Socio-Political Performance, July 2010 27
Figure 11: Turkmenistan, Crude Oil Assets Map, 2009 28
Figure 12: Turkmenistan, Total Gross Crude Oil Production (MMBBLs), 2002-2009 29
Figure 13: Turkmenistan, Gross Crude Oil Production (MMBBLs) by Type, 2002-2009 30
Figure 14: Turkmenistan, Gross Equity Weighted Crude Oil Production (MMBBLs), by Company, 2002-2009 31
Figure 15: Turkmenistan, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2009 32
Figure 16: Turkmenistan, Total Refining Capacity (MMTPA), 2000- 2013 36

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