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Follow on Google News | "Romania Oil & Gas Report Q3 2011" is now available at Fast Market ResearchNew Energy research report from Business Monitor International is now available from Fast Market Research
------------------------------------------------------------ Full Report Details at - http://www.fastmr.com/ ------------------------------------------------------------ The region consumed an estimated 637bcm of natural gas in 2010, with demand of 737bcm targeted for 2015, representing 15.8% growth. Production of an estimated 773bcm in 2010 should reach 963bcm in 2015, which implies net exports rising from an estimated 136bcm in 2010 to 226bcm by the end of the period. Romania's estimated share of 2010 regional gas consumption was 2.13%, while its share of production is put at 1.36%. By 2015, its share of demand is forecast to be 2.20%, with the country accounting for 0.86% of supply. Oil demand could potentially grow at 3.0% per annum, rising to 247,000b/d by 2015. In spite of greater efforts by the OMV-backed national oil company Petrom, we see domestic oil production slipping from an estimated 93,000b/d in 2010 to 71,000b/d by 2015. This implies rising import levels, with volumes up to 176,000b/d by 2015. Natural gas consumption of an estimated 13.6bcm in 2010 is expected to reach 16.2bcm by 2015. Romania's gas production is forecast to slip to no more than 8.3bcm by 2015, providing an import requirement of at least 7.9bcm. Between 2010 and 2020, we forecast an increase in Romanian oil consumption of 35.7%, with import volumes rising steadily from an estimated 118,000b/d to 238,000b/d by the end of the 10-year forecast period. Domestic production is forecast to fall from an estimated 93,000b/d to 48,000b/d during the period. Gas consumption is expected to rise to 19.2bcm by 2020, which will be met by 13.2bcm of imports. Details of BMI's 10-year forecasts can be found in the appendix to this report. Romania holds sixth place, above Ukraine, in BMI's composite Business Environment Ratings (BERs), which combine upstream and downstream scores. It holds seventh place, below Bulgaria, in BMI's updated upstream ratings. Its gas production growth outlook, asset maturity and underdeveloped competitive landscape work against the country and are exacerbated by poor country risk factors. There is some scope for Romania to overtake Bulgaria in the rankings, but Russia and Turkey are likely to remain out of reach. Romania is above the mid-point of the table in BMI's downstream ratings, with a few high scores but progress from its current joint fifth-place ranking rather unlikely. The country achieves decent scores for refining capacity, oil and gas demand and retail site intensity. Partial Table of Contents: SWOT Analysis - Romania Political SWOT - Romania Economic SWOT - Romania Business Environment SWOT - Romania Energy Market Overview Regional Energy Market Overview - Oil Supply And Demand - Table: Central/Eastern Europe Oil Consumption (000b/d) - Table: Central/Eastern Europe Oil Production (000b/d) - Oil: Downstream - Table: Central/Eastern Europe Oil Refining Capacity (000b/d) - Gas Supply And Demand - Table: Central/Eastern Europe Gas Consumption (bcm) - Table: Central/Eastern Europe Gas Production (bcm) - Table: Central/Eastern Europe LNG Exports/(Imports) Business Environment Ratings - Central/Eastern Europe Region - Composite Scores - Table: Regional Composite Business Environment Rating - Upstream Scores - Table: Regional Upstream Business Environment Rating - Romania Upstream Rating - Overview - Romania Upstream Rating - Rewards - Romania Upstream Rating - Risks - Downstream Scores - Table: Regional Downstream Business Environment Rating - Romania Downstream Rating - Overview - Romania Downstream Rating - Rewards - Romania Downstream Rating - Risks Business Environment Industry Forecast Scenario - Oil And Gas Reserves - Oil Supply And Demand - Gas Supply And Demand - Liquefied Natural Gas - Refining And Oil Products Trade - Revenues/Import Costs - Table: Romania Oil And Gas - Historical Data And Forecasts - Other Energy - Table: Romania Other Energy - Historical Data And Forecasts - Key Risks To BMI's Forecast Scenario - Long-Term Oil And Gas Outlook Oil And Gas Infrastructure - Oil Refineries - Table: Refineries In Romania - Service Stations - Oil Storage Facilities - Oil Terminals/Ports - Oil Pipelines - LNG Terminals - Gas Storage Facilities - Gas Pipelines Macroeconomic Outlook - Table: Romania - GDP Contribution To Growth Competitive Landscape - Executive Summary - Table: Key Players - Romania Oil And Gas Sector - Overview/State Role - Licensing And Regulation - Government Policy - Licensing Rounds - International Energy Relations - Table: Key Upstream Players - Full Table of Contents is available at: -- http://www.fastmr.com/ About Business Monitor International Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at http://www.fastmr.com/ About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156. # # # Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. End
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