Business Monitor International


Qatar Oil & Gas Report

Published 24 December 2014

  • 121 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Qatar Oil & Gas Report

BMI View: Fuelled by the world's third largest proven conventional gas reserves, Qatar has positioned itself as the leading global exporter of liquefied natural gas (LNG). Rising competition, led by liquefaction growth in Australia and potentially the US and East Africa, will pose a challenge to Qatar's hold on the global gas market later in the decade. Qatar is responding by making increasing efforts to diversify its economy through expanding its downstream and petrochemical sectors. The country is growing the international presence of Qatar Petroleum International to offset slow ing growth in domestic oil and gas projects , given the absence of plans for an expansion of LNG and GTL export capacity.

Headline Forecasts (Qatar 2012-2018)
2012e 2013e 2014f 2015f 2016f 2017f 2018f
Crude, NGPL & other liquids prod, 000b/d 1,568.9 1,567.4 1,561.1 1,572.5 1,585.3 1,581.2 1,581.6
Dry natural gas production, bcm 142.6 143.7 144.0 150.5 153.5 154.5 156.1
Dry natural gas consumption, bcm 20.5 21.5 22.6 23.5 24.9 26.4 27.2
Refined products production & ethanol, 000b/d 307.7 429.1 431.7 434.1 638.6 638.4 638.6
Refined products consumption & ethanol, 000b/d 189.7 198.9 209.9 220.4 230.3 240.7 250.3
e/f = BMI estimate/forecast. Source: EIA/BMI

Click here to explore data

We highlight the following trends and developments in Qatar's oil and gas sector:

  • The first phase of the Barzan natural gas project has reached 96% completion and is due to begin production in early 2015. We have adjusted our forecast to represent this delay.

  • We have also postponed the second phase of the Barzan project which is due to begin production one year after the first phase. This will be the last upstream project on the North Field until the moratorium is lifted.

  • Qatar's state-run oil marketing firm Tasweeq reported plans to cut condensates...

Table of Contents

BMI Industry View
7
Table: Headline Forecasts (Qatar 2012-2018)
7
SWOT
9
Oil & Gas SWOT
9
Industry Forecast
11
Upstream Exploration
11
Table: Proven Oil and Gas Reserves (Qatar 2012-2017)
11
Table: Proven Oil and Gas Reserves (Qatar 2018-2023)
11
Upstream Projects
13
Table: Key Upstream Projects In Qatar
13
Upstream Production - Oil
14
Table: Oil Production (Qatar 2012-2017)
14
Table: Oil Production (Qatar 2018-2023)
14
Upstream Production - Gas
17
Table: Gas Production (Qatar 2012-2017)
17
Table: Gas Production (Qatar 2018-2023)
17
Refining
20
Table: Refining Capacity and Refined Products Production (Qatar 2012-2017)
20
Table: Refining Capacity and Refined Products Production (Qatar 2018-2023)
20
Refined Fuels Consumption
23
Table: Refined Products Consumption* (Qatar 2012-2017)
23
Table: Refined Products Consumption* (Qatar 2018-2023)
23
Gas Consumption
25
Table: Gas Consumption (Qatar 2012-2017)
25
Table: Gas Consumption (Qatar 2018-2023)
25
Trade - Oil
27
Table: Crude Oil Net Exports (Qatar 2012-2017)
27
Table: Crude Oil Net Exports (Qatar 2018-2023)
27
Table: Refined Fuels Net Exports (Qatar 2012-2017)
28
Table: Refined Fuels Net Exports (Qatar 2018-2023)
29
Table: Total Net Oil Exports - Crude and Products (Qatar 2012-2017)
30
Table: Total Net Oil Exports - Crude and Products (Qatar 2018-2023)
30
Trade - Gas (Pipeline and LNG)
31
Table: Gas Net Exports (Qatar 2012-2017)
31
Table: Gas Net Exports (Qatar 2018-2023)
31
Industry Risk Reward Ratings
36
Middle East - Risk/Reward Ratings
36
Table: BMI's Middle East Oil & Gas Risk/Reward Ratings (RRRs)
36
Outperforming The World Upstream
37
Table: Middle East Upstream Oil & Gas Risk/Reward Rating
37
Limited Opportunities Downstream
41
Table: Middle East Downstream Oil & Gas Risk/Reward Rating
41
Qatar - Risk/Reward Ratings
43
Market Overview
44
Qatar Energy Market Overview
44
Overview/State Role
45
Licensing And Regulation
45
Government Policy
46
International Energy Relations
46
Oil And Gas Infrastructure
48
Oil Refineries
48
Table: Refineries In Qatar
48
Table: GTL Plants In Qatar
50
LNG Terminals
50
Table: LNG Terminals In Qatar
51
Gas Pipelines
52
Competitive Landscape
54
Competitive Landscape Summary
54
Table: Key Domestic And Foreign Companies In The Qatari Oil And Gas Sector
55
Table: Key Upstream Players
55
Table: Key Downstream Player
55
Company Profile
56
Qatar Petroleum
56
ExxonMobil Oil Qatar
63
Total Qatar
66
Royal Dutch Shell
70
Other Summaries
73
Regional Overview
80
Industry Forecast
80
Middle East Oil Production - Strong Growth But Risks Remain
80
Middle East Oil Consumption - Subsidies Fuelling Demand
82
Middle East Refining Capacity - A Bullish Outlook
83
Middle East Gas Production - A Growing Domestic Priority
84
Middle East Gas Consumption - Demand Growth Outstripping Production
85
Global Industry Overview
87
Global Energy Market Overview
87
Appendix
93
Global - Crude Oil, Refined Fuels And Natural Gas Prices, 10-year Forecasts
93
Table: Energy Price Forecasts, 2012-2017
93
Table: Energy Price Forecasts, 2018-2023
94
Middle East - Regional Appendix
96
Table: Oil Consumption - Historical Data & Forecasts, 2011-2018 ('000b/d)
96
Table: Oil Consumption - Long-Term Forecasts, 2015-2023 ('000b/d)
96
Table: Oil Production - Historical Data & Forecasts, 2011-2018 ('000b/d)
97
Table: Oil Production - Long-Term Forecasts, 2015-2023 ('000b/d)
98
Table: Refining Capacity - Historical Data & Forecasts, 2011-2018 ('000b/d)
98
Table: Refining Capacity - Long-Term Forecasts, 2015-2023 ('000b/d)
99
Table: Gas Consumption - Historical Data & Forecasts, 2011-2018 (bcm)
99
Table: Gas Consumption, 2015-2023 (bcm)
100
Table: Gas Production - Historical Data & Forecasts, 2011-2018 (bcm)
100
Table: Gas Production - Long-Term Forecasts, 2015-2023 (bcm)
101
Table: Net LNG Exports - Historical Data & Forecasts, 2011-2018 (bcm)
101
Table: Net LNG Exports - Long-Term Forecasts, 2015-2023 (bcm)
102
Qatar - Refined Products Breakdown, 10-year Forecasts
103
Table: Refined Petroleum Products, Production Breakdown (Qatar 2012-2017)
103
Table: Refined Petroleum Products, Production Breakdown (Qatar 2018-2023)
104
Table: Refined Petroleum Products, Consumption Breakdown (Qatar 2012-2017)
105
Table: Refined Petroleum Products, Consumption Breakdown (Qatar 2018-2023)
106
Table: Refined Petroleum Products, Net Exports Breakdown (Qatar 2012-2017)
107
Table: Refined Petroleum Products, Net Exports Breakdown (Qatar 2018-2023)
108
Table: LPG Production, Consumption and Net Exports (Qatar 2012-2017)
109
Table: LPG Production, Consumption and Net Exports (Qatar 2018-2023)
109
Qatar - Total Hydrocarbons, 10-year Forecasts
110
Table: Total Hydrocarbons Production, Consumption and Net Exports (Qatar 2012-2017)
110
Table: Total Hydrocarbons Production, Consumption and Net Exports (Qatar 2018-2023)
110
Glossary
112
Table: Glossary Of Terms
112
Methodology
114
Industry Forecast Methodology
114
Source
116
Risk/Reward Ratings Methodology
116
Table: Bmi's Oil & Gas Upstream Risk/Reward Ratings
118
Table: Weighting
119

The Qatar Oil & Gas Report has been researched at source and features Business Monitor International (BMI)'s independent forecasts for Qatar including major indicators for oil, gas and LNG, covering all major indicators including reserves, production, consumption, refining capacity, prices, export volumes and values. The report includes full analysis of industry trends and prospects, national and multinational companies and changes in the regulatory environment.

BMI's Qatar Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Qatari oil and gas industry.

Key Benefits

  • Benchmark BMI's independent oil and gas industry forecasts for Qatar to test consensus views - a key input for successful budgeting and strategic business planning in the Qatari oil and gas market.
  • Target business opportunities and risks in the Qatari oil and gas sector through reviews of latest industry trends, regulatory changes and major deals, projects and investments in Qatar.
  • Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

Coverage

BMI Industry View

Summary of BMI’s key forecasts and industry analysis, covering oil and gas reserves, supply, demand and refining, plus analysis of landmark company developments and key changes in the regulatory environment.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the upstream and downstream sectors and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series and forecasts to end-2024 for all key industry indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecast:

  • Pricing: Oil price (USD/bbl, WTI, Brent, OPEC basket, Urals); oil products prices (unleaded gasoline, gasoil/diesel, jet/kerosene – USD/bbl) at global hubs.
  • Production, Consumption, Capacity & Reserves: Proven oil reserves (bn barrels), production, consumption, refinery capacity and throughputs (‘000b/d); proven gas reserves (tcm), production and consumption (bcm) and fuels trade.
  • Imports & Exports: Crude oil exports/imports (‘000s b/d) and value of crude oil trade in USD. Fuels exports/imports (‘000s b/d) and value of fuels trade in USD. Natural gas imports/exports (bcm), by pipeline and/or LNG, and value of natural gas trade.

BMI’s Oil & Gas Risk Reward Index

BMI’s Risk Reward Indices provide investors (independents, NOCs, IOCs, oil services companies) looking for opportunities in the region with a clear country-comparative assessment of the upstream and downstream market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide indices of highest to lowest appeal to investors, with each position explained.

Market Overview

A profile of the upstream and downstream sectors, including analysis of reserves, output, consumption and trade of energy products; overview of the industry landscape and key players; assessment of the business operating environment and the latest regulatory developments.

Competitive landscape

Comparative company analyses by USD sales, % share of total sales, number of employees, year established, ownership structure, oil production (‘000b/d), gas production (bcm), downstream capacity (‘000b/d) and % market share.

Company Profiles*

Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate Company SWOT analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

Regional Overview

Regional perspective on size and value of the industry. Plus comparative rankings by production, refining, imports and exports of oil, gas and LNG.

Global Oil Market & Oil Products Outlook

Based on our country coverage of over 99% of global oil and gas production and consumption, BMI provides demand, supply and price forecasts to end-2024 for oil, gas and oil products.

Sources

The Oil & gas Reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.

*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.

secure
Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%

Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc