Research and Markets: Malaysia Oil and Gas Report Q4 2009 Reveals That Malaysia Will Account for 1.95% of the Asia Pacific Regional Oil Demand by 2013

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/fcc350/malaysia_oil_and_g) has
announced the addition of the "Malaysia Oil and Gas Report Q4 2009" report to
their offering.



This Malaysia Oil and Gas Report provides industry professionals and
strategists, corporate analysts, oil and gas associations, government
departments and regulatory bodies with independent forecasts and competitive
intelligence on Malaysia oil and gas indust

ry

The latest Malaysia Oil & Gas Report from BMI forecasts that the country will
account for 1.95% of Asia Pacific regional oil demand by 2013, while providing
8.52% of supply. Asia Pacific regional oil use of 21.40mn barrels per day (b/d)
in 2001 reached 25.67mn b/d in 2008. It should average 24.83mn b/d in 2009, then
rise to around 28.51mn b/d by 2013. Regional oil production was just under
8.41mn b/d in 2001, and averaged 8.45mn b/d in 2008. It is set to increase to
8.75mn b/d by 2013. In 2001 the region was importing an average 12.99mn b/d.
This total had risen to an estimated 17.22mn b/d in 2008, and is forecast to
reach 19.76mn b/d by 2013.

In terms of natural gas, in 2008 the region consumed 459bn cubic metres (bcm)
and demand of 562bcm is targeted for 2013. Production of 356bcm in 2008 should
reach 488bcm in 2013, but implies net imports easing from an estimated 102bcm
per annum in 2008 to 74bcm in 2013. This is in spite of many Asian gas producers
being major exporters. Malaysia's share of gas consumption in 2008 was 6.69%,
while its share of production was 17.54%. By 2013 its share of gas consumption
is forecast to be 6.02%, with the country accounting for 17.41% of supply.

For 2009 as a whole, the publisher is now assuming an average OPEC basket price
of US$55.00 per barrel (bbl), a 41.5% decline year-on-year (y-o-y). This
represents an upgrade from the US$52 forecast they have stuck with during the
past three quarters. Their OPEC basket assumption delivers likely Brent, WTI,
Urals and Dubai prices of US$56.30, US$57.50, US$55.60 and US$55.60/bbl
respectively. For 2010,the publisher expects to see a recovery to US$60.00/bbl
for the OPEC price (up from their previous forecast of US$58), gaining further
ground to US$65.00 in 2011 and to US$70.00/bbl in 2012. Their post-2010
forecasts are unchanged and the publisher is continuing to use a long-term price
assumption of US$70.00 for 2013-2018.

In 2009, BMI is now assuming a global average gasoline price of US$62.12/bbl,
with the fuel having peaked in June. The overall y-o-y fall in 2009 gasoline
prices is put at 40.0%. The BMI gasoil forecast is for an average price of
US$68.62/bbl, assuming a monthly high of US$92.49/bbl in December. The full year
outturn represents a 43.4% fall from the 2008 level. The annual jet price level
for 2009 is forecast to be US$65.17/bbl. This compares with US$124.95/bbl in
2008. The 2009 average naphtha price is put by BMI at US$49.06/bbl, down 43.9%
from the previous year's level.

Malaysian real GDP is now forecast by BMI to fall by 3.4% in 2009, compared with
the 2008 growth rate of 4.6%. The publisher is assuming 2.6% growth in 2010,
4.5% in 2011, 4.7% in 2012, followed by 4.5% in 2013. State-owned Petronas
operates in partnership with various international oil companies (IOCs) under a
production sharing system that the publisher believes will result in oil
production of 745,000b/d by 2013. Consumption is forecast to rise by up to 2%
per annum to 2013, implying demand of 557,000b/d. Malaysia's gas exports are set
to rise from 31.8bcm in 2008 to 51.2bcm in 2013, with production climbing from
62.5bcm to 85.0bcm over the period.

Key Topics Covered:

* Executive Summary
* SWOT Analysis
* Malaysia Energy Market Overview
* Business Environment Ranking
* Business Environment
* Industry Forecast Scenario
* Long-Term Energy Outlook
* Company Monitor
* Glossary of Terms
* Methodology & Risks To Forecasts

Companies Mentioned:

* Petroliam Nasional-Bhd (Petronas)
* ExxonMobil Sdn Bhd
* Shell Malaysia Ltd
* ConocoPhillips
* BP
* LTAT
* Chevron
* Murphy Oil
* Hess
* Talisman
* Gulf Petroleum
* Total
* Newfield Exploration

For more information visit
http://www.researchandmarkets.com/research/fcc350/malaysia_oil_and_g

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Copyright Business Wire 2009

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Research and Markets: Malaysia Oil and Gas Report Q4 2009 Reveals That Malaysia Will Account for 1.95% of the Asia Pacific Regional Oil Demand by 2013

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/fcc350/malaysia_oil_and_g) has
announced the addition of the "Malaysia Oil and Gas Report Q4 2009" report to
their offering.



This Malaysia Oil and Gas Report provides industry professionals and
strategists, corporate analysts, oil and gas associations, government
departments and regulatory bodies with independent forecasts and competitive
intelligence on Malaysia oil and gas indust
Publish Post
ry

The latest Malaysia Oil & Gas Report from BMI forecasts that the country will
account for 1.95% of Asia Pacific regional oil demand by 2013, while providing
8.52% of supply. Asia Pacific regional oil use of 21.40mn barrels per day (b/d)
in 2001 reached 25.67mn b/d in 2008. It should average 24.83mn b/d in 2009, then
rise to around 28.51mn b/d by 2013. Regional oil production was just under
8.41mn b/d in 2001, and averaged 8.45mn b/d in 2008. It is set to increase to
8.75mn b/d by 2013. In 2001 the region was importing an average 12.99mn b/d.
This total had risen to an estimated 17.22mn b/d in 2008, and is forecast to
reach 19.76mn b/d by 2013.

In terms of natural gas, in 2008 the region consumed 459bn cubic metres (bcm)
and demand of 562bcm is targeted for 2013. Production of 356bcm in 2008 should
reach 488bcm in 2013, but implies net imports easing from an estimated 102bcm
per annum in 2008 to 74bcm in 2013. This is in spite of many Asian gas producers
being major exporters. Malaysia's share of gas consumption in 2008 was 6.69%,
while its share of production was 17.54%. By 2013 its share of gas consumption
is forecast to be 6.02%, with the country accounting for 17.41% of supply.

For 2009 as a whole, the publisher is now assuming an average OPEC basket price
of US$55.00 per barrel (bbl), a 41.5% decline year-on-year (y-o-y). This
represents an upgrade from the US$52 forecast they have stuck with during the
past three quarters. Their OPEC basket assumption delivers likely Brent, WTI,
Urals and Dubai prices of US$56.30, US$57.50, US$55.60 and US$55.60/bbl
respectively. For 2010,the publisher expects to see a recovery to US$60.00/bbl
for the OPEC price (up from their previous forecast of US$58), gaining further
ground to US$65.00 in 2011 and to US$70.00/bbl in 2012. Their post-2010
forecasts are unchanged and the publisher is continuing to use a long-term price
assumption of US$70.00 for 2013-2018.

In 2009, BMI is now assuming a global average gasoline price of US$62.12/bbl,
with the fuel having peaked in June. The overall y-o-y fall in 2009 gasoline
prices is put at 40.0%. The BMI gasoil forecast is for an average price of
US$68.62/bbl, assuming a monthly high of US$92.49/bbl in December. The full year
outturn represents a 43.4% fall from the 2008 level. The annual jet price level
for 2009 is forecast to be US$65.17/bbl. This compares with US$124.95/bbl in
2008. The 2009 average naphtha price is put by BMI at US$49.06/bbl, down 43.9%
from the previous year's level.

Malaysian real GDP is now forecast by BMI to fall by 3.4% in 2009, compared with
the 2008 growth rate of 4.6%. The publisher is assuming 2.6% growth in 2010,
4.5% in 2011, 4.7% in 2012, followed by 4.5% in 2013. State-owned Petronas
operates in partnership with various international oil companies (IOCs) under a
production sharing system that the publisher believes will result in oil
production of 745,000b/d by 2013. Consumption is forecast to rise by up to 2%
per annum to 2013, implying demand of 557,000b/d. Malaysia's gas exports are set
to rise from 31.8bcm in 2008 to 51.2bcm in 2013, with production climbing from
62.5bcm to 85.0bcm over the period.

Key Topics Covered:

* Executive Summary
* SWOT Analysis
* Malaysia Energy Market Overview
* Business Environment Ranking
* Business Environment
* Industry Forecast Scenario
* Long-Term Energy Outlook
* Company Monitor
* Glossary of Terms
* Methodology & Risks To Forecasts

Companies Mentioned:

* Petroliam Nasional-Bhd (Petronas)
* ExxonMobil Sdn Bhd
* Shell Malaysia Ltd
* ConocoPhillips
* BP
* LTAT
* Chevron
* Murphy Oil
* Hess
* Talisman
* Gulf Petroleum
* Total
* Newfield Exploration

For more information visit
http://www.researchandmarkets.com/research/fcc350/malaysia_oil_and_g

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Copyright Business Wire 2009

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