ReportsandReports - Oil and Gas Supply – Europe and the Former Soviet Union
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Having witnessed in 2008 the first major signal that future conventional oil and gas supplies will become much harder to find and more expensive to develop, Datamonitor is publishing a range of onshore and offshore oil and gas production forecasts set against a backdrop of consumption and trade forecasts across Europe and the FSU.
Scope

  • Insight on oil and gas production trends in the producing regions across Europe and the FSU, along with 10 year production forecasts.
  • Forecasts of oil and gas consumption in specific countries across the region.
  • An evaluation of likely future oil and gas trade patterns and export capabilities.
  • Understanding of the changing nature of production capability in specific markets and how this will change over time.
Highlights
Norwegian gas production continues to rise rapidly as new fields are developed, in particular the Troll field and the deep water Ormen Lange field, although the latter was downgraded in 2009. New developments in the Barents Sea, including Snohvit, which ships gas into Europe’s first LNG plant, are also stemming declines.
Global demand is driving investment in Russian gas reserves and output is due to grow from all prospective onshore and offshore areas, including Sakhalin and the Arctic north. However a global surplus of LNG, recognized in 2009, has delayed many of these projects, so production will not reach 2008 levels again until around 2016.
Although foreign investment and new export routes are driving oil production, Turkmenistan is primarily a gas-producing country. It has some potential in lands adjacent to the Caspian Sea, but its most significant resources are located in the Amu Darya basin in the southeast, where giant fields have been reported.
Reasons to Purchase
  • Gain understanding of which markets will see increased production levels over the next decade.
  • Identify potential commercial opportunities through an understanding of changing demand and supply dynamics in specific markets.
  • Analyse the changing balance between on and offshore production.
Table Of Contents
Overview 1
Catalyst 1
Content summary 1
Segmentation 2
Executive Summary 3
Introduction 3
Supply pressures 3
Price spikes 4
Outlook in 2010 and beyond 5
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