Romania Oil and Gas Report - Business Monitor International - Industry Reports

Romania Oil and Gas Report

Romania Oil and Gas Report - Business Monitor International - Industry Reports
Romania Oil and Gas Report
Published Jun 11, 2016
76 pages — Published Jun 11, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

The main trends and developments for Romania s oil and gas sector are: The conclusion of the ExxonMobil/OMV Neptun Block drilling programme should support a final investment decision on the Domino project in ----. Early indications are expecting an increase in potential resources above the -----bcm initial estimate. ...Imports of crude oil remained stable over ---- and we expect this to remain stable over the coming years given our forecast for steady refined products output. After strong consumption growth over ---- and ----, we anticipate a stagnation in consumption over the coming years as the Romanian economy becomes more efficient and energy-intensive industries reduce usage. Industrial gas customers have entered the free market as of January - ----. ...Industrial gas customers have entered the free market as of January - ----. Full liberalisation of the gas market including households has been postponed to July ----.

...We anticipate exploration in the Black Sea to slow in ---- as low oil prices lead to a pull back in exploration spending. This view is supported by following Petroceltic s divestment of its operating share in the Muridava and Est Cobalescu blocks in June ----. ...The stand out project is ExxonMobil and OMV Petrom s gas discovery at the Domino-- well in the Neptun Block. As of February ----, the partners announced they completed a further five-well drilling programme to appraise the Domino field and test nearby structures, completing the exploration work on the Block. A further discovery in the Neptun area would add to the project economics of a potential development at the domino field. ...As of February ----, the partners announced they completed a further five-well drilling programme to appraise the Domino field and test nearby structures, completing the exploration work on the Block. A further discovery in the Neptun area would add to the project economics of a potential development at the domino field.

...Zeta Petroleum aims to divest its stakes in the Bobocu, Suceava and Jimbolia blocks in order to finance mandatory minimum work programmes at its other Romanian assets. Lukoil made a --bcm natural gas discovery in the Trident Block at its Lira-- well, and is due to follow up with an appraisal in ----. ...

  
Source:
Document ID
1748-4197
Country
Industry
Format:
PDF Adobe Acrobat
Buy Now

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Romania Oil and Gas Report" Jun 11, 2016. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Romania-Oil-and-Gas-Report-2026-264>
  
APA:
Business Monitor International - Industry Reports. (2016). Romania Oil and Gas Report Jun 11, 2016. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Romania-Oil-and-Gas-Report-2026-264>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.