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

Slovakia Oil and Gas Report

Slovakia Oil and Gas Report - Business Monitor International - Industry Reports
Slovakia Oil and Gas Report
Published Sep 10, 2016
66 pages — Published Sep 10, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Slovakia is almost entirely dependent on Russian oil and gas imports for its domestic consumption, with a total hydrocarbon import bill estimated at USD-.-bn in ----, a strong decline on ---- thanks to the fall in oil and gas prices. There is little prospect for an increase in oil or gas production. ...We have slightly revised down our oil consumption forecast on the basis of lower forecast vehicle fleet growth. Economic activity and GDP growth however is set to remain strong over the forecast period according to our Country Risk Team, providing some support to refined fuels consumption despite a slowing vehicle fleet size growth. Ukraine signed a gas supply purchase agreement with Slovakia in early ----. ...Ukraine signed a gas supply purchase agreement with Slovakia in early ----. The deal allows Kiev to buy natural gas on the European spot market and annually import at least --bcm of gas through Slovakia.

...An old and unused pipeline from Ukraine to Slovakia has begun reverse flows between the two countries. ...Slovakia is also preparing an interconnector with Poland. Eustream and Gaz-System are currently designing the route, with a possible interconnection between the Polish village of Strachocina and the Slovak town of Veke Kapusany. It would be part of the North-South gas corridor plan, and would give Slovakia access to gas from the winoujcie LNG terminal in Poland. ...It would be part of the North-South gas corridor plan, and would give Slovakia access to gas from the winoujcie LNG terminal in Poland. With a planned start-up date of ----, the interconnection would have a capacity of -.-bcm in the Poland-Slovakia direction and a -.-bcm annual capacity in the Slovakia-Poland direction.

...BMI View: Slovakia has minimal oil and gas reserves. Given the limited exploration activity in Slovakia, there is little prospect for a significant change in reserves over our forecast period. The only notable upside risk to reserves could come from possible unconventional reserves. According to a June ---- US Energy Information Agency report on world shale formations, Slovakia could lie on a shale oil and shale gas formation. This could be the same basin as in Austria, Ukraine and Romania. ...

  
Source:
Document ID
1748-4235
Country
Industry
Format:
PDF Adobe Acrobat
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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.

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MLA:
Business Monitor International - Industry Reports. "Slovakia Oil and Gas Report" Sep 10, 2016. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Slovakia-Oil-and-Gas-Report-2026-266>
  
APA:
Business Monitor International - Industry Reports. (2016). Slovakia Oil and Gas Report Sep 10, 2016. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Slovakia-Oil-and-Gas-Report-2026-266>
  
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