Oil & Gas in United Arab Emirates

Oil & Gas in United Arab Emirates

Summary

Oil & Gas in United Arab Emirates industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the United Arab Emirates oil & gas market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

- The oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country.
- The Emirati oil & gas market had total revenues of $14.6bn in 2016, representing a compound annual rate of change (CARC) of -16% between 2012 and 2016.
- Market consumption volume increased with a compound annual growth rate (CAGR) of 5.2% between 2012 and 2016, to reach a total of 816 million BOE in 2016.
- As a member of OPEC, the UAE has been involved in a series of output cuts in order to boost oil prices. In a deal signed between OPEC members and Russia in 2016, the signatory parties agreed to reduce combined output by 1.2 million bpd. This combined with low crude oil prices explains why the Emirati oil and gas market has struggled in recent years.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in United Arab Emirates
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in United Arab Emirates
- Leading company profiles reveal details of key oil & gas market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Arab Emirates oil & gas market with five year forecasts by both value and volume

Reasons to buy

- What was the size of the United Arab Emirates oil & gas market by value in 2016?
- What will be the size of the United Arab Emirates oil & gas market in 2021?
- What factors are affecting the strength of competition in the United Arab Emirates oil & gas market?
- How has the market performed over the last five years?
- What are the main segments that make up United Arab Emirates's oil & gas market?