Asian National Oil Companies (NOCs) - International Operations to Play a Key Role in Ensuring Domestic Energy Security

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Aug 23, 2012, 07:15 ET

NEW YORK, Aug. 23, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Asian National Oil Companies (NOCs) - International Operations to Play a Key Role in Ensuring Domestic Energy Security

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Asian National Oil Companies (NOCs) - International Operations to Play a Key Role in Ensuring Domestic Energy Security

Summary India South Korea China Thailand India South Korea China Thailand

The Asian NOCs of India, South Korea, China and Thailand are playing an active role to ensure domestic energy security. Increasing demand and limited supplies of oil and gas have increased the import dependency of these countries. In order to secure oil and gas supplies, NOCs of the key Asian countries are aggressively increasing their international operations.

Scope

The report provides in-depth analysis of the role of key NOCs of India, South Korea, China and Thailand in ensuring domestic energy security. The scope of the report includes - - Key information on the demand supply gap of oil and natural gas in key Asian countries including India, South Korea, China and Thailand.- Details of how the NOCs of the Asian countries are mitigating the energy supply risk through international acquisitions.- Rationale and strategic importance of the plans of Asian NOCs to invest in oil and gas assets abroad.- Analysis of the role that key Asian NOCs are expected to Play in ensuring energy security of their countries.

Reasons to buy

The report will enhance your decision-making capability. It will allow you to - - Devise a business strategy based on the scenario of the demand-supply gap of oil and gas in key Asian countries including India, South Korea, China and Thailand.- Gain insights on the increasing overseas investments by key Asian NOCs to ensure domestic energy security.- Take prompt and effective business decisions supported by well-researched analysis of the international investment scenario of various NOCs.1 Table of Contents1 Table of Contents 31.1 List of Tables 41.2 List of Figures 52 Introduction 62.1 Overview 62.2 GlobalData Report Guidance 63 Key Asian Countries are Increasing Investments Abroad Through their NOCs To Mitigate Energy Supply Risk 73.1 India's Heavy Import Dependence for Oil and Gas Prompt Overseas Acquisitions by the Country's NOCs 73.1.1 Crude Oil and Natural Gas Supply-Demand Scenario in India 73.1.2 Government of India is Focusing on Three Main Strategic Objectives to Mitigate Future Risks Associated with the Demand - Supply Mismatch 93.1.3 Indian Oil Sector Public Sector Undertakings (PSUs) are Actively Pursuing Overseas Investments 103.2 South Korea Relies on Imports for Most of its Oil and Gas Requirements 133.2.1 Crude Oil and Natural Gas Supply Demand Scenario in South Korea 133.2.2 South Korea Focuses on Building Oil Stockpiling Capacity and Investing in Overseas Oil and Gas Assets to Ensure Energy Security 133.2.3 NOCs of South Korea are Focused on Overseas Investments to Gain Hydrocarbon Resource Base and Technological Know-How 143.3 China is Witnessing a Widening Gap Between Domestic Production and Consumption of Oil and Gas 143.3.1 Crude Oil and Natural Gas Supply Demand Scenario of China 143.3.2 China is Undertaking Several Measures to Ensure Domestic Energy Security 163.4 Thailand Depends on Imports for More than Two - Fifth of its Crude Oil and Natural Gas Consumption 173.4.1 Crude Oil and Natural Gas Supply Demand Scenario of Thailand 173.4.2 Thailand's PTT Group is to Invest about 720 Billion Baht ($23.48 Billion) over 2012 - 2016 to Mitigate Demand-Supply Mismatch 184 ONGC is among the Key Asian NOCs in terms of International Investments in Upstream Sector Since 2010 194.1 Major Overseas Investments of ONGC Since 2007 204.2 ONGC is working towards Boosting its Reserve Replacement Ratio (RRR) 234.3 Major Overseas Planned Investments of ONGC 245 International Investments in the Upstream Sector Allow KNOC to Ensure Energy Security for South Korea 275.1 Major Overseas Investments of KNOC 285.2 Major Overseas Planned Investments of Korea National Oil Corporation 336 CNOOC's Spree to Expand its International Upstream Operations has helped the Company to Bolster its RRR 356.1 CNOOC is striving to Strengthen its RRR 366.2 CNOOC has made Several Major Overseas Asset Acquisitions Since 2008 376.3 CNOOC Plans to Maintain its Production in the Range of 330MMboe to 340MMboe in 2012 417 PetroChina's Business Strategy Includes Acquiring Resources Overseas and Expanding its Strategic Reserves 427.1 Major Overseas Investments of PetroChina 437.2 Major Overseas Planned Investments of PetroChina 448 Oil India Limited is Supporting Domestic Energy Security through its Core Business Objective of Diversifying Across Geographies 468.1 Major Overseas Investments of Oil India Limited 478.2 Major Overseas Planned Investments of Oil India Limited 499 PTTEP Considers North America, Australia, Thailand and South East Asia as its Growth Hubs 509.1 Major Overseas Investments of PTTEP 519.2 PTTEP's RRR has Decreased Significantly over a Period 549.3 Major Overseas Planned Investments of PTTEP 5510 Sinopec is Focusing on Overseas Acquisition to Expand its Reserves and Production Base 5610.1 Major Overseas Investments of Sinopec 5710.2 Major Overseas Planned Investments of Sinopec 5811 Appendix 5911.1 Source 5911.2 Market Definition 5911.3 Abbreviations 6011.4 Methodology 6111.4.1 Coverage 6111.4.2 Secondary Research 6111.4.3 Primary Research 6111.4.4 Expert Panel Validation 6211.5 Contact Us 6211.6 Disclaimer 62

List of Tables

Table 1: Details of Participating Interest of PSUs in Overseas Oil and Gas Assets, June 2011 11Table 2: Oil and Natural Gas Corporation Limited, Major Announced and Completed Overseas Investment Deals, January 2007- March 2012 21Table 3: OVL, Overseas Oil and Gas Production, 2009 - 2012 22Table 4: Oil and Natural Gas Corporation Limited, Major Planned Overseas Investment Deals, 2010-2012 (March) 24Table 5: Korea National Oil Corporation, Major Announced and Completed Overseas Investment Deals, 2007-2012 (March) 28Table 6: Korea National Oil Corporation, Major Planned Overseas Investment Deals, 2011 34Table 7: CNOOC Limited, Major Announced and Completed Overseas Investment Deals, 2008 -2011 38Table 8: CNOOC Limited, Major Planned Overseas Investment Deal, March 2012 41Table 9: PetroChina Company Limited, Major Announced and Completed Overseas Investment Deals, January 2007- March 2012 43Table 10: PetroChina Company Limited, Major Planned Overseas Investment Deals, 2010 44Table 11: Oil India Limited, Major Announced and Completed Overseas Investment Deals, January 2007- March 2012 47Table 12: Oil India Limited, Major Planned Overseas Investment Deals, 2009 -2012 (March) 49Table 13: PTT Exploration and Production PCL, Major Announced and Completed Overseas Investment Deals, 2007- 2010 51Table 14: PTT Exploration and Production PCL, Major Planned Overseas Investment Deals, February 2012 55Table 15: China Petroleum & Chemical Corporation, Major Announced and Completed Overseas Investment Deals, January 2007- March 2012 57

List of Figures

Figure 1: India, Gap Between Domestic Production and Consumption of Crude Oil and Natural Gas, MMboe, 2006 - 2011 8Figure 2: Share of Investment Target of Five Indian Oil PSUs, %, 2011 - 2012 12Figure 3: China, Gap Between Domestic Production and Consumption of Crude Oil and Natural Gas, MMboe, 2006-2011 15Figure 4: Thailand, Gap Between Domestic Production and Consumption of Crude Oil and Natural Gas, MMboe, 2006-2011 17Figure 5: OVL, Overseas Operations Map, February 2012 19Figure 6: ONGC, Total Proved Oil and Gas Reserves, Geographical Distribution, Fiscal Year 2011 20Figure 7: Oil and Natural Gas Corporation Limited, Reserve Replacement Ratio, %, 2007 - 2011 23Figure 8: Estimated Share of Oil and Gas Production of OVL in India's Oil and Gas Consumption, %, 2007 - 2018 25Figure 9: India, Comparison of Reserves and Production of Major NOCs, MMboe, Fiscal Year 2011 26Figure 10: Korea National Oil Corporation, Overseas E&P Operations, Location Map, February 2012 27Figure 11: Estimated Share of Oil and Gas Production of KNOC in South Korea's Oil and Gas Consumption, %, 2007 - 2012 33Figure 12: Korea National Oil Corporation and SK Innovation Co., Ltd., Comparison of Reserves and Production, MMboe, 2010 34Figure 13: CNOOC, Net Proved Oil and Gas Reserves, Geographic Distribution, December 31, 2011 35Figure 14: CNOOC Limited, Reserve Replacement Ratio, %, 2007 - 2011 36Figure 15: Estimated Share of Oil and Gas Production of CNOOC Limited in China's Oil and Gas Consumption, %, 2007 - 2012 40Figure 16: PetroChina Company Limited, E&P Operations, Location Map, December 2011 42Figure 17: China, Comparison of Reserves, Production and Estimated Upstream Capital Expenditure of Major NOCs, MMboe and $m, 2012 45Figure 18: Oil India Limited, E&P Operations, Location Map, November 2011 46Figure 19: Estimated Share of Oil and Gas Production of Oil India Limited in India's Oil and Gas Consumption, %, 2007 - 2012 48Figure 20: PTT Exploration and Production PCL, E&P Operations, Location Map, March 2012 50Figure 21: Estimated Share of Oil and Gas Production of PTT Exploration and Production PCL in Thailand's Oil and Gas Consumption, %, 2007 - 2012 53Figure 22: PTT Exploration and Production PCL, Reserve Replacement Ratio, %, 2007 - 2011 54Figure 23: PTT Exploration and Production PCL, Distribution of Planned Drilling Expenditure by Region, $m, 2012 55Figure 24: China Petroleum & Chemical Corporation, Total Proved Oil and Gas Reserves, Location Map, 2010 56