Denmark Oil and Gas Report Q2 2014

Date: March 5, 2014
Pages: 115
Price:
US$ 1,295.00
Publisher: Business Monitor International
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: D64C26D9F0BEN
Leaflet:

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Includes 3 FREE quarterly updates

BMI View: Denmark is likely to remain an oil and gas net exporter over our forecast period, despite production decline. The government is confident the country will sustain its position as a net exporter of oil and gas until the end of the decade. We expect a partial recovery in oil and gas volumes over the medium term. However, we forecast that overall production will decline in the long term and that exports will become increasingly thin by the end of our forecast period despite a small drop in consumption.

The main trends and developments in Denmark's oil and gas sector are:

We are forecasting oil reserves to slowly decline from current levels of 805mn barrels (bbl) of oil to approximately 645mn bbl by the end of our forecasting period in 2023. There is upside risk to our reserves forecast from New World's Danica Jutland prospects and from Wintershall's Hibonite discovery. We expect gas reserves to stagnate throughout the forecast period. We estimate that gas reserves will be approximately 40bn cubic metres (bcm) in 2018, from their current level of 43bcm.

However, upside risk exists: Denmark could have sizeable shale gas resources. In December 2014, the US Geological Survey estimates that the Alum Shale in Denmark could contain about 193bcm of undiscovered, technically recoverable natural gas. This compares very favourably to Denmark's current gas reserves estimates of about 40bcm at the time of writing.
BMI Industry View
SWOT
Industry Forecast
Oil And Gas Reserves
  Table: Denmark Proven Oil & Gas Reserves And Total Petroleum Data, 2012-2017
  Table: Denmark Proven Oil & Gas Reserves And Total Petroleum Data - Long-Term Forecasts, 2018-2023
Oil Supply And Demand
  Table: Denmark Oil Production And Net Exports, 2012-2017
  Table: Denmark Oil Production And Net Exports, 2018-2023
Gas Supply And Demand
  Table: Denmark Gas Production, Consumption And Net Exports, 2012-2017
  Table: Denmark Gas Production, Consumption And Net Exports, 2018-2023
LNG
Refining And Oil Products Trade
  Table: Denmark Refining Production And Consumption, 2012-2017
  Table: Denmark Refining Production And Consumption, 2018-2023
Revenues/Import Costs
Key Risks To BMI's Forecast Scenario
Industry Risk Reward Ratings
Denmark - O&G Risk Reward Ratings
Denmark Upstream Rating - Overview
Denmark Upstream Rating - Rewards
Denmark Upstream Rating - Risks
Denmark Downstream Rating - Overview
Denmark Downstream Rating - Rewards
Denmark Downstream Rating - Risks
North America And Western Europe - Risk/Reward Ratings
  Table: Oil & Gas Upstream Risk/Reward Ratings
Western Europe Languishes Without Shale Outlook
Downstream: US Comes Out Tops
  Table: Oil & Gas Downstream Risk/Reward Ratings
  Table: North America & Western Europe States Oil & Gas Risk/Reward Ratings
Market Overview
Denmark Energy Market Overview
  Table: Upstream Projects Database
Overview/State Role
Regulation
Licensing
Government Policy
Licensing Rounds
International Energy Relations
Oil & Gas Infrastructure
Oil Refineries
  Table: Refineries In Denmark
Service Stations
Oil Storage Facilities
Oil Pipelines/Terminals
LNG Terminals
Gas Storage Facilities
Gas Pipelines
Competitive Landscape
Competitive Landscape Summary
  Table: Key Players - Danish Oil And Gas Sector
  Table: Key Upstream Players
  Table: Key Downstream Players
Company Profile
DONG Energy
Royal Dutch Shell
Other Summaries
Regional Overview
North America & Western Europe Overview
North America
  Table: Canadian LNG Export Terminal Project Applications
Europe
Muted Consumption Growth
The Difficulty In Moving Exports Along
Refining Capacity: A Tale Of Two Continents
Global Industry Overview
Appendix
Developed Europe - Regional Appendix
  Table: Oil Consumption - Historical Data And Forecasts, 2011-2018 ('000b/d)
  Table: Oil Consumption - Long-Term Forecasts, 2015-2022 ('000b/d)
  Table: Oil Production - Historical Data And Forecasts, 2011-2018 ('000b/d)
  Table: Oil Production - Long-Term Forecasts, 2015-2022 ('000b/d)
  Table: Refinery Capacity - Historical Data And Forecasts, 2011-2018 ('000b/d)
  Table: Refining Capacity - Long-Term Forecasts, 2015-2022 ('000b/d)
  Table: Gas Consumption - Historical Data And Forecasts, 2011-2018 (bcm)
  Table: Gas Consumption - Long-Term Forecasts, 2015-2022 (bcm)
  Table: Gas Production - Historical Data And Forecasts, 2011-2018 (bcm)
  Table: Gas Production - Long-Term Forecasts, 2015-2022 (bcm)
  Table: LNG Gas Imports (Exports) - Historical Data And Forecasts, 2011-2018 (bcm)
  Table: LNG Gas Imports (Exports) - Long-Term Forecasts, 2015-2022 (bcm)
Denmark - Products Breakdown, 10-year Forecasts
  Table: Denmark Refined Petroleum Products, Production Breakdown, 2018-2013
  Table: Denmark Refined Petroleum Products, Consumption Breakdown, 2012-2017
  Table: Denmark Refined Petroleum Products, Consumption Breakdown, 2018-2023
  Table: Denmark Refined Petroleum Products, Net Exports Breakdown, 2012-2017
  Table: Denmark Refined Petroleum Products, Net Exports Breakdown, 2018-2023
Glossary
  Table: Glossary Of Terms
Methodology
Industry Forecast Methodology
Source
Risk/Reward Ratings Methodology
  Table: Bmi's Oil & Gas Upstream Risk/Reward Ratings
  Table: Weighting
Denmark Oil and Gas Report Q3 2013 US$ 1,295.00 Jun, 2013 · 92 pages
Denmark Oil and Gas Report Q1 2014 US$ 1,295.00 Dec, 2013 · 102 pages

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