Vietnam Oil and Gas Comprehensive Report Q1/2020
VIETNAM OIL AND GAS INDUSTRY
In 2018, worldwide verified oil reserves were estimated at 1,729.7 billion barrels; Concentrated mainly in the Middle East region (accounting for more than 48.3% of global oil reserves).The global natural gas output reached 3,867.94 thousand tons, increasing by 5.2% compared to 2017. North America is currently leading in Natural gas output, accounting for 27.2% of the global output, reached 1,053.9 thousand blocks.
In Vietnam, in 2019, the whole oil and gas industry exploited 11.07 million tons of oil, only equal to 92% compared to 2018, the output of natural gas in the form of gas reached 10.2 billion m3, up 3% over the same period in 2018, Petroleum production reached 11.5 thousand tons, up 21.9% over the same period in 2018.
Vietnam's crude oil import volume was estimated at about 7.62 million tons with a value of about US $ 3,596 million, up 47.4% in volume and 31% in value over the same period in 2018.
In 2018, worldwide verified oil reserves were estimated at 1,729.7 billion barrels; Concentrated mainly in the Middle East region (accounting for more than 48.3% of global oil reserves).The global natural gas output reached 3,867.94 thousand tons, increasing by 5.2% compared to 2017. North America is currently leading in Natural gas output, accounting for 27.2% of the global output, reached 1,053.9 thousand blocks.
In Vietnam, in 2019, the whole oil and gas industry exploited 11.07 million tons of oil, only equal to 92% compared to 2018, the output of natural gas in the form of gas reached 10.2 billion m3, up 3% over the same period in 2018, Petroleum production reached 11.5 thousand tons, up 21.9% over the same period in 2018.
Vietnam's crude oil import volume was estimated at about 7.62 million tons with a value of about US $ 3,596 million, up 47.4% in volume and 31% in value over the same period in 2018.
Abbreviations
Executive summary
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic context
1.2 Legal barriers
1.3 Trade agreement impact
2. WORLD PETROLEUM INDUSTRY
2.1 Crude oil
2.2 Gas
2.3 Current situation of key nations in the industry
2.4 Major companies in the industry
3. VIETNAM PETROLEUM INDUSTRY
3.1 Definition and classification
3.2 Formation and development progress
3.3 Industrial value chain
3.4 Current situation
4. RISK ANALYSIS
4.1 Industrial risk analysis
4.2 SWOT analysis
5. PLANNING AND FORECAST
5.1 Planning
5.2 Forecast
6. ENTERPRISE ANALYSIS
6.1 Enterprise introduction
6.2 Financial analysis
Financial Statements Appendix
Executive summary
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic context
1.2 Legal barriers
1.3 Trade agreement impact
2. WORLD PETROLEUM INDUSTRY
2.1 Crude oil
2.2 Gas
2.3 Current situation of key nations in the industry
2.4 Major companies in the industry
3. VIETNAM PETROLEUM INDUSTRY
3.1 Definition and classification
3.2 Formation and development progress
3.3 Industrial value chain
3.4 Current situation
4. RISK ANALYSIS
4.1 Industrial risk analysis
4.2 SWOT analysis
5. PLANNING AND FORECAST
5.1 Planning
5.2 Forecast
6. ENTERPRISE ANALYSIS
6.1 Enterprise introduction
6.2 Financial analysis
Financial Statements Appendix
LIST OF FIGURES
Figure 1: GDP at current prices and GDP per capita, 2016 – 2019
Figure 2: GDP at current prices and GDP per capita, 2013 - 2019
Figure 3: PVN’s contribution to GDP, 2008 - 2017
Figure 4: Contribution of crude oil collection in State budget, 2008 – 2018(*)
Figure 5: Top 10 countries with the largest oil reserves, 2018
Figure 6: Proven oil reserves, 2018
Figure 7: Number of oil rigs worldwide, 2014 -2019
Figure 8: Number of US oil rigs, 2014 – 2019
Figure 9: World oil rigs by region, 2019
Figure 10: Oil supply by regions, 2019
Figure 12: Crude oil production in OPEC countries, Q1/2016 – Q4/2019
Figure 13: Crude oil production in OPEC countries, 2019
Figure 14: World oil demand, 2016 – 2020e
Figure 15: Oil consumption by region, 2019
Figure 16: Top 10 oil consuming countries, 2018
Figure 17: Oil consumption by product, 2008-2018
Figure 18: Crude oil imports, 2012 - 2018
Figure 19: Crude oil exports, 2018
Figure 20: History of world crude oil prices 1861 –2019
Figure 21: Top 10 countries with largest natural gas reserves, 2018
Figure 22: Natural gas reserves, 1970 - 2018
Figure 23: Natural gas production by region, 2018
Figure 24: Leading countries in producing natural gas, 2018
Figure 25: Natural gas consumption, 2008 - 2018
Figure 26:Natural gas consumption by region, 2018
Figure 27: Top 10 natural gas consuming countries, 2018
Figure 28: Gas pipelines by region 2017
Figure 29: Natural gas exports, 2016 - 2018
Figure 30: Global gas trade, 2018
Figure 31: Top 10 countries exporting gas by pipelines, 2018
Figure 32: Top 10 LNG exporting countries, 2018
Figure 33: Top 10 LNG importing countries, 2018
Figure 34: Top 10 countries importing gas by pipelines, 2018
Figure 35: World natural gas price movements, 1/2013 – 12/2019
Figure 36: U.S crude oil production, 1/2010 – 12/2019
Figure 37: U.S natural gas production, 1/2010 – 12/2019
Figure 38: U.S crude oil net exports, 6/2016 – 12/2019
Figure 39: U.S natural gas net exports, 6/2016 – 12/2019
Figure 40: China’s crude oil net imports, 6/2016 – 12/2019
Figure 41: Vietnam’s petroleum reserves, 2010-2016
Figure 42: The number of mines put into operation every 5 years, 1981 - 2015
Figure 43: The number of oil and gas production enterprises in Vietnam,2010 - 2017
Figure 44: Labors in oil and gas industry, 2010 – 2016
Figure 45: Vietnam’s crude oil production, 2010 – 2019
Figure 46: Vietnam’s natural gas production, 2010 – 2019
Figure 47: Natural gas production by gas field, 2018
Figure 48: Vietnam's crude oil consumption, 2010 – 2019
Figure 49: Vietnam’s natural gas consumption, 2010 – 2019
Figure 50: Natural gas consumption by end use 2018
Figure 51: Vietnam’s crude oil exports, 2010 – 2019
Figure 52: Crude oil export market by volume, 2019
Figure 53: Average crude oil export prices by market, 2019
Figure 54: Vietnam’s crude oil imports, 2010 – 2019
Figure 55: Importing crude oil into Vietnam by country, 2019
Figure 56: Vietnam’s natural gas exports by country, 2019
Figure 57: Vietnam’s natural gas exports, 2013 – 2019
Figure 58: Top 10 natural gas exporting enterprises, 2019
Figure 59: Top 10 enterprises importing natural gas from Vietnam, 2019e
Figure 60: Vietnam’s natural gas imports, 2012 – 2019
Figure 61: Top 10 natural gas importing enterprises, 2019
Figure 62: Natural gas import market, 2019
Figure 63: Petroleum production, 2009 – 2019
Figure 64: Petroleum consumption, 2010 – 6M/2017e
Figure 65: Petroleum exports, 2010 – 2019
Figure 66: Petroleum export markets by volume, 2019
Figure 67: Petroleum imports, 2010 – 2019
Figure 68: Petroleum import markets by volume, 2019
Figure 69: Domestic petroleum price movements, 2015 – 2019
Figure 70: Petroleum market by output 2017e
Figure 71: The number of enterprises exporting and distributing petroleum
Figure 72: Petrolimex’s revenue by form of distribution
Figure 73: Oil’s revenue by form of distribution 2018
Figure 74: LPG production, 2009 – 2019
Figure 75: Gas production, filtration and distribution process
Figure 76: LPG consumption, 2009 – 2018
Figure 77: LPG imports, 2009 – 2019
Figure 78: LPG import markets by volume, 2019
Figure 79: LPG storage capacity by region
Figure 80: LPG retail market share, 2016
Figure 81: Industry group by revenue, 2016
Figure 82: Vietnam’s polypropylene production, 2010 – 2018
Figure 83: Demand for invested capital by region, 2016-2025
Figure 84: Demand for invested capital by region, 2026-2035
Figure 85: World oil demand, 2017-2040f
Figure 86: World oil supply, 2017-2040f
Figure 87: World natural gas consumption 2016 – 2040f
Figure 88: Increased natural gas production by group of countries, 2016
– 2040f
Figure 89: Forecasts of Vietnam’s oil supply - demand, 2019 – 2025
Figure 90: Forecasts of Vietnam’s gas supply –demand, 2019 – 2020
Figure 91: PVN’s revenue, 2010 – 6M/2019
Figure 92: Petrolimex’s revenue, 2011 - 2018
Figure 93: Net revenue growth rate, 2017 – 2018
Figure 94: Enterprises debt solvency in 2018
Figure 95: Solvency of enterprises, 2017
Figure 96: Receivables turnover ratio, 2018
Figure 97: Total asset turnover ratio, 2018
Figure 98: Profit margin, 2018
Figure 1: GDP at current prices and GDP per capita, 2016 – 2019
Figure 2: GDP at current prices and GDP per capita, 2013 - 2019
Figure 3: PVN’s contribution to GDP, 2008 - 2017
Figure 4: Contribution of crude oil collection in State budget, 2008 – 2018(*)
Figure 5: Top 10 countries with the largest oil reserves, 2018
Figure 6: Proven oil reserves, 2018
Figure 7: Number of oil rigs worldwide, 2014 -2019
Figure 8: Number of US oil rigs, 2014 – 2019
Figure 9: World oil rigs by region, 2019
Figure 10: Oil supply by regions, 2019
Figure 12: Crude oil production in OPEC countries, Q1/2016 – Q4/2019
Figure 13: Crude oil production in OPEC countries, 2019
Figure 14: World oil demand, 2016 – 2020e
Figure 15: Oil consumption by region, 2019
Figure 16: Top 10 oil consuming countries, 2018
Figure 17: Oil consumption by product, 2008-2018
Figure 18: Crude oil imports, 2012 - 2018
Figure 19: Crude oil exports, 2018
Figure 20: History of world crude oil prices 1861 –2019
Figure 21: Top 10 countries with largest natural gas reserves, 2018
Figure 22: Natural gas reserves, 1970 - 2018
Figure 23: Natural gas production by region, 2018
Figure 24: Leading countries in producing natural gas, 2018
Figure 25: Natural gas consumption, 2008 - 2018
Figure 26:Natural gas consumption by region, 2018
Figure 27: Top 10 natural gas consuming countries, 2018
Figure 28: Gas pipelines by region 2017
Figure 29: Natural gas exports, 2016 - 2018
Figure 30: Global gas trade, 2018
Figure 31: Top 10 countries exporting gas by pipelines, 2018
Figure 32: Top 10 LNG exporting countries, 2018
Figure 33: Top 10 LNG importing countries, 2018
Figure 34: Top 10 countries importing gas by pipelines, 2018
Figure 35: World natural gas price movements, 1/2013 – 12/2019
Figure 36: U.S crude oil production, 1/2010 – 12/2019
Figure 37: U.S natural gas production, 1/2010 – 12/2019
Figure 38: U.S crude oil net exports, 6/2016 – 12/2019
Figure 39: U.S natural gas net exports, 6/2016 – 12/2019
Figure 40: China’s crude oil net imports, 6/2016 – 12/2019
Figure 41: Vietnam’s petroleum reserves, 2010-2016
Figure 42: The number of mines put into operation every 5 years, 1981 - 2015
Figure 43: The number of oil and gas production enterprises in Vietnam,2010 - 2017
Figure 44: Labors in oil and gas industry, 2010 – 2016
Figure 45: Vietnam’s crude oil production, 2010 – 2019
Figure 46: Vietnam’s natural gas production, 2010 – 2019
Figure 47: Natural gas production by gas field, 2018
Figure 48: Vietnam's crude oil consumption, 2010 – 2019
Figure 49: Vietnam’s natural gas consumption, 2010 – 2019
Figure 50: Natural gas consumption by end use 2018
Figure 51: Vietnam’s crude oil exports, 2010 – 2019
Figure 52: Crude oil export market by volume, 2019
Figure 53: Average crude oil export prices by market, 2019
Figure 54: Vietnam’s crude oil imports, 2010 – 2019
Figure 55: Importing crude oil into Vietnam by country, 2019
Figure 56: Vietnam’s natural gas exports by country, 2019
Figure 57: Vietnam’s natural gas exports, 2013 – 2019
Figure 58: Top 10 natural gas exporting enterprises, 2019
Figure 59: Top 10 enterprises importing natural gas from Vietnam, 2019e
Figure 60: Vietnam’s natural gas imports, 2012 – 2019
Figure 61: Top 10 natural gas importing enterprises, 2019
Figure 62: Natural gas import market, 2019
Figure 63: Petroleum production, 2009 – 2019
Figure 64: Petroleum consumption, 2010 – 6M/2017e
Figure 65: Petroleum exports, 2010 – 2019
Figure 66: Petroleum export markets by volume, 2019
Figure 67: Petroleum imports, 2010 – 2019
Figure 68: Petroleum import markets by volume, 2019
Figure 69: Domestic petroleum price movements, 2015 – 2019
Figure 70: Petroleum market by output 2017e
Figure 71: The number of enterprises exporting and distributing petroleum
Figure 72: Petrolimex’s revenue by form of distribution
Figure 73: Oil’s revenue by form of distribution 2018
Figure 74: LPG production, 2009 – 2019
Figure 75: Gas production, filtration and distribution process
Figure 76: LPG consumption, 2009 – 2018
Figure 77: LPG imports, 2009 – 2019
Figure 78: LPG import markets by volume, 2019
Figure 79: LPG storage capacity by region
Figure 80: LPG retail market share, 2016
Figure 81: Industry group by revenue, 2016
Figure 82: Vietnam’s polypropylene production, 2010 – 2018
Figure 83: Demand for invested capital by region, 2016-2025
Figure 84: Demand for invested capital by region, 2026-2035
Figure 85: World oil demand, 2017-2040f
Figure 86: World oil supply, 2017-2040f
Figure 87: World natural gas consumption 2016 – 2040f
Figure 88: Increased natural gas production by group of countries, 2016
– 2040f
Figure 89: Forecasts of Vietnam’s oil supply - demand, 2019 – 2025
Figure 90: Forecasts of Vietnam’s gas supply –demand, 2019 – 2020
Figure 91: PVN’s revenue, 2010 – 6M/2019
Figure 92: Petrolimex’s revenue, 2011 - 2018
Figure 93: Net revenue growth rate, 2017 – 2018
Figure 94: Enterprises debt solvency in 2018
Figure 95: Solvency of enterprises, 2017
Figure 96: Receivables turnover ratio, 2018
Figure 97: Total asset turnover ratio, 2018
Figure 98: Profit margin, 2018
LIST OF TABLES
Table 1: Classification, characteristics and applications of products
Table 2: Crude oil export turnover of typical countries in 2018
Table 3: Crude oil import turnover of typical countries in 2018
Table 4: World crude oil imports, 2018
Table 5: Methods of petroleum exploration
Table 6: Gas-fired power plant 2018
Table 7: Methods of transporting crude oil
Table 8: Gas pipelines
Table 9: The balance of average petroleum supply and demand in Vietnam market from 2018 to 2022
Table 10: Number of adjusting times gasoline prices, 2019
Table 11: Scale of 5 leading enterprises in the petroleum market in 2017
Table 1: Classification, characteristics and applications of products
Table 2: Crude oil export turnover of typical countries in 2018
Table 3: Crude oil import turnover of typical countries in 2018
Table 4: World crude oil imports, 2018
Table 5: Methods of petroleum exploration
Table 6: Gas-fired power plant 2018
Table 7: Methods of transporting crude oil
Table 8: Gas pipelines
Table 9: The balance of average petroleum supply and demand in Vietnam market from 2018 to 2022
Table 10: Number of adjusting times gasoline prices, 2019
Table 11: Scale of 5 leading enterprises in the petroleum market in 2017
