Malaysia Oil and Gas Report Q2 2016

Date: March 16, 2016
Pages: 127
US$ 1,295.00
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)

Download PDF Leaflet

Includes 3 FREE quarterly updates

BMI View: Malaysia's long-term crude oil production will be hit as investment in deepwater exploration and production is curtailed amid low oil prices. A more competitive Asian LNG market will reduce foreign gas demand in the short term.

Latest Updates and Key Forecasts
  • We forecast Malaysia's crude oil production to remain on a downtrend over 2016 to 2025 as weak oil prices limit the attractiveness of boosting output. Furthermore, we do not expect new final investment decisions in deepwater and marginal projects in the next several years given their high breakeven cost.
  • We have further downgraded our oil production forecast this quarter on the back of continuously low oil prices, our downwards oil price forecast revision for the coming years and Petronas' large spending cuts for the coming four years. We see Malaysia's oil production levels declining from an estimated 645,900b/ d in 2015 to 458,600b/d in 2025
  • We have upgraded our refining forecast this quarter based on the selling of Shell's Port Dickson refinery to Chinese private refiner Shandong Hengyuan Petrocheminal. The new buyer has announced plans to upgrade the refinery to meet new Euro IV and V fuel specifications. We are therefore now including this refinery within the entire forecast period.
  • We expect refined fuels production to remain relatively stable over the coming years, rising in 2020 with the start of the RAPID refinery, boosting refined products production from 410,700b/d in 2019 to 593,200b/d by 2022.
  • Malaysia's oil consumption will grow at a slower rate over the next decade as a result of weakening economic growth and falling energy intensity weighing on demand. The consumption mix will remain dominated by diesel and gasoline over our forecast period.
BMI Industry View
  Table: Headline Forecasts (Malaysia 2014-2020)
Industry Forecast
Upstream Exploration
Latest Updates
Structural Trends
  Table: Major Discoveries In Malaysia Since 2011
  Table: Blocks Offered In The Petronas Licensing Round 2014
Upstream Projects
  Table: Malaysia Major Upstream Projects
Upstream Production - Oil
Latest Updates
Structural Trends
  Table: Risk Sharing Contracts Awarded
  Table: Oil Production (Malaysia 2014-2019)
  Table: Oil Production (Malaysia 2020-2025)
Upstream Production - Gas
Latest Updates
Structural Trends
  Table: Gas Production (Malaysia 2014-2019)
  Table: Gas Production (Malaysia 2020-2025)
Latest Updates
Structural Trends
  Table: Refining Capacity and Refined Products Production (Malaysia 2014-2019)
  Table: Refining Capacity and Refined Products Production (Malaysia 2020-2025)
Refined Fuels Consumption
Latest Updates
Structural Trends
  Table: Refined Products Consumption (Malaysia 2014-2019)
  Table: Refined Products Consumption (Malaysia 2020-2025)
Gas Consumption
Latest Updates
Structural Trends
  Table: Gas Consumption (Malaysia 2014-2019)
  Table: Gas Consumption (Malaysia 2020-2025)
Trade - Oil
Crude Oil Trade Forecasts
Latest Updates
Structural Trends
  Table: Crude Oil Net Exports (Malaysia 2014-2020)
  Table: Crude Oil Net Exports (Malaysia 2020-2025)
Fuels Trade Forecasts
Latest Updates
Structural Trends
  Table: Refined Fuels Net Exports (Malaysia 2014-2019)
  Table: Refined Fuels Net Exports (Malaysia 2020-2025)
Trade - Gas (Pipeline And LNG)
Latest Updates
Structural Trends
  Table: Gas Net Exports (Malaysia 2014-2019)
  Table: Gas Net Exports (Malaysia 2020-2025)
Industry Risk Reward Index
Asia - Oil & Gas Risk/Reward Index
Upstream Risk/Reward Index: Persistent Oil Price Weakness Underpins Bearish Outlook
  Table: Asia: Upstream Risk/Reward Index
Downstream Risk/Reward Index: Projection For Weaker Economic Growth Undermines India's Scores
  Table: Asia: Downstream Risk/Reward Index
Malaysia Risk/Reward Index
Malaysia Upstream Index - Overview
Malaysia Upstream Index - Rewards
Malaysia Upstream Index - Risks
Malaysia Downstream Index - Overview
Market Overview
Oil And Gas Infrastructure
Oil Refineries
  Table: Refineries In Malaysia
Existing Refineries
Planned Refineries
Proposed Refineries
Oil Storage Facilities
  Table: Oil Storage Facilities In Malaysia
Oil Terminals/Ports
Oil Pipelines
LNG Liquefaction Terminals
  Table: Malaysia LNG Liquefaction Terminals
LNG Import Terminals
  Table: Malaysia LNG Regasification Facilities
Gas Pipelines
Malaysia Energy Market Overview
Regulatory Structure
Fiscal Regime
  Table: Malaysia - Upstream Tax Regime
Licensing Regime
  Table: Malaysia - Contracts and Licensing Regime
Competitive Landscape
  Table: Key Players - Malaysian Energy Sector
Company Profile
Murphy Oil
Other Summaries
Regional Overview
Industry Trend Analysis
  Table: Glossary Of Terms
Industry Forecast Methodology
Risk/Reward Index Methodology
  Table: Bmi's Oil & Gas Upstream Risk/Reward Index
  Table: Weighting
Skip to top

Ask Your Question

Malaysia Oil and Gas Report Q2 2016
Company name*:
Contact person*:
Request invoice
Your enquiry:
Please click on a Check Box below to confirm you are not a robot: