Philippines Oil and Gas Report Q3 2016

Date: July 6, 2016
Pages: 71
US$ 1,295.00
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: P6F87D92D46EN

Download PDF Leaflet

Includes 3 FREE quarterly updates

BMI View: Falling natural gas and condensates output at the Malampaya field is unlikely to be replaced by other significant sources of oil and gas production; the Philippines' dependence on crude oil, refined fuels and LNG will deepen over the next 10 years.

The main trends and developments we highlight for the Philippines' oil and gas sector are:
  • The Philippines is set to commence its first LNG trade when Energy World Corporation's 4.1bcm LNG import terminal at Pagbilao comes online in H216.
  • First Gen Corp's USD1.0bn LNG import project in Batangas is slated to come online by 2021/2022.
  • Implementation of Euro-IV fuels standards nationwide from January 2016 will increase domestic supply of higher-quality fuels (gasoline, low-sulphur diesel, LPG & petrochemicals) at the expense of heavier, more pollutive fuels.
  • Completion of Phase II & III expansion works at the Malampaya field will help to improve recovery rate and extend production life, though the field is anticipated to deplete by 2030.
  • PNOC-EC made a potentially commercial gas discovery at the Mangosteen field, which could provide a small boost to domestic gas output in the latter half of the decade.
BMI Industry View
  Table: Headline Forecasts (Philippines 2014-2020)
Oil & Gas SWOT
Industry Forecast
Upstream Exploration
Latest Updates
Structural Trends
  Table: Proven Oil and Gas Reserves (Philippines 2014-2019)
  Table: Proven Oil and Gas Reserves (Philippines 2020-2025)
Upstream Projects
  Table: Philippines - Key Upstream Projects
Upstream Production - Oil
Latest Updates
Structural Trend
  Table: Oil Production (Philippines 2014-2019)
  Table: Oil Production (Philippines 2020-2025)
Upstream Production - Gas
Latest Updates
Structural Trends
  Table: Gas Production (Philippines 2014-2019)
  Table: Gas Production (Philippines 2020-2025)
Latest Updates
Structural Trends
  Table: Refining Capacity and Refined Products Production (Philippines 2014-2019)
  Table: Refining Capacity and Refined Products Production (Philippines 2020-2025)
Refined Fuels Consumption
Latest Updates
Structural Trends
  Table: Refined Products Consumption (Philippines 2014-2019)
  Table: Refined Products Consumption (Philippines 2020-2025)
Gas Consumption
Latest Updates
Structural Trends
  Table: Gas Consumption (Philippines 2014-2019)
  Table: Gas Consumption (Philippines 2020-2025)
Trade - Oil
Crude Oil Trade
Latest Updates
Structural Trends
  Table: Crude Oil Net Exports (Philippines 2014-2019)
  Table: Crude Oil Net Exports (Philippines 2020-2025)
Fuels Trade
Latest Updates
Structural Trends
  Table: Refined Fuels Net Exports (Philippines 2014-2019)
  Table: Refined Fuels Net Exports (Philippines 2020-2025)
Trade - Gas (Pipeline And LNG)
Latest Updates
Structural Trends
Supply Sources
  Table: Gas Net Exports (Philippines 2014-2019)
  Table: Gas Net Exports (Philippines 2020-2025)
Industry Risk Reward Ratings
Asia - Risk/Reward Index
  Table: Asia's Oil & Gas Risk/Reward Index
Upstream Risk/Reward Index: Production Cuts Reinforce Bearish Outlook
  Table: Asia: Upstream Risk/Reward Index
Downstream Risk/Reward Index: Refinery Developments Lift Scores For Malaysia And The Philippines
  Table: Asia: Downstream Risk/Reward Index
Philippines - Risk/Reward Index
Upstream Index - Overview
Downstream Index - Overview
Market Overview
Philippines Energy Market Overview
Regulatory Regime
Licensing Rounds
  Table: PECR-5: Available Licences
Oil And Gas Infrastructure
Oil Refineries
  Table: Oil Refineries
Oil Storage Facilities
Service Stations
LNG Terminals
  Table: LNG Terminals In The Philippines
Gas Pipelines
Competitive Landscape
Company Profile
Philippine National Oil Company (PNOC)
Latest Updates
  Table: Major Current Assets
  Table: PNOC - Key Financial Data
Shell Philippines
Latest Updates
  Table: Major Current Assets
  Table: Royal Dutch Shell - Key Financial Data
Regional Overview
Asia Regional Overview
  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

Philippines Oil and Gas Report Q3 2016
Company name*:
Contact person*:
Request invoice
Your enquiry:
Please click on a Check Box below to confirm you are not a robot: