Product Code: 2398-0788
BMI View: The Asia region will be crucial to global oil demand in the near and long term. Regional gas
demand will strengthen, as more stringent emissions laws amid growing public environmental concerns and
lower LNG prices support its use. Overcapacity in the refining sector will weigh on margins, particularly
Key oil & gas developments in the Asia region include:
- China and India will lead crude oil demand, while gasoline consumption is due to be particularly strong.
- Low oil prices are pushing national oil companies to increase their domestic focus.
- Overcapacity in the refining sector will increasingly damage margins, particularly for diesel.
- The LNG industry is undergoing a dramatic change, with oversupply forcing more flexible contract lengths and hybrid pricing.
- New LNG export projects will face delay, though LNG import developments will accelerate.
- JKM spot prices will remain weak for at least three years.
Table of Contents
BMI Industry View
- Table: Asia Oil & Gas Production, Consumption & Refining
Regional Forecast Analysis
- Asia - Positive Gas Output Growth In Conflict With Bearish Oil Outlook
Industry Risk Reward Index
- Asia - Risk/Reward Index
- Table: Asia's Oil & Gas Risk/Reward Index
- Table: Asia: Upstream Risk/Reward Index
- Table: Asia: Downstream Risk/Reward Index
- Asia - Four LNG Demand Hotspots
- Asia - Far East LNG Imports To Weaken Through To 2020
- Asia - Gasoline Market Facing Near-Term Pressure
- China - Diesel Exports Surge On Flood, Economic Slowdown
- Global - Petronas: Downstream Expansion Key To Growth
- Global - PetroChina: Upstream Targets Unachievable
- Asia - JKM Prices Set To Tumble
- Global - Brent: Conventional Declines To Drive 2017 Recovery
- Table: BMI And Bloomberg Consensus* WTI & Brent Annual Average Forecasts, USD/bbl
- Industry Forecast Methodology
- Risk/Reward Index Methodology
- Table: Bmi's Oil & Gas Upstream Risk/Reward Index
- Table: Weighting