Abstract
Gas Market Outlook in Libya, 2010
Summary
This profile is the essential source for top-level energy industry data and
information. The report provides an overview of each of the key sub-segments
of the energy industry in Libya. It details the market structure, regulatory
environment, infrastructure and provides historical and forecasted statistics
relating to the supply/demand balance for each of the key sub-segments. It
also provides information relating to the natural gas assets (gas fields,
pipelines, LNG terminals and underground gas storage facilities) in Libya. The
report compares the investment environment in Libya with other countries in
the region. The profiles of the major companies operating in the natural gas
sector in Libya together with the latest news and deals are also included in
the report.
Scope
- Historic and forecast data relating to production, consumption, imports,
exports and reserves are provided for each industry sub-segment for the period
1996-2020.
- Historical and forecast data and information for all the
major gas fields, (Liquified Natural Gas) LNG Terminals, pipelines and
underground gas storage facilities in Libya for the period 2000-2013.
-
Operator and equity details for major natural gas assets in Libya.
- Key
information relating to market regulations, key energy assets and the key
companies operating in the Libya’s energy industry.
- Information on
the top companies in the Libya including business description, strategic
analysis, and financial information.
- Product and brand updates, strategy
changes, R&D projects, corporate expansions and contractions and regulatory
changes.
- Key mergers and acquisitions, partnerships, private equity and
venture capital investments, and IPOs.
Reasons to buy
- Gain a strong understanding of the country’s energy market.
-
Facilitate market analysis and forecasting of future industry trends.
-
Facilitate decision making on the basis of strong historic and forecast
production, reserves and capacity data.
- Assess your competitor’s
major natural gas assets and their performance.
- Analyze the latest news
and financial deals in the gas sector of each country.
- Develop
strategies based on the latest operational, financial, and regulatory events.
- Do deals with an understanding of how competitors are financed, and the
mergers and partnerships that have shaped the market.
- Identify and
analyze the strengths and weaknesses of the leading companies in the
country.
Table of Contents
1 Table Of Contents 2
1.1 List of Tables 7
1.2 List of Figures 9
2
Libya Energy sector 10
2.1 Libya Energy sector, Market Overview 10
2.2
Libya Energy Sector, Natural Gas 11
2.2.1 Libya Natural Gas, Overview
11
2.2.2 Libya Natural Gas, Supply and Demand Balance 11
2.2.3 Libya
Natural Gas, Regulatory Structure 17
2.2.4 Libya Natural Gas,
Infrastructure 17
3 Libya Gas Upstream Investment Environment Benchmarking
19
3.1 Introduction 19
3.2 The Overall Ranking 19
3.3 Upstream
Fiscal Attractiveness 19
3.3.1 Maximum Government Take Index 20
3.3.2
Maximum State Participation 21
3.3.3 Maximum Domestic Market Obligation
21
3.4 Gas Sector Performance 21
3.4.1 Exploration Activity 23
3.4.2 Gas Production 24
3.4.3 Gas Reserves 24
3.4.4 Gas Consumption
24
3.5 Economic Performance 25
3.5.1 GDP Growth Index 26
3.5.2 FDI
Confidence Index 26
3.5.3 Balance of Trade Index 27
3.6
Socio-Political Performance 27
3.6.1 Democracy Index 28
3.6.2
Governance Index 28
4 Libya Exploration and Production Sector 29
4.1
Libya Exploration and Production Sector, Country Snapshot 29
4.1.1 Libya
Exploration and Production Sector, Key Data 29
4.1.2 Libya Exploration and
Production Sector, Natural Gas Assets Map 29
4.2 Libya Exploration and
Production Sector, Marketed Natural Gas Production 30
4.2.1 Libya
Exploration and Production Sector, Marketed Natural Gas-Historical Production
30
4.2.2 Libya Exploration and Production Sector, Marketed Natural Gas
Production by Assets 30
4.2.3 Libya Exploration and Production Sector,
Marketed Equity Weighted Natural Gas Production by Company 31
4.2.4 Libya
Exploration and Production Sector, Market Share based on Marketed Equity
Weighted Natural Gas Production 32
4.3 Libya Exploration and Production
Sector, Marketed Natural Gas Forecasts 33
4.3.1 Libya Exploration and
Production Sector, Marketed Natural Gas Forecasted Production 33
4.4 Libya
Exploration And Production Sector, Natural Gas Asset Details 33
4.4.1
Libya Exploration And Production Sector, Active Natural Gas Asset Details
33
4.5 Libya Exploration And Production Sector, Major Gas Discoveries
33
4.5.1 Libya Exploration And Production Sector, Number of Gas
Discoveries, 2004- 2009 33
4.5.2 Libya Exploration And Production Sector,
Gas Discovery Details 35
4.6 Libya Exploration and Production Sector,
Recent Discoveries 35
4.6.1 Jul 20, 2010: Medco Energi Discovers
Additional Oil At N1-47/02 Well In Libya 35
4.6.2 Jun 11, 2010: TPAO
Announces Oil Discovery At C1-147/03 Well In Murzuq Basin, Libya 36
4.6.3
Apr 28, 2010: Sonatrach, NOC Announce New Oil Discovery At Ghadamis Basin In
Libya 36
4.6.4 Jan 29, 2010: TatNeft Finds Oil At B1-82/04 New Field
Wildcat In Ghadamis Basin, Libya 36
4.6.5 Jan 21, 2010: NOC Announces New
Oil Discovery At YYYY1-6 New Field Wildcat Well In Sirte Basin, Libya 37
4.6.6 Jan 12, 2010: Apache Announces New Oil And Gas Discovery In Egypt' s
Western Desert 37
4.7 Libya Exploration and Production Sector, Drilling
and Production Updates 38
4.7.1 Aug 11, 2010: BP Delays Exploration
Offshore Libya 38
4.7.2 Jul 24, 2010: BP To Start Drilling Program In
Offshore Libya Shortly 38
4.7.3 Apr 22, 2010: Tatneft Flows Oil At
A1-82/01 Well In Ghadamis Basin, Libya 38
4.7.4 Mar 24, 2010: Al-Hourouj' s
Crude Oil Production Increases In 2009 39
4.7.5 Nov 19, 2009: Oil Search
Updates On A1-18/01 Well In Area 18, Offshore Libya 39
4.7.6 Nov 05, 2009:
Oil Search Updates On A1-18/01 Well In Area 18, Offshore Libya 39
4.7.7
Oct 29, 2009: Oil Search Updates On A1-18/01 Well In Area 18, Offshore Libya
39
5 Libya Pipeline Sector 40
5.1 Libya Pipeline Sector, Key Data
40
5.2 Libya Pipeline Sector, An Overview 40
5.3 Libya Pipeline
Sector, Comparision of Key Natural Gas Pipeline Companies 40
5.4 Libya
Pipeline Sector, Natural Gas Pipelines 41
6 Libya LNG Gas Sector 43
6.1 Libya LNG Gas Sector, Liquefaction 43
6.1.1 Libya LNG Gas Sector,
Liquefaction, Total Liquefaction Capacity 43
6.1.2 Libya LNG Gas Sector,
Liquefaction Capacity- Wise (Million Tonnes) Market Share By Company 44
6.1.3 Libya LNG Gas Sector, Asset- Wise Liquefaction Capacity 44
7 Profile
of Eni S.p.A. 45
7.1 Eni S.p.A., Key Information 45
7.2 Eni S.p.A.,
Company Overview 45
7.3 Eni S.p.A., Business Description 45
7.3.1
Business Overview 45
7.3.2 Engineering and Construction 46
7.3.3
Exploration & Production 47
7.3.4 Gas & Power 48
7.3.5 Others 50
7.3.6 Petrochemicals 50
7.3.7 Refining and Marketing 51
7.4 Eni
S.p.A., SWOT Analysis 52
7.4.1 Overview 52
7.4.2 Eni S.p.A. Strengths
53
7.4.3 Eni S.p.A. Weaknesses 54
7.4.4 Eni S.p.A. Opportunities
55
7.4.5 Eni S.p.A. Threats 56
8 Profile of TOTAL S.A. 58
8.1
TOTAL S.A., Key Information 58
8.2 TOTAL S.A., Company Overview 58
8.3
TOTAL S.A., Business Description 58
8.3.1 Business Overview 58
8.3.2
Chemicals 59
8.3.3 Downstream 59
8.3.4 Upstream 61
8.4 TOTAL S.A.,
SWOT Analysis 62
8.4.1 Overview 62
8.4.2 TOTAL S.A. Strengths 63
8.4.3 TOTAL S.A. Weaknesses 65
8.4.4 TOTAL S.A. Opportunities 65
8.4.5
TOTAL S.A. Threats 67
9 Profile of Repsol YPF, S.A. 68
9.1 Repsol YPF,
S.A., Key Information 68
9.2 Repsol YPF, S.A., Company Overview 68
9.3
Repsol YPF, S.A., Business Description 68
9.3.1 Business Overview 68
9.3.2 Downstream 69
9.3.3 Gas Natural SDG 70
9.3.4 LNG 71
9.3.5
Upstream 72
9.3.6 YPF 73
9.4 Repsol YPF, S.A., SWOT Analysis 74
9.4.1 Overview 74
9.4.2 Repsol YPF, S.A. Strengths 75
9.4.3 Repsol
YPF, S.A. Weaknesses 76
9.4.4 Repsol YPF, S.A. Opportunities 77
9.4.5
Repsol YPF, S.A. Threats 78
10 Financial Deals Landscape 79
10.1
Detailed Deal Summary 79
10.1.1 Partnerships 79
10.1.2 Asset
Transactions 91
11 Recent Developments 97
11.1 Other Significant
Developments 97
11.1.1 Jul 30, 2010: Libya' s Oil Reserves Rise To 46
Billion Barrels In H1 2010 97
11.1.2 Jun 14, 2010: Libya Seeks BP Safety
Assurances On Deepwater Drilling In Mediterranean 97
11.1.3 Apr 12, 2010:
Eni, Gazprom Discuss South Stream And Upstream Projects 97
11.1.4 Apr 05,
2010: Medco Energi Becomes Operator Of Area 47 Oil Block In Libya 98
11.1.5 Mar 25, 2010: RWE Dea Completes Seismic Campaign In Concession Area 58,
Libya 98
11.1.6 Jan 07, 2010: Geotrace Completes Onboard Data Processing
Offshore Libya 99
11.1.7 Dec 21, 2009: Canadian Superior Energy Provides
Operations Update 99
11.1.8 Dec 16, 2009: TatNeft To Increase Its 2010
Capital Investments By $0.5 Billion 100
11.1.9 Dec 02, 2009: Hess Provides
Test Results Of A1-54/01 Well Offshore Libya 100
11.1.10 Oct 26, 2009:
Shokri Ghanem Rejoins As NOC' s Chairman 100
12 Appendix 101
12.1
Methodology 101
12.1.1 Coverage 101
12.1.2 Secondary Research 102
12.1.3 Primary Research 102
12.1.4 Midstream Forecasts 102
12.1.5
Expert Panel Validation 103
12.2 Contact Us 104
12.3 About GlobalData
104
12.4 Disclaimer 104
Table 1: Libya, Historic and
Forecast Production and Consumption of Natural Gas, 1996-2020 12
Table 2:
Libya, Historic and Forecast Export of Natural Gas, 1996-2020 14
Table 3:
Libya, Historic Reserves of Natural Gas, 1996-2009 16
Table 4: North
Africa, Investment Benchmarking, Overall Country Rankings, July 2010 19
Table 5: North Africa, Investment Benchmarking, Upstream Fiscal
Attractiveness, July 2010 20
Table 6: North Africa, Investment
Benchmarking, Gas Sector Performance, July 2010 21
Table 7: North Africa,
Investment Benchmarking, Economic Performance, July 2010 25
Table 8: North
Africa, Country Standings, Economic Performance, July 2010 25
Table 9:
North Africa, Investment Benchmarking, Socio-Political Performance, July 2010
27
Table 10: North Africa, Country Standings, Socio-Political Performance,
July 2010 27
Table 11: Libya, Natural Gas Key Statistics, 2009 29
Table 12: Libya, Total Marketed Natural Gas Production (MMcf), 2002-2009
30
Table 13: Libya, Marketed Natural Gas Production (MMcf), by Assets,
2002- 2009 30
Table 14: Libya, Marketed Equity Weighted Natural Gas
Production by Company (MMcf), 2002- 2009 31
Table 15: Libya, Market Share
(%) based on Marketed Equity Weighted Natural Gas Production, 2002-2009 32
Table 16: Libya, Marketed Natural Gas Production (MMcf), Forecast by Major
Assets, 2010- 2015 33
Table 17: Libya, Active Gas Field Asset Details
33
Table 18: Libya, Number of Gas Discoveries, 2004- 2009 33
Table 19:
Libya, Gas Discovery Details, 2004-2009 35
Table 20: Libya, Pipeline Key
Statistics, 2009 40
Table 21: Libya, Natural Gas Pipeline Length by
Company (Km), 2009 40
Table 22: Libya, Natural Gas Pipelines, 2009 41
Table 23: Libya, Natural Gas Pipelines, 2009 (Contd.1) 42
Table 24:
Libya, LNG Key Statistics, 2009 43
Table 25: Libya Total Liquefaction
Capacity (Million Tonnes), 2000-2015 43
Table 26: Libya, Liquefaction
Capacity by Company (Million Tonnes), 2000-2015 44
Table 27: Libya,
Liquefaction Capacity (Million Tonnes), 2000-2015 44
Table 28: Eni
S.p.A., Key Facts 45
Table 29: Eni S.p.A., SWOT Analysis 53
Table
30: TOTAL S.A., Key Facts 58
Table 31: TOTAL S.A., SWOT Analysis
63
Table 32: Repsol YPF, S.A., Key Facts 68
Table 33: Repsol
YPF, S.A., SWOT Analysis 74
Table 34: Eni To Form A Joint Venture With
National Oil 79
Table 35: Galp Energia Enters Into Partnership With Libya
Africa Investment 80
Table 36: Petro-Canada And Libyan National Oil Sign
New EPSA Contracts 81
Table 37: National Oil Sign Exploration And
Production Sharing Agreement With Sonatrach, Oil India And Indian Oil 82
Table 38: Gazprom And National Oil Corporation To Form A Joint Venture 83
Table 39: PGNiG Signs An Agreement With National Oil Corporation 84
Table
40: Indian Oil And Oil India Forms Joint Venture With Sonatrach 85
Table
41: Mobil Signs An Agreement With National Oil 86
Table 42: BP And LIC
Signs Agreement With National Oil Corporation 87
Table 43: Oil Corporation
And Dow Chemical Form Joint Venture 88
Table 44: ONGC Videsh Signs An
Agreement With National Oil Corporation of Libya 89
Table 45: Nippon Oil
Exploration Concludes Exploration And Production Sharing Agreement With
National Oil 90
Table 46: Bay Holdings Acquires Oil And Gas Leases And
Refinery Licenses In Libya 91
Table 47: Woodside Petroleum Plans To Sell
Its Onshore Assets In Libya 92
Table 48: India To Acquire Oil Producing
Blocks 93
Table 49: Gazprom To Acquire Stake In Libyan License NC-174
94
Table 50: Suez SA To Acquire 20% Stake In Production License From
Hellenic 95
Table 51: Oil India, Sonatrach, Indian Oil And National Oil To
Acquire 4 Blocks In Libya 96
Figure 1: Libya, Energy Sector
Split By Fuel Type, 2009 10
Figure 2: Libya, Natural Gas Production And
Consumption (Billion Cubic Feet), 1996-2020 13
Figure 3: Libya, Natural
Gas Export (Billion Cubic Feet), 1996-2020 15
Figure 4: Libya, Natural Gas
Reserves (Billion Cubic Feet), 1996-2009 17
Figure 5: North Africa,
Country Standings, Upstream Fiscal Attractiveness, July 2010 20
Figure 6:
North Africa, Country Standings, Gas Sector Performance, by
Reserves-Exploration & Production, July 2010 22
Figure 7: North Africa,
Country Standings, Gas Sector Performance, by Production & Consumption, July
2010 23
Figure 8: North Africa, Country Standings, Exploration Blocks
Awarded, July 2010 24
Figure 9: North Africa, Country Standings, Economic
Performance, July 2010 26
Figure 10: North Africa, Country Standings,
Socio-Political Performance, July 2010 28
Figure 11: Libya, Natural Gas
Assets Map, 2009 29
Figure 12: Libya, Total Marketed Natural Gas
Production (MMcf), 2002-2009 30
Figure 13: Libya, Marketed Equity Weighted
Natural Gas Production (MMcf), by Company, 2002-2009 31
Figure 14: Libya,
Market Share (%) based on Marketed Equity Weighted Natural Gas Production,
2009 32
Figure 15: Libya, Number of Gas Discoveries, 2004- 2009 34
Figure 16: Libya, Natural Gas Pipeline Length by Company (Km), 2009 41
Figure 17: Libya, Total Liquefaction Capacity (Million Tonnes), 2000-2015
43
