Research and Markets: United Kingdom Oil and Gas Report Q4 2011 - Production is set to rise

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/5dfbd6/united_kingdom_oil) has announced the addition of the "United Kingdom Oil and Gas Report Q4 2011" report to their offering.

BMI's United Kingdom Oil and Gas Report Q4 2011 provides industry professionals and strategists, corporate analysts, oil and gas associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on United Kingdom's oil and gas industry.

This latest United Kingdom Oil & Gas Report from BMI forecasts that the country will account for 12.84% of regional oil consumption by 2015, while accounting for 31.86% of supply. In Developed Europe, overall regional oil demand is expected to reach 12.71mn barrels per day (b/d) in 2011 and is set to reach 13.17mn b/d by 2015. Developed Europe regional oil production is forecast to be 3.83mn b/d in 2011, falling potentially to just 3.34mn b/d in 2015. Regional net imports are set to rise from an estimated 8.88mn b/d in 2011 to 9.83mn b/d by the end of the forecast period. Norway will remain the only major net exporter, with the UK a growing net importer.

The Developed Europe region is expected to consume 457bn cubic metres (bcm) of natural gas in 2011, with demand of 498bcm targeted for 2015, representing 9.0% growth. Production of an estimated 238cm in 2011 is set to rise to 248bcm in 2015, which implies net imports rising from the estimated 2011 level of 219bcm to some 250bcm by the end of the period.

Read more inside United Kingdom Oil and Gas Report Q4 2011

Companies Mentioned:

  • BG Group
  • BP
  • Centrica
  • Chevron
  • ConocoPhillips
  • DONG Energy
  • Idemitsu
  • IGas
  • Eni
  • EnQuest
  • ExxonMobil
  • Marathon Oil
  • Murphy Oil
  • Korea National Oil Corporation (KNOC)
  • Nexen
  • Petrofac
  • Petroplus
  • Petronas
  • Royal Dutch Shell
  • RWE Dea
  • Scottish & Southern Energy
  • Serica Energy
  • TAQA
  • Total
  • Valero Energy
  • Statoil

For more information visit http://www.researchandmarkets.com/research/5dfbd6/united_kingdom_oil

Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716