Pakistan Oil & Gas Sector Profile.

Only available on StudyMode
  • Download(s) : 180
  • Published : April 2, 2011
Open Document
Text Preview
TM

(ISO-9001-2000 Certified)

Pakistan Oil and Gas Sector Profile

www.connexion.com.pk connect@connexion.com.pk
compiled by: Anwar Muhammad Khan Director

RED Wing
(Research & Develpement Wing)
47, Nishter Road, Lahore-54000, PAKISTAN. Tel. +92-42-7641058, Fax. +92-42-7653362

TM

INDEX World Market Overview
Upstream Oil……………………………………………………………………………...… 1 Gas…………………………………………………………………………………………....1 Downstream Oil……………………………………………………………………...…...... 1

Sector Content
Upstream……………………………………………………………………………………. 2 Downstream………………………………………………………………………………… 2 Sub Sector Trends…………………………………………………………………………. 2

Route to Market
Exploration……………………………………………………………………………….….. 4 Development……………………………………………………………………………….... 4 Operation………………………………………………………………………………….…. 4 Decommission………………………………………………………………………………. 4 Downstream…………………………………………………………………………………. 4 Business Opportunities…………………………………………………………………….. 4

Oil and Gas Market in Pakistan
Overview…………………………………………………………………………………….. 5

Characteristics of Market
Size of Market………………………………………………………………………………. 5 National Status……………………………………………………………………………… 7 Attractiveness for Development…………………………………....……………………… 7 Oil & Gas Sector Constraints / Geography…………………....……………………..…. 8

Trends in Oil / Gas Sector
Recent Exploration & Production…………………………………………………………. 9 Current Activity and Outlook………………………………………………………………. 9 Status of Refinery and Petrochemical Sector…………………………………..…....... 10

Supply Industry
Buyers……………………………………………………………………………………… 10 Suppliers…………………………………………………………………………………… 10 Doing a Business………………………………………………………………………….. 10

Opportunities
Policies & Incentives……………………………………………………………………… 11 National Development…………………………………………………………………….. 11

Contacts
Government Organization………………………………………………………………… 12 Oil Refineries………………………………………………………………………………. 13 Oil Distribution Companies………………………………………………………………. 14 Oil Pipe Line Operators…………………………………………………………………... 15 Gas Distribution & Pipe Line Operators………………………………………………... 15 LPG Operators…………………………………………………………………………….. 16 Oil & Gas Exploration Companies………………………………………………………. 17

www.connexion.com.pk

connect@connexion.com.pk

TM

World Market Overview
Upstream Oil
The upstream oil sector is an international market, with investment and operational decisions increasingly determined against world norms, heavily influenced by both the current world oil price and anticipated price for its impact on new field developments. The volatility of the oil price has led to changes in the structure of the oil sector, encompassing both the oil companies and their various contractors. In particular there has been consolidation both horizontally and vertically in the traditional contracting supply chain. In recent years the continued pressures on costs have encouraged sharing of responsibilities between the oil companies and their major contractors. Over 1998 / 1999 there was a severe reduction in oil price, especially when viewed in real terms. Increases in the oil price since the end of 1999 have improved the cash flow for oil companies and a stable recovery in activity is underway. Continued world economic growth, particularly assuming there are no major downturns in world regions (as in Russia and SE Asia in 1998 / 1999), will lead to increased demand for oil. With limitations on the spare production capacity available worldwide at present, increased world demand will certainly require increased development activity in both OPEC and non-OPEC countries. Thus it is expected that world investment in exploration and production facilities will rise. The level of activity in any one country is influenced generally by the expectation on oil price, and local conditions reflecting the country’s competitive position with respect to others. Local conditions generally, the attractiveness of the oil province geologically (indicated perhaps by recent discovery rates and size of discovered fields),...
tracking img