[Report] Republic of Congo Oil and Gas Markets Investment Opportunities Analysis and Forecasts to 2020 TOC

1 Table of Contents 2
1.1 List of Tables 8
1.2 List of Figures 10
2 Introduction 11
2.1 What Is This Report About? 11
2.2 How To Use This Report 12
2.3 Market Definition 12
3 Republic Of Congo Energy Sector 14
3.1 Republic of Congo Energy Sector, Market Overview 14
3.2 Republic of Congo Energy Sector, Crude Oil 15
3.2.1 Republic of Congo Crude Oil, Overview 15
3.2.2 Republic of Congo Crude Oil, Supply and Demand Balance 15
3.2.3 Republic of Congo Crude Oil, Regulatory Structure 21
3.2.4 Republic of Congo Crude Oil, Infrastructure 22
3.3 Republic of Congo Energy Sector, Natural Gas 22
3.3.1 Republic of Congo Natural Gas, Overview 22
3.4 Republic of Congo Energy Sector, Coal 22
3.4.1 Republic of Congo Coal, Overview 22
3.5 Republic of Congo Energy Sector, Electricity 22
3.5.1 Republic of Congo Electricity, Overview 22
3.5.2 Republic of Congo Electricity, Supply and Demand Balance 24
3.5.3 Republic of Congo Electricity, Regulatory Structure 30
3.5.4 Republic of Congo Electricity, Infrastructure 30
4 Republic Of Congo Fiscal Regime 31
4.1 Republic of the Congo Petroleum Fiscal Environment 31
4.2 License Terms 31
4.3 Key Fiscal Terms 32
4.4 Sample Cashflows Calculations 34
5 Congo, Republic of Upstream Investment Environment Benchmarking 35
5.1 Introduction 35
5.2 The Overall Ranking 35
5.3 Upstream Fiscal Attractiveness 35
5.3.1 Maximum Government Take Index 37
5.3.2 Fiscal Flexibility 37
5.3.3 Maximum State Participation 37
5.3.4 Maximum Domestic Market Obligation 38
5.4 Oil and Gas Sector Performance 38
5.4.1 Exploration Activity 40
5.4.2 Oil and Gas Production 41
5.4.3 Oil and Gas Reserves 41
5.4.4 Consumption 42
5.4.5 Refining Industry 42
5.5 Economic Performance 42
5.5.1 GDP Growth Index 44
5.5.2 FDI Confidence Index 44
5.5.3 Balance of Trade Index 44
5.6 Socio-Political Performance 44
5.6.1 Democracy Index 46
5.6.2 Governance Index 46
6 Republic Of Congo Exploration And Production Sector 47
6.1 Republic Of The Congo, Country Snapshot 47
6.1.1 Republic of the Congo, Key Data 47
6.1.2 Republic of the Congo, Exploration And Production Assets Map 48
6.1.3 Republic of the Congo, Crude Oil & Natural Gas Reserves 49
6.2 Republic of the Congo, Crude Oil And Natural Gas Production 51
6.2.1 Republic of the Congo, Historical Crude Oil Production 51
6.2.2 Republic of the Congo, Crude Oil And Natural Gas Producing Asset Details 52
6.2.3 Republic of the Congo, Crude Oil Production Assets by Area 53
6.2.4 Republic of the Congo, Planned Production Assets Details 54
6.2.5 Republic of the Congo, Crude Oil Production by Company 55
6.3 Republic of the Congo, Crude Oil And Natural Gas Forecasts 55
6.3.1 Republic of the Congo, Forecasted Crude Oil Production 55
6.4 Republic of the Congo, Exploration Block Details 56
6.4.1 Republic of the Congo, Total Number of Active Exploration Blocks 56
6.4.2 Republic of the Congo, Total Number of Active Exploration Blocks by Company 57
6.4.3 Republic of the Congo, Exploration Blocks Details 57
7 Republic Of Congo Refining Sector 59
7.1 Republic Of Congo Refining Sector, Overview 59
7.2 Republic Of Congo Refining Sector, Crude Distillation Unit Capacity 59
7.3 Republic Of Congo Refining Sector, Hydrocracking Capacity 59
8 Republic Of Congo Pipeline Sector 60
8.1 Republic Of Congo Pipeline Sector, Overview 60
8.2 Republic Of Congo Pipeline Sector, Crude Oil Pipelines 60
9 Eni S.p.A. 61
9.1 Eni S.p.A, Key Information 61
9.2 Eni S.p.A, Company Overview 61
9.3 Eni S.p.A, Business Description 61
9.3.1 Eni S.p.A, Business Description, Business Overview 61
9.3.2 Eni S.p.A, Business Description, Engineering and Construction 61
9.3.3 Eni S.p.A, Business Description, Exploration & Production 62
9.3.4 Eni S.p.A, Business Description, Gas & Power 64
9.3.5 Eni S.p.A, Business Description, Others 65
9.3.6 Eni S.p.A, Business Description, Petrochemicals 65
9.3.7 Eni S.p.A, Business Description, Refining and Marketing 66
9.3.8 Eni S.p.A, Business Description, Major Products and Services 67
9.4 Eni S.p.A, VALUE CHAIN ANALYSIS 69
9.4.1 Eni S.p.A, VALUE CHAIN ANALYSIS, Upstream 69
9.4.2 Eni S.p.A, VALUE CHAIN ANALYSIS, Midstream 70
9.4.3 Eni S.p.A, VALUE CHAIN ANALYSIS, Downstream 71
9.4.4 Eni S.p.A, VALUE CHAIN ANALYSIS, Retail 71
9.5 Eni S.p.A, SWOT Analysis 72
9.5.1 Eni S.p.A, SWOT Analysis, Overview 72
9.5.2 Eni S.p.A, SWOT Analysis, Strengths 73
9.5.3 Eni S.p.A, SWOT Analysis, Weaknesses 74
9.5.4 Eni S.p.A, SWOT Analysis, Opportunities 75
9.5.5 Eni S.p.A, SWOT Analysis, Threats 76
9.6 Eni S.p.A, Revenue Analysis 78
9.6.1 Eni S.p.A, Revenue Analysis, Revenue by Segment 78
9.6.2 Eni S.p.A, Revenue Analysis, Revenue by Geography 79
9.7 Eni S.p.A, Financial and Operational Review 80
9.7.1 Eni S.p.A, Financial and Operational Review, Financial Statements 80
9.7.2 Eni S.p.A, Financial and Operational Review, Financial Ratios 81
9.8 Eni S.p.A, Operational Indicators 82
10 TOTAL S.A. 83
10.1 TOTAL S.A, Key Information 83
10.2 TOTAL S.A, Company Overview 83
10.3 TOTAL S.A, Business Description 83
10.4 TOTAL S.A, Business Description, Business Overview 83
10.4.1 TOTAL S.A, Business Description, Chemicals 83
10.4.2 TOTAL S.A, Business Description, Downstream 84
10.4.3 TOTAL S.A, Business Description, Upstream 85
10.4.4 TOTAL S.A, Business Description, Major Products and Services 87
10.5 TOTAL S.A, VALUE CHAIN ANALYSIS 89
10.5.1 TOTAL S.A, VALUE CHAIN ANALYSIS, Upstream 89
10.5.2 TOTAL S.A, VALUE CHAIN ANALYSIS, Midstream 90
10.5.3 TOTAL S.A, VALUE CHAIN ANALYSIS, Downstream 90
10.5.4 TOTAL S.A, VALUE CHAIN ANALYSIS, Retail 91
10.6 TOTAL S.A, SWOT Analysis 92
10.6.1 TOTAL S.A, SWOT Analysis, Overview 92
10.6.2 TOTAL S.A, SWOT Analysis, Strengths 92
10.6.3 TOTAL S.A, SWOT Analysis, Weaknesses 93
10.6.4 TOTAL S.A, SWOT Analysis, Opportunities 93
10.6.5 TOTAL S.A, SWOT Analysis, Threats 94
10.7 TOTAL S.A, Revenue Analysis 95
10.7.1 TOTAL S.A, Revenue Analysis, Revenue by Segment 95
10.7.2 TOTAL S.A, Revenue Analysis, Revenue by Geography 96
10.8 TOTAL S.A, Financial and Operational Review 97
10.8.1 TOTAL S.A, Financial and Operational Review, Financial Statements 97
10.8.2 TOTAL S.A, Financial and Operational Review, Financial Ratios 98
10.9 TOTAL S.A, Operational Indicators 99
11 Financial Deals Landscape 101
11.1 Asset Transactions 101
11.1.1 PA Resources Acquires Assets From Murphy West Africa 101
12 Recent Developments 103
12.1 Feb 14, 2008: Congo To Expand Capacity At Coraf Oil Refinery 103
12.2 Jan 02, 2008: Mittal Approaches HPCL To Set Up Refineries In Congo And Nigeria 103
12.3 Aug 08, 2007: Eni Completes Drilling Activities At Cassiopee Est Marine -1 Well 103
12.4 Apr 14, 2007: Eni Signs Exploration Agreement In Congo 104
12.5 Apr 05, 2007: Chevron Announces Two Discoveries In Congo 104
12.6 Apr 02, 2007: Total Announces Two New Oil Discoveries In Congo 104
12.7 Feb 14, 2007: Eni Enters Co-operation Agreement With ONGC 105
12.8 Sep 06, 2006: SOCO Enters Marine XI Farm-out Agreement 105
12.9 Aug 01, 2006: SOCO Updates On Operations In Vietnam, Congo 106
12.10 Jul 19, 2006: SOCO Enters Production Sharing Contract 106
13 Appendix 107
13.1 Methodology 107
13.1.1 Coverage 107
13.1.2 Secondary Research 108
13.1.3 Primary Research 108
13.1.4 Forecasts 109
13.1.5 Expert Panel Validation 111
13.2 Definitions 112
13.3 Unit Of Measure 112
13.4 About Global Markets Direct 113
13.5 Contact Us 113
13.6 Disclaimer 113
1.1 List of Tables
Table 1: Republic of Congo , Historical and Forecasted Production and Consumption of Crude Oil, 1996-2020 16
Table 2: Republic of Congo , Historical and Forecasted Imports of Crude Oil And Exports, 1996-2020 18
Table 3: Republic of Congo , Historical and Forecasted Reserves of Crude Oil, 1996-2020 20
Table 4: Republic of Congo , Historical and Forecasted Electricity Generation Capacity, 1996-2020 25
Table 5: Republic of Congo , Historical and Forecasted Generation and Consumption of Electricity, 1996-2020 27
Table 6: Republic of Congo, Historical and Forecasted Imports of Electricity, 1996-2020 29
Table 7: West Africa, Investment Benchmarking, Overall Country Rankings, April 2008 35
Table 8: West Africa, Investment Benchmarking, Upstream Fiscal Attractiveness, April 2008 36
Table 9: West Africa, Investment Benchmarking, Oil and Gas Sector Performance, April 2008 38
Table 10: West Africa, Investment Benchmarking, Economic Performance, April 2008 43
Table 11: West Africa, Investment Benchmarking, Socio-Political Performance, April 2008 45
Table 12: Republic of the Congo, Oil and Gas, Key Statistics, April 2008 47
Table 13: Republic of the Congo, Total Crude Oil and Natural Gas Reserves, 2000-2012 50
Table 14: Republic of the Congo, Total Crude Oil Production (MMBBLs), 2000-2007 51
Table 15: Republic of the Congo, Oil and Gas Asset Details, April 2008 52
Table 16: Republic of the Congo, Oil and Gas Asset Details, April 2008 (Cont' d) 53
Table 17: Republic of the Congo Offshore, Total Crude Oil Production (Barrels), by Assets, 2000-2007 53
Table 18: Republic of the Congo Offshore, Total Crude Oil Production (Barrels), by Assets, 2000-2007 (Cont' d) 54
Table 19: Republic of the Congo Onshore, Total Crude Oil Production (Barrels), by Assets, 2000-2007 54
Table 20: Republic of the Congo, Oil and Gas Planned Asset Details, April 2008 54
Table 21: Republic of the Congo, Total Crude Oil Production (MMBBLs), by Company, 2000-2007 55
Table 22: Republic of the Congo, Total Crude Oil Production (MMBBLs), Forecast, 2008-2013 55
Table 23: Republic of the Congo, Total Number of Active Exploration Blocks, 2000-2007 56
Table 24: Republic of the Congo, Total Number of Active Exploration Blocks By Company, 2000-2007 57
Table 25: Republic of the Congo, Oil and Gas Exploration Blocks Details, April 2008 58
Table 26: Republic Of The Congo, Middle East And Africa, Crude Distillation Unit Capacity (MMTPA), 2000-2012 59
Table 27: Republic Of The Congo, Middle East And Africa, Hydrocracking Unit Capacity (MMTPA), 2000-2012 59
Table 28: Republic Of The Congo, Crude Oil Pipelines, 2007 60
Table 29: Eni S.p.A.,Key Facts, 2007 61
Table 30: Eni S.p.A., SWOT Analysis , 2007 73
Table 31: Eni S.p.A., Revenue by Segment, Euro Million, 2003-2007 79
Table 32: Eni S.p.A., Revenue by Geography, Euro Million, 2003-2007 80
Table 33: Eni S.p.A., Financial Statements, Euro Million, 2003-2007 80
Table 34: Eni S.p.A., Financial Ratios, Euro Million, 2003-2007 81
Table 35: Eni S.p.A. Operational Indicators, 2003-2007 82
Table 36: TOTAL S.A.,Key Facts, 2007 83
Table 37: TOTAL S.A., SWOT Analysis , 2007 92
Table 38: TOTAL S.A., Revenue by Segment, Euro Million, 2003-2007 96
Table 39: TOTAL S.A., Revenue by Geography, Euro Million, 2003-2007 96
Table 40: TOTAL S.A., Financial Statements, Euro Million, 2003-2007 97
Table 41: TOTAL S.A., Financial Ratios, Euro Million, 2003-2007 98
Table 42: TOTAL S.A. Operational Indicators, 2003-2007 99
Table 43: TOTAL S.A. Operational Indicators, 2003-2007 100
Table 44: Brent Blend NYMEX Future Prices 111
1.2 List of Figures
Figure 1: Republic of the Congo, Energy Sector break-up, 2007 14
Figure 2: Republic Of Congo, Crude Oil Production And Consumption (Thousand Barrels Per Day), 1996-2020 17
Figure 3: Republic Of The Congo, Crude Oil Imports And Exports (Thousand Barrels Per Day), 1996-2020 19
Figure 4: Republic Of The Congo, Crude Oil Reserves (Million Barrels), 1996-2020 21
Figure 5: Republic of the Congo, Electricity Production by Fuel Type, 2007 23
Figure 6: Republic of the Congo, Electricity Consumption by End User, 2007 24
Figure 7: Republic Of The Congo, Electricity Generation Capacity (Megawatt), 1996-2020 26
Figure 8: Republic Of The Congo, Electricity Generation And Consumption (Billion Kilowatt Hours), 1996-2020 28
Figure 9: Republic Of The Congo, Electricity Imports (Billion Kilowatt Hours), 1996-2020 30
Figure 10: Republic Of The Congo, Upstream Oil & Gas Fiscal Regime (PSA), Sample Cashflows, 2005-2016 34
Figure 11: West Africa, Country Standings, Upstream Fiscal Attractiveness, April 2008 37
Figure 12: West Africa, Country Standings, Oil and Gas Sector Performance, April 2008 39
Figure 13: West Africa, Country Standings, Oil and Gas Sector Performance, April 2008 (Contd.) 40
Figure 14: West Africa, Country Standings, Number of Active Exploration Blocks Made Active, April 2008 41
Figure 15: West Africa, Country Standings, Economic Performance, April 2008 43
Figure 16: West Africa, Country Standings, Socio-Political Performance, April 2008 45
Figure 17: Republic Of The Congo, Exploration and Production Assets Map, April 2008 48
Figure 18: Republic of the Congo, Total Crude Oil and Natural Gas Reserves(MMBOE), 2000-2012 49
Figure 19: Republic of the Congo, Total Crude Oil Production (MMBBLs), 2000-2007 51
Figure 20: Republic of the Congo, Total Number of Active Exploration Blocks, 2000-2007 56
Figure 21: Eni S.p.A., Value Chain Analysis 69
Figure 22: TOTAL S.A., Value Chain Analysis 89
Figure 23: Global Markets Direct Methodology 107