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Syria Oil Markets, 2011

Publisher Name » GlobalData
Published Date » 2011-09-12
No. Of Pages » 91

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 Syria. 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 crude oil assets (oil fields, refineries, pipelines and storage terminals) in Syria. The report compares the investment environment in Syria with other countries in the region. The profiles of the major companies operating in the crude oil sector in Syria 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 2000-2020.
  • Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in Syria for the period 2000-2015.
  • Operator and equity details for major crude oil assets in Syria.
  • Key information relating to market regulations, key energy assets and the key companies operating in the Syrias energy industry.
  • Information on the top companies in the Syria 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 countrys 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 competitors major crude oil assets and their performance.
  • Analyze the latest news and financial deals in the oil 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 Content

1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 9

2 Syria Energy Sector 10
2.1 Syria Energy Sector, Market Overview 10
2.2 Syria Energy Sector, Crude Oil 10
2.2.1 Syria Crude Oil, Overview 10
2.2.2 Syria Crude Oil, Supply and Demand Balance 11
2.2.3 Syria Crude Oil, Regulatory Structure 16
2.2.4 Syria Crude Oil, Infrastructure 16

3 Syria Oil Upstream Investment Environment Benchmarking 18
3.1 Introduction 18
3.2 The Overall Ranking 18
3.3 Upstream Fiscal Attractiveness 18
3.4 Oil Sector Performance 19
3.4.1 Exploration Activity 21
3.4.2 Oil Production 22
3.4.3 Oil Reserves 22
3.4.4 Oil Consumption 22
3.4.5 Refining Industry 23
3.5 Economic Performance 23
3.5.1 GDP Growth Index 25
3.5.2 FDI Confidence Index 25
3.5.3 Balance of Trade Index 25
3.6 Socio-Political Performance 25
3.6.1 Democracy Index 27
3.6.2 Governance Index 27

4 Syria Exploration and Production Sector 28
4.1 Syria Exploration and Production Sector, Country Snapshot 28
4.1.1 Syria Exploration and Production Sector, Key Data 28
4.1.2 Syria Exploration and Production Sector, Crude Oil Assets Map 28
4.2 Syria Exploration and Production Sector, Gross Crude Oil Production 29
4.2.1 Syria Exploration and Production Sector, Total Gross Crude Oil Production 29
4.2.2 Syria Exploration and Production Sector, Gross Crude Oil Production by Type 30
4.2.3 Syria Exploration and Production Sector, Gross Crude Oil Production by Assets 31
4.2.4 Syria Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 31
4.2.5 Syria Exploration and Production Sector, Market Share Based on Gross Equity Weighted Crude Oil Production 32
4.3 Syria Exploration and Production Sector, Gross Crude Oil Forecasts 33
4.3.1 Syria Exploration and Production Sector, Gross Crude Oil Forecasted Production 33
4.4 Syria Exploration And Production Sector, Crude Oil Asset Details 34
4.4.1 Syria Exploration And Production Sector, Active Crude Oil Asset Details 34
4.4.2 Syria Exploration And Production Sector, Planned Crude Oil Asset Details 34
4.5 Syria Exploration And Production Sector, Major Oil Discoveries 35
4.5.1 Syria Exploration And Production Sector, Number of Oil Discoveries, 2005-2010 35
4.5.2 Syria Exploration And Production Sector, Oil Discovery Details 36
4.6 Syria Exploration And Production Sector, Recent Discoveries 36
4.6.1 Jun 02, 2011: Gulfsands Petroleum Finds Hydrocarbons At AGZ-1 Exploration Well In Syria 36
4.6.2 Mar 05, 2010: ONGC, IPR Announce Oil Field Discovery In Syria 37
4.6.3 Jan 21, 2010: Gulfsands Petroleum's KHE-14 Delineation Well Intersects Oil Column And Flows Oil To Surface 38
4.7 Syria Exploration And Production Sector, Drilling and Production Updates 38
4.7.1 Jul 25, 2011: Agri Energy Spuds Itheria-1 Well On Block 9 In Syria 38
4.7.2 Jun 08, 2011: Kulczyk Oil To Commence Syria Drilling Program In Early 3Q 2011 39
4.7.3 Dec 22, 2010: Al Bou Kamal Produces 10,000 Tons Of Crude Oil From South Kishma Oil Field In Syria 39
4.7.4 May 05, 2010: INA Initiates Drilling Activities On Aphamia Exploration Block In Syria 40

5 Syria Pipeline Sector 41
5.1 Syria Pipeline Sector, Key Data 41
5.2 Syria Pipeline Sector, An Overview 41
5.3 Syria Pipeline Sector, Key Crude Oil Pipeline Companies 41
5.4 Syria Pipeline Sector, Key Petroleum Product Pipeline Companies 42
5.5 Syria Pipeline Sector, Crude Oil Pipelines 42
5.6 Syria Pipeline Sector, Petroleum Product Pipelines 43

6 Syria Refining Sector 44
6.1 Syria Refining Sector, Key Data 44
6.2 Syria Refining Sector, An Overview 44
6.2.1 Syria Refining Sector, Total Refining Capacity 44
6.3 Syria Refining Sector, Market Shares by Company 45
6.4 Syria Refining Sector, Crude Distillation Unit Capacity 46
6.5 Syria Refining Sector, Coking Capacity 47
6.6 Syria Refining Sector, Hydrocracking Capacity 47

7 Syria Oil and Chemicals Storage Sector 48
7.1 Syria Oil and Chemicals Storage Sector, Key Data 48
7.2 Syria Oil and Chemicals Storage Sector, An Overview 48
7.2.1 Syria Oil and Chemicals Storage Sector, Total Storage Capacity 48
7.3 Syria Oil and Chemicals Storage Sector, Capacity- Wise Market Share by Company 49
7.3.1 Syria Oil and Chemicals Storage Sector, Storage Capacity 50

8 Profile of Royal Dutch Shell plc 51
8.1 Royal Dutch Shell plc, Key Information 51
8.2 Royal Dutch Shell plc, Company Overview 51
8.3 Royal Dutch Shell plc, Business Description 51
8.3.1 Business Overview 51
8.3.2 Corporate 52
8.3.3 Downstream 53
8.3.4 Upstream 54
8.4 Royal Dutch Shell plc, SWOT Analysis 55
8.4.1 Overview 55
8.4.2 Royal Dutch Shell plc Strengths 55
8.4.3 Royal Dutch Shell plc Weaknesses 56
8.4.4 Royal Dutch Shell plc Opportunities 57
8.4.5 Royal Dutch Shell plc Threats 58

9 Profile Of Petro-Canada 60
9.1 Petro-Canada, Key Information 60
9.2 Petro-Canada, Company Overview 60
9.3 Petro-Canada, Business Description 60
9.3.1 Business Overview 60
9.3.2 Downstream 61
9.3.3 International 61
9.3.4 North American Natural Gas 63
9.3.5 Oil Sands 64
9.4 Petro-Canada, SWOT Analysis 64
9.4.1 Overview 64
9.4.2 Petro-Canada Strengths 65
9.4.3 Petro-Canada Weaknesses 66
9.4.4 Petro-Canada Opportunities 66
9.4.5 Petro-Canada Threats 67

10 Profile Of Emerald Energy Plc 68
10.1 Emerald Energy, Plc Key Information 68
10.2 Emerald Energy Plc, Company Overview 68
10.3 Emerald Energy Plc, Business Description 68
10.3.1 Business Overview 68
10.3.2 Exploration and Production 69
10.4 Emerald Energy Plc, SWOT Analysis 70
10.4.1 Overview 70
10.4.2 Emerald Energy Plc Strengths 71
10.4.3 Emerald Energy Plc Weaknesses 72
10.4.4 Emerald Energy Plc Opportunities 72
10.4.5 Emerald Energy Plc Threats 73

11 Financial Deals Landscape 74
11.1 Detailed Deal Summary 74
11.1.1 Acquisition 74
11.1.2 Equity Offerings 77
11.1.3 Asset Transactions 79

12 Recent Developments 80
12.1 License Rounds 80
12.1.1 Mar 13, 2011: Syria Plans To Tender Three Offshore Exploration Blocks In March 2011 80
12.1.2 Dec 26, 2010: Syria To Auction Four Offshore Oil Exploration Blocks In January 2011 80
12.1.3 Dec 14, 2010: Syria To Award Eight Onshore Blocks Within Two Months 80
12.1.4 Mar 31, 2010: Syria Launches International Bid Round 2010 For Eight Onshore Blocks 81
12.2 License Awards 81
12.2.1 Jan 26, 2010: Gulfsands Petroleum Receives Approval To Develop Yousefieh Oil Field In Syria 81
12.2.2 Dec 01, 2009: TatNeft Receives Approval To Develop South Kishma Oil Field In Syria 82
12.3 Strategy and Business Expansion 82
12.3.1 Nov 15, 2009: Hayan Opens Oil And Gas Processing Plant In Syria 82
12.3.2 Aug 20, 2009: SIPC Opens New Branch In Syria 82
12.4 Other Significant Developments 83
12.4.1 Aug 08, 2011: Gulfsands Petroleum Provides Syria Operational Update 83
12.4.2 May 12, 2011: Gulfsands Petroleum Provides Syrian Operations Update 84
12.4.3 Mar 21, 2011: Substantial Prospective Resource Identified On Syria Block 9: Kulczyk Oil 85
12.4.4 Feb 09, 2011: Gulfsands Petroleum Updates On Twaiba-1 Exploration Well In Syria 87
12.4.5 Feb 02, 2011: Gulfsands Petroleum Provides Syrian Operations Update 87

13 Appendix 89
13.1 Abbreviations 89
13.2 Methodology 89
13.2.1 Coverage 89
13.2.2 Secondary Research 90
13.2.3 Primary Research 90
13.2.4 Expert Panel Validation 90
13.3 Contact Us 91
13.4 Disclaimer 91

List of Tables


Table 1: Syria, Historic and Forecast Production and Consumption of Crude Oil, Thousand Barrels Per Day, 2000-2020 11
Table 2: Syria, Historic and Forecast Export of Crude Oil, Thousand Barrels per Day, 2000-2020 13
Table 3: Syria, Historic and Forecast Reserves of Crude Oil, Million Barrels, 2000-2010 15
Table 4: Middle East, Investment Benchmarking, Overall Country Rankings, Aug 2011 18
Table 5: Middle East, Investment Benchmarking, Oil Sector Performance, Aug 2011 20
Table 6: Middle East, Investment Benchmarking, Economic Performance, Aug 2011 23
Table 7: Middle East, Country Standings, Economic Performance, Aug 2011 24
Table 8: Middle East, Investment Benchmarking, Socio-Political Performance, Aug 2011 25
Table 9: Middle East, Country Standings, Socio-Political Performance, Aug 2011 26
Table 10: Syria, Crude Oil Key Statistics, 2010 28
Table 11: Syria, Total Gross Crude Oil Production (MMBBLs), 2003- 2010 29
Table 12: Syria, Total Gross Crude Oil Production (MMBBLs) by Type, 2003-2010 30
Table 13: Syria, Gross Crude Oil Production (MMBBLs), by Assets, 2003-2010 31
Table 14: Syria, Gross Equity Weighted Crude Oil Production (MMBBLs) by Company, 2003-2010 31
Table 15: Syria, Market Share (%) of Key Companies based on Gross Equity Weighted Crude Oil Production, 2003-2010 32
Table 16: Syria, Gross Crude Oil Production (MMBBLs), Forecast by Assets, 2011- 2015 33
Table 17: Syria, Active Oil Field Assets Details 34
Table 18: Syria, Planned Oil Field Assets Details 34
Table 19: Syria, Number of Oil Discoveries, 2005-2010 35
Table 20: Syria, Oil Discovery Details, 2005-2010 36
Table 21: Syria, Pipeline Key Statistics, Aug 2011 41
Table 22: Syria, Crude Oil Pipeline Length by Company (Km), Aug 2011 41
Table 23: Syria, Petroleum Product Pipeline Length by Company (Km), Aug 2011 42
Table 24: Syria, Crude Oil Pipelines, Aug 2011 42
Table 25: Syria, Petroleum Products Pipelines, Aug 2011 43
Table 26: Syria, Refinery Key Statistics, Aug 2011 44
Table 27: Syria, Total Refining Capacity (MMTPA), 2000- 2015 44
Table 28: Syria, Refining Capacity by Company (MMTPA), 2000- 2015 45
Table 29: Syria, Crude Distillation Unit Capacity (MMTPA), 2000-2015 46
Table 30: Syria, Coking Unit Capacity (MMTPA), 2000-2015 47
Table 31: Syria, Hydrocracking Unit Capacity (MMTPA), 2000-2015 47
Table 32: Syria, Oil and Chemicals Storage Key Statistics, Aug 2011 48
Table 33: Syria, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2015 48
Table 34: Syria, Oil and Chemicals Storage Capacity by Company (Thousand M3), 2000-2015 49
Table 35: Syria, Oil and Chemicals Storage Capacity (Thousand M3), 2000-2015 50
Table 36: Royal Dutch Shell plc, Key Facts 51
Table 37: Royal Dutch Shell plc, SWOT Analysis 55
Table 38: Petro-Canada, Key Facts 60
Table 39: Petro-Canada, SWOT Analysis 65
Table 40: Emerald Energy Plc, Key Facts 68
Table 41: Emerald Energy Plc, SWOT Analysis 71
Table 42: Agri Energy Acquires Triton Petroleum 74
Table 43: CNPC Acquires 35% Interest In Syria Shell Petroleum Development From Royal Dutch Shell 75
Table 44: Sinochem Acquires Emerald Energy 76
Table 45: DualEx Energy International Completes Public Offering Of $5.48 Million 77
Table 46: MENA Hydrocarbons To Acquire 30% Interest In Syria Block 9 From Loon Latakia 79

List of Figures


Figure 1: Syria, Energy Consumption Split By Fuel Type (%), 2010 10
Figure 2: Syria, Crude Oil Production And Consumption, Thousand Barrels Per Day, 2000-2020 12
Figure 3: Syria, Crude Oil Exports and Imports, Thousand Barrels Per Day, 2000-2020 14
Figure 4: Syria, Crude Oil Reserves, Million Barrels, 2000-2010 16
Figure 5: Middle East, Country Standings, Oil Sector Performance, by Reserves-Exploration & Production, Aug 2011 20
Figure 6: Middle East, Country Standings, Oil Sector Performance, by Production-Consumption & Refining, Aug 2011 21
Figure 7: Middle East, Country Standings, Number of Exploration Blocks Awarded, Aug 2011 22
Figure 8: Middle East, Country Standings, Economic Performance, Aug 2011 24
Figure 9: Middle East, Country Standings, Socio-Political Performance, Aug 2011 26
Figure 10: Syria, Crude Oil Assets Map, Aug 2011 28
Figure 11: Syria, Total Gross Crude Oil Production (MMBBLs), 2003-2010 29
Figure 12: Syria, Gross Crude Oil Production (MMBBLs) by Type, 2003-2010 30
Figure 13: Syria, Gross Equity Weighted Crude Oil Production by Key Companies (MMBBLs), 2003-2010 32
Figure 14: Syria, Market Share (%) of Key Companies based on Gross Equity Weighted Crude Oil Production, 2010 33
Figure 15: Syria, Number of Oil Discoveries, 2005-2010 35
Figure 16: Syria, Total Refining Capacity (MMTPA), 2000- 2015 45
Figure 17: Syria, Refining Capacity-Wise Market Share (%) By Company, 2010 46
Figure 18: Syria, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2015 49

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