Peru Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020

Peru Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020

Summary

This profile is the essential source for top-level energy industry data and information. The report provides an overview of the oil industry in Peru. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for the industry. It also provides information relating to the oil assets (oil fields, refineries, pipelines and storage terminals) in Peru. The report also analyses the fiscal regime relevant to the oil assets in Peru and compares the investment environment in Peru with other countries in the region. The profiles of the major companies operating in the oil sector in Peru 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 the oil industry for the period 1995-2020.
- Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in Peru Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 for the period 1995-2020.
- Operator and equity details for major oil assets in Peru Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020
- Key information relating to market regulations, key energy assets and the key companies operating in the Peru Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020’s oil industry.
- Detailed information on key fiscal terms (such as rents, bonuses, royalty, cost recovery, profit oil, petroleum and corporate taxes) pertaining the geography is also provided. A sample calculation detailing how fiscal terms apply to a typical asset in the regime is included.
- Information on the top companies in the Peru Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 including business description, strategic analysis, and financial information. Key companies include Petroleo Brasileiro, Sonatrach and Repsol YPF.
- 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.
- Evaluate the attractiveness of the geography for oil investment in the light of government policies and the fiscal environment.
- Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
- Understand the geography’s policies and fiscal terms, and their impact on contractor’s profits from upstream oil assets.
- Assess your competitor’s 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.

1 Table of Contents 2
1.1 List of Tables 9
1.2 List of Figures 11
2 Peru Energy Sector 12
2.1 Peru Energy Sector, Market Overview 12
2.2 Peru Energy Sector, Crude Oil 13
2.2.1 Peru Crude Oil, Overview 13
2.2.2 Peru Crude Oil, Supply and Demand Balance 13
2.2.3 Peru Crude Oil, Regulatory Structure 20
2.2.4 Peru Crude Oil, Infrastructure 21
3 Peru Fiscal Environment 22
3.1 Peru Petroleum Fiscal Environment 22
3.2 License Terms 22
3.3 Key Fiscal Terms 24
3.4 Sample Cashflows Calculations 26
4 Peru Oil Upstream Investment Environment Benchmarking 27
4.1 Introduction 27
4.2 The Overall Ranking 27
4.3 Upstream Fiscal Attractiveness 28
4.3.1 Maximum Government Take Index 29
4.3.2 Maximum State Participation Index 29
4.3.3 Domestic Market Obligation Index 29
4.4 Oil Sector Performance 30
4.4.1 Exploration Activity 32
4.4.2 Oil Production 33
4.4.3 Oil Reserves 33
4.4.4 Oil Consumption 34
4.4.5 Refining Industry 34
4.5 Economic Performance 34
4.5.1 GDP Growth Index 36
4.5.2 FDI Confidence Index 36
4.5.3 Balance of Trade Index 37
4.6 Socio-Political Performance 37
4.6.1 Democracy Index 39
4.6.2 Governance Index 39
5 Peru Exploration and Production Sector 40
5.1 Peru Exploration and Production Sector, Country Snapshot 40
5.1.1 Peru Exploration and Production Sector, Key Data 40
5.1.2 Peru Exploration and Production Sector, Crude Oil Assets Map 40
5.2 Peru Exploration and Production Sector, Gross Crude Oil Production 41
5.2.1 Peru Exploration and Production Sector, Gross Crude Oil-Historical Production 41
5.2.2 Peru Exploration and Production Sector, Gross Crude Oil Production by Assets 42
5.2.3 Peru Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 45
5.2.4 Peru Exploration and Production Sector, Market Share (%) based on Gross Equity Weighted Crude Oil Production 46
5.3 Peru Exploration and Production Sector, Gross Crude Oil Forecasts 48
5.3.1 Peru Exploration and Production Sector, Gross Crude Oil Forecasted Production 48
5.3.2 Peru Exploration and Production Sector, Gross Revenue Forecast 50
5.3.3 Peru Exploration and Production Sector, Government Take Forecast 52
5.3.4 Peru Exploration and Production Sector, Contractor Take Forecast 54
5.4 Peru Exploration And Production Sector, Crude Oil Asset Details 56
5.4.1 Peru Exploration And Production Sector, Active Crude Oil Asset Details 56
6 Peru Pipeline Sector 57
6.1 Peru Pipeline Sector, Key Data 57
6.2 Peru Pipeline Sector, An Overview 57
6.3 Peru Pipeline Sector, Comparision of Key Crude Oil Pipeline Companies 57
6.4 Peru Pipeline Sector, Comparision of Key Petroleum Product Pipeline Companies 58
6.5 Peru Pipeline Sector, Crude Oil Pipelines 59
6.6 Peru Pipeline Sector, Petroleum Product Pipelines 59
7 Peru Refining Sector 60
7.1 Peru Refining Sector, Key Data 60
7.2 Peru Refining Sector, An Overview 60
7.2.1 Peru Refining Sector, Total Refining Capacity 60
7.3 Peru Refining Sector, Capacity- Wise Market Share by Company 61
7.4 Peru Refining Sector, Crude Distillation Unit Capacity 63
7.5 Peru Refining Sector, Coking Capacity 63
7.6 Peru Refining Sector, Fluid Catalytic Cracking Capacity 64
8 Peru Oil and Chemicals Storage Sector 65
8.1 Peru Oil and Chemicals Storage Sector, Key Data 65
8.2 Peru Oil and Chemicals Storage Sector, An Overview 65
8.2.1 Peru Oil and Chemicals Storage Sector, Total Storage Capacity 65
8.3 Peru Oil and Chemicals Storage Sector, Capacity- Wise Market Share by Company 66
8.4 Peru Oil and Chemicals Storage Sector, Storage Capacity 68
9 Profile Of Petroleo Brasileiro S.A., 70
9.1 Petroleo Brasileiro S.A., Key Information 70
9.2 Petroleo Brasileiro S.A., Company Overview 70
9.3 Petroleo Brasileiro S.A., Business Description 70
9.3.1 Petroleo Brasileiro S.A., Business Description, Business Overview 70
9.3.2 Petroleo Brasileiro S.A., Business Description, Distribution 71
9.3.3 Petroleo Brasileiro S.A., Business Description, Exploration and Production 71
9.3.4 Petroleo Brasileiro S.A., Business Description, Gas and Energy 73
9.3.5 Petroleo Brasileiro S.A., Business Description, International 74
9.3.6 Petroleo Brasileiro S.A., Business Description, Supply 75
9.4 Petroleo Brasileiro S.A., Value Chain Analysis 77
9.4.1 Petroleo Brasileiro S.A., Value Chain Analysis, Upstream 77
9.4.2 Petroleo Brasileiro S.A., Value Chain Analysis, Midstream 79
9.4.3 Petroleo Brasileiro S.A., Value Chain Analysis, Downstream 79
9.4.4 Petroleo Brasileiro S.A., Value Chain Analysis, Retail 80
9.5 Petroleo Brasileiro S.A., SWOT Analysis 80
9.5.1 Petroleo Brasileiro S.A., SWOT Analysis, Overview 80
9.5.2 Petroleo Brasileiro S.A., SWOT Analysis, Strengths 81
9.5.3 Petroleo Brasileiro S.A., SWOT Analysis, Weaknesses 82
9.5.4 Petroleo Brasileiro S.A., SWOT Analysis, Opportunities 83
9.5.5 Petroleo Brasileiro S.A., SWOT Analysis, Threats 84
9.6 Petroleo Brasileiro S.A., Revenue Analysis 84
9.6.1 Petroleo Brasileiro S.A., Revenue by Segment 84
9.6.2 Petroleo Brasileiro S.A., Revenue by Geography 85
9.7 Petroleo Brasileiro S.A., Financial and Operational Review 86
9.7.1 Financial Statements 86
9.7.2 Financial Ratios 87
10 Profile of Sonatrach 88
10.1 Sonatrach, Key Information 88
10.2 Sonatrach, Company Overview 88
10.3 Sonatrach, Business Description 88
10.3.1 Sonatrach, Business Description, Business Overview 88
10.3.2 Sonatrach, Business Description, Downstream 89
10.3.3 Sonatrach, Business Description, Marketing 89
10.3.4 Sonatrach, Business Description, Marketing 90
10.3.5 Sonatrach, Business Description, Pipeline Transportation 91
10.3.6 Sonatrach, Business Description, Upstream 92
10.4 Sonatrach, Value Chain Analysis 94
10.4.1 Sonatrach, Value Chain Analysis, Upstream 94
10.4.2 Sonatrach, Value Chain Analysis, Midstream 95
10.4.3 Sonatrach, Value Chain Analysis, Downstream 95
10.4.4 Sonatrach, Value Chain Analysis, Retail 96
10.5 Sonatrach, SWOT Analysis 96
10.5.1 Sonatrach, SWOT Analysis, Overview 96
10.5.2 Sonatrach, SWOT Analysis, Strengths 97
10.5.3 Sonatrach, SWOT Analysis, Weaknesses 98
10.5.4 Sonatrach, SWOT Analysis, Opportunities 98
10.5.5 Sonatrach, SWOT Analysis, Threats 99
10.6 Sonatrach, Financial and Operational Review 100
10.6.1 Financial Statements 100
10.7 Financial Ratios 101
11 Profile of Repsol YPF, S.A 102
11.1 Repsol YPF, S.A, Key Information 102
11.2 Repsol YPF, S.A, Company Overview 102
11.3 Repsol YPF, S.A, Business Description 102
11.3.1 Repsol YPF, S.A, Business Description, Business Overview 102
11.3.2 Repsol YPF, S.A, Business Description, Chemicals Segment 103
11.3.3 Repsol YPF, S.A, Business Description, Exploration and Production Segment 104
11.3.4 Repsol YPF, S.A, Business Description, Gas and Power Segment 106
11.3.5 Repsol YPF, S.A, Business Description, Refining and Marketing Segment 107
11.4 Repsol YPF, S.A, Value Chain Analysis 110
11.4.1 Repsol YPF, S.A, Value Chain Analysis, Upstream 110
11.4.2 Repsol YPF, S.A, Value Chain Analysis, Midstream 111
11.4.3 Repsol YPF, S.A, Value Chain Analysis, Downstream 112
11.4.4 Repsol YPF, S.A, Value Chain Analysis, Retail 112
11.5 Repsol YPF, S.A, SWOT Analysis 113
11.5.1 Repsol YPF, S.A, SWOT Analysis, Overview 113
11.5.2 Repsol YPF, S.A, SWOT Analysis, Strengths 114
11.5.3 Repsol YPF, S.A, SWOT Analysis, Weaknesses 115
11.5.4 Repsol YPF, S.A, SWOT Analysis, Opportunities 115
11.5.5 Repsol YPF, S.A, SWOT Analysis, Threats 117
11.6 Repsol YPF, S.A, Revenue Analysis 118
11.6.1 Repsol YPF, S.A, Revenue by Segment 118
11.6.2 Repsol YPF, S.A, Revenue by Geography 119
11.7 Repsol YPF, S.A, Financial and Operational Review 120
11.7.1 Financial Statements 120
11.7.2 Financial Ratios 121
12 Financial Deals Landscape 122
12.1 Detailed Deal Summary 122
12.1.1 Acquisition 122
12.1.2 Partnerships 123
12.1.3 Asset Transactions 125
13 Recent Developments 130
13.1 License Rounds 130
13.1.1 Apr 01, 2009: Peru To Accept Bids For Oil And Gas Blocks In July 2009 130
13.1.2 Feb 15, 2009: Peru Looks For Bids To Expand Camisea Pipeline 130
13.1.3 Oct 16, 2008: Peru To Plan New Licensing Round For Next Year 131
13.2 License Awards 131
13.2.1 Apr 20, 2009: Pan Andean Resources Signs Contract For Exploration Block 161 In Peru 131
13.2.2 Apr 17, 2009: Petrolifera Petroleum Wins Block 133 In Peru 132
13.2.3 Apr 16, 2009: Peru Grants 13 Oil Exploration Deals With Overseas Companies 132
13.2.4 Feb 24, 2009: Petrolifera Petroleum Submits EIS For Drilling Block 107 In Ucayali Basin, Peru 133
13.2.5 Sep 26, 2008: Kuntur Receives Consent To Construct South Andean Pipeline In Peru 134
13.3 Strategy and Business Expansion 134
13.3.1 Oct 22, 2008: Talisman Announces No Plans To Leave Peru 134
13.3.2 Oct 06, 2008: Kuntur To Construct $1.4 Billion Peru Gas Pipeline In 2010 135
13.3.3 Jul 08, 2008: RIL And Petroperu Sign Joint Exploration Pact 135
13.3.4 Jun 27, 2008: SK Energy Aims At Six-Fold Increase In Oil, Gas Output 136
13.3.5 Jun 26, 2008: Shell, BPZ To Jointly Explore For Oil And Gas In Northern Peru 137
13.4 Recent Discoveries 137
13.4.1 Jun 27, 2008: Petro-Tech Discovers Natural Gas In Northern Peru 137
13.4.2 Jun 24, 2008: InterOil Discovers Oil In New Peruvian Exploration Well 138
13.5 Drilling and Production Updates 138
13.5.1 May 19, 2009: Pan Andean Resources Updates On Peruvian Blocks 114, 131 138
13.5.2 Apr 24, 2009: Perenco Plans To Commence Production In Peru By 2013 139
13.5.3 Mar 26, 2009: BPZ Resources Updates On CX11-15D Well In Corvina Field, Peru 139
13.5.4 Feb 17, 2009: InterOil Provides 2008 Production Update 140
13.5.5 Feb 11, 2009: InterOil Provides Production Update 140
13.6 Financial Announcements 141
13.6.1 Sep 02, 2008: Maple Reports 1H 2008 Results 141
13.7 Other Significant Developments 144
13.7.1 May 22, 2009: Gold Oil Acquires 2D Seismic Data On Peruvian Offshore Block Z34 144
13.7.2 May 15, 2009: Pan Andean Resources Begins Aero-Gravimetric, Magnetometric Survey On Block 141 In Peruvian Andes 145
13.7.3 May 14, 2009: Pitkin Petroleum Updates On Its Activities In Vietnam, Philippines And Peru 146
13.7.4 May 05, 2009: Repsol To Invest $6 Billion In Peru 147
13.7.5 Apr 29, 2009: Americas Petrogas Provides Operational Update 147
13.8 New Contracts Announcements 149
13.8.1 Apr 20, 2009: PVEP Signs Contract With Perupetro To Explore Oil And Gas In Peru 149
13.8.2 Oct 09, 2008: Kuntur Receives Contract To Construct 700-Mile Pipeline In Peru 149
13.8.3 Sep 16, 2008: Petroperu Awards Talara Refinery Modernization Contract 150
14 Appendix 151
14.1 Methodology 151
14.1.1 Coverage 152
14.1.2 Secondary Research 153
14.1.3 Primary Research 153
14.1.4 E&P Forecasts 153
14.1.5 Midstream Forecasts 155
14.1.6 Expert Panel Validation 155
14.2 Contact Us 155
14.3 About GlobalData 156
14.4 Disclaimer 156