Research and Markets: Azerbaijan Oil and Gas Report Q4 2011

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/946805/azerbaijan_oil_and) has announced the addition of the "Azerbaijan Oil and Gas Report Q4 2011" report to their offering.

The latest Azerbaijan Oil & Gas Report from Business Monitor International is published at a time when Azerbaijan's oil production growth appears to have stalled after a period of strong expansion from 2004-2010. However, a return to rapid growth now seems imminent and BMI forecasts that oil production will rise from 1.05mn barrels per day (b/d) in 2010 to 1.36mn b/d by 2015. At the same time, oil consumption should grow quickly, albeit from a low base, rising from 104,000b/d in 2010 to 146,000b/d by 2015. This should nevertheless allow the country to boost exports from 944,000b/d in 2010 to 1.22mn by in 2015.

Over the next five years gas production is set to enjoy a steady increase largely due to rising production from existing fields. Output of 16.7bn cubic metres (bcm) in 2010 looks set to rise to 19.7bcm by 2015, while even more rapid consumption growth looks set to shrink the volumes available for export from 4.96bcm in 2010 to 3.85bcm by 2015. Consumption growth of 35% over the five-year period to 2015 should result in the country consuming 15.86bcm by 2015, largely due to growing demand from the power sector.

The start up of the second phase of the giant Shah Deniz field dominates long-term Azeri gas supply, with BMI currently expecting the field to come onstream in 2016.

Key Topics Covered:

• Azerbaijan Energy Market Overview
• Oil Supply And Demand
• Gas Supply And Demand
• Corruption
• Physical Infrastructure
• Labour Force
• Foreign Investment Policy
• Foreign Trade Regime
• Tax Regime
• Security Risk
• Industry Forecast Scenario
• Oil And Gas Reserves
• LNG
• Refining And Oil Products Trade
• Revenues/Import Costs
• And much more...

Companies Mentioned:

• Socar
• BP Azerbaijan
• Statoil
• Lukoil Azerbaijan
• Azpetrol
• ExxonMobil
• Eni
• Inpex
• Chevron - Summary
• Itochu/Delta Hess
• TPAO
• Total
• ONGC Videsh Ltd (OVL)
• Korea National Oil Corporation (KNOC)
• GdF Suez
• RWE Dea

For more information visit http://www.researchandmarkets.com/research/946805/azerbaijan_oil_and.