2. Market Trends and Outlook 2.1 Key economic indicators-Indonesia 2.2 Reserves and exploration 2.3 Production trends 2.4 Consumption of petroleum products 2.5 Trade 2.6 Market outlook
3. Leading Players and Comparative Matrix 3.1 Leading Players 3.1.1 PETRONAS Dagangan Berhad (PDB) 3.1.2 PETRONAS Gas Berhad (PGB) 3.1.3 Gas Malaysia Berhad (GMB) 3.2 Comparative matrix 3.3 SWOT analysis
4. Tables and Charts Table 1: Key financial ratios of the leading players
Chart 1: Primary energy consumption by source-Malaysia Chart 2: Breakup of Malaysian GDP by sectors Chart 3: Contribution from oil and gas sector to Indonesian GDP at current prices Chart 4: Major political parties in Malaysia by percentage of seats in parliament Chart 5: GNI per capita- Malaysia Chart 6: Quarterly GDP growth rate-Malaysia Chart 7: Value of exports from Malaysia Chart 8: Y/Y change in inflation indices-FY13 Chart 9: Benchmark interest rate (OPR)-Malaysia Chart 10: Proven crude oil reserves in Malaysia Chart 11: Proven crude oil Reserves in Malaysia by Region Chart 12: Proven natural gas reserves in Malaysia Chart 13: Proven Natural Gas Reserves in Malaysia by Region Chart 14: Annual average crude oil production in Malaysia Chart 15: Breakup of crude oil production in Malaysia by Region Chart 16: Annual dry natural gas production in Malaysia Chart 17: Natural gas consumption in Malaysia Chart 18: Total consumption of petroleum products in Malaysia Chart 19: Breakup of petroleum product consumption by type-FY13 Chart 20: Exports of petroleum products Chart 21: Exports of natural gas in value terms Chart 22: Annual average price of crude oil Chart 23: Monthly average price of crude oil Chart 24: Revenue by operating segments-PDB Chart 25: Net sales of PDB Chart 26: Profit margins of PDB Chart 27: Revenue by operating segments-PGB Chart 28: Net sales of PGB Chart 29: Profit margins of PGB Chart 30: Sales volume of GMB Chart 31: Net sales of GMB Chart 32: Profit margins of GMB
This report profiles Malaysia oil and gas industry, discussing market trends through 2014 and outlook for 2015 and beyond. The report also highlights leading players in the sector including PETRONAS Dagangan Berhad (PDB), PETRONAS Gas Berhad (PGB) and Gas Malaysia Berhad (GMB).
The oil and gas industry has played a significant role in the social and economic development of Malaysia. The country remained as the world’s second largest LNG exporter in the world. Gas exports acts as a major foreign exchange generator for the country. However, reduced production of oil and increasing domestic consumption of gas has suppressed the export growth of gas in the last few years.
The annual average price of crude oil grew steadily during 2006-08. In FY10, it recorded an unprecedented decline of 17% due to the global economic recession. Since then, it underwent a rapid growth rising by 60% to USD 105/bbl in FY12. In the first half of FY15, it saw a steep decline of 20% y/y, which led to lower growth in production value across segments.
Domestic oil and gas industry (mining and production) accounted for around 13% of the country’s total GDP as of 2014.
As of December 2013, Malaysia had total proven reserves of 5.9 billion barrels (Bbbl.) of crude oil.
After August 2014, crude prices saw a steep depreciation. The lowest price of USD 47.4/bbl was recorded in January 2015. During 1HFY15, the average price of crude oil reached USD 56.1/bbl.