Colombia oil & gas market has been estimated at USD XX billion in 2015 and is projected to reach USD XX billion by 2021, at a CAGR of XX% during the forecast period from 2016 to 2021. Colombia invested USD XX billion in the oil & gas sector between 2013 and 2015 and it is estimated that an additional USD XX billion would flow in by 2021.
Colombia upstream market has reserves of oil, natural gas and also the natural gas liquids. The crude oil reserves are XX billion barrels, the natural gas reserves are XX trillion cubic feet and the reserves of natural gas liquids are XX billion barrels. Colombia upstream market is expected to grow at a CAGR of XX% during the forecast period from 2016 to 2021.
Colombia midstream oil & gas business has currently a network of laid pipelines of length close to XX km and an additional length of about XX km is planned with an investment of USD XX billion. This market is expected to grow at a CAGR of XX% during the forecast period from 2016 to 2021.
The downstream business in the region is expected to grow at a CAGR of XX%. The demand for the petroleum products is expected to grow exponentially and reach XX million metric tonnes by 2021. Colombia has an installed refining capacity of XX barrels. The internal trade for petroleum products is worth USD XX. An additional refining capacity of XX billion barrels is planned with an investment close to USD XX billion. Furthermore, the current capacity of LNG terminals is XX mMT and an additional capacity of XX mMT is planned with an investment close to USD XX billion.
Key Deliverables in the Study
Colombia oil & gas market analysis, with assessments and competition analysis on a regional scale Market definition along with the identification of key drivers, restraints and opportunities Colombia PESTLE Analysis Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market Extensively researched competitive landscape section with profiles of major companies along with their market shares Identification and analysis of the macro and micro factors that affect Colombia oil & gas market on both global and regional scales A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the oil & gas market
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