Vietnam Oil and Gas Midstream Market Outlook to 2021
Vietnam midstream 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.
The midstream sector forms the essential segue between the retrieval and processing segments of the oil & gas market. The investments in this sector are expected to increase with the major companies faring well during the market downturn. The complex midstream sector, sometimes, has to deal with the geopolitics involved in the routing of the pipelines. Hence, these pipelines have to be designed with enhanced security for supplies that further help in stabilizing the energy markets. As the exploration for new wells moves into harsh offshore environment, there is an increase in the FPSOs, drill ships and other offshore support vessels deployed for the transportation operations. During the oil & gas market downturn in 2015, this sector was insulated from the huge losses that the other sectors suffered. An analysis of the sector done by Mordor Intelligence, shows that the employment rate during the oil & gas market downturn has increased in this sector as opposed to the decrease in the upstream sector. Additional investments have also been made in this sector whereas the upstream sector saw a decrease in investments.
Vietnam invested USD XX billion between 2013 and 2015 in the midstream oil & gas market and it is estimated that an additional USD XX billion would flow in by 2021.Vietnam 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 being planned with an investment of USD XX billion. Vietnam also maintains the secondary logistics supply through barges, rail cars and truck fleet. Vietnam transports XX million barrels of crude oil each day.
Key Deliverables in the Study
Vietnam midstream oil & gas market analysis, with assessments and competition analysis on a regional scale
Market definition along with the identification of key drivers and restraints
Vietnam midstream oil & gas market report presents an overview of the main economic, political, environmental and regulatory aspects to consider when investing in the sector
Identification of factors instrumental in changing the market scenario, 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 share
Identification and analysis of the macro and micro factors that affect Vietnam midstream oil & gas market on both global and regional scale
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 domestic and international players in this industry and the key strategies adopted by them to sustain and grow in the oil & gas market
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