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South Korea Oil and Gas Strategic Analysis and Outlook to 2025- Forecasts of Supply, Demand, Investment, Companies and Infrastructure (Fields, Blocks, Pipelines, LNG, Refinery, Storage Assets)

South Korea Oil and Gas Strategic Analysis and Outlook to 2025- Forecasts of Supply, Demand, Investment, Companies and Infrastructure (Fields, Blocks, Pipelines, LNG, Refinery, Storage Assets)

OGAnalysis, one of the leading research and consulting service providers for the oil and gas industry, recently published the “South Korea Oil and Gas Strategic Analysis and Outlook to 2025”. The premier report provides analysis of key opportunities and associated challenges facing South Korea oil and gas industry.

Amidst downfall in oil prices creating uncertainty on the future of South Korea industry growth, the report details key strategies of government, oil and gas companies and investors in the country. Detailed outlook of the industry in terms of production forecasts of oil, gas, LNG, LPG, gasoline, diesel, fuel oil along with supporting parameters of primary energy demand, GDP and population are included.

Current status of planned projects along with the possible commencement of the projects, feasibility of developing those projects in current market conditions, expected start up, impact of competing assets in other countries and overall industry developments, investments required and other related information on planned projects is provided in detail.

The comprehensive guide provides analysis and forecasts of South Korea oil and gas market for the period 2000 to 2025. Asset by asset details of all existing and planned projects across South Korea oil and gas value chain are detailed in the report.

Driven by strong methodology and proprietary databases, reliable projections of oil, gas, petroleum products, coal, and LNG- supply and demand are made to 2025. The research work examines the existing infrastructure (oil and gas assets), market conditions, investment climate and competitive landscape of upstream, midstream and downstream sectors.

SWOT Analysis and benchmarking tools are used to analyze and compare the real prospects and challenges of investing or expanding in the industry. Further, the report details all the investment opportunities sector wise, highlighting the industry growth potential and project feasibility. Detailed information on new fields, blocks, pipelines, refineries, storage assets and LNG terminals along with the investments required, current status of the projects and commencement feasibility are provided.

The report also analyzes three key companies in South Korea oil and gas industry. Business operations, SWOT Analysis and financial performance of the companies are provided. All latest developments in the industry along with their possible impact on the industry are included in the report.

Some of the Key issues addressed in the report include-

  • How will be oil and gas supply scenario in South Korea by 2025?
  • Which of the petroleum products will witness the maximum demand growth by 2025?
  • What are the new risks and opportunities for investors/ oil and gas companies?
  • What are the potential investment opportunities in South Korea and how much investment is needed?
  • How did the production from major fields vary over the last decade?
  • What is the current status of all planned projects in South Korea?
  • Who is the market leader and what is the market concentration ratio of pipelines, upstream, oil storage, refining, LNG and UGS sectors?
  • What will be the coking/FCC/HCC/VDU capacities in the South Korea by 2020?
  • How much of the LNG capacity is contracted and how much will be available for contracts by 2020?
  • What will be the crude oil/petroleum products/chemicals storage capacity by 2020?
  • How much natural gas can be withdrawn from underground gas storage tanks in a day?
  • How extensive is the pipeline transportation network in the country?


1 Table of Contents
1.1 List of Tables
1.2 List of Figures
2 South Korea Oil and Gas Industry Overview
2.1 South Korea Oil and Gas Market Snapshot, 2013
2.2 South Korea Demographic Overview
2.3 South Korea Proven Oil and Gas Reserves, 2000- 2013
2.4 South Korea Oil and Gas Supply and Demand Scenario
2.5 South Korea Oil and Gas Value Chain Analysis
2.6 South Korea Primary Energy Demand Outlook, 2000- 2025
2.7 South Korea Primary Energy Consumption Mix by Fuel, 2013
2.8 South Korea Oil and Gas Operational Infrastructure
2.8.1 South Korea Upstream Assets
2.8.2 South Korea Midstream Oil and Gas Assets
2.8.3 South Korea Downstream Oil and Gas Assets
2.9 South Korea Energy Ministry, Licensing and Regulatory Authorities
3 Key Trends in South Korea Oil and Gas Markets
3.1 South Korea Refiners Seek New Markets for Oil supplies Amidst Escalating Operating Losses
3.2 South Korea LNG Imports to exceed 50 million tonnes by 2020
3.3 South Korea Refiners Plan new Projects
3.4 Oil Faces Competition from other Alternative fuels in Primary Energy Consumption Mix
4 New Business Opportunities in South Korea Oil and Gas Industry
4.1 South Korea Upstream Opportunities
4.1.1 Blocks on offer
4.1.2 Awarded Blocks Details
4.2 South Korea Midstream Opportunities
4.2.1 Planned LNG Terminals
4.2.2 Planned Pipelines
4.3 South Korea Downstream Opportunities
4.3.1 Planned Refineries
4.3.2 Planned Storage Terminals
5 South Korea Oil and Gas SWOT Analysis
5.1 Key Strengths of Investing in South Korea Oil and Gas Markets
5.2 Key Weaknesses Faced by Companies in South Korea Oil and Gas Markets
5.3 Key Opportunities for New Entrants, Companies and Investors in South Korea Oil and Gas Markets
5.4 Key Threats and Challenges Faced by South Korea Oil and Gas Players
6 South Korea Oil and Gas Chain Production and Consumption Outlook to 2025
6.1 South Korea Crude Oil Demand Outlook to 2025
6.2 South Korea Natural Gas Demand Outlook to 2025
6.3 South Korea Crude Oil Supply Outlook to 2025
6.4 South Korea Natural Gas Supply Outlook to 2025
7 Comparison of South Korea with Asian oil and gas markets
7.1 Overall Ranking of Markets, 2013
7.2 Demographic and Economic Index
7.3 Oil and Gas Supply Index
7.4 Oil and Gas Demand Index
7.5 Oil and Gas Infrastructure Index
8 South Korea Oil and Gas Industry Competitive Landscape
8.1 Refining Sector- Market Shares by Company, 2013
8.2 LNG Sector- Market Shares by Company, 2013
8.3 Oil Storage Sector- Market Shares by Company, 2013
8.4 Oil Pipeline Sector- Market Shares by Company, 2013
9 South Korea Exploration and Production Market Analysis
10 South Korea Oil Refinery Market Analysis and Outlook to 2020
10.1 South Korea Oil Refining Industry
10.1.1 Refining Capacity Outlook to 2020
10.1.2 Refinery Complexity
10.2 South Korea Refining Capacity Forecast by Refinery, 2005-2020
10.3 South Korea Coking Unit Capacity Forecast, 2005-2020
10.4 South Korea Reformer Capacity Forecast, 2005-2020
10.5 South Korea Hydro Catalytic Cracking (HCC) Unit Capacity Forecast, 2005-2020
10.6 South Korea Hydro-Treating Capacity Forecast, 2005-2020
10.7 Location, Start Up, Capacity, Operator, Ownership, Details of Operational Refineries in South Korea
10.8 Company wise Refining Capacity, 2005-2020
11 South Korea Liquefied Natural Gas Market Analysis and Outlook to 2020
11.1 South Korea, LNG Capacity Outlook to 2020
11.1.1 South Korea Regasification Capacity Outlook to 2020
11.2 LNG Terminals under Operation, 2013
11.3 South Korea, LNG Capacity by Terminal, 2005-2020
11.3.1 LNG Regasification Capacity by Terminal, 2005-2020
11.4 LNG Storage Capacity by Terminal, 2005-2020
11.5 LNG Industry Competitive Landscape
11.5.1 South Korea LNG Regasification Capacity by Company, 2005-2020
12 South Korea Storage Market Analysis and Outlook
12.1 South Korea Total Storage Capacity Forecast, 2005-2020
12.2 Location, Operator, Ownership, Start Up Details of Operational Oil and Gas Storage Terminals in South Korea
12.3 South Korea Storage Capacity Forecast by Terminal, 2005-2020
12.4 Company wise Storage Capacity, 2013
13 South Korea Transmission Pipeline Market Analysis and Outlook to 2020
13.1 Major Gas Pipelines in South Korea
13.2 Major Product Pipelines in South Korea
13.3 South Korea Pipeline Competitive Landscape
14 Key Players In South Korea Oil and Gas Markets
14.1 Korea Gas Corporation (KOGAS)
14.1.1 Overview
14.1.2 Business Operations
14.1.3 SWOT Analysis
14.1.4 Contact Information
14.1.5 Financial Analysis
14.2 SK Energy Oil and Gas Operations
14.2.1 Key Information
14.2.2 Business Operations
14.2.3 SWOT Analysis
14.2.4 Contact Information
14.2.5 Financial Analysis
14.3 POSCO
14.3.1 Key Information
14.3.2 Business Operations
14.3.3 SWOT Analysis
14.3.4 Contact Information
14.3.5 Financial Analysis
15 South Korea Latest Oil and Gas News Analysis
15.1 Turkmenistan – South Korea relations expand-March 2015
15.2 Azerbaijan, South Korea discuss prospects for cooperation- March 2015
15.3 South Korea steps up LNG imports from Equatorial Guinea in 2015- February 2015
15.4 South Korea plans to reduce natural gas, oil demand, cut GHG emissions by 2017- December 2014
15.5 South Korea's Kogas to cut LNG imports in response to weaker local demand- November 2014
15.6 South Korean refiners suffer from weak refining margins, higher won- July 2014
15.7 Arctic Ice Melt Seen Freeing Way for South Korean Oil Hub- July 2014
15.8 Iraq's crude oil storage plan in South Korea suspended indefinitely- June 2014
15.9 South Korea’s to Focus on Oil Exploration- June 2014
15.10 South Korea working on exploration plan for oil, gas in continental shelf- April 2014
15.11 Petronas Launches PFLNG Hull in South Korea- April 2014
15.12 Foster Wheeler Awarded FEED Contracts for Upgrading Project in South Korea- March 2014
15.13 South Korea to spend $1.8 billion to build world's fourth largest oil hub- March 2014
16 Appendix
16.1 Abbreviations
16.2 Sources and Methodology
16.3 Contact Information
16.4 Disclaimer 102
List Of Tables
Table 1: South Korea Oil and Gas Industry Overview, 2013
Table 2: South Korea Exploration- Open Blocks Details
Table 3: South Korea Exploration- Awarded Blocks Details
Table 4: Planned LNG Terminals in South Korea - Location, Start up, Operator, Capacity Details
Table 5: Planned Refineries in South Korea - Location, Start up, Operator, Capacity Details
Table 6: Planned Storage Terminals in South Korea - Location, Start up, Operator, Capacity Details, 2020
Table 7: South Korea Crude Oil Demand Forecast, 2000-2025
Table 8: South Korea Natural Gas Demand Forecast, 2000-2025
Table 9: South Korea Crude Oil Supply Forecast, 2000-2025
Table 10: South Korea Natural Gas Supply Forecast, 2001-2025
Table 11: South Korea Oil and Gas Benchmarking- Overall Ranking
Table 12: South Korea Oil and Gas Benchmarking- Demographic and Economic Index
Table 13: South Korea Oil and Gas Benchmarking- Supply Index
Table 14: South Korea Oil and Gas Benchmarking- Demand Index
Table 15: South Korea Oil and Gas Benchmarking- Infrastructure Index
Table 16: South Korea Refining Capacity Forecast, mb/d, 2005-2020
Table 17: South Korea Number of Refineries and Capacity by Complexity, 2013
Table 18: South Korea Refining Capacity Forecast by Refinery, kb/d, 2005-2020
Table 19: South Korea Coking Capacity Forecast by Refinery, kb/d, 2005-2020
Table 20: South Korea Reformer Capacity Forecast by Refinery, kb/d, 2005-2020
Table 21: South Korea HCC Capacity Forecast by Refinery, kb/d, 2005-2020
Table 22: South Korea Hydro-Treating Capacity Forecast by Refinery, kb/d, 2005-2020
Table 23: South Korea-Operational Refinery details- Location, Start up, Capacity, Operator, Ownership Details
Table 24: South Korea- Company wise Refining Capacities (Kb/d), 2005-2020
Table 25: South Korea, LNG Regasification Capacity Outlook to 2020
Table 26: South Korea Regasification Capacity By Terminal (mtpa), 2005-2020
Table 27: South Korea LNG Storage Capacity By Terminal (Thousand m3), 2005-2020
Table 28: South Korea LNG Regasification Capacity Forecast by Company (mtpa), 2005-2020
Table 29: South Korea Total Storage Capacity Forecast, Mmcm, 2005-2020
Table 30: Storage Terminals in South Korea - Location, Start up, Operator, Products Details
Table 31: South Korea Storage Capacity Forecast by Terminal, Thousand m3, 2005-2020
Table 32: South Korea- Company wise Storage Capacity, Thousand m3, 2013
Table 33: South Korea, Major Product Pipelines
Table 34: South Korea- Company wise Pipeline Length, Km, 2013
Table 35: Korea Gas Corporation- Top Level Information
Table 36: Korea Gas Corporation- Financial Snapshot, 2012-2013
Table 37: SK Energy - Top Level Information
Table 38: SK Energy- Financial Highlights, KRW Billion, 2009- 2011
Table 39: POSCO- Top Level Information
Table 40: POSCO- Key Financial Information2012- 2013 75
List of Figures
Figure 1: Map of South Korea- Location and Boundaries
Figure 2: South Korea Primary Energy Demand Outlook, Mtoe, 2000- 2025
Figure 3: South Korea Primary Energy Mix by Fuel, 2013
Figure 4: South Korea- Oil Imports by Source, 2013
Figure 5: South Korea- LNG Imports by Source, 2013
Figure 6: South Korea Crude Oil Demand Forecast, 2000-2025
Figure 7: South Korea Natural Gas Demand Forecast, 2000-2025
Figure 8: South Korea Crude Oil Production Forecast, 2000-2025
Figure 9: South Korea Natural Gas Production Forecast, 2000-2020
Figure 10: South Korea Refining Market Share, 2013
Figure 11: South Korea LNG Market Share, 2013
Figure 12: South Korea Storage Market Structure, %, 2013
Figure 13: South Korea Pipeline Market Structure, %, 2013

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