Just Published: "Czech Republic Oil & Gas Report Q4 2014"
Recently published research from Business Monitor International, "Czech Republic Oil & Gas Report Q4 2014", is now available at Fast Market Research
[USPRwire, Wed Oct 15 2014] While a moratorium on shale gas exploration, the Czech Republic will remain highly dependent on imported oil and gas, mostly from Russia, as conventional hydrocarbons production potential is limited. With demand trends remaining relatively weak, a small increase in refinery utilisation rates should see relatively stable net refined products import needs throughout our forecast period.
The main trends and developments we highlight for the Czech Republic's oil and gas sector are:
* Plans to freeze shale gas exploration for two years to allow the government to draft and implement new legislation have found plenty of support, meaning that drilling activity is unlikely in the short-to-medium term. However, given that the Czech Republic is highly dependent on Russian gas, the recent events between Russia and the EU over Ukraine could convince policy makers to lift the moratorium and allow shale gas exploration in the near future.
* The Czech Republic produces negligible volumes of domestic gas or oil, with limited upside risk to future production, meaning the country will remain significantly dependent on Russian hydrocarbon imports within our forecast period. Small upside risk to our forecast for oil production could come from ongoing oil exploration in the South Moravian region by company Lama Energy Group, while shale gas could provide long-term upside risk to gas production.
* We expect...
The Czech Republic Oil & Gas Report has been researched at source and features Business Monitor International (BMI)'s independent forecasts for Czech Republic including major indicators for oil, gas and LNG, covering all major indicators including reserves, production, consumption, refining capacity, prices, export volumes and values. The report includes full analysis of industry trends and prospects, national and multinational companies and changes in the regulatory environment.
BMI's Czech Republic Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Czech oil and gas industry.
Key Benefits
* Benchmark BMI's independent oil and gas industry forecasts for Czech Republic to test consensus views - a key input for successful budgeting and strategic business planning in the Czech oil and gas market.
* Target business opportunities and risks in the Czech oil and gas sector through reviews of latest industry trends, regulatory changes and major deals, projects and investments in Czech Republic.
* Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.
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