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Oil and Gas Industry in Hungary

Taiyou Research, Sep 2011, Pages: 90


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Hungary is dependent on Russia for most of its oil imports, and therefore, the country is more focused on using natural gas, with the natural gas segment accounting for nearly 63% of the oil and gas industry in Hungary.

The Hungarian oil and gas industry has been witnessing fluctuating growth rates since the last couple of years, with recovery of the sector expected from 2011 onwards. Having a higher growth rate as compared to the Polish and Czech oil and gas industries, the Hungarian oil and gas industry is comprised of many large multinational companies that have integrated operations across all oil and gas segments.

Leading players in the Hungarian oil and gas industry include the MOL Group, Shell and Eni SpA, and have invested heavily in the developments of their activities in Hungary.

In this industry scenario, the Oil and Gas Industry in Hungary is analysed. The report covers the following:

- A profile of the global energy industry including a market overview, profile of the global oil market, global natural gas market, coal industry and other fuels.

- A profile of the oil and gas industry in Europe, which helps to place the growth of the Hungarian oil and gas industry in respective of other countries in Europe. The section contains an industry definition, market profile, market value and volume analysis and industry segmentation.

- Moving on to the analysis of the oil and gas industry in Hungary, we analyze the market through industry statistics, market value and volume statistics, and industry segmentation.

- Competition in the Industry is analyzed followed by an analysis of the major players in the industry. Players analyzed include Eni SpA, MOL Group, OMV Group, and the Royal Dutch Shell Plc. We undertake the analysis of the major players through a company overview, analysis of the business segments, analysis of the major products and services, and a SWOT analysis.

- Industry forecast is included for the European oil and gas market and the Hungarian oil and gas market.

This report on the Oil and Gas Industry in Hungary is a complete profile of this rapidly growing industry.



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