Neste Oil Corporation Detailed Analysis and Forecasts of Oil and Chemicals Storage Terminals - Market Research Reports

Contents:

1
1 2
1.1 List of Tables 9
1.2 List of Figures 11
2 Company Snapshot 12
2.1 Key Information 12
2.2 Company Overview 12
2.3 Financial Performance 12
2.4 Industry Outlook - Refining 12
2.5 Industry Outlook - Tankers 13
2.6 SWOT Snapshot 14
3 Neste Oil Corporation Oil and Chemical Storage Operations 15
3.1 Oil and Chemical Storage Operations, Country-Wise, 2000 - 2012 15
3.2 Oil and Chemical Storage Operation 16
3.2.1 Neste Oil Corporations Oil and Chemical Storage Operation, Estonia ,Storage Capacity, 2000 - 2012 16
3.2.2 Neste Oil Corporations Oil and Chemical Storage Operation, Latvia ,Storage Capacity, 2000 - 2012 16
3.2.3 Neste Oil Corporations Oil and Chemical Storage Operation, Russian Federation ,Storage Capacity, 2000 - 2012 16
3.3 Neste Oil Corporations Oil and Chemical Storage Terminal Asset Details 17
3.3.1 Neste Oil Corporations Oil and Chemicals Storage Terminal Asset Details, Neste Oil Muuga 17
3.3.2 Neste Oil Corporations Oil and Chemicals Storage Terminal Asset Details, Neste Oil Riga 18
3.3.3 Neste Oil Corporations Oil and Chemicals Storage Terminal Asset Details, Neste Oil St. Peterburg 20
4 Business Description 22
4.1 Business Overview 22
4.2 Oil Refining 22
4.2.1 Overview 22
4.2.2 Production 22
4.2.3 Financials 22
4.2.4 Capital Expenditure 23
4.2.5 Market View 23
4.2.6 Key Strategies 23
4.3 Oil Retail 23
4.3.1 Overview 23
4.3.2 Production 23
4.3.3 Financials 23
4.3.4 Capital Expenditure 24
4.3.5 Key Strategies 24
4.4 Shipping 24
4.4.1 Overview 24
4.4.2 Production 24
4.4.3 Financials 24
4.4.4 Capital Expenditure 24
4.4.5 Market View 24
4.4.6 Key Strategies 24
4.5 Major Products and Services 25
4.5.1 Overview 25
5 History 26
6 Business Strategy 28
6.1 Mission Statement 28
6.2 Strategy 28
6.3 Corporate Social Responsibility 28
6.3.1 Overview 28
6.3.2 Specific CSR Initiatives 28
7 Value Chain Analysis 29
7.1 Midstream 29
7.1.1 Overview 29
7.1.2 Financials, Production and Major Projects 30
7.2 Downstream 30
7.2.1 Overview 30
7.2.2 Financials, Production and Major Projects 30
7.3 Retail 30
7.3.1 Overview 30
7.3.2 Financials, Production and Major Projects 30
8 SWOT Analysis 31
8.1 Overview 31
8.2 Neste Oil Corporation Strengths 31
8.2.1 Strong Downstream and Retail Business 31
8.2.2 Leading Market Position in Finland 31
8.2.3 Ability to Process Heavy Fuel Oil 32
8.3 Neste Oil Corporation Weaknesses 32
8.3.1 Lack of Upstream Operations 32
8.3.2 Decreasing Returns 32
8.4 Neste Oil Corporation Opportunities 32
8.4.1 Booming Global Energy Industry 32
8.4.2 Growing Demand for Diesel 32
8.4.3 NExBTL Renewable Diesel Plant 32
8.5 Neste Oil Corporation Threats 33
8.5.1 Environmental Regulations 33
8.5.2 Increasing Importance of Alternative Energy 33
9 Competitors 34
10 Revenue Analysis 35
10.1 Revenue by Segment 35
10.2 Revenue by Geography 36
11 Financial and Operational Review 37
11.1 Financial Statements 37
11.2 Financial Ratios 38
12 Operational Indicators 39
13 Share Holding Structure 40
14 Key Employees 41
15 Key Employee Biographies 42
16 Company Statement 46
17 Locations And Subsidiaries 48
17.1 Head Office 48
17.2 Other Locations & Subsidiaries 48
18 Financial Deals Landscape 50
18.1 Neste Oil Corporation, Deals Volume Summary, 2004 to YTD 2008 50
18.2 Neste Oil Corporation, Deals Summary By Region, 2004 to YTD 2008 51
18.3 Neste Oil Corporation, Deals Summary, 2004 to YTD 2008 52
18.4 Neste Oil Corporation Detailed Deal Summary 55
18.4.1 Rumored Deals 55
18.4.2 Asset Purchase 62
18.4.3 Acquisition 76
18.4.4 Debt Offerings 83
18.4.5 Partnerships 84
19 Recent Developments 99
19.1 License Awards 99
19.1.1 Dec 16, 2008: CNOOC Wins Approval To Develop Oil And Gas Projects In South China Sea 99
19.1.2 Oct 17, 2008: CNOOC Wins NDRC Approval To Construct Oil Terminal In Huizhou 99
19.1.3 Aug 08, 2008: CNOOC And Husky Receive Approval For Madura BD Wet Gas Project In Indonesia 99
19.1.4 Jul 12, 2008: Petrobangla Selects Two International Oil Firms For Exploring Hydrocarbons In Bay Of Bengal 99
19.1.5 Jul 03, 2008: Four Chinese Oil Firms To Bid For Oil And Gas Rights In Iraq 100
19.1.6 May 23, 2008: Indonesia Awards Exploration Rights For Five Oil And Gas Blocks 101
19.1.7 May 07, 2008: Bangladesh To Allow Exploration Of Offshore Gas Fields 101
19.1.8 Apr 15, 2008: Iraq Says Four Chinese Companies Being Qualified For Oil Contracts 101
19.1.9 Nov 23, 2007: Lion Petroleum Gets PSC For Onshore Block 1, Kenya 102
19.1.10 Dec 12, 2006: CNOOC Signs PSC With Devon 102
19.1.11 Jun 07, 2006: CNOOC Inks PSC With BG 103
19.2 Strategy and Business Expansion 103
19.2.1 Dec 08, 2008: CNOOC And Tangshan City Sign Framework Agreement Of Strategic Cooperation 103
19.2.2 Nov 12, 2008: NIOC And CNOOC Finalize Plan To Develop Irans North Pars Gas Field 103
19.2.3 Nov 06, 2008: CPC And CNOOC To Expand Taiwan Strait E&P JV 104
19.2.4 Sep 25, 2008: CNOOC Delays Start-up At Huizhou Refinery 106
19.2.5 Sep 11, 2008: CLP Abandons Plans To Build Hong Kong LNG Gas Plant 106
19.2.6 Aug 28, 2008: CNOOC Invests CNY45 Billion To Expand Huizhou Refinery 106
19.2.7 Aug 16, 2008: CPC May Sign Agreement With CNOOC To Jointly Explore Oil And Gas In Northern Keelung Port 106
19.2.8 Jul 03, 2008: CNOOC Wants Petrobras Help In Developing Offshore Oil Reserve 107
19.2.9 Jun 29, 2008: POGC In Gas Deal Talks With CNOOC 107
19.2.10 May 06, 2008: CPC To Extend Its Joint Venture With CNOOC By Two Years 108
19.2.11 Mar 31, 2008: Woodside Approves North Rankin 2 Project 108
19.2.12 Jan 22, 2008: Guangdong Dapeng To Extend Shenzhen Dapeng LNG Project 109
19.2.13 Jan 22, 2008: CNOOC To Enter Agreement With Iran For LNG Supply 109
19.2.14 Aug 14, 2007: Newfield Signs Two New PSCs, Offshore China 109
19.2.15 Aug 06, 2007: CNOOC Signs PSC With SPC 109
19.2.16 Aug 06, 2007: SPC Enters Into Contract With CNOOC 110
19.2.17 Feb 21, 2007: CNOOC To Construct New Jacket For PY 30-1 Project 110
19.2.18 Aug 08, 2006: CNOOC Inks PSC With Husky 111
19.3 Recent Discoveries 111
19.3.1 Dec 03, 2008: CNOOC Announces Discovery At Jinzhou 25-1 Well In Bohai Bay, China 111
19.3.2 Oct 06, 2008: CNOOC Announces New Oil Discovery At Bozhong (BZ) 35-2 Well In Bohai Bay, China 111
19.3.3 Aug 12, 2008: CNOOC Discovers Oil And Gas In Wildcat Well On BZ 29-5 Structure, China 112
19.3.4 Jul 07, 2008: CNOOC Discovers Oil And Gas In KL 10-1-1 Well, Bohai Bay 112
19.3.5 Nov 22, 2007: CNOOC Hits 10 New Discoveries, Offshore China 112
19.3.6 Mar 19, 2007: CNOOC Declares New Discovery At Bohai Bay 113
19.4 Drilling and Production Updates 113
19.4.1 Dec 12, 2008: CNOOC To Commence Production From Jinzhou 25-1 Oil Field In 2010 113
19.4.2 Oct 27, 2008: Primeline Announces Plans To Explore Lishui 36-1 Well On Block 25/34, China 113
19.4.3 Sep 16, 2008: CNOOCs Platform B Of Phase II Penglai 19-3 Oil Field Comes On Stream Ahead Of Schedule 115
19.4.4 Jul 02, 2008: CNOOC Begins Trial Production At Its Wenchang Oilfields 116
19.4.5 Jun 24, 2008: CNOOC Starts Production On Xijiang 23-1 Field In South China 116
19.4.6 May 06, 2008: Anadarko To Drill Exploration Well In China 116
19.4.7 Apr 25, 2008: DNO Provides Operational Update 117
19.4.8 Jan 29, 2008: CNOOC Announces Rapid Production Growth 118
19.4.9 Dec 25, 2007: CNOOC Announces Startup Of JZ 21-1 Oil And Gas Field 118
19.4.10 Dec 25, 2007: CNOOC Begins Production At BZ 34-1 Field 119
19.4.11 Nov 27, 2007: CNOOCs Announces Startup Of New Platform Of PL 19-3 Oil Field 119
19.4.12 Nov 09, 2007: CNOOC Plans To Double Output From Bohai Field 119
19.4.13 Oct 30, 2007: CNOOC Declares Q3 2007 Production Results 119
19.4.14 Sep 24, 2007: CNOOCs SES Gas Project Phase Starts Production 120
19.4.15 Aug 29, 2007: CNOOC Restarts Production At LH 11-1 Oilfield 121
19.4.16 May 18, 2007: CNOOC Announces Startup Of WZ 11-1 121
19.4.17 Apr 26, 2007: CNOOC Declares Q1 2007 Production Results 122
19.4.18 Nov 10, 2006: CNOOC Updates On JZ 31-6-1 In Bohai Bay 122
19.4.19 Oct 30, 2006: CNOOC Begins Production From WZ 6-1 Oilfield 122
19.4.20 Oct 26, 2006: CNOOC Starts Production In Bohai Bay 123
19.5 Financial Announcements 123
19.5.1 Oct 28, 2008: CNOOC Declares 3Q 2008 Results 123
19.5.2 Aug 27, 2008: CNOOC Declares 1H 2008 Results 124
19.5.3 Apr 28, 2008: CNOOC Declares Q1 2008 Results 124
19.5.4 Mar 27, 2008: CNOOC Declares 2007 Results 124
19.5.5 Mar 29, 2007: CNOOC Declares 2006 Results 125
19.5.6 Oct 31, 2006: CNOOC Declares Q3 2006 Results 126
19.5.7 Aug 29, 2006: CNOOC Declares First Half 2006 Results 126
19.6 Other Significant Developments 127
19.6.1 Nov 24, 2008: CNOOC To Invest CNY200 Billion On Deep-Water Exploration In South China Sea 127
19.6.2 Nov 04, 2008: Primeline Commences Autumn Environmental Survey On Lishui 36-1 Well In Block 25/34, China 128
19.6.3 Oct 06, 2008: CNOOC Starts Construction Of LNG Terminal In Guangdong Province, China 128
19.6.4 Oct 03, 2008: Woodside’s North West Shelf Venture Places Angel Platform On Production 129
19.6.5 Sep 29, 2008: CNOOC Commences Construction Of Barge In China’s Jiangsu Province 129
19.6.6 Sep 23, 2008: CNOOC To Spend CNY7 Billion On Haihua Refinery Expansion 129
19.6.7 Sep 22, 2008: Qalhat Signs LNG Sale Agreement With CNOOC 130
19.6.8 Sep 04, 2008: Total To Sign LNG Deal With China By 2008 Year-End 130
19.6.9 Aug 01, 2008: CNOOC Receives Second LNG Spot Cargo For Its Fujian Terminal 130
19.6.10 Jul 03, 2008: Indonesia Seeks To Negotiate Price Hike In Tangguh LNG 131
19.6.11 Jun 23, 2008: Qatargas Enters Into Agreement With CNOOC 131
19.6.12 Jun 16, 2008: Total And CNOOC Signs MoU To Supply LNG To China 131
19.6.13 May 07, 2008: CNOOC Says Fujian Terminal Receives First LNG Cargo From Egypt 132
19.6.14 May 06, 2008: CNOOC To Invest In Oil And Gas Leases In The US Gulf Of Mexico 132
19.6.15 Apr 25, 2008: China Instructs Oil Producers To Boost Diesel Output 133
19.6.16 Apr 22, 2008: Husky Says Developing Liwan Natural Gas Field May Cost Upto $5 Billion 133
19.6.17 Apr 10, 2008: CNOOC Notifies 17 Oil Blocks For Exploration With Foreign Companies In 2008 133
19.6.18 Apr 09, 2008: CNOOCs First Oil Refinery To Be Completed By October 2008 135
19.6.19 Apr 08, 2008: CNOOC, Iran LNG Contract Delayed On US Concerns 136
19.6.20 Mar 14, 2008: Indonesia To Ask CNOOC To Raise Its Price For LNG 136
19.6.21 Feb 27, 2008: US To Look If CNOOC-Iran Deal Violates US Sanctions 137
19.6.22 Feb 26, 2008: Iran, CNOOC To Sign $16 Billion Gas Deal 137
19.6.23 Jan 25, 2008: CNOOCs Huizhou Refinery To Start Operation In Second Half Of 2008 138
19.6.24 Jan 22, 2008: CNOOC Begins Fujian LNG Terminal Storage Expansion 138
19.6.25 Jan 18, 2008: Talisman, CNOOC Settle Tangguh LNG Lawsuit 138
19.6.26 Dec 17, 2007: Primeline Provides Operational Update 138
19.6.27 Nov 15, 2007: COSLs PT COSL INDO Renews Drilling Service Contract With CNOOC SES 139
19.6.28 Aug 06, 2007: CNOOC Signs PSC With SPC 139
19.6.29 Feb 05, 2007: Primeline Provides Operations Update 139
19.6.30 Jul 10, 2006: CNOOC Makes New Discovery In Bohai Bay 140
19.7 New Contracts Announcements 140
19.7.1 Oct 13, 2008: Awilco Signs LoI With CNOOC For Two Year Drilling Program In China 140
19.7.2 Oct 08, 2008: Petronas Signs Agreement To Supply LNG For CNOOC’s Shanghai Terminal 140
19.7.3 Sep 26, 2008: Songa Signs Contract For Songa Saturn With CNOOC 141
19.7.4 Apr 10, 2008: Qatargas Signs HOA With CNOOC To Supply LNG 141
19.7.5 Mar 25, 2008: COSL Signs Service Contract Worth $56 Million 141
19.7.6 Feb 21, 2008: Primeline Announces Petroleum Extension Contract With CNOOC 142
20 Appendix 143
20.1 What is this Report About? 143
20.2 Methodology 143
20.2.1 Coverage 144
20.2.2 Secondary Research 145
20.2.3 Primary Research 145
20.2.4 E&P Forecasts 145
20.2.5 Midstream Forecasts 148
20.2.6 Expert Panel Validation 148
20.3 Contact Us 149
20.4 About us149
20.5 Disclaimer 149

Executive Summary

1.2 List of Figures
Figure 1: Neste Oil Corporation, Oil and Chemical Storage Operations, Country-Wise, 2000 - 2012 15
Figure 2: Neste Oil Corporation, Value Chain Analysis 29
Figure 3: Neste Oil Corporation, Deals Volume Summary, 2004 to YTD 2008 50
Figure 4: Neste Oil Corporation, Deals Summary by Region, 2004 to YTD 2008 51
Figure 5: Global Markets Direct Methodology 144