Market Research Report
Hungary Gas Markets, 2012
Published by
GlobalData
Published
June 30, 2012
Product code
138527
Content info
Pages: 93
Price
Abstract
Hungary Gas Markets, 2012
Summary
This profile is the essential source for top-level energy industry data and information. The report provides an overview of each of the key sub-segments of the energy industry in Hungary. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for each of the key sub-segments. It also provides information relating to the natural gas assets (gas fields, pipelines and underground gas storage facilities) in Hungary. The report compares the investment environment in Hungary with other countries in the region. The profiles of the major companies operating in the natural gas sector in Hungary together with the latest news and deals are also included in the report.
Scope
Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for each industry sub-segment for the period 2000-2020.
Historical and forecast data and information for all the major gas fields, pipelines and underground gas storage facilities in Hungary for the period 2005-2016.
Operator and equity details for major natural gas assets in Hungary.
Key information relating to market regulations, key energy assets and the key companies operating in the Hungary's energy industry.
Information on the top companies in the Hungary including business description, strategic analysis, and financial information.
Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.
Key mergers and acquisitions, partnerships, private equity and venture capital investments, and IPOs.
Reasons to buy
Gain a strong understanding of the country's energy market.
Facilitate market analysis and forecasting of future industry trends.
Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
Assess your competitor's major natural gas assets and their performance.
Analyze the latest news and financial deals in the gas sector of each country.
Develop strategies based on the latest operational, financial, and regulatory events.
Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.
Identify and analyze the strengths and weaknesses of the leading companies in the country.
Keywords
Energy Sector, Natural Gas, Import, Export, Production, Consumption, Generation, Reserves, Forecast, Historical, Trends, 2020, Energy, Oil And Gas, Pipeline, LNG, Refining, Demand, Supply, Installed Capacity, Equity Partner, Operator, Length, Capacity, Government Take, Company Profile, SWOT, Business Description, News, Deals.
TOC
1 Table Of Contents
1 Table Of Contents 2
1.1 List of Tables 7
1.2 List of Figures 8
2 Hungary Energy Sector 9
2.1 Hungary Energy Sector, Market Overview 9
2.2 Hungary Energy Sector, Natural Gas 9
2.2.1 Hungary Natural Gas, Overview 9
2.2.2 Hungary Natural Gas, Supply and Demand Balance 10
2.2.3 Hungary Natural Gas, Regulatory Structure 15
2.2.4 Hungary Natural Gas, Infrastructure 16
3 Hungary Gas Upstream Investment Environment Benchmarking 17
3.1 Introduction 17
3.2 The Overall Ranking 17
3.3 Upstream Fiscal Attractiveness 17
3.3.1 Maximum Government Take Index 18
3.3.2 Fiscal Flexibility 19
3.3.3 Maximum State Participation 19
3.4 Gas Sector Performance 19
3.4.1 Exploration Activity 21
3.4.2 Gas Production 22
3.4.3 Gas Reserves 22
3.4.4 Gas Consumption 23
3.5 Economic Performance 23
3.5.1 GDP Growth Index 24
3.5.2 FDI Confidence Index 24
3.5.3 Balance of Trade Index 24
3.6 Socio-Political Performance 25
4 Hungary, Exploration and Production Sector 27
4.1 Hungary Exploration and Production Sector, Country Snapshot 27
4.1.1 Hungary Exploration and Production Sector, Key Data 27
4.1.2 Hungary Exploration and Production Sector, Natural Gas Assets Map 27
4.2 Hungary Exploration and Production Sector, Marketed Natural Gas Production 28
4.2.1 Hungary Exploration and Production Sector, Total Marketed Natural Gas-Historical Production 28
4.2.2 Hungary Exploration and Production Sector, Marketed Natural Gas-Historical Production by Type 29
4.2.3 Hungary Exploration and Production Sector, Marketed Natural Gas Production by Assets 30
4.2.4 Hungary Exploration and Production Sector, Marketed Equity Weighted Natural Gas Production by Company 30
4.2.5 Hungary Exploration and Production Sector, Market Share based on Marketed Natural Gas Production 31
4.3 Hungary Exploration and Production Sector, Production Forecast 32
4.3.1 Hungary Exploration and Production Sector, Marketed Natural Gas Production Forecast 32
4.4 Hungary Exploration and Production Sector, Asset Details 33
4.4.1 Hungary Exploration and Production Sector, Active Natural Gas Field Asset Details 33
4.4.2 Hungary Exploration and Production Sector, Planned Natural Gas Field Asset Details 33
4.5 Hungary Exploration and Production Sector, Major Gas Discoveries 34
4.5.1 Hungary Exploration and Production Sector, Number of Gas Discoveries 34
4.5.2 Hungary Exploration and Production Sector, Gas Discovery Details 35
4.6 Hungary Exploration and Production Sector, Recent Discoveries 35
4.6.1 Apr 18, 2012: Ascent Resources Finds Gas At PEN-105A Sidetrack In Eastern Hungary 35
4.6.2 Jun 23, 2010: INA, MOL Find Gas At Croatia-Hungary Border 36
4.7 Hungary Exploration and Production Sector, Drilling and Production Updates 36
4.7.1 Nov 19, 2010: Ascent Resources To Commence Drilling On Petisovci-Lovaszi Project In Hungary 36
4.7.2 Jun 07, 2010: Ascent Resources Provides Peneszlek Production Update 36
4.7.3 Apr 19, 2010: Ascent Resources Italia Updates On Italy And Hungary Operations 37
4.7.4 Apr 01, 2010: Ascent Resources Updates On PEN-106 Well At Peneszlek Project In Eastern Hungary 37
4.7.5 Feb 09, 2010: Ascent Resources Commences Drilling At PEN-101 Well In Peneszlek Area, Hungary 38
5 Hungary Pipeline Sector 39
5.1 Hungary Pipeline Sector, Key Data 39
5.2 Hungary Pipeline Sector, An Overview 39
5.3 Hungary Pipeline Sector, Comparison of key Natural Gas Pipeline Companies 39
5.4 Hungary Pipeline Sector, Natural Gas Pipelines 41
6 Hungary Underground Gas Storage Sector 44
6.1 Hungary Underground Gas Storage Sector, Key Data 44
6.2 Hungary Underground Gas Storage Sector, An Overview 44
6.3 Hungary Underground Gas Storage Sector, Capacity Market Share By Company 44
6.4 Hungary Underground Gas Storage Sector, Storage Capacity by Area 46
6.5 Hungary Underground Gas Storage Sector, Storage Capacity 47
6.5.1 Hungary Underground Gas Storage Sector, Storage Capacity of Active Terminals 47
7 Profile of MOL Group 48
7.1 MOL Group, Key Information 48
7.2 MOL Group, Company Overview 48
7.3 MOL Group, Business Description 48
7.3.1 Business Overview 48
7.3.2 Exploration and Production 48
7.3.3 Gas and Power 50
7.3.4 Petrochemicals 51
7.3.5 Refining and Marketing 51
7.4 MOL Group, SWOT Analysis 52
7.4.1 Overview 52
7.4.2 MOL Group Strengths 53
7.4.3 MOL Group Weaknesses 54
7.4.4 MOL Group Opportunities 55
7.4.5 MOL Group Threats 56
8 Profile of Exxon Mobil Corporation 57
8.1 Exxon Mobil Corporation, Key Information 57
8.2 Exxon Mobil Corporation, Company Overview 57
8.3 Exxon Mobil Corporation, Business Description 57
8.3.1 Business Overview 57
8.3.2 Chemical 58
8.3.3 Downstream 59
8.3.4 Upstream 60
8.4 Exxon Mobil Corporation, SWOT Analysis 61
8.4.1 Overview 61
8.4.2 Exxon Mobil Corporation Strengths 61
8.4.3 Exxon Mobil Corporation Weaknesses 63
8.4.4 Exxon Mobil Corporation Opportunities 64
8.4.5 Exxon Mobil Corporation Threats 66
9 Profile of JKX Oil & Gas plc 68
9.1 JKX Oil & Gas plc, Key Information 68
9.2 JKX Oil & Gas plc, Company Overview 68
9.3 JKX Oil & Gas plc, Business Description 68
9.3.1 Business Overview 68
9.4 JKX Oil & Gas plc, SWOT Analysis 69
9.4.1 Overview 69
9.4.2 JKX Oil & Gas plc Strengths 70
9.4.3 JKX Oil & Gas plc Weaknesses 70
9.4.4 JKX Oil & Gas plc Opportunities 71
9.4.5 JKX Oil & Gas plc Threats 71
10 Financial Deals Landscape 73
10.1 Detailed Deal Summary 73
10.1.1 Acquisition 73
10.1.2 Debt Offerings 75
10.1.3 Asset Transactions 77
11 Recent Developments 83
11.1 Strategy and Business Expansion 83
11.1.1 Feb 19, 2010: Exxon Mobil, MOL To Exit Agreement In Hungary 83
11.2 Other Significant Developments 83
11.2.1 Mar 08, 2012: DualEx Provides Operations Update 83
11.2.2 Feb 11, 2011: JKX Oil & Gas Updates On Hungary Operations 83
11.2.3 Oct 14, 2010: Arad-Szeged Gas Pipeline Inaugurated: MOL Group 84
11.2.4 Oct 13, 2010: Ascent Resources Announces In-Place Gas Volume Of 412 Bcf For Petisovci-Lovaszi Project 85
11.2.5 Sep 06, 2010: EBRD, EIB And IFC Start Appraisal Of Nabucco Gas Pipeline 86
11.2.6 Aug 04, 2010: OMV Says Final Investment Decision On Nabucco Gas Pipeline By Q1 2011 87
11.2.7 Jun 09, 2010: European Commission Orders Recovery Of EUR112 Million Aid Granted To MOL 87
11.2.8 May 11, 2010: Ascent Resources Completes PEN-106 Well At Peneszlek Project In Eastern Hungary 88
11.2.9 Mar 10, 2010: Ascent Resources Updates On PEN-101 Well In Peneszlek Area, Hungary 88
11.2.10 Mar 05, 2010: Leni Gas & Oil Provides Portfolio Resources Status Update 89
11.2.11 Feb 03, 2010: India, Hungary Sign Oil And Gas Exploration Agreement 89
11.3 New Contracts Announcements 90
11.3.1 Oct 08, 2010: RWE Says Final Investment Decision On Nabucco Gas Pipeline In 2011 90
12 Appendix 91
12.1 Abbreviations 91
12.2 Methodology 91
12.2.1 Coverage 91
12.2.2 Secondary Research 92
12.2.3 Primary Research 92
12.3 Contact Us 92
12.4 Disclaimer 93
List of Tables
1.1 List of Tables
Table 1: Hungary, Historical and Forecast Production and Consumption of Natural Gas, Billion Cubic Feet, 2000-2020 10
Table 2: Hungary, Historical and Forecast of Import of Natural Gas, Billion Cubic Feet, 2000-2020 12
Table 3: Hungary, Historical Reserves of Natural Gas, Billion Cubic Feet, 2000-2011 14
Table 4: Eastern Europe, Investment Benchmarking, Overall Country Rankings, May 2012 17
Table 5: Eastern Europe, Investment Benchmarking, Upstream Fiscal Attractiveness, May 2012 18
Table 6: Eastern Europe, Investment Benchmarking, Gas Sector Performance, May 2012 19
Table 7: Eastern Europe, Investment Benchmarking, Economic Performance, May 2012 23
Table 8: Eastern Europe, Country Standings, Economic Performance, by GDP Growth- FDI Confidence and Production Indices, May 2012 23
Table 9: Eastern Europe, Investment Benchmarking, Socio-Political Performance, May 2012 25
Table 10: Eastern Europe, Country Standings, Socio-Political Performance, by Exploration Growth- FDI Confidence and Governance Indices, May 2012 25
Table 11: Hungary, Natural Gas Key Statistics, 2012 27
Table 12: Hungary, Total Marketed Natural Gas Production (MMcf), 2003-2011 28
Table 13: Hungary, Marketed Natural Gas Production by Type (MMcf), 2003-2011 29
Table 14: Hungary, Marketed Natural Gas Production by Assets (MMcf), 2003-2011 30
Table 15: Hungary, Marketed Equity Weighted Natural Gas Production by Company (MMcf), 2003-2011 30
Table 16: Hungary, Market Share (%) of Key Companies based on Marketed Natural Gas Production, 2003-2011 31
Table 17: Hungary, Marketed Natural Gas Production Forecast by Assets (MMcf), 2012-2016 32
Table 18: Hungary, Active Gas Field Asset Details 33
Table 19: Hungary, Planned Gas Field Assets Details 33
Table 20: Hungary, Number of Gas Discoveries, 2006-2011 34
Table 21: Hungary, Gas Discovery Details, 2006-2011 35
Table 22: Hungary, Pipeline Key Statistics, May 2012 39
Table 23: Hungary, Natural Gas Pipeline Length By Companies (Km), May 2012 39
Table 24: Hungary, Natural Gas Pipelines, May 2012 41
Table 25: Hungary, Natural Gas Pipelines, May 2012 (Contd.1) 42
Table 26: Hungary, Natural Gas Pipelines, May 2012 (Contd.2) 43
Table 27: Hungary, Underground Gas Storage Key Statistics, May 2012 44
Table 28: Hungary, Underground Gas Storage Capacity by Company (MMcf), May 2012 44
Table 29: Hungary, Underground Working Gas Capacity by Area (MMcf), May 2012 46
Table 30: Hungary, Active Underground Gas Storage Capacity (MMcf), May 2012 47
Table 31: MOL Group, Key Facts 48
Table 32: MOL Group, SWOT Analysis 53
Table 33: Exxon Mobil Corporation, Key Facts 57
Table 34: Exxon Mobil Corporation, SWOT Analysis 61
Table 35: JKX Oil & Gas plc, Key Facts 68
Table 36: JKX Oil & Gas plc, SWOT Analysis 69
Table 37: Hungary Government Acquires 21% Stake In MOL 73
Table 38: Leni Gas & Oil To Sell Its Interests In PetroHungaria And ZalaGasCo 74
Table 39: MOL Completes Public Offering Of 7% Bonds Due 2014 For $59.7 Million 75
Table 40: MOL Completes Offering Of 6% Fixed Rate Bond Notes For $23.9 Million 76
Table 41: MOL Completes Offering Of 5.875% Fixed Rate Eurobond Notes Due 2017 For $1,018 Million 76
Table 42: Naftna Industrija Srbije To Acquire Interest Within Mako Production License In Hungary From TXM Oil and Gas Exploration 77
Table 43: Ascent Resources Completes Sale Of 20.17% Interest In Nyirseg Szatmar Permit To Hungarian Horizon Energy And JKX Oil 78
Table 44: DualEx Energy Sells 12.5% Interest In Nyirseg Szatmar Permit In Hungary 80
Table 45: Ascent Resources Acquires 60% Interest In Igal-II Exploration Permit 81
Table 46: Winstar Hungary Sells Its 100% Interest In Igal ll Exploration Permit 82
List of Figures
1.2 List of Figures
Figure 1: Hungary, Primary Energy Consumption Split by Fuel Type (%), 2011 9
Figure 2: Hungary, Historical and Forecast Production and Consumption of Natural Gas, Billion Cubic Feet, 2000-2020 11
Figure 3: Hungary, Historical and Forecast Export and Import of Natural Gas, Billion Cubic Feet, 2000-2020 13
Figure 4: Hungary, Historical Reserves of Natural Gas , Billion Cubic Feet, 2000-2011 15
Figure 5: Eastern Europe, Country Standings, Upstream Fiscal Attractiveness, May 2012 18
Figure 6: Eastern Europe, Country Standings, Gas Sector Performance, by Reserves-Exploration & Production, May 2012 20
Figure 7: Eastern Europe, Country Standings, Gas Sector Performance, by Production & Consumption, May 2012 21
Figure 8: Eastern Europe, Country Standings, Number Exploration Blocks Awarded, May 2012 22
Figure 9: Eastern Europe, Country Standings, Economic Performance, by GDP Growth-FDI Confidence and Production Indices, May 2012 24
Figure 10: Eastern Europe, Country Standings, Socio-Political Performance, by Exploration Growth- FDI Confidence and Governance Indices, May 2012 26
Figure 11: Hungary, Natural Gas Assets Map, May 2012 27
Figure 12: Hungary, Total Marketed Natural Gas Production (MMcf), 2003-2011 28
Figure 13: Hungary, Marketed Natural Gas Production by Type (MMcf), 2003-2011 29
Figure 14: Hungary, Marketed Equity Weighted Natural Gas Production by Key Companies (MMcf), 2003-2011 31
Figure 15: Hungary, Market Share (%) of Key Companies based on Marketed Natural Gas Production, 2011 32
Figure 16: Hungary, Number of Gas Discoveries, 2006-2011 34
Figure 17: Hungary, Natural Gas Pipeline Length by Company (Km), May 2012 40
Figure 18: Hungary, Underground Gas Storage Market Share (%) by Company, May 2012 45
Figure 19: Hungary, Underground Working Gas Capacity by Area (%), May 2012 46
Hungary Gas Markets, 2012 published by GlobalData in June 30, 2012. This report consists of Pages: 93 and the price starts from US $ 2500.
The contents of this page may be different from the latest version. Please contact us for details.
Int'l +1-860-674-8796
Toll Free (US) +1-866-353-3335
Europe +32-2-535-7543
Asia Pacific +65-6223-2436