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Oil And Gas Supply Demand Outlook In The Europe And Former Soviet Union To 2020

Russia will continue to be the top crude oil producer in Russia and Kazakhstan

, accounting for about 60% of the total production in Europe and the Former Soviet Union (FSU) in 2020 as compared to about 58.5% in 2009. Kazakhstan will emerge as the second largest crude oil producer in the region after Russia. Total crude oil production in Kazakhstan is expected to be about 3188.3 thousand barrels per day (b/d) in 2020, more than double the crude oil production in 2009. Norway and the UK, the other major crude oil producers in the region, are expected to lose some of their share of the total crude oil production in the region by 2020.

Russia currently accounts for about 58% of the total natural gas production in Europe and the FSU. This is expected to continue to increase to about 60% by the end of the forecast period in 2020. Norway, the Netherlands, Turkmenistan, Kazakhstan and Uzbekistan are the other major producers of natural gas in the region. Kazakhstan and Azerbaijan are expected to considerably increase their natural gas production from 2009 to 2020.

For further details, please click or add the below link to your browser:

http://www.gbiresearch.com/Report.aspx?ID=Oil-and-Gas-Supply-Demand-Outlook-in-Europe-and-Former-Soviet-Union-to-2020-Supply-Diversification-Affecting-the-Future-Scenario&ReportType=Industry_Report&coreindustry=ALL&Title=Oil_~_Gas


Russia, Germany and France accounted for about 40% of the total crude oil consumption in Europe and the FSU in 2009. The crude oil consumption in these countries is expected to continue to increase and is expected to account for about 38% of the total crude oil consumption in the region in 2020. The UK, Italy, the Netherlands and Spain are the other major crude oil consuming countries in the region.

GBI Researchs new report, Oil and Gas Supply Demand Outlook in the Europe and Former Soviet Union to 2020 - Supply Diversification Affecting the Future Scenario, provides an in-depth analysis of the oil and gas supply and demand outlook in the Europe and the FSU and highlights the various concerns, shifting trends and concerns in the Europe and the FSU . The report provides forecasts for the production and consumption sectors of the crude oil and natural gas industry to 2020. The report also provides forecasts of the crude oil and natural gas trade balance in Europe and the FSU and highlights the major countries in the region. The report discusses the regulatory structure and infrastructure in the different countries in the region. The report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Researchs team of industry experts.

For further details, please click or add the below link to your browser:

http://www.gbiresearch.com/Report.aspx?ID=Oil-and-Gas-Supply-Demand-Outlook-in-Europe-and-Former-Soviet-Union-to-2020-Supply-Diversification-Affecting-the-Future-Scenario&ReportType=Industry_Report&coreindustry=ALL&Title=Oil_~_Gas

Visit our report store: http://www.gbiresearch.com

For more details contact:

pressreleases@gbiresearch.com

North America: +1 646 395 5477


Europe: +44 207 753 4299

+44 1204 543 533

Asia Pacific: +91 40 6616 6782

by: GBI Research
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