Table of Contents
Executive Summary — 7 SWOT
Analysis — 9 Brazil Political SWOT — 9
Brazil Economic SWOT — 10 Brazil Business Environment
SWOT — 11 Brazil Energy Market
Overview — 12 Regional Energy Market
Overview — 17 Oil Supply And
Demand — 17 Table: Latin America Oil Consumption
(000b/d) — 18 Table: Latin America Oil Production
(000b/d) — 19 Oil: Downstream — 20
Table: Latin America Oil Refining Capacity (000b/d) — 20
Gas Supply And Demand — 21 Table: Latin America Gas
Consumption (bcm) — 21 Table: Latin America Gas Production
(bcm) — 21 Liquefied Natural Gas — 22
Table: Latin America LNG Exports/(Imports) (bcm) — 22
Business Environment Ranking — 23 Latin America
Region — 23 Composite Scores — 23
Table: Regional Upstream Business Environment Rating — 24
Table: Regional Downstream Business Environment
Rating — 25 Upstream Scores — 25
Downstream Scores — 25 Brazil Upstream Rating –
Overview — 26 Brazil Upstream Rating – Potential
Returns — 26 Brazil Upstream Rating – Risks to
Potential Returns — 26 Brazil Downstream Rating –
Overview — 27 Brazil Downstream Rating – Potential
Returns — 27 Brazil Downstream Rating – Risks to
Potential Returns — 27 Business
Environment — 28 Legal Framework — 28
Infrastructure — 29 Labour Force — 30
Foreign Investment Policy — 31 Tax
Regime — 32 Security Risk — 32
Industry Forecast Scenario — 34 Oil And Gas
Reserves — 34 Oil Supply And
Demand — 35 Gas Supply And Demand — 36
Liquefied Natural Gas — 37 Refining And Oil Products
Trade — 38 Revenues/Import Costs — 39
Table: Brazil’s Oil & Gas Sector – Historical Data &
Forecasts — 40 Other Energy — 41
Table: Brazil Other Energy – Historical Data &
Forecasts — 45 Key Risks To BMI’s Forecast
Scenario — 45 Long-Term Oil & Gas
Outlook — 45 Macroeconomic
Outlook — 46 Table: Brazil - Economic
Activity — 48 Competitive
Landscape — 49 Executive Summary — 49
Table: Key Players In Brazil’s Oil & Gas Sector — 50
Overview/State Role — 50 Table: Key Upstream Players In
Brazil’s Oil & Gas Sector — 54 Table: Key Downstream
Players In Brazil’s Oil & Gas Sector — 54 Company
Monitor — 55 Petróleo Brasileiro SA –
Petrobras — 55 Shell Brasil — 65
Repsol YPF Brasil — 69 Esso Brasileira de
Petróleo — 72 Chevron Brasil — 75
Ultrapar Participações (Grupo Ultra) — 78 BG do
Brasil — 80 BP Brasil — 84
StatoilHydro do Brasil — 86 Galp Energia -
Summary — 89 Eni - Summary — 89 Mitsui
– Summary — 90 Devon –
Summary — 90 Cosan –
Summary — 91 Vale – Summary — 91
Anadarko – Summary — 92 Glossary of
Terms — 94 Oil & Gas Ratings: Revised
Methodology — 95 Introduction — 95
Ratings Overview — 95 Table: BMI Oil & Gas Business
Environment Ratings: Structure — 96
Indicators — 97 Table: BMI Oil & Gas Business Environment
Upstream Ratings: Methodology — 97 Table: BMI Oil & Gas
Business Environment Downstream Ratings: Methodology — 98
Oil & Gas Outlook: Long-Term Forecasts — 100 Regional Oil
Demand — 100 Table: Latin America Oil Consumption
(000b/d) — 100 Regional Oil
Supply — 101 Table: Latin America Oil Production
(000b/d) — 101 Regional Refining
Capacity — 102 Table: Latin America Oil Refining Capacity
(000b/d) — 102 Regional Gas
Demand — 103 Table: Latin America Gas Consumption
(bcm) — 103 Regional Gas Supply — 104
Table: Latin America Gas Production (bcm) — 104 Brazil
Country Overview — 104 Methodology & Risks To
Forecasts — 105 BMI Forecast
Modelling — 106 How We Generate Our Industry
Forecasts — 106 Energy Industry — 106
Cross checks — 107 Sources — 107
|