Table of Contents
Executive Summary — 7 SWOT
Analysis — 9 Vietnam Political
SWOT — 9 Vietnam Economic SWOT — 10
Vietnam Business Environment SWOT — 11 Vietnam Energy
Market Overview — 12 Regional Energy Market
Overview — 15 Oil Supply And
Demand — 15 Table: Asia Pacific Oil Consumption
(000b/d) — 16 Table: Asia Pacific Oil Production
(000b/d) — 17 Oil: Downstream — 18
Table: Asia Pacific Oil Refining Capacity (000b/d) — 18
Gas Supply And Demand — 19 Table: Asia Pacific Gas
Consumption (bcm) — 19 Table: Asia Pacific Gas Production
(bcm) — 20 Liquefied Natural Gas — 21
Table: Asia Pacific LNG Exports/(Imports) (bcm) — 21
Business Environment Ranking — 22 Asia Pacific
Region — 22 Composite Scores — 22
Table: Regional Upstream Business Environment Rating — 23
Table: Regional Downstream Business Environment
Rating — 24 Upstream Scores — 24
Downstream Scores — 25 Vietnam Upstream Rating –
Overview — 25 Vietnam Upstream Rating – Potential
Returns — 25 Vietnam Upstream Rating – Risks To
Potential Returns — 25 Vietnam Downstream Rating –
Overview — 26 Vietnam Downstream Rating – Potential
Returns — 26 Vietnam Downstream Rating – Risks To
Potential Returns — 26 Business
Environment — 27 Legal Framework — 27
Infrastructure — 29 Labour Force — 29
Foreign Investment Policy — 31 Tax
Regime — 33 Security Risk — 34
Industry Forecast Scenario — 35 Oil And Gas
Reserves — 35 Oil Supply And
Demand — 35 Gas Supply And Demand — 37
Refining/Oil Products Trade — 38 Revenues/Import
Costs — 40 Table: Vietnam Oil & Gas – Historical
Data & Forecasts — 41 Other
Energy — 42 Table: Vietnam Other Energy – Historical
Data & Forecasts — 45 Key Risks To Forecast
Scenario — 46 Long-Term Energy
Outlook — 46 Macroeconomic
Outlook — 47 Table: Vietnam - Economic Activity, 2006
– 2013 — 50 Competitive
Landscape — 51 Executive Summary — 51
Table: Key Players – Vietnam Oil & Gas Sector — 52
Overview/State Role — 52 Table: Key Upstream
Players — 53 Table: Key Downstream
Players — 54 Company Monitor — 55
PetroVietnam — 55 BP Vietnam — 59
Petronas Vietnam — 61
Zarubezhneft — 64 Vietgazprom –
Summary — 66 ConocoPhillips –
Summary — 66 Idemitsu Kosan –
Summary — 67 KNOC – Summary — 67
Chevron – Summary — 67 Talisman Energy –
Summary — 68 Premier Oil –
Summary — 69 SOCO International –
Summary — 69 Total –
Summary — 70 Others –
Summary — 70 Glossary of Terms — 73
Oil & Gas Ratings: Revised Methodology — 74
Introduction — 74 Ratings
Overview — 74 Table: BMI Oil & Gas Business Environment
Ratings: Structure — 75
Indicators — 76 Table: BMI Oil & Gas Business Environment
Upstream Ratings: Methodology — 76 Table: BMI Oil & Gas
Business Environment Downstream Ratings: Methodology — 77
Oil & Gas Outlook: Long-Term Forecasts — 79 Regional Oil
Demand — 79 Table: Asia Pacific Oil Consumption
(000b/d) — 79 Regional Oil Supply — 80
Table: Asia Pacific Oil Production (000b/d) — 80 Regional
Refining Capacity — 81 Table: Asia Pacific Oil Refining
Capacity (000b/d) — 81 Regional Gas
Demand — 82 Table: Asia Pacific Gas Consumption
(bcm) — 82 Regional Gas Supply — 83
Table: Asia Pacific Gas Production (bcm) — 83 Vietnam
Country Overview — 83 Methodology & Risks To
Forecasts — 84 BMI Forecast
Modelling — 85 How We Generate Our Industry
Forecasts — 85 Energy Industry — 85
Cross checks — 86 Sources — 86
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