Philippines Oil and Gas Report Q1 2014

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Philippines Oil and Gas Report Q1 2014 Nov 6th 2013, 00:00 Price: $ 1295   BMI View: The Philippines' oil and gas outlook is a relatively positive one, marked by an expected shortterm increase in both liquids and gas production, although it will still be insufficient to meet growing domestic demand. Longer-term growth will be dependent on results from ongoing and short-term exploration. Consumption is also expected to rise on the back of economic growth, and the government's promotion of gas use. However, we note that infrastructure and supply constraints could limit the country's gas demand growth in the longer term. The need to build up its gas infrastructure considerably provides a market opportunity for the midstream. The main trends and developments we highlight for the Philippines' oil and gas sector are: ? Total liquids production is set to rise, with new vo ... Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/292512.html

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