马来西亚石油天然气行业市场前景及投资研究报告-培训课件外文版2024.4

INDUSTRIES

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MARKETSOilandgasindustryinMalaysiaCHAPTER

01OverviewOilproductionintheAsia-Pacificregionin2022,bycountryorterritory(in1,000barrelsperday)OilproductionAPAC2022,bycountryOilproductioninthousandsofbarrelsperday1,500

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2,50005001,0003,0003,5004,0004,500ChinaIndia4,111737644567IndonesiaMalaysiaAustraliaThailandVietnamBrunei42033119417792Others4/statistics/611139/oil-production-in-the-asia-pacific-by-countryChinawasthelargestproducerofoilintheAsia-Pacificregion,asthecountryproducedoverfourmillionbarrelsofoilperdayin2022.Inthesameyear,Indiaproducedthesecondhighestamountofoil,producing737thousandbarrelsperday.

ReadmoreNote(s):Asia,APAC;2022Source(s):EnergyInstitute;Kearney;KPMGOilconsumptionintheAsia-Pacificregionin2022,bycountryorterritory(in1,000barrelsperday)OilconsumptionAPAC2022,bycountryOilconsumptioninthousandsofbarrelsperday6,000

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10,00002,0004,00012,00014,00016,000MainlandChinaIndia14,2955,185Japan3,3372,858SouthKoreaIndonesiaThailandSingaporeAustraliaTaiwanMalaysiaVietnamPakistanPhilippines1,5851,2771,1991,0089098945154894515Description:In2022,ChinaisthelargestconsumerofoilintheAsia-Pacificregion,withthecountryconsumingaround14.4millionbarrelsofoilperday.Inthesameyear,Indiaconsumedapproximately5.3millionbarrelsofoilperday,makingitthesecondlargestconsumerofoilintheregion.ReadmoreNote(s):Asia,APAC;2022Source(s):EnergyInstitute;Kearney;KPMGCountrieswithlargestliquefiednaturalgas(LNG)exportcapacityinoperationworldwideasofOctober2023(inmillionmetrictonsperyear)GlobaloperationalLNGexportcapacitybycountry2023Capacityinmillionmetrictonsperyear0102030405060708090100UnitedStatesAustralia92.987.6Qatar77.4Russia31.1Algeria25.323.3IndonesiaNigeria23Malaysia21.9Egypt12.212TrinidadandTobago6Description:TheUnitedStateshasthegreatestLNGexportcapacityofanycountryworldwide.AsofOctober2023,U.S.terminalsforliquefiednaturalgasexportshadacombinedcapacityof92.9millionmetrictonsperyear.In2022,theUnitedStateswasthethird-largestLNGexportingcountry,behindQatarandAustralia.However,anincreaseinshipmentstoEuropeisexpectedtohaveseentheU.S.takethetopspotfor2023.

ReadmoreNote(s):Worldwide;October2023Source(s):GlobalEnergyMonitorNaturalgasproductionintheAsia-Pacificregion2022,bycountry(inexajoules)NaturalgasproductionAPAC2022,bycountryProductioninexajoules4012356789MainlandChinaAustraliaMalaysiaIndonesiaIndia7.995.52.972.081.071.03PakistanThailandBangladeshMyanmarBrunei0.920.840.610.380.28VietnamOthers0.867Description:In2022,ChinawasthelargestproducerofnaturalgasintheAsia-Pacificregionwithaproductionof7.99exajoules.Inthesameyear,Australiaproducedaround5.5exajoulesofnaturalgas,makingitthesecondbiggestproducerintheregion.

ReadmoreNote(s):Asia,APAC;2022Source(s):EnergyInstitute;Kearney;KPMGNaturalgasconsumptionintheAsia-Pacificregionin2022,bycountryorterritory(inbillioncubicmeters)NaturalgasconsumptionAPAC2022,bycountryConsumptioninbillioncubicmeters150

200050100250300350400ChinaJapan375.7100.5SouthKoreaIndia61.958.249.444.341.638.43729.228.1MalaysiaThailandAustraliaPakistanIndonesiaBangladeshTaiwanSingaporeVietnam13.17.88Description:In2022,ChinawasthelargestconsumerofnaturalgasintheAsia-Pacificregion,producingaround376billioncubicmetersofnaturalgas.Inthesameyear,Japanconsumedthesecondlargestamountofnaturalgasintheregion,withaconsumptionofaround100billioncubicmeters.ReadmoreNote(s):Asia,APAC;2022Source(s):EnergyInstitute;Kearney;KPMGCHAPTER

02OilproductionShareofcrudeoilandcondensatesectortothegrossdomesticproduct(GDP)inMalaysiafrom2015to2022ShareofcrudeoilindustrytotheGDPinMalaysia2015-20226.0%4.9%5.0%4.0%3.0%2.0%1.0%0.0%4.3%4.2%4.2%4%3.7%3.6%2.8%2015201620172018201920202021*2022**10Description:In2022,thecrudeoilandcondensatesectorwasestimatedtocontribute4.3percenttoMalaysia'sgrossdomesticproduct(GDP),anincreasecomparedtothe3.6percentshareoftheGDPinthepreviousyear.Thecrudeoilindustry'ssharetothecountry'sGDPhasbeendecliningsince2018,whenitwasat4.9percent.ReadmoreNote(s):Malaysia;2015to2022;*Estimate.**Preliminary.ReadmoreSource(s):StatisticsMalaysiaOilproductioninMalaysiafrom2013to2022(in1,000barrelsperday)OilproductioninMalaysia2013-20228007267187136966727006005004003002001000649627622577567201320142015201620172018201920202021202211Description:In2022,Malaysiaproducedapproximately567thousandbarrelsofoilperday,adecreasefrom622thousandbarrelsofdailyoilproductioncapacityin2020.Althoughtheamountofoilproductioninthecountryhasbeendecliningsince2020,MalaysiawasstillthefourthbiggestoilproduceramongcountriesintheAsiaPacificandthesecondbiggestinSoutheastAsiaafterIndonesia.ReadmoreNote(s):Malaysia;2013to2022;*Oilproduction(accordingtothesource)"includescrudeoil,tightoil,oilsandandNGLs(liquidcontentofnaturalgaswherethisisrecoveredseparately).Excludesliquidfuelsfromothersourcessuchasbiomass[...]

ReadmoreSource(s):EnergyInstitute;Kearney;KPMGProductionoffueloilinMalaysiafrom2014to2023(inmillionmetrictons)ProductionoffueloilinMalaysia2014-20233.53.183.012.913.02.52.01.51.00.50.02.82.72.642.122.061.991.94201420152016201720182019202020212022202312/statistics/718976/fuel-oil-production-malaysiaIn2022,approximately1.94millionmetrictonsoffueloilwereproducedinMalaysia,aslightdecreasecomparedtonearlytwomillionmetrictonsproducedinthepreviousyear.Theproductionoffueloilinthecountryhasbeenfluctuatingovertheyears.ReadmoreNote(s):Malaysia;2014to2023Source(s):StatisticsMalaysiaTotalcrudeoilandcondensatesreservesinMalaysiafrom2001to2021(inbillionbarrels)OilandcondensatesreservesinMalaysia2001-20216.56.05.955.915.865.855.85.795.525.465.55.04.54.03.53.05.35.255.034.834.734.684.554.554.534.434.324.233.392001

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202113Description:Asoftheendof2021,Malaysiahadapproximately4.43billionbarrelsworthofcrudeoilandcondensatesreservesleft,adecreasecomparedto4.53billionbarrelsinthepreviousyear.In2023,theproductionoffueloilinthecountryamountedtonearlytwomillionmetrictons.ReadmoreNote(s):Malaysia;2001to2021Source(s):EnergyCommission(Malaysia)OilrefiningcapacityinMalaysiafrom2013to2022(in1,000barrelsperday)OilrefiningcapacityinMalaysia2013-20221,2001,0008009559556256256256256126126126186004002000201320142015201620172018201920202021202214/statistics/1363372/malaysia-oil-refining-capacityIn2022,Malaysiahadtheoilrefiningcapacityof955thousandbarrelsdaily,anincreasefrom625thousandbarrelsdailyin2020.OilrefinerycapacityinMalaysiahadbeenincreasingsince2012,whenitwasat606thousandbarrelscapacityperday.

ReadmoreNote(s):Malaysia;2013to2022Source(s):EnergyInstitute;Kearney;KPMGCHAPTER

03NaturalgasproductionShareofnaturalgassectortothegrossdomesticproduct(GDP)inMalaysiafrom2015to2022ShareofnaturalgasindustrytotheGDPinMalaysia2015-20226%5%5%4.2%4%3.9%3.9%4%3%2%1%0%3.7%3.7%3.4%2015201620172018201920202021*2022**16Description:In2022,thenaturalgassectorwasestimatedtocontributefivepercenttoMalaysia'sgrossdomesticproduct(GDP),anincreasecomparedtothe3.9percentshareoftheGDPinthepreviousyear.Thenaturalgasindustry'sshareoftheGDPhasbeendecliningfrom2015to2020.ReadmoreNote(s):Malaysia;2015to2022;*Estimate.**Preliminary.ReadmoreSource(s):StatisticsMalaysiaNaturalgasproductioninMalaysiafrom2013to2022(inbillioncubicmeters)NaturalgasproductioninMalaysia2013-2022908082.479.67877.576.876.776.172.672.272.2706050403020100201320142015201620172018201920202021202217Description:In2022,Malaysiaproducedapproximately82.4billioncubicmetersofnaturalgas,anincreasefrom78billioncubicmeterstheyearbefore.Onaverage,Malaysiaproducedaround73billioncubicmetersofnaturalgasannually.

ReadmoreNote(s):Malaysia;2013to2022;*Thedatasetexcludesgasflaredorrecycled.IncludesnaturalgasproducedforGas-to-Liquidstransformation.ReadmoreSource(s):EnergyInstitute;Kearney;KPMGTotalnaturalgasreservesinMalaysiain2021,byregion(intrillioncubicfeet)NaturalgasreservesinMalaysia2021byregion5046.114540353025201510520.259.680SarawakPeninsularMalaysiaSabah18/statistics/1363365/natural-gas-reserves-by-regionAsoftheendof2021,therewerearound76trillioncubicfeetofnaturalgasreservesleftinMalaysia,ofwhichabout46,11trillioncubicfeetwasinSarawak,EastMalaysia.MalaysiaisthethirdlargestnaturalgasproducerintheAsiaPacificregion.

ReadmoreNote(s):Malaysia;2021Source(s):EnergyCommission(Malaysia)CHAPTER

04OiltradeExportvalueofcrudepetroleumfromMalaysiafrom2014to2023(inbillionMalaysianringgit)ExportvalueofcrudepetroleumMalaysia2014-2023403536.6532.7231.8528.733025201510528.2626.3526.0822.3218.8418.370201420152016201720182019202020212022202320Description:In2023,theexportvalueofcrudepetroleuminMalaysiawasvaluedatapproximately28.73billionMalaysianringgit,andecreasecomparedto31.85billionMalaysianringgitinthepreviousyear.Theexportvalueofcrudepetroleumwasatitshighestin2018,atapproximately36.65billionMalaysianringgit.ReadmoreNote(s):Malaysia;2014to2023Source(s):StatisticsMalaysiaExportvolumeofcrudepetroleumfromMalaysiafrom2014to2023(inmillionmetrictons)ExportvolumeofcrudepetroleumfromMalaysia2014-20231816.515.9115.6815.7416141210813.0912.5612.459.318.98.926420201420152016201720182019202020212022202321Description:In2023,theexportvolumeofcrudepetroleumfromMalaysiatotaledapproximately9.31millionmetrictons,anincreasefromaround8.92millionmetrictonsinthepreviousyear.TheexportvolumeofcrudepetroleumfromMalaysiahasbeenincreasingforthepasttwoyears.ReadmoreNote(s):Malaysia;2014to2023Source(s):StatisticsMalaysiaShareofpetroleumexportsfromMalaysiain2021,bycountryofdestinationShareofpetroleumexportsfromMalaysiain2021,bycountryofdestinationShareofexports15%0%5%10%20%25%30%35%AustraliaThailandChina30.4%16.3%12.7%11.4%11.4%IndiaBruneiJapan6.68%SingaporePhilippinesNewZealandIndonesiaPakistan4.56%2.24%2.06%1.37%0.53%22Description:In2021,approximately30.4percentofcrudepetroleumexportsfromMalaysiawenttoAustralia,makingitthemainimportcountryofMalaysianoil.ThailandandChinawerethesecondandthirddestinationcountriesofcrudepetroleumfromMalaysia,with16.3percentand12.7percentofexportsharerespectively.ReadmoreNote(s):Malaysia,APAC;2021Source(s):TheObservatoryofEconomicComplexityImportvalueofcrudepetroleuminMalaysiafrom2016to2022(inbillionMalaysianringgit)ImportvalueofcrudepetroleuminMalaysia2016-2022605040302052.9425.2421.65201818.54202016.58201714.13202111.7420161002019202223/statistics/1360339/malaysia-import-value-of-crude-petroleumIn2022,theimportvalueofcrudepetroleumtoMalaysiaamountedtoapproximately52.94billionMalaysianringgit.Thisshowedasignificantincreasecomparedtoaround14.13billionMalaysianringgitofimportedcrudepetroleuminthepreviousyear.ReadmoreNote(s):Malaysia;2016to2022Source(s):StatisticsMalaysiaImportvolumeofcrudepetroleuminMalaysiafrom2016to2022(inmillionmetrictons)ImportvolumeofcrudepetroleuminMalaysia2016-202218161415.4312.7811.961210.199.99.981086.436420201620172018201920202021202224Description:In2022,theimportvolumeofcrudepetroleumtoMalaysiaamountedtomorethan15millionmetrictons,anincreasebymorethantwicecomparedtotheimportvolumeinthepreviousyear.Theimportvolumeofcrudeoilinthecountryhadbeenfluctuatingduringtheobservedperiod.ReadmoreNote(s):Malaysia;2016to2022Source(s):StatisticsMalaysiaCHAPTER

05GastradeExportvalueofliquefiednaturalgas(LNG)fromMalaysiafrom2013to2022(inbillionMalaysianringgit)Exportvalueofliquefiednaturalgas(LNG)Malaysia2013-202280706863.7559.57605040302010044.642.3242.4841.4238.1932.7129.87202020132014201520162017201820192021202226Description:In2022,theexportvalueofliquefiednaturalgas(LNG)inMalaysiawasvaluedatapproximately68billionMalaysianringgit,anincreasebynearly30billionMalaysianringgitcomparedtothepreviousyear.TheexportvalueofLNGinthecountrywasatitshighestinthepastdecade.ReadmoreNote(s):Malaysia;2013to2022Source(s):StatisticsMalaysiaExportvolumeofliquefiednaturalgasfromMalaysiafrom2013to2022(inmillionmetrictons)ExportvolumeofliquefiednaturalgasfromMalaysia2013-20223027.3226.7925.525.0924.8724.824.8724.723.9624.082520151050201320142015201620172018201920202021202227Description:In2022,theexportvolumeofliquefiednaturalgasfromMalaysiatotaledapproximately27.32millionmetrictons,anincreasefromaround24.7millionmetrictonsinthepreviousyear.Theexportvolumeofliquefiednaturalgashasremainedsomewhatsteadysince2013.ReadmoreNote(s):Malaysia;2013to2022Source(s):StatisticsMalaysiaLiquefiednaturalgas(LNG)exportsfromMalaysiain2022,bycountryofdestination(inbillioncubicmeters)ExportsofLNGfromMalaysiain2022,bycountryofdestination1816.316141210.2107.5864202.20.80.10.10.1JapanChinaSouthKoreaThailandTaiwanOtherAsiaPacificIndiaSingapore28Description:In2022,Malaysiaexportedthemostamountofliquefiednaturalgas(LNG)toJapanwithavolumeofapproximately16.3billioncubicmeters,Chinawasthesecondleadingdestinationwitharound10.2billioncubicmetersofLNGexports.Inthesameyear,MalaysiaexportedLNGwortharound38billionMalaysianringgit.ReadmoreNote(s):Malaysia,APAC;2022Source(s):EnergyInstitute;Kearney;KPMGVolumeofliquefiednaturalgas(LNG)importedtoMalaysiafrom2013to2022(inbillioncubicmeters)VolumeofLNGimportsinMalaysia2013-20224.03.53.02.53.83.63.32.42.22.2222.01.51.00.50.01.81.5201320142015201620172018201920202021202229Description:In2022,Malaysiaimportedatotalof3.8billioncubicmetersofliquefiednaturalgas(LNG),anincreasecomparedto2.4billioncubicmetersinthepreviousyear.ImportsofLNGtoMalaysiahasbeenincreasingsince2019,andreacheditshighestvolumein2022.ReadmoreNote(s):Malaysia;2013to2022Source(s):EnergyInstitute;Kearney;KPMGCHAPTER

06NationaloilandgascompanyBrandvalueofPetronasBerhadfrom2014to2023(inbillionU.S.dollars)BrandvalueofPetronasMalaysia2014-202316141210815.2213.613.3212.712.0511.510.610.029.489.166420201420152016201720182019202020212022202331Description:In2023,PetroliamNasionalBerhadorPetronas,Malaysia'sbiggestoilandgascompany,hadabrandvalueworth12.7billionU.S.dollars,aslightdecreasefrom13.6billionU.S.dollarstheyearbefore.ThegovernmentownedcompanyholdsexclusiveownershipofMalaysia'spetroleumresources.ReadmoreNote(s):Malaysia;2014to2023Source(s):BrandFinanceRevenueofPetronasGroupBhdfromfiscalyear2013to2022(inbillionMalaysianringgit)RevenueofPetronasMalaysia2013-2022400375.2735030025020015010050329.1317.3250.98247.96240.3235223.6195.1178.70201320142015201620172018201920202021202232/statistics/1022805/revenue-petronasIn2022,PetroliamNasionalBerhad(Petronas),Malaysianleadingoilandgascompany,recordedatotalof375billionMalaysianringgitinrevenue.Thecompanysufferedadecreasefrom2019to2020,witharevenueof178.7billionMalaysianringgit.ReadmoreNote(s):Malaysia;2013to2022;thecompany'sfiscalyearendsonDecember31Source(s):PetronasProfitaftertaxofPetronasGroupBhdfromfiscalyear2013to2022(inbillionMalaysianringgit)ProfitaftertaxofPetronasMalaysia2013-2022120100101.628065.66055.3150.8747.645.5240.54023.820.821200201320142015201620172018201920202021202233Description:In2022,theprofitaftertaxofPetroliamNasionalBerhad(Petronas),Malaysianleadingoilandgascompany,was101.2billionMalaysianringgit,anincreasefrom21billionMalaysianringgitin2020.Thecompany'srevenueinfiscalyear2022reached375billionMalaysianringgit.ReadmoreNote(s):Malaysia;FY2013toFY2022;thecompany'sfiscalyearendsonDecember31Source(s):PetronasTotalassetsofPetronasGroupBhdfromfiscalyear2013to2022(inbillionMalaysianringgit)TotalassetsofPetronasMalaysia2013-2022800700600710.6636.31635622.4603.4599.85591.8574.1537.5528.75004003002001000201320142015201620172018201920202021202234Description:In2022,totalassetvalueofPetroliamNasionalBerhad(Petronas),leadingoilandgascompanyinMalaysia,amountedto710.6billionMalaysianringgit,anincreasefrom635billionMalaysianringgitlastyear.Thecompanyrecordedarevenueof375billionMalaysianringgitin2022.ReadmoreNote(s):Malaysia;FY2013toFY2022;thecompany'sfiscalyearendsonDecember31Source(s):PetronasCHAPTER

07ConsumptionPrimaryenergyconsumptioninMalaysiain2022,bytypeoffuel(inexajoules)PrimaryenergyconsumptioninMalaysiain2022,byfueltype2.01.781.731.81.61.41.21.00.80.60.40.20.00.940.310.09NaturalgasOilCoalHydroelectricityRenewables36Description:In2022,Malaysiaconsumedthemostenergyfromnaturalgasresources,with1.78exajoules,followedbyoilasthesecondhighestwith1.73exajoulesconsumedinthesameyear.Renewableenergysourcesmadeup0.09exajoulesofalltheprimaryenergyconsumptioninMalaysia.ReadmoreNote(s):Malaysia;2022Source(s):EnergyInstitute;Kearney;KPMGOilconsumptioninMalaysiafrom2013to2022(inthousandsofbarrelsperday)OilconsumptioninMalaysia2013-20221,0009009218828478108058148078038007006005004003002001000762742201320142015201620172018201920202021202237Description:In2022,approximately921thousandbarrelsofoilwereconsumeddailyinMalaysia.Thevaluesprovidedaremeasuredinthousandsofbarrelsaday.

ReadmoreNote(s):Singapore;2013to2022;*Inlanddemandplusinternationalaviationa