Hubert de Mestier du Bourg
1986-2006: Historical considerations (politics and money) – the two oil crisis, OPEC and Non-OPEC Countries. Other important political blocks (OECD). Interactions. Sea-lane chokepoints.
Relationship economic growth – energy consumption / Energy dependency (Korea), Industrialization, Globalization – Japan paradox – Pollution – The cases of China and Japan. US Dollar economy.
World population and Asia.
Japan Energy Policy, history and perspectives.
Kyoto Protocol – quick survey of solutions
(consumption decrease, CO2 capture and sequestration).
(quick approach)
Cooperation / competition.
TOTAL strategy in a global environment.
(Korea, Japan, Taiwan, China)
Evolution, of the mix. (quick survey)
China: current status of energy resources and strategic countermeasures.
Energy infrastructure development.
Film: Alwynn (North Sea)
The formation of hydrocarbons (coal, oil, gas) – geology – chemical structure – sour crudes/ sweet crudes , API classification – heavy crudes
Geographical repartition of main sedimentary basins (maps)
Proved oil reserves (proved, probable, potential)
Peak oil? Heavy oil, Oil sands. Energy efficiency improvement, diversification.
(oil and gas)
Considerations and overview: Technical explanations
Exploration / production (upstream) costs evolution.
Legal context : PSC Contracts, Conventional system
The fight for mining rights. National oil companies (JOGMEC)
Basic notions. Refining adapted to market. (Japan)
Example (indications):
Refining industry in Thailand
Receivable: Asia Pacific data book: Refinery configuration and construction
Significance of OPEC in overall world oil production and in world energy demand.
Asia: India, South Korea, Japan, Malaysia, China, Indonesia
Middle East: ADNOC (UAE), ADGLC (UAE), QP (Qatar), Qatar Gas, Oman, NIOC (Iran), --- IEA study – GAZPROM.
Their role in promoting hydrocarbon research, development and storage.
Oil stockpile in Asia.
Sinochem, Sinopec (PRC), CNOOC (PRC), JNOC-JOGMEC (Japan), Kogas (Korea), CPC (Taiwan), OMGC (India)
The oil majors: EXXON, BP, SHELL, TOTAL, CONOCO PHILLIPS, TEXACO, CHEVRON, TOTAL in LNG, SHELL in LNG
Their strategies, Corporate social responsibility
The others: INPEX (Japan), Nippon Oil, Idemitsu, SK (Korea), Formosa Plastics / CPC (Taiwan)
Ex. Sakhalin 2, East Kalimantan (Indonesia), others (Ex. in Middle East Producing countries)
Nigeria, Canada, Venezuela
Oil, gas, coal, LPG
Japan, China, Korea, Thailand, Singapore, Taiwan, Malaysia
Japan, South Korea, China, Taiwan
World population, evolution of needs, GDP growth
Final energy demand
Proven oil reserves / world oil supply
General - day to day activity, the oil markets – futures – oil pricing – price risks
Short term oil market – medium term oil market – long term oil market
Crude oil direct burning (Japan)
How to respond to the demand side? Supply side?
Contributions from the Majors
Receivable : oil products balances, Asia Pacific databank, supply, demand and prices
Supply and demand – Market overview and importance ---- BTC case
Pricing on long term ( Europe, North America, Asia)
The Hubs (Henry Hub)
LNG – N. E. Asia (Japan, Korea, Taiwan)
China, Thailand, Singapore (Emerging markets in N.E.Asia), India.
Pipes.
A conclusion to parts 4 and 5 (see backup)
Ethanol
What is LPG – Definition, specificity
Markets – (World LPG market outlook)
Examples; China, Japan
LPG Terminals Japan/Korea
- crude oil (1) / natural gas (2), pipelines
The deregulation of oil and gas
Japan case
Deregulation in oil, gas and electric power generation, limits of the policy
The importance of METI
Overview of the situation in Korea, China, Taiwan
GHG emissions, pollution problems (China case/others – Erika)
An approach from International Institutions (IEA) – Kyoto Protocol. Asia-Pacific partnership in clean development and climate.
Reaction from governments and the industry : efforts to curb down green house gas emissions - Oil companies strategy (TOTAL), China example, renewable energies (wind power, solar)
CO2 sequestration, inadequacy between CO2 emissions and in-ground sequestration,
sulfur trade, carbon trade
New technologies, new fuels (synthetic fuels) : the case of GTL / DME / CTL Biofuels / GTX
Methanol market (competitions with DME) – DME, alternative to LPG?
Industrial waste water treatment
CO2 sequestration
Shell case
The market of industrial projects in energy field
The structure of engineering companies
Ex.: TECHNIP, LURGI (France, Germany)
TOYO (Japan), Hyundai (Korea), Chengda (China), Air Liquide (France)
relations with national oil / gas cos (refining, chemical, petrochemical
industrial, lubricants etc.,)
Structure of EPC Project
IMF reports
Private banks, international institutions (World Bank, Asia Development Bank)
Risk assessments (Technical, political)
Foreign presence in Asia finance
1. Characteristics of main energy markets in N.E.Asia. Quick evolution
2. Business ethics and risk mitigation for the compannies
3. An oil company strategy in a changing energy scene / Efforts for clean fuel
4. China and India
Oil upstream and refining investments
Energy scenario for 2050
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