Upload
cinthiacarolen
View
218
Download
0
Embed Size (px)
Citation preview
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 1/17
PDVSA
1 March, 2000
GROWTH & CONSOLIDATION IN
LATIN AMERICA´S ENERGY INDUSTRY
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 2/17
PDVSA
2 March, 2000
3,7
4,3
6,9
8,0
18,3
24,1
63,5
14
0 15 30 45 60 75 90 105 120 135 150
ARGENTINA
BOLIVIA
ECUADOR
MEXICO
BRASIL
COLOMBIA
TRINIDAD & TOBAGO
VENEZUELA 146
Non Associated Gas
Proven Reserves (TCF)
Seventh in the WorldSeventh in the World
Seventh in the WorldSeventh in the World
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 3/17
PDVSA
3 March, 2000
Gas Resources (TCF)
Proved =Proved =146146
ProbableProbablePossiblePossible
UndiscoveredUndiscovered
132132 1414
6-206-20
Non associatedNon associatedAssociatedAssociated
Onshore:
40-6040-60Offshore:
32323232
771111
Associated
Non-associated
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 4/17
PDVSA
4 March, 2000
Current Production/Consumption
Total = 5.7Oil Industry
4.2
4
8
47
Residential
Injection
Internal Use
NGL
Others
27%73 %Domestic
Market
Oil Industry
Domestic Market
1.5
Power Gen.
Petrochemical
Steel/Alum.
Cement
Others
(%) (%)
32
21
21
65
15
32
Refinery
9
1999BCFD
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 5/17
PDVSA
5 March, 2000
Current Production / Consumption NGL & Methane
NGL181 MBPD
Methane1.5 BCFD
Power Gen.
Petrochemical
Steel/Alum
Oil Industry
(%)
Oil Industry
Domestic Market
Exports
Petrochemical
(%)
34
32
18
16
Manufacture
25
22
12
24
17
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 6/17
PDVSA
6 March, 2000
Forecast (1999 - 2009)
0
400
800
1.200
1.600
2.000
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
MMBOED
(42 %)
(55 %)
(26 %)(17 %)
(32 %)(28 %)
Hydroelectric power
Liquids
Natural Gas1.1
1.8Energy Matrix
Natural Gas
0
1
2
34
5
6
1999 2001 2003 2005 2007 2009
POWER GENERATION
BCFD
4.2
1.5
PETROCHEMICAL
STEEL / ALUMINUM
MANUFACTURE
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 7/17
PDVSA
7 March, 2000
Energy Policy
Economic GrowthEconomic GrowthEconomic GrowthEconomic Growth
Increase Gas Supply
Expand markets
- Domestic
- International
Facilitate Private participation
- E&P
- T&D
- Transformation & Industrialization
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 8/17
PDVSA
8 March, 2000
Legal Framework
Á Private participation in non associated gas E&Pand all gas downstream activities
Á 20% royaltyÁ Creation of a National Gas Regulatory BoardÁ
Regulation in T&D, TariffsÁ Vertical Disintegration
Á E&P Income tax rate reduced from 67% to 34%Á Tax credit on new investments (10%)
Gas Price =Commodity
Price
Transportation
Tariff
Distribution
Tariff + +
.... Reasonable profitability
Income Tax Law
Price
Gas Law
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 9/17
PDVSA
9 March, 2000
BusinessPortfolio
Upstream• Exploration / Production• Gathering
Business Opportunities
Midstream• Existing Trans. Systems Expansion• New Transmission Systems
Downstream
• Distribution• Processing• Industrialization/Transformation• Power Generation• Exports
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 10/17
PDVSA
10 March, 2000
DemandDemand
·Domestic market·Oil industry·Export
yOpportunity inpotential demandyNeed to add flexibility
to the supply system
E&P Licenses for Non
Associated Gas
E&P Strategy
SupplySupply
PDVSA own effort
(Associated Gas)
Time
Volume
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 11/17
PDVSA
11 March, 2000
SAN CARLOS
BARINAS
GUANARE
BARQUISIMETOMARACAIBO
ANACO
OFFSHORE
- INTEGRATED PROJECTS
- DIRECT NEGOTIATIONS
- EXPORTS
ONSHORE
- BIDDING OF 10 BLOCKS
- TERMS AND CONDITIONS IN PROGRESS
- FORMAL PUBLIC ANOUNCEMENT AND DATA
PACKAGES 2nd Q/ 2000
JOSE
ANACO
PDVSA OWN EFFORT
E&P Strategy
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 12/17
PDVSA
12 March, 2000
AnacoAnacoBarquisimetoBarquisimeto
Pto. OrdazPto. Ordaz
Pto. La CruzPto. La Cruz
Anaco -Barquisimeto
Anaco -Barquisimeto
Ulé -
Amuay
Ulé -Amuay
Anaco - Jose -PLC
Anaco - Jose -PLC
Anaco - Pto.
Ordaz
Anaco - Pto.
Ordaz
Expansion of Existing Transmission Systems
Spin off / Joint Venture
PDVSA GAS49%
or
Lower
Selected Partners51%
or
Higher
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 13/17
PDVSA
13 March, 2000
AnacoAnacoBarquisimetoBarquisimeto
Pto. OrdazPto. Ordaz
Pto. La CruzPto. La Cruz
New Transmission Systems
Gas pipelineto
Margarita
Gas pipelineto
Margarita
Gas pipeline toAcarigua
Gas pipeline toAcarigua
Central - West
Interconnection
Central - West
Interconnection
Construction
& Operation
Foster 100%PrivateCapital
Transport
Service
Contract
=
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 14/17
PDVSA
14 March, 2000
Gas Distribution Development
Economic Feasibility
Ample Markets
Economies of scale
• Plan to increase number of users
• Recognized Operators
Bidding conditions:
• Domestic Capital Usage
• Distribution Tariff
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 15/17
PDVSA
15 March, 2000
Hemispherical Integration
GTL
FEASIBILITY STUDY
PIPELINE
UNDER EVALUATION
GAS
US
CaribbeanCentral America
NGL 200 370 TBD
46% EXPORT
POWER: 60- 200 MW3er Q., 2000
Spain/Portugal
US East Coast
US Gulf Coast
Puerto Rico
Northeast Brasil
Caribbean
Atlantic Basin LNG Market: 3.9 BCFD
LNG
2 Projects, 6 MTY
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 16/17
PDVSA
16 March, 2000
Á Vast resourcesÁ Strong support from
local suppliersÁ Long history of oil and
gas productionÁ Strategic geographic
location
Venezuelan Strengths
Excellent opportunity to
support major gas
developments
Excellent opportunity tosupport major gas
developmentsKey Player Energy Supplier
7/31/2019 des de Negocios Marzo 2000ppt (1)
http://slidepdf.com/reader/full/des-de-negocios-marzo-2000ppt-1 17/17
PDVSA
17 March 2000
Summary
In the mid term, Gas business in Venezuela
will reach its maximum development potential,based on:
New National Energy Policy
Excellent Base of ResourcesPrivate Investors
Potencial New Markets
NGL
Methane
Investment: 7 bn$
Domestic
Export