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Transport oil demand has been driven by new vehicle growth, increasing from around 4.5 million cars in 2000 to just under 8.6 million in 2012. Through the forecast, oil production is expected to decline from 44,000 boe/d to 23,000 boe/d over 2013-30. Net imports of crude oil and petroleum products are forecast to increase steadily during the outlook period. By 2030, Turkey will be importing 98% of its oil demand.
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This report includes 2 file(s)
Turkey energy markets outlook 2013 - oil PDF - 511.96 KB 6 Pages, 3 Tables, 5 Figures
mTurkey.xls XLS - 821.50 KB
Description
Due to their sensitivity to political events and the global economy, energy demand and trade remain extremely volatile. The rapidly changing cost environment for hydrocarbon production and renewable energy, combined with energy policy changes, means the fuel mix in energy markets can be unpredictable at best. Further complicating the outlook is the transition and pace of the energy-intensive developing world from industrial to services-based economic growth, supporting the growing need for power generation.
This Energy Markets Long Term Outlook report provides a multi-fuel supply and demand forecast supported by a breakdown of the key facts.
Companies involved in all sectors of the energy industry can use this long term outlook report to assess inter-fuel dynamics and market drivers for strategic planning and investment opportunities. Use it to understand supply and demand fundamentals across hydrocarbon and renewables.
Analysing 92 markets and providing comprehensive coverage of global energy supply and demand, Wood Mackenzie is ideally placed to offer extensive expertise and robust knowledge of the energy markets sector. We write detailed supply and demand forecasts across all fuels and sectors based on our objective, proprietary data.
Whether you want an independent outlook on the market or to screen for opportunities in new markets, we help you understand global energy dynamics so you can shape your corporate strategy with confidence.
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
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Commodity market report | Jul 2013
Turkey energy markets outlook 2013 - oil
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