Insight
Asia Pacific pre-FID projects: Six billion boe ready to go?
Report summary
Wood Mackenzie has identified 20 pre-FID projects across the Asia Pacific region targeting for sanction before 2020:- Represent total associated capex of US$66 billion Shallow water gas projects dominate by theme, with Australia and Malaysia the key countries Average lead time from discovery to estimated FID date is 15 years, highlighting the region's many regulatory/fiscal challenges The road to sanction remains a bumpy one for most: Issues over gas price, JV alignment and operator priorities remain unresolved Lower costs required for many oil and gas projects to get them down the cost-curve and attract new development capital Gas projects with breakevens over US$7/mcf will struggle to progress if they are competing against potentially lower-cost LNG imports
Table of contents
- Asia Pacific pre-FID projects: Six billion boe ready to go?
Tables and charts
This report includes 2 images and tables including:
- Asia Pacific pre-FID projects: Six billion boe ready to go?: Image 1
- Asia Pacific pre-FID projects: Six billion boe ready to go?: Image 2
What's included
This report contains:
Other reports you may be interested in
17 March 2023
Class of 2023: benchmarking this year's upstream FIDs
Insight
Class of 2023: benchmarking this year's upstream FIDs
We benchmark the major oil and gas projects seeking FID in 2023 on economic and emission metrics.
$1,35028 March 2023
Global upstream M&A in brief
Insight
Global upstream M&A in brief
The global upstream M&A in brief provides the Wood Mackenzie view on all of the key M&A events as they unfold.
$1,35019 March 2020
Oil price crash: how will Asia Pacific's upstream sector respond?
Insight
Oil price crash: how will Asia Pacific's upstream sector respond?
Will Asia Pacific survive the crash?
$1,350
