Overview:

Summary

This profile is the essential source for top-level energy industry data and information. The report provides an overview of each of the key sub-segments of the energy industry in Turkey. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for each of the key sub-segments. It also provides information relating to the crude oil assets (oil fields, refineries, pipelines and storage terminals) in Turkey. The report compares the investment environment in Turkey with other countries in the region. The profiles of the major companies operating in the crude oil sector in Turkey together with the latest news and deals are also included in the report.

Scope

- Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for each industry sub-segment for the period 2000-2020.
- Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in Turkey for the period 2000-2015.
- Operator and equity details for major crude oil assets in Turkey.
- Key information relating to market regulations, key energy assets and the key companies operating in the Turkey’s energy industry.
- Information on the top companies in the Turkey including business description, strategic analysis, and financial information.
- Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.
- Key mergers and acquisitions, partnerships, private equity and venture capital investments, and IPOs.

Reasons to buy

- Gain a strong understanding of the country’s energy market.
- Facilitate market analysis and forecasting of future industry trends.
- Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
- Assess your competitor’s major crude oil assets and their performance.
- Analyze the latest news and financial deals in the oil sector of each country.
- Develop strategies based on the latest operational, financial, and regulatory events.
- Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.
- Identify and analyze the strengths and weaknesses of the leading companies in the country."

Companies Mentioned

Turkiye Petrolleri Anonim Ortakligi
Perenco
Exxon Mobil Corporation

1 Table Of Contents 2
1.1 List of Tables 7
1.2 List of Figures 9
2 Turkey Energy Sector 10
2.1 Turkey Energy Sector, Market Overview 10
2.2 Turkey Energy Sector, Crude Oil 11
2.2.1 Turkey Crude Oil, Overview 11
2.2.2 Turkey Crude Oil, Supply and Demand Balance 11
2.2.3 Turkey Crude Oil, Regulatory Structure 17
2.2.4 Turkey Crude Oil, Infrastructure 18
3 Turkey Oil Upstream Investment Environment Benchmarking 19
3.1 Introduction 19
3.2 The Overall Ranking 19
3.3 Upstream Fiscal Attractiveness 19
3.3.1 Maximum Government Take Index 21
3.3.2 Maximum State Participation 21
3.4 Oil Sector Performance 21
3.4.1 Exploration Activity 23
3.4.2 Oil Production 24
3.4.3 Oil Reserves 24
3.4.4 Oil Consumption 24
3.4.5 Refining Industry 25
3.5 Economic Performance 25
3.5.1 GDP Growth Index 26
3.5.2 FDI Confidence Index 26
3.5.3 Balance of Trade Index 27
3.6 Socio-Political Performance 27
3.6.1 Democracy Index 28
3.6.2 Governance Index 28
4 Turkey Exploration and Production Sector 29
4.1 Turkey Exploration and Production Sector, Country Snapshot 29
4.1.1 Turkey Exploration and Production Sector, Key Data 29
4.1.2 Turkey Exploration and Production Sector, Crude Oil Assets Map 29
4.2 Turkey Exploration and Production Sector, Gross Crude Oil Production 30
4.2.1 Turkey Exploration and Production Sector, Total Gross Crude Oil-Historical Production 30
4.2.2 Turkey Exploration and Production Sector, Gross Crude Oil-Historical Production by Type 31
4.2.3 Turkey Exploration and Production Sector, Gross Crude Oil Production by Assets 32
4.2.4 Turkey Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 34
4.2.5 Turkey Exploration and Production Sector, Market Share based on Gross Equity Weighted Crude Oil Production 35
4.3 Turkey Exploration and Production Sector, Gross Crude Oil Forecasts 36
4.3.1 Turkey Exploration and Production Sector, Gross Crude Oil Forecasted Production 36
4.4 Turkey Exploration And Production Sector, Crude Oil Asset Details 38
4.4.1 Turkey Exploration And Production Sector, Active Crude Oil Asset Details 38
4.5 Turkey Exploration And Production Sector, Major Oil Discoveries 42
4.5.1 Turkey Exploration And Production Sector, Number of Oil Discoveries, 2005-2010 42
4.5.2 Turkey Exploration And Production Sector, Oil Discovery Details 43
4.6 Turkey Exploration And Production Sector, Recent Discoveries 43
4.6.1 Apr 27, 2011: Sinopec Discovers Two Gas Wells At Yuanba District In Sichuan Province, China 43
4.6.2 Apr 05, 2011: Enviro Energy Encounters CBM Interval At LHG10-01 Well In Xinjiang, China 43
4.6.3 Mar 18, 2011: Sinopec Finds Chunfeng Oilfield At Karamay In Xinjiang Uygur Autonomous Region, Northwest China 44
4.6.4 Jan 17, 2011: Ivanhoe Energy Announces Deep Gas Discovery On Zitong Block In China 44
4.7 Turkey Exploration And Production Sector, Drilling and Production Updates 46
4.7.1 Apr 15, 2011: Sinopec To Increase Gasoline And Diesel Production In April 2011 46
4.7.2 Apr 08, 2011: PetroChina's Daqing Oilfield Produces 10.035 MMt Of Crude Oil In Q1 2011 46
4.7.3 Apr 07, 2011: CAMAC Energy Announces Spudding And Progress Of ZJS-3 Well In China 46
4.7.4 Mar 17, 2011: CNPC Boosts Overseas Output 47
4.7.5 Mar 08, 2011: Green Dragon Gas Provides Reserves Update 47
5 Turkey Pipeline Sector 48
5.1 Turkey Pipeline Sector, Key Data 48
5.2 Turkey Pipeline Sector, An Overview 48
5.3 Turkey Pipeline Sector, Comparison of Key Crude Oil Pipeline Companies 48
5.4 Turkey Pipeline Sector, Crude Oil Pipelines 50
6 Turkey Refining Sector 51
6.1 Turkey Refining Sector, Key Data 51
6.2 Turkey Refining Sector, An Overview 51
6.2.1 Turkey Refining Sector, Total Refining Capacity 51
6.3 Turkey Refining Sector, Capacity-Wise Market Share By Company 52
6.4 Turkey Refining Sector, Crude Distillation Unit Capacity 53
6.5 Turkey Refining Sector, Coking Capacity 54
6.6 Turkey Refining Sector, Fluid Catalytic Cracking Capacity 54
6.7 Turkey Refining Sector, Hydrocracking Capacity 55
7 Turkey Oil and Chemicals Storage Sector 56
7.1 Turkey Oil and Chemicals Storage Sector, Key Data 56
7.2 Turkey Oil and Chemicals Storage Sector, An Overview 56
7.2.1 Turkey Oil and Chemicals Storage Sector, Total Storage Capacity 56
7.2.2 Turkey Oil and Chemicals Storage Sector, Storage Capacity Share by Area 57
7.3 Turkey Oil and Chemicals Storage Sector, Capacity-Wise Market Share By Company 58
7.4 Turkey, Oil and Chemicals Storage Sector, Storage Capacity 59
8 Profile of Turkiye Petrolleri Anonim Ortakligi 62
8.1 Turkiye Petrolleri Anonim Ortakligi, Key Information 62
8.2 Turkiye Petrolleri Anonim Ortakligi, Company Overview 62
8.3 Turkiye Petrolleri Anonim Ortakligi, Business Description 62
8.3.1 Business Overview 62
9 Profile of Perenco 65
9.1 Perenco, Key Information 65
9.2 Perenco, Company Overview 65
9.3 Perenco, Business Description 65
9.3.1 Business Overview 65
10 Profile of Exxon Mobil Corporation 68
10.1 Exxon Mobil Corporation, Key Information 68
10.2 Exxon Mobil Corporation, Company Overview 68
10.3 Exxon Mobil Corporation, Business Description 68
10.3.1 Business Overview 68
10.3.2 Chemical 69
10.3.3 Downstream 69
10.3.4 Upstream 70
10.4 Exxon Mobil Corporation, SWOT Analysis 71
10.4.1 Overview 71
10.4.2 Exxon Mobil Corporation, Strengths 72
10.4.3 Exxon Mobil Corporation, Weaknesses 74
10.4.4 Exxon Mobil Corporation, Opportunities 75
10.4.5 Exxon Mobil Corporation, Threats 76
11 Financial Deals Landscape 78
11.1 Detailed Deal Summary 78
11.1.1 Acquisition 78
11.1.2 Equity Offerings 83
11.1.3 Debt Offerings 89
11.1.4 Partnerships 91
11.1.5 Asset Transactions 95
12 Recent Developments 98
12.1 License Rounds 98
12.1.1 Apr 26, 2011: Six Domestic Firms Qualify For China's First Shale Gas Auction 98
12.1.2 Jan 20, 2011: China To Offer Eight Shale Gas Exploration Blocks In Q1 2011 98
12.2 License Awards 98
12.2.1 Apr 01, 2011: Dart Energy Announces Approval Of Dajing PSC In China 98
12.3 Strategy and Business Expansion 99
12.3.1 Apr 04, 2011: Merletti Partners Forms Strategic Alliance With Rose Rock For Petrochemical Import Terminal In Tianjin, China 99
12.3.2 Mar 16, 2011: Gazprom, CNPC Discuss Gas Delivery To China 99
12.3.3 Mar 14, 2011: CNPC And Guizhou Provincial Government Sign Strategic Cooperation Framework Agreement 99
12.4 Other Significant Developments 100
12.4.1 Apr 25, 2011: CNOOC To Halt Production From Four Offshore Oilfields In Bohai 100
12.4.2 Apr 25, 2011: PetroChina's Zhongxian-Wuhan Pipeline Supplies 1 MMcm Of Gas To Southwest Oilfield 100
12.4.3 Apr 25, 2011: Uzbekneftegaz And CNPC Sign MoU 100
12.5 New Contracts Announcements 100
12.5.1 Mar 29, 2011: Icon Energy Signs LNG Sales Agreement With Shantou SinoEnergy 100
12.5.2 Mar 07, 2011: Telvent To Provide LNG Supply Management Platform To CNOOC 102
13 Appendix 103
13.1 Abbreviations 103
13.2 Methodology 103
13.2.1 Coverage 103
13.2.2 Secondary Research 104
13.2.3 Primary Research 104
13.2.4 Expert Panel Validation 104
13.3 Contact Us 105
13.4 Disclaimer 105"

1.1 List of Tables
Table 1: Turkey, Historical and Forecast Production and Consumption of Crude Oil, Thousand Barrels Per Day, 2000-2020 12
Table 2: Turkey, Historical and Forecasted Import of Crude Oil, Thousand Barrels Per Day, 2000-2020 14
Table 3: Turkey, Historical Reserves of Crude Oil, Million Barrels, 2000-2010 16
Table 4: Eastern Europe, Investment Benchmarking, Overall Country Rankings, May 2011 19
Table 5: Eastern Europe, Investment Benchmarking, Upstream Fiscal Attractiveness, May 2011 20
Table 6: Eastern Europe, Investment Benchmarking, Oil Sector Performance, May 2011 21
Table 7: Eastern Europe, Investment Benchmarking, Economic Performance, May 2011 25
Table 8: Eastern Europe, Country Standings, Economic Performance, May 2011 25
Table 9: Eastern Europe, Investment Benchmarking, Socio-Political Performance, May 2011 27
Table 10: Eastern Europe, Country Standings, Socio-Political Performance, May 2011 27
Table 11: Turkey, Crude Oil  Key Statistics, 2010 29
Table 12: Turkey, Total Crude Oil Production (MMBBLs), 2003- 2010 30
Table 13: Turkey, Gross Crude Oil Production (MMBBLs) by Type, 2003-2010 31
Table 14: Turkey, Gross Crude Oil Production (MMBBLs), by Assets, 2003- 2010 32
Table 15: Turkey, Gross Crude Oil Production (MMBBLs), by Assets, 2003- 2010 (Contd. 1) 33
Table 16: Turkey, Gross Crude Oil Production (MMBBLs), by Assets, 2003- 2010 (Contd. 2) 34
Table 17: Turkey, Gross Equity Weighted Crude Oil Production (MMBBLs), by Company, 2003-2010 34
Table 18: Turkey, Market Share (%) of Key Companies based on Gross Equity Weighted Crude Oil Production, 2003-2010 35
Table 19: Turkey, Gross Crude Oil Production (MMBBLs), Forecast by Assets, 2011- 2015 36
Table 20: Turkey, Oil Active Field Asset Details 38
Table 21: Turkey, Number of Oil Discoveries, 2005-2010 43
Table 22: Turkey, Oil Discovery Details, 2005-2010 43
Table 23: Turkey, Pipeline Key Statistics, May 2011 48
Table 24:  Turkey, Crude Oil Pipeline Length by Company (Km), May 2011 48
Table 25: Turkey, Crude Oil Pipelines, May 2011 50
Table 26: Turkey, Refinery Key Statistics, May 2011 51
Table 27: Turkey, Total Refining Capacity (MMTPA), 2000- 2015 51
Table 28: Turkey, Refining Capacity by Company (MMTPA), 2000-2015 52
Table 29: Turkey, Crude Distillation Unit Capacity (MMTPA), 2000-2015 53
Table 30: Turkey, Coking Unit Capacity (MMTPA), 2000-2015 54
Table 31: Turkey, Fluid Catalytic Cracking Unit Capacity (MMTPA), 2000-2015 54
Table 32: Turkey, Hydrocracking Unit Capacity (MMTPA), 2000-2015 55
Table 33: Turkey, Oil and Chemicals Storage Key Statistics, May 2011 56
Table 34:      Turkey, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2015 56
Table 35: Turkey, Oil and Chemicals Storage Capacity by Company (Thousand M3), 2000-2015 58
Table 36: Turkey, Oil and Chemicals Storage Capacity (Thousand M3), 2000-2015 59
Table 37: Turkey, Oil and Chemicals Storage Capacity (Thousand M3), 2000-2015 (Contd.1) 60
Table 38: Turkey, Oil and Chemicals Storage Capacity (Thousand M3), 2000-2015 (Contd. 2) 61
Table 39: Turkiye Petrolleri Anonim Ortakligi, Key Facts 62
Table 40: Perenco, Key Facts 65
Table 41: Exxon Mobil Corporation, Key Facts 68
Table 42: Exxon Mobil Corporation, SWOT Analysis 72
Table 43: Arrow Energy Acquires 35% Stake In Fortune Liulin Gas From Fortune Oil 78
Table 44: China New Energy To Acquire Zhanhua Jiutai Gas 79
Table 45: Fortune Oil Acquires 26.1% Interest In Fortune Liulin Gas 80
Table 46: CNPC (Hong Kong) To Acquire 49% Of China Oil and Gas From China Petroleum Pipeline 81
Table 47: CNPC (Hong Kong) To Acquire 35% Interest In Shanxi Guoxing Coal Seam Gas Transmission 82
Table 48: Far East Energy Completes Private Placement For $5.01 Million 83
Table 49: Pacific Asia Petroleum Completes Private Placement Of $17.5 Million 84
Table 50: CNPC (Hong Kong) Completes Public Offering Of $480 Million 85
Table 51: Arrow Energy Completes Private Placement For $0.71 Million 86
Table 52: China Natural Gas Announces Exercise Of Over-Allotment Option 87
Table 53: Sinopec Announces Bond Offering For $879.98 Million 89
Table 54: PetroChina Company Issues Medium-Term Notes For $2.2 Billion 90
Table 55: PetroChina Announces Bond Offering 91
Table 56: Sinopec Plans To Form Joint Venture With BP 91
Table 57: China National Petroleum Forms Joint Venture With Shandong Dongming Petrochemical 92
Table 58: PetroChina Enters Into Partnership With Chevron 93
Table 59: China National Petroleum Enters Into Joint Venture With Shandong Provincial Government 94
Table 60: ONGC Videsh And GAIL (India) Plan To Acquire 12.5% Interest In Gas Pipeline In China 95
Table 61: Xinjiang Xinjie To Sell Its Oil Assets To PetroChina 96
Table 62: GAIL (India) Plans To Acquire 4.17% Equity Interest In Pipeline Project In Myanmar 97"

1.2 List of Figures
Figure 1: Turkey, Energy Consumption Split by Fuel Type (%), 2010 10
Figure 2: Turkey, Crude Oil Production And Consumption, Thousand Barrels Per Day, 2000-2020 13
Figure 3: Turkey, Historical and Forecast Import of Crude Oil, Thousand Barrels Per Day, 2000-2020 15
Figure 4: Turkey, Historical Reserves of Crude Oil, Million Barrels, 2000-2010 17
Figure 5: Eastern Europe, Country Standings, Upstream Fiscal Attractiveness, May 2011 20
Figure 6: Eastern Europe, Country Standings, Oil Sector Performance, by Reserves-Exploration & Production, May 2011 22
Figure 7: Eastern Europe, Country Standings, Oil Sector Performance, by Production-Consumption & Refining, May 2011 23
Figure 8: Eastern Europe, Country Standings, Number Of Exploration Blocks Awarded, May 2011 24
Figure 9: Eastern Europe, Country Standings, Economic Performance, May 2011 26
Figure 10: Eastern Europe, Country Standings, Socio-Political Performance, May 2011 28
Figure 11: Turkey, Crude Oil  Assets Map, May 2011 29
Figure 12: Turkey, Total Gross Crude Oil Production (MMBBLs), 2003-2010 30
Figure 13: Turkey, Gross Crude Oil Production (MMBBLs) by Type, 2003-2010 31
Figure 14: Turkey, Gross Equity Weighted Crude Oil Production (MMBBLs), by Key Companies, 2003-2010 35
Figure 15: Turkey, Market Share (%) of Key Companies based on Gross Equity Weighted Crude Oil Production, 2010 36
Figure 16: Turkey, Number of Oil Discoveries, 2005-2010 42
Figure 17: Turkey, Crude Oil Pipeline Length by Company (Km), May 2011 49
Figure 18: Turkey, Total Refining Capacity (MMTPA), 2000- 2015 52
Figure 19: Turkey, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2015 57
Figure 20: Turkey, Oil and Chemicals Storage Capacity Share by Area (%), 2010 57
Figure 21: Turkey, Oil and Chemicals Storage Capacity by Company (Thousand M3), 2000-2015 58