Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Industry
by
R. H. S. Samaratunga
Secretary, Ministry of Petroleum Industries
1
Challenges of the Sri Lanka’s Petroleum Industry
2
Challenges of the Sri Lanka’s Petroleum Industry
Global Scenario
Consumption
• Global : 90/mb/day (2011)
• OECD : 50% (appox)
• North America: 24%
Production
• OPEC: 37% North America: 15%
• Russia: 11% Saudi Arabia: 10%
3
Challenges of the Sri Lanka’s Petroleum Industry
4
US$/Bbl
Brent Crude Oil Prices 1997 - 2012
5
Challenges of the Sri Lanka’s Petroleum Industry
7
Challenges of the Sri Lanka’s Petroleum Industry
8
Petroleum Products Consumption by
Sector
2000 2010
10% 6%
Transport
Other
6%
10%
9
Challenges of the Sri Lanka’s Petroleum Industry
10
Challenges of the Sri Lanka’s Petroleum Industry
11
Growth Rates of Refined Petroleum Products
Growth Rate (%)
Year
Petrol Diesel Kerosene Fuel Oil
1990 - - - -
1995 -8.34 57.81 12.41 8.65
2000 32.49 79.46 5.03 26.04
2001 7.07 2.64 -3.67 -0.68
2002 21.13 0.73 11.05 9.91
2003 10.85 -6.46 -27.52 -14.76
2004 12.52 21.43 28.38 -0.71
2005 27.54 19.39 -6.71 68.68
2006 -5.78 4.19 -3.23 -13.81
2007 16.29 4.05 -34.91 -10.11
2008 4.75 -9.59 -5.93 0.68
2009 0.05 -1.65 9.2 16.33
2010 18.21 4.21 -23.56 -6.84
2011 15.47 15.99 0.13 9.14
12
1,200
1,000
Volume /MT
800
Furnace Oil Annual Sales Volume
600
(MT)
400
200
0
2001
2005
1985
1990
1995
2000
2002
2003
2004
2006
2007
2008
2009
2010
Year
70,000
60,000
50,000
Value/ Rs. Million
40,000
Furnace Oil Annual
30,000
Sales Value (Rs/Mn)
20,000
10,000
-10,000
2005
1985
1990
1995
2000
2001
2002
2003
2004
2006
2007
2008
2009
2010
Year 13
Challenges of the Sri Lanka’s Petroleum Industry
14
Country’s Demand for Petroleum
Products
6000
5000
4000
Value (US$/Mn)
3000
2000
1000
0
1980 1985 1990 1995 2000 2005 2006 2007 2008 2009 2010 2011
Year
15
Country's Demand – Relative Significance -
% of Exports & Imports
43.8
Percentage of Exports & Imports
36.5
29.2
% of Exports
21.9 % of Imports
14.6
7.3
0
1980
1985
1990
1995
2000
2005
2006
2007
2008
2009
2010
2011
Year
16
Challenges of the Sri Lanka’s Petroleum Industry
17
Crude Oil Imports - Unit Price Movements
120
110
100
97.6
80
C & F Price (US$/ Bbl)
79.3
72
65.1
62.6
60
51.9
C&F Price
US$/bbl
40
37.4
28.3
28.7 29.3
28.5
23.6 25.1
20 18.9 17.4
11.6
0 1.6
2009
1970
1974
1979
1985
1990
1995
2000
2001
2002
2003
2004
2005
2006
2007
2008
2010
2011
Year
International Market Prices and Government Subsidy
19
Import Prices Vs. Domestic Market Prices
20
Challenges of the Sri Lanka’s Petroleum Industry
21
Challenges of the Sri Lanka’s Petroleum Industry
22
Electricity Generation / Gwh
Year Thermal Other
2006 4751 4638
2007 5865 3950
2008 5763 4138
2009 5975 3908
2010 4994 5720
2011 5748 5781
14000
12000
Electricity Generation/GWh
10000
50%
8000 49% 40%
40% 42% 53%
Other
6000
Thermal
4000
0
2006 2007 2008 2009 2010 2011
Year
23
Challenges of the Sri Lanka’s Petroleum Industry
24
Crude Oil & Refined Petroleum Product Import Ratio
Product 1990 2000 2010
8.5%
Percentage (%)
91.5%
Year 25
Challenges of the Sri Lanka’s Petroleum Industry
26
Challenges of the Sri Lanka’s Petroleum Industry
27
Thank You
28