拉美油气投资环境:政策、市场及风险

The Latin American oil and gas investment environment: policy, markets and risk

拉美主要资源国的油气政策保持稳定,但因经济增长放缓,国内政治、社会矛盾增多,造成油气投资环境复杂多变。拉美资源国普遍把实现油气稳产、增产作为优先目标,在勘探、开发和炼化领域加大资金投入力度。拉美的国家石油公司持有油气优质资产,且在对外合作中占据主导地位,但普遍债务负担沉重,对外部融资需求较大,迫切需要与跨国公司合作。跨国公司看好与委内瑞拉、巴西、墨西哥等资源大国的合作前景,积极参与战略性合作项目。对中国公司而言,拉美油气合作整体环境较好,合作潜力巨大。

The oil and gas policies of Latin America's main resource-rich countries have remained stable, but slower economic growth and increased domestic political and social confl icts are resulting in a complex environment for oil and gas investment. The priority objective of these resource-rich countries generally is stable and increased production, and they intensify funding in exploration, development and refining areas. Latin America's national oil companies hold quality assets and dominate in foreign joint ventures, but generally with a heavy debt burden; so, they have large external financing needs and thus an urgent need to cooperate with multinational companies. The prospects are generally optimistic for multinational cooperation in resource development in Venezuela, Brazil, Mexico, and for active participation in strategic cooperation projects. Compared to other regions Latin America offers Chinese companies a better overall environment for oil and gas investment and huge potential for cooperation.