新兴市场国家石油公司经营状况与发展动向

Performance and growth trends of emerging-market countries' NOCs

2013年国际油价较为稳定,以俄罗斯石油公司、马来西亚国家石油公司等为代表的大部分新兴市场国家石油公司(NOC)在收购等因素的推动下,经营业绩有所好转,油气储量稳中有升,原油加工量持续增长。金融危机后,新兴市场NOC普遍加强了国内外合作及国内外资源勘探开发投资力度,并通过积极的资产管理,在调整业务结构的同时为核心业务融资。随着新兴市场NOC海外发展经验的日益成熟,这些公司更加注重规避政治风险,并结合自身地域或资源优势加快发展出口亚洲市场的LNG业务,同时与IOC的竞合关系更为紧密和广泛。

International oil prices were relatively stable in 2013. Driven by acquisitions and other factors, performance of most NOCs in emerging-market countries improved, oil and gas reserves growth was pretty stable, and crude oil processing volume continued to grow. After the financial crisis emergingmarket countries' NOCs generally increased cooperation at home and abroad, increasing investment in exploration and development domestically and internationally. Through active asset management these NOCs restructured businesseswhile financing the core business. With NOCs' experience in expansion abroad becoming more sophisticated, these companies are paying more attention to avoiding political risk, and accelerating development of markets for export of LNG to Asia, taking advantage of their geography or resources; at the same time, both competition and cooperation between IOCs and NOCs will be more intensive and extensive.