xvi management of energy resource master
TRANSCRIPT
XVI Management of Energy Resource Master
The evolution of the global energy scenario
and its impacts on environmental policies
A. Gilotti
Rome March 20th 2015
The world economy is growing, recovering from the economic and financial crisis experienced in the period 2009-2013. Oil Products will remain the main source of fueling in the Transportation sector
WORLD ECONOMIC TRENDS
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Source: EIA – USA Department of Energy
GDP trend World total energy demand trend
Source: IEA – International Energy Agency – World Energy Outlook 2014
Source: European Commission - EU Energy, Transport &GHG emission trend to 2050 – Reference Scenario 2013
European Union total energy demand trend
Source: European Commission - EU Energy, Transport &GHG emission trend to 2050 – Reference Scenario 2013
EU energy demand trend for transportation
84%
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Kuwait is a constitutional monarchy with a parliamentary system of government. The head of the State is the Emir Sabah al-Ahmad al-Jaber Al Sabah who appoints the Prime Minister
The surface of the Country (17.818 km2) is smaller than Lombardy, but GDP per capita is higher than Italy’s
Primary source of wealth of the emirate is the export of crude oil. Forbes has listed Kuwait as the 2nd richest oil country, after Qatar**
-------------------------------- GDP Growth: 2.3% GDP/Capita: $ 42,100 Trade Balance: 38.5% Population: 4.1 M Unemployment: 3.4% Inflation: 2.8%
The State of Kuwait is one of the main holder of oil reserves. In the world ranks 6th after Venezuela, Saudi Arabia, Canada, Iran and Iraq and 8th for crude yearly production . Current production capacity is 3.1*million barrels per day, with a forecasted increase up to 4.0 million in 2020
Kuwait and KPC role
Kuwait Petroleum Corporation is a big multinational NOC not only committed in Kuwait but also to international downstream activities through Kuwait Petroleum International. Building on the experience in downstream European markets, considering the rapid future growth expected in the Asian markets,
KPI plans to expand in some
Asian markets. KPC Family
Kuwait Oil Company
Kuwait Gulf Oil Company
Oil Development Company
Oil Services Company
Kuwait National Petroleum Company
Kuwait Aviation Fuelling Company
Petrochemical Industries Company
Kuwait Oil Tanker Company
Kuwait Foreign Petroleum Exploration Company
Kuwait Petroleum International (Q8)
About Kuwait Petroleum Italia
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Over last 30 years, Kuwait has invested in Italy 4 $Billions, making KP Italy a strong marketer with nationwide integration from refining to end consumers
Milazzo
50% Joint Venture with ENI
Integrated S&D system
strengthened by Naples, Sigemi & Trieste
2nd Market player in both Retail & Direct:
- 17% Retail market share
- 3.500 Sites
- 1.300 COCO
- 14% Direct market share
Refining Supply & Distribution Marketing
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SOCIAL ECONOMY
SUSTAINABILITY
ENVIRONMENT
Sustainability is strategic trust for Q8
Q8’s success is based on key strengths that, combined with
an ethical corporate social responsibility approach,
represent real qualifying features of the company
Thank you for your attention.