Colombia downstream oil & gas market has been estimated at USD XX billion in 2015 and is projected to reach USD XX billion by 2021, at a CAGR of XX% during the forecast period from 2016 to 2021.

Processing and purifying raw crude oil, selling and transporting the refined products completes the life cycle of the downstream oil & gas industry. Fertilizers and pesticides made for the agriculture industry, the fuel oils made for the automotive industry, the plastics, lubricants and synthetic rubber made for the processing industries and complex chemicals made for the pharmaceutical industries are all dependent on the supply by the downstream oil & gas sector. It’s the downstream sector that enables the public consumption of oil and also empowers the industrial and commercial usage of petroleum and its products. Thus, this sector creates a high value fabric for the society, without which the quality of life would have been drastically different.

Colombia invested USD XX billion in the downstream oil & gas sector between 2013 and 2015 and it is estimated that an additional USD XX billion would flow in by 2021. The demand for petroleum products is expected to grow exponentially and reach XX million metric tonnes by 2021. Colombia has an installed refining capacity of XX barrels. The internal trade for petroleum products is worth USD XX. An additional refining capacity of XX billion barrels is planned with an investment close to USD XX billion. Furthermore, the current capacity of LNG terminals is XX mMT and an additional capacity of XX mMT is planned with an investment around USD XX billion.

Key Deliverables in the Study

• Colombia downstream oil & gas market analysis, with assessments and competition analysis on a regional scale
• Market definition along with the identification of key drivers and restraints
• Colombia - PESTLE Analysis
• Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market
• Extensively researched competitive landscape section with profiles of major companies along with their market share
• A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
• Colombia oil & gas market report provides a wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow