- the volume of supply of a particular type of feedstock or a given petroleum product in Russia (commodity production + import);
- how this volume is distributed between local consumers (domestic demand) and the external market (export);
- the extent to which the remaining unallocated portion increases commodity stocks (or, conversely, the extent to which distribution is fueled by a reduction in stocks).
Russia-Wide Supply and Demand Balances of Hydrocarbon Feedstock and Petroleum Products
Each Russia-wide balance contains data and information which, when taken together, gives a complete picture of:
Which markets does the system of Russia-wide balances cover?
There are four types of hydrocarbon feedstock
Oil, gas condensate, natural gas and associated gas.
There are 11 types of petroleum products
Gasoline, gasoil fuels (diesel, furnace and marine), jet fuel, technical kerosene, fuel oil, naphtha, VGO, LPG, NGL, bitumen, and petroleum coke.
What is special about Petromarket RG’s methodology?
- When constructing balances, all credible official sources of primary data are processed without exception.
- In addition to official production figures and transportation and customs statistics, Petromarket RG uses exclusive information from the market participants.
- Production is shown in the balances in a disaggregated manner per manufacturers (by companies or enterprises), import – by countries of origin, export – by exporters, supply routes and modes of transportation.
- In all cases, wherever possible, demand is broken down by key consumers: demand for oil and gas condensate – by refineries, for naphtha and LPG – by petrochemical companies, for jet fuel – by airports.
- The amount of indicators within a single balance can number as many as several thousand, allowing them to be referred to as "comprehensive".
- The data obtained is checked both by formal techniques and by expert review carried out by the company’s experienced employees.
- Reconciliation checks are carried out where similar data is received from dissimilar sources.
- Any data which looks “suspicious” is forwarded to representatives of the industry with the knowledge and competence to verify its authenticity.
What are the merits of Petromarket RG’s Russia-wide balances?
Exclusivity
In terms of completeness and reliability, the Russia-wide oil and gas supply and demand balances offered by Petromarket RG have no serious analogue, either inside the Russian Federation or elsewhere.
The broadest range of data
The balances themselves contain almost all the available statistics characterising material flows in the Russian oil and gas market.
Critically-important information source
Petromarket RG’s balances provide the most accurate estimates of demand for hydrocarbon feedstocks, petroleum and gas processing products in the domestic market of the Russian Federation.
Updating efficiency
The monthly updating of balances allows users to keep their fingers on the pulse of the market.
Conservation of client time, effort and expenditure
Clients using Petromarket RG’s balances are relieved of the need to seek out, acquire, process and verify extremely large amounts of raw data.
Industry recognition
Petromarket RG’s balances have acquired the status of an industry standard for the presentation of demand and supply statistics. Among the Petromarket RG’s subscribers are 7 of the 25 largest oil and gas companies in the world, 4 of the 17 leading international oil traders and key government bodies of the Russian Federation.
Petromarket RG invites you to subscribe to its balance sheets of supply and demand of hydrocarbon feedstocks and their associated products. All Petromarket RG’s balances come with the option to purchase a database containing all the balance data (and much more!) in Microsoft Excel format. Subscribers are entitled to free consultations on all issues related to supply and demand statistics. Federal balances are updated on a monthly basis, prior to the end of the month following the reporting one.
How do I subscribe to Petromarket RG’s Russia-wide balances?
Submit an application, indicating which supply and demand balances you are interested in and for what period you wish to subscribe. Tell us whether you are interested in retrospective balances and, if so, for what period.