Energy Prices forecast
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
|
Oil $/bbl*
|
54
|
55
|
60
|
70
|
86.6
|
88.3
|
Oil $/bbl* (2015 assumptions)
|
60
|
70
|
75
|
92
|
95
|
98
|
Gas $/mcf
|
2.9
|
3.13
|
3.3
|
3.9
|
4.0
|
4.1
|
Gas $/mcf (2015
assumptions)
|
3.4
|
3.7
|
3.9
|
4.5
|
4.6
|
4.9
|
* Brent Oil price
mcf - hundreds
cubic feet (North America, Henry Hub). Inflation
assumed at 2% a year.
March 2016 energy stocks review:
Conversion
factors:
cubic
metre of gas (m3 gas) = 0.005896 boe
cubic foot
of gas (cf gas) = 0.00016696 boe
cubic foot
of gas (cf gas) = 0.028317 m3 gas
tonne of
LNG (t LNG) = 1,368.40 m3 gas