Disclaimer. Confidential. Property of GNL Québec Inc All rights reserved.

Size: px
Start display at page:

Download "Disclaimer. Confidential. Property of GNL Québec Inc All rights reserved."

Transcription

1 June 2017

2 Disclaimer - The material contained in this presentation is intended to be general background information on the Énergie Saguenay Project being developed by GNL Québec Inc., a wholly owned subsidiary of GNL Québec Limited Partnership. - The information is supplied in summary form and is therefore not necessarily complete. Also, it is not intended that it be relied upon by investors or potential investors, who should consider seeking independent professional advice depending upon their specific investment objectives, financial situation or particular needs. - The material contained in this presentation may include information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. - Any financial information or forward-looking statements contained in this presentation are purely illustrative and should not be relied upon without independent verification. 2

3 EXECUTIVE SUMMARY

4 A highly competitive and differentiated LNG project Project Overview: Construction of a liquefied natural gas export terminal at Port Saguenay in Quebec $7.2 billion (U.S.), up to 11mtpa LNG export facility 1.5 bcf/d of feedgas (~44 mcm/d) 650-km new build gas pipeline Differentiators: Hydroelectricity advantage Lowest GHG emissions Cold weather that improves thermal efficiency Best access to lowest cost gas Low plant CAPEX & OPEX mtpa: million tons per annum bcf/d: billion cubic feet per day mcm/d: million cubic meters per day 4

5 What is the Énergie Saguenay project? 5

6 What is natural gas liquefaction? 1. Receipt of natural gas by gas pipeline 2. Gas treatment 3. Gas liquefaction by giant refrigerators - Cooled to about -160 C - Volume reduced by about 600 times 4. LNG storage on site prior to export 5. LNG lines to the jetty 6. LNG Shipping to world markets 6

7 What is LNG LNG is simply natural gas, the very same used in homes and industries, only cooled until it reaches a liquid state (-162oC). It then takes 600 times less space and is easier to ship. LNG is non-toxic, non-corrosive and emits less GHG than all other types of hydrocarbons. It is maintained in liquid state by cooling, without needing to stay under pressure like propane. 7

8 Overall Project Schedule Project development Env. Permitting Pre-FEED/FEED LNG Marketing Gas Supply Gas Pipeline Hydroelectric Supply Financing FID Construction Operation Participatory process with communities, First Nations and stakeholders 8

9 Opportunity to be part of the most unique LNG asset in North America AECO-C Énergie Saguenay Best Access to Lowest Cost Gas - Excellent access to diverse, low cost gas from Canadian production areas. - Significant excess gas pipeline capacity available DAWN HUB MARCELLUS & UTICA HENRY HUB 9

10 Opportunity to be part of the most unique LNG asset in North America Hydroelectricity Advantage Best Access to Lowest Cost Gas - 550MW energy block secured - Significantly lower OPEX/CAPEX & Hedge against natural gas price increases Lowest GHG Emissions 85% less CO2 than existing & proposed plants - Excellent access to diverse, low cost gas from North American production areas. - Significant excess gas pipeline capacity available Low Cost, Low Risk $700/ton Cold Weather / Electricity 10-15% improvements in thermal efficiency Province familiar with LNG - 2 import terminals approved - 1 LNG plant in Montreal 10

11 GLOBAL NATURAL GAS AND LNG MARKETS

12 Natural gas increasing role in global energy mix History Forecast 30% Oil Coal Natural Gas 33% 28% 22% 12% 26% 22% 16% Renewables Nuclear 5% 6% Source: EIA May

13 LNG positioned as an important part of an additional 150 bcf/d growth in global demand for natural gas Demand per sector Growth per region Growth fueled by non- OECD +1.6 to 2% per year (IEA) SOURCE: BP

14 Strong fundamental trends are supporting natural gas demand SIGNIFICANT CHANGES IN LNG LANDSCAPE Less low cost LNG supply Low cost LNG plants production loss Egypt (12+ mtpa of lost LNG production) Indonesia (40% decr. in LNG export since 1999; Arun LNG to be closed) UAE now importer (not exporter) Trinidad Production coming down high-cost LNG supply coming online Australia (CAPEX over $1,500/tpa) Russia (CAPEX over $1,500/tpa) SUSTAINED TREND TO GROWING NATURAL GAS NEEDS Environmentally preferred hydrocarbon Emerging countries needs China (+11% CAGR ) Brazil (+34% CAGR ) India (17% expected CAGR ) 100+ mtpa of new FSRU demand projected by 2020 Energy policies CO2 emission reduction in China (Nov 14) Nuclear decommissioning in Germany UK phasing out coal by 2025 Direct potential results of COP21 (rising of temperature below 2ᵒC above preindustrial levels) 14

15 Potential new sources of LNG Supply LNG IMPORT LNG EXPORT LNG EXPORT (future) 15

16 Global LNG demand projected to be 470 mtpa in 2030 fueled by Asia and Niche Markets growth mmtpa Niche ~5% (Asia & CAGR ME) Europe Natural gas is an environmentally preferred source of energy available in large quantity LNG demand doubling over the next 20 years, largely driven by Asia-Pacific Source: Wood Mackenzie China/Indi a Japan, Korea, Taiwan Japan South Korea Taiwan China India South East Asia Europe South America Others LNG buyers seek: Competitive pricing Diversification of supply Lower risk projects Project credibility & certainty of outcome Potentially, vertical project integration 16

17 Rapid growth in number of countries importing LNG Widening gap between LNG import & export capacity, with 50 countries anticipated to import LNG by 2025 Many new import countries are in the Atlantic Basin SOURCE: Poten and Partners 17

18 Existing global LNG oversupply is projected to end by

19 NORTH AMERICAN GAS SUPPLY AND TRANSPORTATION

20 Canada s AECO gas trades at a growing discount to Henry Hub $/mmbtu Long-term discount to HH forecasted at over 20% (which could be even larger in the absence of multiple BC LNG project FIDs) SOURCE: Poten & Partners; Bloomberg, as of Jan 1, 2017 AECO index has historically traded at a discount to Henry Hub : Average discount of $0.67/mmBtu, a discount of 15% : Average discount of $0.68/mmBtu, a discount of 27% 2016: AECO even more depressed with a 37% average discount Increasing displacement of traditional AECO market by Marcellus production will further depress AECO pricing 20

21 2003: Canadian infrastructure used at capacity with high level of export to Northeast US/Canada High volume of Canadian natural gas being exported to US at a high price Limited excess gas pipeline capacity from Western Canada to Ontario/Quebec/Northeast US Total capacity: 7 bcf/d Énergie Saguenay SOURCE: rbnenergy.com and transcanada 21

22 2020: Significant excess gas pipeline capacity in the Canadian Mainline system Significant available gas pipeline capacity from Western Canada to eastern Ontario, with most of the mainline fully depreciated by 2020 Significant Canadian Supply from new sources (e.g. Montney, Duvernay) Total capacity: 7 bcf/d Énergie Saguenay SOURCE: rbnenergy.com and transcanada 22

23 Energie Saguenay will require a new build gas pipeline following existing right-of-way The higlighted route represents the current existing gas pipeline. TCPL Mainline Dawn Hub EASTERN TRIANGLE 36/42-inch gas pipeline from Iroquois/ Waddington to Saguenay (650 km) Gas pipeline aligns with recent Quebec Govt Energy Policy Significant gas pipeline capacity from Alberta to Ontario 23

24 ENERGIE SAGUENAY PROJECT OVERVIEW

25 Available, reliable and renewable electricity Hedge against natural gas price increases and carbon taxes, as well as reduced OPEX and CAPEX Énergie Saguenay Massive hydroelectricity production (Churchill Falls, James Bay) converges towards the Saguenay Region Project requirements (550 MW) can be met by Hydro-Québec s available surplus power Enables use of electric motor drives and greatly reduces GHG emissions at liquefaction plant Long-term hydroelectricity cost and supply certainty and stability 25

26 Valuable existing infrastructure and local skilled labor 250,000+ people (surrounding region) Significant skilled labor (from local mining & forestry industry/projects) Available housing & amenities (no camps) 15 km Grande Anse Marine Terminal (at site) 735 kv substation (40 km from site) Gas Pipeline right-of-way (10 km from site) Intermodal Rail Yard (at site) 6 km Major Highway to Quebec City (4-lane dual carriage way) Bagotville Airport (18 km from site) 26

27 One of the best LNG export plant sites in the world Port Laydown Yards 27

28 Unique site location enables reduced, competitive CAPEX/OPEX Sheltered, year-round deepwater port Access to reliable, low-cost hydropower Excellent existing infrastructure Available industrial land remote to population Superior plant efficiency due to low ambient temperatures Available skilled labor Saguenay region familiar with large projects 28

29 Energie Saguenay Plant Layout Grande Anse Terminal Preliminary view 29

30 SOCIAL ACCEPTABILITY Propriété de GNL Québec. Tous droits réservés.

31 A transparent consultation process with communities Proposed mechanism for advisory committees, work groups and GNL Quebec ADVISORY COMMITTEE FOR THE LNG TERMINAL Objective Discuss issues and concerns associated with the industrial installations in Port Saguenay WORK GROUPS ON MAJOR CONCERNS ABOUT THE PROJECT Objective Discuss in detail the major issues of the project with stakeholders Gather information and experts advices on these issues Composition according to themes Experts and scientists Key persons Interested or concerned stakeholders Composition Facilitator GNL Quebec representatives from: Municipalities Citizens First Nations (observers) Tourism groups Environmental groups Social and economic groups ADVISORY COMMITTEE FOR MARINE TRANSPORTATION Objective Discuss issues and concerns associated with marine transportation Composition Facilitator GNL Quebec representatives from: Municipalities Citizens First Nations (observers) Tourism groups Environmental groups Marine management and safety groups FOLLOW UP COMMITTEE WITH FIRST NATIONS Objective Discuss issues and concerns associated with the project that are specific to the First Nations Composition GNL Québec Community representatives of: Pessamit Essipit Mashteuiatsh 31

32 Strong cooperation and support from First Nations Workshop groups set up between GLNQ and three First Nations: o Masteuiash (Lac St- Jean) o Essipit (Tadoussac) o Pessamit (Baie Comeau) Collaborative agreement signed on May 26,

33 CONTACT US Phone : contact@energiesaguenay.com

Natural Gas & LNG Fundamentals. Greg Kist Vice President, Marketing, Corporate & Government Relations

Natural Gas & LNG Fundamentals. Greg Kist Vice President, Marketing, Corporate & Government Relations Natural Gas & LNG Fundamentals Greg Kist Vice President, Marketing, Corporate & Government Relations Marketing & Risk Management Strategy Hedge up to 50% of production currently focused on protecting AECO

More information

Comparison of Netbacks from Potential LNG Project with ALCAN Pipeline Project

Comparison of Netbacks from Potential LNG Project with ALCAN Pipeline Project Comparison of Netbacks from Potential LNG Project with ALCAN Pipeline Project June 20, 2008 Barry Pulliam Senior Economist Econ One Research 5th Floor 601 W 5th Street Los Angeles, California 90071 213

More information

IPTC MS The Outlook for LNG Supply to Asia. Stuart Traver, Lalitha Seelam and Nick Fulford Baker Hughes Inc. and Gaffney, Cline & Associates

IPTC MS The Outlook for LNG Supply to Asia. Stuart Traver, Lalitha Seelam and Nick Fulford Baker Hughes Inc. and Gaffney, Cline & Associates IPTC 17774 - MS The Outlook for LNG Supply to Asia Stuart Traver, Lalitha Seelam and Nick Fulford Baker Hughes Inc. and Gaffney, Cline & Associates Slide 2 2013 GLOBAL NATURAL GAS TRADE Units: billion

More information

North America OECD Europe Asia Pacific

North America OECD Europe Asia Pacific Australian LNG: Asia s natural supplier of LNG Peter Cleary, Vice President LNG Markets and Eastern Australia Commercial AJBCC: 52nd Australia-Japan Joint Business Conference Plenary Session Four: Energy

More information

The Role of GCC s Natural Gas in the World s Gas Markets

The Role of GCC s Natural Gas in the World s Gas Markets World Review of Business Research Vol. 1. No. 2. May 2011 Pp. 168-178 The Role of GCC s Natural Gas in the World s Gas Markets Abdulkarim Ali Dahan* The objective of this research is to analyze the growth

More information

Gas Markets Globalization: Perspectives and Limits

Gas Markets Globalization: Perspectives and Limits Gas Markets Globalization: Perspectives and Limits By: Sid Ahmed Hamdani, Senior Business Analyst, Sonatrach, Algeria Date:04 June 2012 Venue: Kuala Lumpur Towards Gas Market Globalization? Increasing

More information

The Shale Invasion: Will U.S. LNG Cross the Pond? New terminals ramp up exports.

The Shale Invasion: Will U.S. LNG Cross the Pond? New terminals ramp up exports. ? The Shale Invasion: Will U.S. LNG Cross the Pond? New terminals ramp up exports. Morningstar Commodities Research 6 December 2016 Sandy Fielden Director, Oil and Products Research +1 512 431-8044 sandy.fielden@morningstar.com

More information

CHENIERE ENERGY, INC. Louisiana Energy Conference. June 2016

CHENIERE ENERGY, INC. Louisiana Energy Conference. June 2016 CHENIERE ENERGY, INC. Louisiana Energy Conference June 2016 Forward Looking Statements This presentation contains certain statements that are, or may be deemed to be, forward-looking statements within

More information

Rice University World Gas Trade Model

Rice University World Gas Trade Model Rice University World Gas Trade Model Peter Hartley Kenneth B Medlock III Jill Nesbitt James A. Baker III Institute of Public Policy RICE 1 What does the model capture? World gas supply potential is large

More information

LNG Shipping: How Long Will The Good Times Last?

LNG Shipping: How Long Will The Good Times Last? LNG Shipping: How Long Will The Good Times Last? Poten & Partners November 1 HOUSTON NEW YORK LONDON ATHENS SINGAPORE GUANGZHOU PERTH A GLOBAL BROKER AND COMMERCIAL ADVISOR FOR THE ENERGY AND OCEAN TRANSPORTATION

More information

The Outlook for Energy: A View to 2040

The Outlook for Energy: A View to 2040 The Outlook for Energy: A View to 2040 Rob Gardner March 2014 This presentation includes forward looking statements. Actual future conditions (including economic conditions, energy demand, and energy supply)

More information

Energy in Perspective

Energy in Perspective Energy in Perspective BP Statistical Review of World Energy 27 Christof Rühl Deputy Chief Economist London, 12 June 27 Outline Introduction What has changed? The medium term What is new? 26 in review Conclusion

More information

ST98: 2018 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK. Executive Summary.

ST98: 2018 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK. Executive Summary. ST98: 2018 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK Executive Summary ST98 www.aer.ca EXECUTIVE SUMMARY The Alberta Energy Regulator (AER) ensures the safe, efficient, orderly, and environmentally

More information

ST98: 2018 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK. Executive Summary.

ST98: 2018 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK. Executive Summary. ST98: 2018 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK Executive Summary ST98 www.aer.ca EXECUTIVE SUMMARY The Alberta Energy Regulator (AER) ensures the safe, efficient, orderly, and environmentally

More information

Australian LNG: Asia s natural supplier of LNG

Australian LNG: Asia s natural supplier of LNG Australian LNG: Asia s natural supplier of LNG Peter Cleary, Vice President LNG Markets and Eastern Australia Commercial AJBCC: 52nd Australia-Japan Joint Business Conference Plenary Session Four: Energy

More information

Lecture 12. LNG Markets

Lecture 12. LNG Markets Lecture 12 LNG Markets Data from BP Statistical Review of World Energy 1991 to 2016 Slide 1 LNG Demand LNG demand is expected to grow from China, India and Europe in particular. Currently biggest importer

More information

The Evolving Landscape of the LNG Sector.

The Evolving Landscape of the LNG Sector. The Evolving Landscape of the LNG Sector Four Divisions One Team One integrated full-service team for your project to serve you from concept to commercial operations Ship Broking Logistics Braemar ACM

More information

Workshop on APEC Coal Supply Security Tokyo 20 March 2015

Workshop on APEC Coal Supply Security Tokyo 20 March 2015 Workshop on APEC Coal Supply Security Tokyo 20 March 2015 Possible coal supply risk factors that influence Asia-Pacific markets: A Canadian perspective Francois Nguyen, Principal, Global Energy Strategic

More information

Liquefied Natural Gas (LNG) Sector Overview March 2017

Liquefied Natural Gas (LNG) Sector Overview March 2017 Liquefied Natural Gas (LNG) Sector Overview March 2017 Global Industry LNG Industry Life Cycle Industry Dynamics Trade Regional Mix Exporting & Importing Countries Pricing Local Industry Dynamics Production

More information

AltaGas. Introduction to AltaGas and the Proposed Ridley Island Propane Export Terminal. Prince George City Council July 11, 2016

AltaGas. Introduction to AltaGas and the Proposed Ridley Island Propane Export Terminal. Prince George City Council July 11, 2016 Introduction to and the Proposed Ridley Island Propane Export Terminal Prince George City Council July 11, 2016 Presentation 1. overview 2. Investments in B.C. 3. Community engagement 4. Propane in every

More information

LNG MARKET TRENDS AND OPPORTUNITIES IN LNG SUPPLY CHAIN

LNG MARKET TRENDS AND OPPORTUNITIES IN LNG SUPPLY CHAIN LNG MARKET TRENDS AND OPPORTUNITIES IN LNG SUPPLY CHAIN LNG SEMINAR PETROLEUM INSTITUTE OF PAKISTAN MAY 23, 2016 ISLAMABAD No part of this presentation may be circulated, quoted, or reproduced for distribution

More information

Rice World Gas Trade Model: Russian Natural Gas and Northeast Asia

Rice World Gas Trade Model: Russian Natural Gas and Northeast Asia Rice World Gas Trade Model: Russian Natural Gas and Northeast Asia Peter Hartley Kenneth B Medlock III James A. Baker III Institute of Public Policy RICE 1 Overview and motivation Worldwide, the demand

More information

The Impact of the Recession on Gas Markets

The Impact of the Recession on Gas Markets The Impact of the Recession on Gas Markets What has changed in our Brave New World Gas demand dropped by 2% Bigger drops in OECD region, FSU, Latin America But some notable exceptions: China, India Some

More information

CHENIERE ENERGY, INC.

CHENIERE ENERGY, INC. CHENIERE ENERGY, INC. Factors Affecting Global Coal-Gas Competition NGI Workshop - Global Competition Between Coal and Natural Gas October 15th 218 Najla Jamoussi Director, Market Fundamentals & Corporate

More information

Strategic Natural Gas Markets

Strategic Natural Gas Markets Strategic Natural Gas Markets Kang Wu and Rami Shabaneh KAPSARC Presentation at the 8th GPCA Fertilizer Convention, The Ritz-Carlton Hotel, Bahrain, September 27-28, 2017 Agenda 1. Natural Gas Supply and

More information

ROYAL DUTCH SHELL PLC LEADER IN GLOBAL GAS

ROYAL DUTCH SHELL PLC LEADER IN GLOBAL GAS ROYAL DUTCH SHELL PLC LEADER IN GLOBAL GAS DEFINITIONS AND CAUTIONARY NOTE Resources: Our use of the term resources in this announcement includes quantities of oil and gas not yet classified as Securities

More information

Sixth IEA-IEF-OPEC Symposium on Energy Outlooks

Sixth IEA-IEF-OPEC Symposium on Energy Outlooks Sixth IEA-IEF-OPEC Symposium on Energy Outlooks 16 February 216 IEF Headquarters Riyadh, Saudi Arabia Dr Patrick Allman-Ward Chief Executive Officer Dana Gas PJSC 1 Forward Looking Statement This presentation

More information

Saint John, New Brunswick Community Panel Session. National Energy Board August 8, 2016

Saint John, New Brunswick Community Panel Session. National Energy Board August 8, 2016 Saint John, New Brunswick Community Panel Session National Energy Board August 8, 2016 1 What is Energy East? $15.7 billion* 100% privately financed project 4,500 km length of pipeline from Alberta to

More information

The Shifting Sands of Natural Gas Abundance

The Shifting Sands of Natural Gas Abundance August 17, 2016 The Shifting Sands of Natural Gas Abundance Richard Meyer Manager, Energy Analysis & Standards Here s how global energy changed between 2014 and 2015. Winners were oil, natural gas, renewables.

More information

Edgardo Curcio President AIEE

Edgardo Curcio President AIEE Edgardo Curcio President AIEE The First National Conference on Liquefied Natural Gas for Transports - Italy and the Mediterranean Sea April 11, 2013 What is LNG? The LNG (Liquefied Natural Gas) is a fluid

More information

Changes and trends in global gas prices + East Med Regional Markets

Changes and trends in global gas prices + East Med Regional Markets Changes and trends in global gas prices + East Med Regional Markets Israel International Energy & Business Convention 2017 Eco Energy, 4-5 December 2017, Ramat Gan Dr. CHARLES ELLINAS CEO e-cnhc 1 Contents

More information

Fredericton, New Brunswick Community Panel Session. National Energy Board August 15, 2016

Fredericton, New Brunswick Community Panel Session. National Energy Board August 15, 2016 Fredericton, New Brunswick Community Panel Session National Energy Board August 15, 2016 1 What is Energy East? $15.7 billion* 100% privately financed project 4,500 km length of pipeline from Alberta to

More information

LNG Exports: A Brief Introduction

LNG Exports: A Brief Introduction LNG Exports: A Brief Introduction Natural gas one of the world s most useful substances is burned to heat homes and run highly-efficient electrical powerplants. It is used as a feedstock in the manufacture

More information

Session 3: Enhancing gas supply and diversification New sources & markets

Session 3: Enhancing gas supply and diversification New sources & markets Session 3: Enhancing gas supply and diversification New sources & markets IEF-IGU Gas Ministerial 22 nd November 218 Key messages: Enhancing gas supply and diversification new sources and markets Key messages

More information

Short Term Energy Outlook March 2011 March 8, 2011 Release

Short Term Energy Outlook March 2011 March 8, 2011 Release Short Term Energy Outlook March 2011 March 8, 2011 Release Highlights West Texas Intermediate (WTI) and other crude oil spot prices have risen about $15 per barrel since mid February partly in response

More information

LNG Opportunities. An Oil Search Perspective. PNG Chamber of Mines and Petroleum 28 November Oil Search Limited ARBN

LNG Opportunities. An Oil Search Perspective. PNG Chamber of Mines and Petroleum 28 November Oil Search Limited ARBN LNG Opportunities An Oil Search Perspective PNG Chamber of Mines and Petroleum 28 November 2017 Oil Search Limited ARBN 055 079 868 Strong long-term global LNG market fundamentals ASIAN DEMAND (MTPA) 364

More information

Liquefied Natural Gas (LNG) Production and Markets. By: Jay Drexler, Dino Kasparis, and Curt Knight

Liquefied Natural Gas (LNG) Production and Markets. By: Jay Drexler, Dino Kasparis, and Curt Knight Liquefied Natural Gas (LNG) Production and Markets By: Jay Drexler, Dino Kasparis, and Curt Knight Outline Purpose of the presentation What is Liquefied Natural Gas? (LNG) LNG Operations Brief History

More information

Regional Gas Market Update

Regional Gas Market Update April 26, 2018 Milford, MA Regional Gas Market Update Presentation to: ISO-NE Planning Advisory Committee Tom Kiley Northeast Gas Association 1 Topic Areas Natural gas safety message. Recent market growth,

More information

LNG Import Terminals: Challenges and Opportunities

LNG Import Terminals: Challenges and Opportunities LNG Import Terminals: Challenges and Opportunities 13 th October 2016 Mangesh Patankar Head of Business Development (Asia Pacific), Galway Group www.galwaygroup.com 1 Galway Group has been actively involved

More information

Research Projects as of March 27, 2018

Research Projects as of March 27, 2018 2017-2018 Research Projects as of March 27, 2018 CARBON MANAGEMENT IMPACTS ON ELECTRICITY MARKETS IN CANADA This project is designed to gain insights into challenges and opportunities carbon management

More information

LNG The Roadmap. Martin Houston LNG Asia - Singapore - 14 th February 2017

LNG The Roadmap. Martin Houston LNG Asia - Singapore - 14 th February 2017 LNG The Roadmap Martin Houston LNG Asia - Singapore - 14 th February 2017 Is this your LNG road? 2 This is mine 3 Where we start and finish n Overcapacity of LNG production n A pre-winter bonanza for LNG

More information

Reference Materials Overview of Coal Industry

Reference Materials Overview of Coal Industry Reference Materials Overview of Coal Industry 1 Table of Contents Global Energy Resource Reserves ---------------------------------------- 3 Status of Global Energy Resources Supply ----------------------------------------

More information

European Gas Market in 2017: State and Perspectives

European Gas Market in 2017: State and Perspectives European Gas Market in 2017: State and Perspectives Sergei Komlev Head of Contract Structuring and Price Formation Directorate Gazprom Export Oil & Gas Forum, Thompson Reuters Moscow, December 14, 2017

More information

Appendix A. Project Description

Appendix A. Project Description Appendix A Project Description I. Project Summary 1. The proposed Jordan Cove LNG export terminal ( Jordan Cove ) is a facility designed to produce and export liquefied natural gas ( LNG ). Jordan Cove

More information

Gazprom s export strategy to Europe: Ensuring security of supply vs challenges from US LNG where does Asia fit in and how high can exports go?

Gazprom s export strategy to Europe: Ensuring security of supply vs challenges from US LNG where does Asia fit in and how high can exports go? From Russia to Europe. Gazprom s export strategy to Europe: Ensuring security of supply vs challenges from US LNG where does Asia fit in and how high can exports go? Elena Burmistrova Director General,

More information

NATIONAL ENERGY BOARD

NATIONAL ENERGY BOARD Page 1 of 12 NATIONAL ENERGY BOARD IN THE MATTER OF The National Energy Board Act, R.S.C. 1985, c. N-7, as amended, and the National Energy Board Act Part VI (Oil and Gas) Regulations made thereunder;

More information

COMPETITIVE ANALYSIS OF CANADIAN LNG. CERI Breakfast Overview Allan Fogwill, President & CEO Sept 19, 2018

COMPETITIVE ANALYSIS OF CANADIAN LNG. CERI Breakfast Overview Allan Fogwill, President & CEO Sept 19, 2018 COMPETITIVE ANALYSIS OF CANADIAN LNG CERI Breakfast Overview Allan Fogwill, President & CEO Sept 19, 2018 Overview Canadian Energy Research Institute Founded in 1975, the Canadian Energy Research Institute

More information

RYSTAD ENERGY GAS PERSPECTIVES. Jakarta, November 20 th 2017

RYSTAD ENERGY GAS PERSPECTIVES. Jakarta, November 20 th 2017 RYSTAD ENERGY GAS PERSPECTIVES Jakarta, November 2 th 217 Agenda 1. Global LNG market outlook Oversupply and new Asian demand 2. Japan LNG Market outlook LNG demand in a nuclear restart 2 Longer distances

More information

Institut Français des Relations Internationales Energy Roundtable

Institut Français des Relations Internationales Energy Roundtable Institut Français des Relations Internationales Energy Roundtable Brussels March 21 st, 2013 New Energy Resources in East Africa Pushing back the continent s last hydrocarbon frontier Roger CARVALHO CEO

More information

World LNG Report industry trends-

World LNG Report industry trends- World LNG Report-218 -industry trends- Satoshi Yoshida General Manager, International Section, Policy and Planning Department Japan Gas Association International Gas Union (IGU) Who we are Founded in 1931,

More information

WHAT IS LIQUEFIED NATURAL GAS?

WHAT IS LIQUEFIED NATURAL GAS? WHAT IS LIQUEFIED NATURAL GAS? WHAT IS NATURAL GAS? Natural gas is a colourless and odourless gas that is created from organic matter that has decayed for millions of years. Around the world, people use

More information

2017 Outlook for Energy: A View to 2040

2017 Outlook for Energy: A View to 2040 217 Outlook for Energy: A View to 24 Texas A&M Energy Symposium Som Sinha The Outlook for Energy includes Exxon Mobil Corporation s internal estimates and forecasts of energy demand, supply, and trends

More information

Expanding Existing Pipeline Capacity to Meet New England s Energy Needs. Mike Dirrane Director, Marketing

Expanding Existing Pipeline Capacity to Meet New England s Energy Needs. Mike Dirrane Director, Marketing Expanding Existing Pipeline Capacity to Meet New England s Energy Needs Mike Dirrane Director, Marketing January 27, 2015 Spectra Energy s Portfolio of Assets Based in Houston, TX with operations in 30

More information

Milken Institute: Center for Accelerating Energy Solutions

Milken Institute: Center for Accelerating Energy Solutions Milken Institute: Center for Accelerating Energy Solutions Center for Accelerating Energy Solutions Promotes policy and market mechanisms to build a more stable and sustainable energy future Identifies

More information

Market Diversification & Infrastructure Oilmen s Executive Business Forum Banff, August 21, 2012 Dave Collyer, CAPP

Market Diversification & Infrastructure Oilmen s Executive Business Forum Banff, August 21, 2012 Dave Collyer, CAPP Market Diversification & Infrastructure Oilmen s Executive Business Forum Banff, August 21, 2012 Dave Collyer, CAPP The Canadian Oil and Natural Gas Industry - A Key Driving Force in the Canadian Economy

More information

Companies Behind LNG Canada Formalize Joint Venture; Milestone for Proposed Project

Companies Behind LNG Canada Formalize Joint Venture; Milestone for Proposed Project Companies Behind LNG Canada Formalize Joint Venture; Milestone for Proposed Project Vancouver, British Columbia, April 30, 2014 Shell Canada Energy (Shell), PetroChina Corporation, Korea Gas Corporation

More information

LNG Projects & Markets Past, Present & Challenges Ahead

LNG Projects & Markets Past, Present & Challenges Ahead LNG Projects & Markets Past, Present & Challenges Ahead Presented by: Don Andress Mostefa Ouki Nexant [Part 2: Markets, Past, Present & Challenges Ahead] United States Association for Energy Economics

More information

2017 Outlook for Energy: A View to 2040

2017 Outlook for Energy: A View to 2040 217 Outlook for Energy: A View to 24 Todd Onderdonk October 16, 217 The Outlook for Energy includes Exxon Mobil Corporation s internal estimates and forecasts of energy demand, supply, and trends through

More information

Global LNG Market dynamics, key trends and market outlook

Global LNG Market dynamics, key trends and market outlook REUTERS / Anne Kat Brevik Global LNG Market dynamics, key trends and market outlook December 14, 217 What to address Market dynamics, key trends and market outlook The role and outlook for U.S. LNG China

More information

CHENIERE ENERGY, INC. How is the Rest of the World s LNG Interfacing With Europe?

CHENIERE ENERGY, INC. How is the Rest of the World s LNG Interfacing With Europe? CHENIERE ENERGY, INC. How is the Rest of the World s LNG Interfacing With Europe? European Gas Conference - Vienna Andrew Walker VP LNG Strategy January 23, 18 2 Safe Harbor Statements Forward-Looking

More information

Strategic Issues Facing the Natural Gas Industry

Strategic Issues Facing the Natural Gas Industry FINANCE COMMITTEE MEETING Denver, Colorado March 15, 2016 Strategic Issues Facing the Natural Gas Industry Thomas A. Petrie, CFA Chairman, Petrie Partners Topics Oil Price Recovery Prospects / Implications

More information

JAPAN ELECTRICITY MARKET AND THE ROLE OF RENEWABLES

JAPAN ELECTRICITY MARKET AND THE ROLE OF RENEWABLES JAPAN ELECTRICITY MARKET AND THE ROLE OF RENEWABLES ENERGY TRANSPARENCY 2013 ALI IZADI 20 JUNE 2013 /// Energy / / Transparency, Tokyo, / / 20 / June / / 2013 / / / 1 JAPAN ELECTRICITY CONSUMPTION INTENSITY

More information

US LNG Supply into Europe. Baltic Energy Summit, Vilnius November 25 th, 2015 Helena Wisden, Cheniere Marketing International

US LNG Supply into Europe. Baltic Energy Summit, Vilnius November 25 th, 2015 Helena Wisden, Cheniere Marketing International US LNG Supply into Europe Baltic Energy Summit, Vilnius November 25 th, 2015 Helena Wisden, Cheniere Marketing International Forward Looking Statements This presentation contains certain statements that

More information

Trends in International LNG

Trends in International LNG Trends in International LNG Anthony Patten, Partner, Allens Presentation to AMPLA State Conference Fremantle, Western Australia 18 May 2012 Allens is an independent partnership operating in alliance with

More information

Canada s Upstream Oil and Gas Sector - Global Leadership

Canada s Upstream Oil and Gas Sector - Global Leadership Canada s Upstream Oil and Gas Sector - Global Leadership Calgary-China Investment Summit Beijing, China October 17, 2013 Dave Collyer, President 1 Global Primary Energy Demand 20,000 18,000 16,000 14,000

More information

Energy East Pipeline. Project Overview. Kevin Maloney Manager, New Build Pipeline AB, NB, JV Irving and Cromer September, 2014

Energy East Pipeline. Project Overview. Kevin Maloney Manager, New Build Pipeline AB, NB, JV Irving and Cromer September, 2014 Energy East Pipeline Project Overview Kevin Maloney Manager, New Build Pipeline AB, NB, JV Irving and Cromer September, 2014 TransCanada: Leading North American Energy Infrastructure Company ENERGY EAST

More information

NAVIGANT S ENERGY MARKET OUTLOOK

NAVIGANT S ENERGY MARKET OUTLOOK NAVIGANT S ENERGY MARKET OUTLOOK 2017 VIEW OF THE NORTH AMERICAN ENERGY MARKETS SEPTEMBER 13, 2017 ROB PATRYLAK MANAGING DIRECTOR DAVID WALLS MANAGING DIRECTOR 1 DISCLAIMER Notice Regarding Presentation

More information

Oxford Institute for Energy Studies Natural Gas Programme Howard V Rogers

Oxford Institute for Energy Studies Natural Gas Programme Howard V Rogers Oxford Institute for Energy Studies Natural Gas Programme Howard V Rogers LNG Costs, Russian Exports and Global Interactions December 9 th & 1 th 215 WE ARE: A gas research programme at a Recognised Independent

More information

Natural gas supply in Québec. An undeniable asset for industrial development

Natural gas supply in Québec. An undeniable asset for industrial development Natural gas supply in Québec An undeniable asset for industrial development Énergir a key player in sustainable development With more than $7 billion in assets, Énergir distributes 97% of all natural gas

More information

2017 Outlook for Energy: A View to 2040

2017 Outlook for Energy: A View to 2040 217 Outlook for Energy: A View to 24 Bargo Adibhatla May 217 The Outlook for Energy includes Exxon Mobil Corporation s internal estimates and forecasts of energy demand, supply, and trends through 24 based

More information

The Outlook for Energy:

The Outlook for Energy: The Outlook for Energy: A View to 24 Somnath Sinha May 12, 216 The Outlook for Energy includes Exxon Mobil Corporation s internal estimates and forecasts of energy demand, supply, and trends through 24

More information

Natural Gas Supply, Demand, and the Prospects for North American LNG Exports

Natural Gas Supply, Demand, and the Prospects for North American LNG Exports Natural Gas Supply, Demand, and the Prospects for North American LNG Exports December 3 rd, 2014 Robert D. Stibolt Senior Managing Director Observations on natural gas prices and project returns Price

More information

38th Annual Alaska Resources Conference

38th Annual Alaska Resources Conference 38th Annual Alaska Resources Conference November 16, 2017 Keith Meyer 1 AGDC JOINT AGREEMENT Pence 2 PRESENTATION OVERVIEW Alaska LNG system economic overview. China agreement; implications for Alaska

More information

Adani Australia Lessons and Opportunities

Adani Australia Lessons and Opportunities Adani Australia Lessons and Opportunities Hamish Manzi, Head of Environment & Sustainability Source: NQBP. 1 Presentation Outline 1. The Adani Business in India 2. The Adani Business in Australia 3. Opportunities

More information

2005 North American Natural Gas Outlook Client Presentation

2005 North American Natural Gas Outlook Client Presentation 2005 North American Natural Gas Outlook Client Presentation January 17, 2005 Ron Denhardt Vice President, Natural Gas Services Strategic Energy & Economic Research Inc. 781 756 0550 (Tel) Copyright 2004

More information

WILL THERE BE A TWO-TIER LNG CONTRACT PRICING MECHANISM IN ASIA?

WILL THERE BE A TWO-TIER LNG CONTRACT PRICING MECHANISM IN ASIA? WILL THERE BE A TWO-TIER LNG CONTRACT PRICING MECHANISM IN ASIA? By: Kyoichi Miyazaki Majed Limam Poten & Partners, Inc., New York Date: 5 th June, 2012 Venue: Kuala Lumpur, Malaysia $/MMBtu 2 Gas prices

More information

Ontario Energy Network Meeting Energy Demand and Improving Environmental Performance: A Balanced Approach

Ontario Energy Network Meeting Energy Demand and Improving Environmental Performance: A Balanced Approach Ontario Energy Network Meeting Energy Demand and Improving Environmental Performance: A Balanced Approach December 6, 2011 Hal Kvisle President and CEO (Retired) TransCanada Corporation Forward-Looking

More information

BP Energy Outlook 2016 edition

BP Energy Outlook 2016 edition BP Energy Outlook 216 edition Mark Finley 14th February 216 Outlook to 235 bp.com/energyoutlook #BPstats Economic backdrop Trillion, $21 25 Other 2 India Africa 15 China 1 OECD 5 OECD 1965 2 235 GDP 2

More information

Markets and Opportunities. Paul Burgener March 2015

Markets and Opportunities. Paul Burgener March 2015 Markets and Opportunities Paul Burgener March 2015 Disclaimer Copyright BP Energy Company. All rights reserved. Contents of this presentation do not necessarily reflect the Company s views. This presentation

More information

Global gas markets: the aftermath of the global recession

Global gas markets: the aftermath of the global recession Global gas markets: the aftermath of the global recession www.woodmac.com Jen Snyder Wood Mackenzie CSIS 28 October 2009 Delivering commercial insight to the global energy industry The deep global recession

More information

The Outlook for Energy:

The Outlook for Energy: The Outlook for Energy: A View to 24 Todd Onderdonk FPA DFW Symposium May 216 The Outlook for Energy includes Exxon Mobil Corporation s internal estimates and forecasts of energy demand, supply, and trends

More information

Energy Statistics: Making the Numbers Count

Energy Statistics: Making the Numbers Count Energy Statistics: Making the Numbers Count IFEG Autumn Seminar, 5 th November 29 Paul Appleby, BP Group Economics Team Working with Energy Statistics The key challenges. Finding relevant & reliable data

More information

An INDEPENDENT energy consulting company since 1996 No affiliation with any marketer, broker, agent, utility, pipeline or producer.

An INDEPENDENT energy consulting company since 1996 No affiliation with any marketer, broker, agent, utility, pipeline or producer. An INDEPENDENT energy consulting company since 1996 No affiliation with any marketer, broker, agent, utility, pipeline or producer. More than two decades of experience in the natural gas and electric industries

More information

DUAL PLENARY SESSION: Energy Market Integration - Developments in LNG

DUAL PLENARY SESSION: Energy Market Integration - Developments in LNG DUAL PLENARY SESSION: Energy Market Integration - Developments in LNG Effects of recent and future developments in LNG markets on the interconnectedness of regional gas markets Fisoye Delano Poten & Partners

More information

ASX/MEDIA RELEASE 23 APRIL 2015 MAGNOLIA LNG PROJECT TOLLING AGREEMENT UPDATE WITH MERIDIAN LNG

ASX/MEDIA RELEASE 23 APRIL 2015 MAGNOLIA LNG PROJECT TOLLING AGREEMENT UPDATE WITH MERIDIAN LNG ASX/MEDIA RELEASE 23 APRIL 2015 MAGNOLIA LNG PROJECT TOLLING AGREEMENT UPDATE WITH MERIDIAN LNG The Directors of Liquefied Natural Gas Limited (the Company, ASX Code: LNG) are pleased to advise that its

More information

Liquefied Natural Gas Limited

Liquefied Natural Gas Limited Liquefied Natural Gas Limited Greg Vesey Managing Director and Chief Executive Officer Who s Going To Jump In First? North American Gas Forum October 2, 2017 ASX: LNG and OTC ADR: LNGLY Forward looking

More information

Energy Availability and the Future of the Fertilizer Industry. Rayola Dougher API Senior Economic Advisor

Energy Availability and the Future of the Fertilizer Industry. Rayola Dougher API Senior Economic Advisor Energy Availability and the Future of the Fertilizer Industry Rayola Dougher API Senior Economic Advisor dougherr@api.org Energy: the engine of our economic growth 1974 1980 1986 1992 1998 2004 2010 2016

More information

Energy in 2011 disruption and continuity

Energy in 2011 disruption and continuity June 212 bp.com/statisticalreview Energy in 211 disruption and continuity Richard de Caux, Refining Analyst, Group Economics Outline A year of disruptions Energy and the economy Fuel by fuel Concluding

More information

Global LNG Market Overview

Global LNG Market Overview Global LNG Market Overview 27 September, 2018 Toronto stock exchange listed, global intelligence solutions Request a demonstration of Evaluate Energy at this link 1 Who we serve 2 Global natural gas supply

More information

BP Energy Outlook 2018 edition

BP Energy Outlook 2018 edition BP Energy Outlook 218 edition Spencer Dale Group chief economist Alternative scenarios Primary energy consumption by fuel Carbon emissions Billion toe Billion tonnes CO2 2 24 4 35 15 Renewables 3 1 5 216

More information

LNG from Western Canada: developing a new supply hub

LNG from Western Canada: developing a new supply hub LNG from Western Canada: developing a new supply hub Gastech Betsy Spomer March 2014 Source: BG Group Ridley Island (Prince Rupert) Legal notice The following presentation contains forward-looking statements

More information

LNG basics. Juan Manuel Martín Ordax

LNG basics. Juan Manuel Martín Ordax LNG basics Juan Manuel Martín Ordax LNG basics Definition: Liquefied Natural Gas (LNG) is the liquid form of natural gas. LNG is a natural gas. LNG is a liquid. When cooled at atmospheric pressure to temperatures

More information

Key Challenges for the Development of LNG

Key Challenges for the Development of LNG 17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17) 17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17) Key Challenges for the Development of LNG in

More information

Affordable Electricity Stable Energy Pricing Increasingly Clean. Coal Can Do That! Illinois Regulatory Policy Studies Conference

Affordable Electricity Stable Energy Pricing Increasingly Clean. Coal Can Do That! Illinois Regulatory Policy Studies Conference Affordable Electricity Stable Energy Pricing Increasingly Clean Coal Can Do That! November 30, 2006 Illinois Regulatory Policy Studies Conference Jacob Williams Vice President Generation Development Peabody

More information

BC Gas Exports and LNG Shipping: Unlocking the Export Potential

BC Gas Exports and LNG Shipping: Unlocking the Export Potential BC Gas Exports and LNG Shipping: Unlocking the Export Potential Christian Waldegrave Manager, Research, Strategic Development Tony Bingham Director, Business Development & Technology, Strategic Development

More information

BP Energy Outlook 2017 edition

BP Energy Outlook 2017 edition BP Energy Outlook 217 edition Margaret Chen Head of China Economist bp.com/energyoutlook #BPstats Economic backdrop Contributions to GDP growth by factor Contributions to GDP growth by region % per annum

More information

The New Global Gas Market Dynamic. Emmanuel Grand, FTI-CL Energy

The New Global Gas Market Dynamic. Emmanuel Grand, FTI-CL Energy The New Global Gas Market Dynamic Emmanuel Grand, FTI-CL Energy May 2017 Contents I. Key uncertainties on gas demand II. Drivers of global LNG prices III. Conclusion 2 I. Key uncertainties on gas demand

More information

Energy markets the short and the long term

Energy markets the short and the long term Energy markets the short and the long term Christof Rühl, Chief Economist, BP BP 2012 Outline The economy A year of disruptions Long term implications Conclusion Global growth: slow and on life support

More information

Insights into the future of the

Insights into the future of the Navigating a fractured future Insights into the future of the North American natural gas market A report by the Deloitte Center for Energy Solutions and Deloitte MarketPoint LLC Deloitte Center for Energy

More information

The Case for Investing in LNG Export Terminals in the US. Marine Money 2017 Meg Gentle, CEO

The Case for Investing in LNG Export Terminals in the US. Marine Money 2017 Meg Gentle, CEO The Case for Investing in LNG Export Terminals in the US Marine Money 2017 Meg Gentle, CEO June 19, 2017 Cautionary statement Forward looking statement Non-GAAP Financial Measures The information in this

More information