SUEZ LNG NA: A Leading Player in the U.S. LNG Market. Clay Harris, CEO of SUEZ LNG NA LLC May 30,2007

Size: px
Start display at page:

Download "SUEZ LNG NA: A Leading Player in the U.S. LNG Market. Clay Harris, CEO of SUEZ LNG NA LLC May 30,2007"

Transcription

1 SUEZ LNG NA: A Leading Player in the U.S. LNG Market Clay Harris, CEO of SUEZ LNG NA LLC May 30,2007

2 Disclaimer Important Information This communication does not constitute an offer to sell or the solicitation of an offer to sell any securities of Suez, nor shall there be any sale of securities in any jurisdiction (including the United States, Germany, Italy and Japan) in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the laws of such jurisdiction. The distribution of this communication may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. To the fullest extent permitted by applicable law, Suez disclaim any responsibility or liability for the violation of such restrictions by any person. Forward-Looking statements This communication contains forward-looking information and statements about Suez. Forward-looking statements are statements that are not historical facts. These statements include financial projections, synergies, cost-savings and estimates and their underlying assumptions, statements regarding plans, objectives, savings, and expectations with respect to future operations, products and services, and statements regarding future performance. Forward-looking statements are generally identified by the words expect, anticipates, believes, intends, estimates and similar expressions. Although the managements of Suez believe that the expectations reflected in such forward-looking statements are reasonable, investors and holders of Suez ordinary shares are cautioned that forward-looking information and statements are not guarantees of future performances and are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Suez, that could cause actual results, developments, synergies, savings and expectations to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include those discussed or identified in the public filings with the Autorité des marchés financiers ( AMF ) made by Suez, including those listed under Facteurs de Risques in the Document de Référence and its update filed by Suez on April 4, 2007 (under no: D ), as well as documents filed by Suez with the SEC, including those listed under Risk Factors in the Annual Report on Form 20-F for 2006 that Suez filed with the SEC on June 26, 2006, and in the Amended Annual Report on Form 20-F/A filed with the SEC on February 1, Except as required by applicable law, Suez doesn t undertake any obligation to update any forward-looking information or statements. 2

3 SUEZ LNG NA/Distrigas Profile Key Facts & Figures Currently, one of the top 2 importers of LNG into the U.S. Owns or holds long-term charters for multiple LNG tankers Owns and operates the Everett LNG Terminal north of Boston Long-term LNG sales contract with EcoElectrica in Puerto Rico Spot contracts with capacity holders at Cove Point, Maryland and elsewhere Has delivered LNG to all 6 U.S. LNG terminals: Everett, MA (SUEZ terminal); Cove Point, MD; Elba Island, GA; Lake Charles, LA; Puerto Rico; and Gulf Gateway Lake Charles, Louisiana Gulf Gateway Everett, Massachusetts Cove Point, Maryland Elba Island, Georgia Puerto Rico 3

4 U.S. Natural Gas Market Overview U.S. natural gas market continues to evolve from a regional market to a more global one through the increasing importance of LNG Today, the U.S. market is contributing substantially to global gas trade liquidity due to: Transparency and depth of the U.S. market Increased LNG supply diversification, linking the U.S. market more closely to Europe and Asia More than 50% of the imported LNG volumes into the U.S. in recent years being cargoes not originally contracted to serve the U.S. market 4

5 U.S. Natural Gas Production, Consumption, and Net Imports, (trillion cubic feet) 30 History Projections 25 Consumption Net Imports 21% 20 16% Pipeline Production 4.5 Liquefied Natural Gas Natural Gas Net Imports, 2005 and 2030 (trillion cubic feet) U.S. EIA Annual Energy Outlook

6 U.S. Net Imports of Natural Gas, (trillion cubic feet) History Canada Projections Overseas LNG Mexico U.S. EIA Annual Energy Outlook

7 LNG Supply Chain Supply Terminalling Marketing & Distribution Exploration & Production Liquefaction Shipping Regasification End Users SUEZ is present in all links of the LNG supply chain, save E&P 7

8 Import Terminal Investment Is Small Relative to Total Supply Chain Investment An LNG import terminal is but one piece of a large and capital-intensive supply chain Capital cost imbalance in the LNG Chain Indicative costs for a typical 1 billion cubic feet per day/ 7.8 metric tonnes per annum LNG project n Today, producers are facing greater investments given the rising costs of specialty materials, equipment manufacturing constraints, and scarcity of skilled laborers 8

9 U.S. Markets Must Compete with Other World Gas Markets for LNG Supplies LNG is a global commodity more tightly linking energy markets around the world. Price is the means by which markets balance supply and demand Fundamentally, high NYMEX prices will attract cargoes and increase supply, while lower prices will result in LNG moving to other markets such as Europe or Asia The price tightrope is both short and long term. Prices must be low enough for consumers, yet sufficiently high to attract necessary supplies 9

10 SUEZ s Everett LNG Import Terminal The Everett LNG Import Terminal is the longest-operating in the U.S., and the only continuously operating one Opened in 1971 as a peak shaving facility to help meet New England s relatively small natural gas demand Today it is an essential part of the region s energy supply mix Trucking Capacity 100 million cubic feet/day Vaporization Capacity 715 million cubic feet/day sustainable 1 billion cubic feet/day maximum installed 10

11 Importance of LNG in New England SUEZ/Distrigas serves most gas utilities in New England and currently meets 20% of the region s gas demand. New England s projected demand growth for natural gas is 1-2% per year for the foreseeable future. New England is at the end of U.S. interstate pipeline system and near the end of Canadian pipelines. The SUEZ/Distrigas terminal in Everett provides the necessary back pressure on the pipeline system. LNG s role in New England s power production is critical. Only with LNG is New England first in line. Diversity of energy supply is essential and LNG is a cleaner alternative. Distrigas supplies the fuel for the Mystic Generating Station, the largest power plant in New England. 11

12 Importance of LNG in New England The Everett Terminal directly connects into: Algonquin Pipeline Tennessee Gas Pipeline KeySpan local distribution system Mystic Generating power plant The Everett Terminal supplies LNG via truck to nearly all of the 46 customer-owned LNG storage tanks in region. (LNG is how natural gas is stored in New England.) Today, LNG from Everett and these facilities can meet 35% to 40% of the natural gas demand on peak days. 12

13 Growth Opportunity: Neptune Deepwater Port The Shuttle and Regasification vessel is based on a modified standard LNG ship 13

14 Neptune Deepwater Port Overview The deepwater port will consist of: Specially designed LNG vessels called Shuttle and Regasification Vessels SRVs with onboard regasification systems and a receiving cone for the buoy connection An unloading buoy system A 13.4 mile 24 pipeline that will connect into the existing natural gas pipeline system that serves eastern Massachusetts Each SRV will average a sendout of 400 million cubic feet of natural gas per day, with a peak sendout capability of 750 million cubic feet/day Approximately 1 vessel visit per week Dedicated Support Vessel First shipment of LNG expected in Fall

15 Growth Opportunity: Calypso LNG Deepwater Port 15

16 Calypso LNG Overview 16

17 SUEZ LNG NA s Market Pull Strategy E&P Liquefaction Shipping Regasification Sales Concentrate our resources on the downstream markets, where we have considerable expertise Start from the customer, secure market access (regasification positions) and thus attract competitive supply Develop portfolio flexibilities (FOB and shipping) & market arbitrage in order to increase profitability 17

18 From 2008 SUEZ Expands Supply Sources Neptune Everett Calypso Zeebrugge Huelva Rasgas Puerto Rico ALNG YLNG Brass LNG Existing liquefaction Existing regas Planned liquefaction Planned regas 18

19 SUEZ LNG NA: A Leading LNG Player in the U.S. LNG is playing an increasingly important role in the U.S. LNG enables cost effective gas transportation over long distances The U.S. is short of natural gas SUEZ has a global LNG asset portfolio and strong foothold in the growing U.S. LNG market One of the top two LNG importers into the U.S. 35+ year track record - Most experienced importer and operator in the U.S./Excellent technical capabilities - Strong reputation as a pacesetter operationally, technically, and in the communities we operate Ongoing development projects present opportunities for continued growth 19

20 Appendix 20

21 Major Sources of Incremental U.S. Natural Gas Supply (trillion cubic feet) Growth in Alaskan Production Growth in LNG Imports Base Production (all sources) Growth in Non-Associated Unconventional Sources U.S. EIA Annual Energy Outlook

22 2006 Daily U.S. LNG Imports 3.0 Everett COVE POINT ELBA ISLAND LAKE CHARLES NYMEX - Front Month Price Zeebrugge NBP $ $16 $14 BCF/d $12 $10 $8 1.0 $6 0.5 $4 $2 0.0 $0 Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Dec-06 22

23 What Accounts for the Peaks and Valleys? Prices were stronger in Europe and Asia overall in 2006 Warmer than normal winter in the U.S. in 2005/2006 Colder than normal winter in Europe Continued growth in demand last year in Asia Overall demand increase in Korea Nuclear facility outages in Japan Preparation for summer peaking needs in India and Taiwan Plus, there has been an increase in non-u.s. import capacity Those LNG supplies not under long-term contract for the U.S. found more inviting destinations in Europe and Asia The exception was during the summer months when prices in the U.S. and overseas were more in line with each other 23

24 Key NYMEX Price Drivers Weather Supply disruptions actual or perceived ex. hurricane activity in the Gulf of Mexico Oil prices Growth in natural gas demand from the power generation sector Strength of new supplies from the Rocky Mountains, Gulf of Mexico, and Canada (ex. Mackenzie Delta) LNG imports Overall economic health of the U.S. economy 24

25 Access to Supply: SUEZ Group s Position in Atlantic LNG Operational Train 1 (Apr 99): 3 mmtpa Train 2 (Jul 02): 3.3 mmtpa Train 3 (May 03): 3.3 mmtpa Train 4 (Q4 2005): 5.2 mmtpa SUEZ position: 10% ownership in Train 1, option for same in Train 5 Long-term offtake: 60% Train 1, 10% Train 2 Medium-term offtake: 40% Train 1, 23% Trains 2/3 25

26 Access to Shipping: SUEZ Group s Fleet Carrier Name SUEZ Matthew * Catalunya Spirit Capacity 125,000m 3 138,000m 3 TCP Term/In Service Date N/A 2009 Berge Boston ** 138,000m Berge Everett Methania SUEZ Brussels *** SUEZ Point Fortin *** SUEZ Paris *** Neptune SRVs *** 138,000m 3 130,000m 3 162,400m 3 154,200m 3 162,400 m3 145,000m N/A Q Q Q Q *100% owned, **50% owned, ***under construction 26

The Role of LNG in New England Gas Supply

The Role of LNG in New England Gas Supply The Role of LNG in New England Gas Supply Keith Crane, Commercial Development Director GDF SUEZ Gas North America Northeast Gas Association Meeting April 23, 2015 1 Winter 2014/2015 Was Cold 2 2 New England

More information

LNG Facts A Primer. Presentation before US Department of Energy, Office of Fossil Energy, LNG Forums. March 10, Kristi A. R.

LNG Facts A Primer. Presentation before US Department of Energy, Office of Fossil Energy, LNG Forums. March 10, Kristi A. R. LNG Facts A Primer Presentation before US Department of Energy, Office of Fossil Energy, LNG Forums March 10, 2006 Kristi A. R. Darby Center for Louisiana State University Overview What is Natural Gas?

More information

Regasification N. Atlantic

Regasification N. Atlantic North Atlantic Basin LNG Week in Review 1 The report is for the week ending December 13. Table 1 to the right tracks 2013 LNG consumption in the Atlantic Basin through December 13 versus the same time

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

Overview. Key Energy Issues to Economic Growth

Overview. Key Energy Issues to Economic Growth Key Energy Issues to 225 The Energy Information Administration (EIA), in preparing model forecasts for its Annual Energy Outlook 25 (AEO25), evaluated a wide range of current trends and issues that could

More information

DISCLAIMER Forward Looking Statements ALL RIGHTS ARE RESERVED REPSOL YPF, S.A. 2012 Repsol YPF, S.A. Repsol is the exclusive owner of this document. No part of this document may be reproduced (including

More information

LNG strategy and the outlook for global gas markets

LNG strategy and the outlook for global gas markets LNG strategy and the outlook for global gas markets October 16 th, 2012 Jean-Marie Dauger Executive Vice-president GDF SUEZ The LNG market Strong growth particularly in Asia An LNG market of ~550 Mt in

More information

CenterPoint Energy Services. Current Market Fundamentals June 27, 2013

CenterPoint Energy Services. Current Market Fundamentals June 27, 2013 CenterPoint Energy Services Current Market Fundamentals June 27, 2013 CenterPoint Energy is one of the largest combined electric and natural gas delivery companies in the U.S. Asset portfolio CNP Footprint

More information

Outlook for Natural Gas Demand for Winter

Outlook for Natural Gas Demand for Winter Outlook for Natural Gas Demand for 2010-2011 Winter Energy Ventures Analysis, Inc. (EVA) Overview Natural gas demand this winter is projected to be about 295 BCF, or 2.5 percent, above demand levels recorded

More information

PLATTS LNG CONFERENCE HOUSTON, TX. February 2017

PLATTS LNG CONFERENCE HOUSTON, TX. February 2017 PLATTS LNG CONFERENCE HOUSTON, TX February 2017 AES Corporation: A Global Leading Power Company Safe Harbor Disclosure Certain statements in the following presentation regarding AES business operations

More information

CERI Commodity Report Natural Gas

CERI Commodity Report Natural Gas CERI Commodity Report Natural Gas November-December 15 The Energy Information Administration s New Storage Classifications Paul Kralovic November 19, 15 was an important date for the Energy Information

More information

Alaska LNG Concept Information. Alaska LNG. Overview. October

Alaska LNG Concept Information. Alaska LNG. Overview. October Overview October December 3, 2013 Project Overview Project Team BP, ConocoPhillips, ExxonMobil and TransCanada are working together to progress an project: 300+ people involved in project planning and

More information

OUR CONVERSATION TODAY

OUR CONVERSATION TODAY OUR CONVERSATION TODAY Our goal is to raise the level of awareness around the natural gas supply chain among key stakeholders in order to facilitate positive working relationships and more informed decision

More information

Energy Market Outlook

Energy Market Outlook Kyle Cooper, (713) 248-3009, Kyle.Cooper@iafadvisors.com Week Ending November 24, 2017 Please contact me to review a joint RBN Energy daily publication detailing natural gas fundamentals. Price Action:

More information

New Jersey Natural Gas Market Update

New Jersey Natural Gas Market Update March 25, 2015 Mullica Hill, NJ New Jersey Natural Gas Market Update Presentation to: SNJDC Natural Gas Seminar Tom Kiley Northeast Gas Association Issues Regional Market Developments New Jersey Gas Market

More information

CERI Commodity Report Natural Gas

CERI Commodity Report Natural Gas September 1 CERI Commodity Report Natural Gas Natural Gas Prices Paul Kralovic The Commodity Report Natural Gas article, Turm-oil in the Natural Gas Markets, released in February 1, explored the low natural

More information

Energy Market Outlook

Energy Market Outlook Kyle Cooper, (713) 248-3009, Kyle.Cooper@iafadvisors.com Week Ending November 17, 2017 Please contact me to review a joint RBN Energy daily publication detailing natural gas fundamentals. Price Action:

More information

EIA Winter Fuels Outlook

EIA Winter Fuels Outlook EIA Winter Fuels Outlook For Washington, D.C. By Adam Sieminski, Administrator, U.S. Energy Information Administration U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov

More information

Fueling the Future with Natural Gas: Bringing It Home

Fueling the Future with Natural Gas: Bringing It Home NCSL Energy Policy Summit Minneapolis, MN August 19, 2014 Fueling the Future with Natural Gas: Bringing It Home Kathryn Clay, Ph.D. Vice President, Policy Strategy American Gas Association Shale Gas Resources

More information

TEEKAY LNG PARTNERS Q EARNINGS AND BUSINESS OUTLOOK PRESENTATION February 18, 2016

TEEKAY LNG PARTNERS Q EARNINGS AND BUSINESS OUTLOOK PRESENTATION February 18, 2016 TEEKAY LNG PARTNERS Q4-2015 EARNINGS AND BUSINESS OUTLOOK PRESENTATION February 18, 2016 Forward Looking Statement This presentation contains forward-looking statements (as defined in Section 21E of the

More information

Avoided Gas Supply Costs in New York

Avoided Gas Supply Costs in New York Avoided Gas Supply Costs in New York AUTHORS Dr. Carl V. Swanson, Rick Hornby, and Jennifer Kallay PREPARED FOR KeySpan Energy Delivery Avoided Gas Costs in New York TABLE OF CONTENTS 1. INTRODUCTION 1

More information

IAF Advisors Energy Market Outlook Kyle Cooper, (713) , October 31, 2014

IAF Advisors Energy Market Outlook Kyle Cooper, (713) , October 31, 2014 IAF Advisors Energy Market Outlook Kyle Cooper, (713) 722 7171, Kyle.Cooper@IAFAdvisors.com October 31, 2014 Price Action: The December contract rose 17.5 cents (4.7%) to $3.873 on a 33.3 cent range. Price

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

AEE New England New England Energy Update 1/6/2016. Tim Bigler Senior Market Strategist

AEE New England New England Energy Update 1/6/2016. Tim Bigler Senior Market Strategist AEE New England New England Energy Update 1/6/2016 Tim Bigler Senior Market Strategist Agenda NYMEX NG/Oil Prices New England NG/Electric Prices Future Gas Produc:on Influences New England NG Pipeline

More information

Dominion Cove Point Export Project Platts 16 th Annual Liquefied Natural Gas February 9, 2017

Dominion Cove Point Export Project Platts 16 th Annual Liquefied Natural Gas February 9, 2017 Dominion Cove Point Export Project Platts 16 th Annual Liquefied Natural Gas February 9, 2017 Note to Investors This presentation contains certain forward-looking statements, including projected future

More information

EIA Short-Term Energy and

EIA Short-Term Energy and EIA Short-Term Energy and Winter Fuels Outlook Washington, DC U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov Overview EIA expects higher average fuel bills this winter

More information

Excelerate Energy: Efficient And Cost-Effective Solutions for the Global Gas Market

Excelerate Energy: Efficient And Cost-Effective Solutions for the Global Gas Market Excelerate Energy: Efficient And Cost-Effective Solutions for the Global Gas Market 14 January 2014 Copyright Excelerate Energy L.P. Who We Are: Pioneer and world leader in innovative LNG midstream solutions.

More information

Hedging Coal Price Risk in a Deregulated Power Market

Hedging Coal Price Risk in a Deregulated Power Market Hedging Coal Price Risk in a Deregulated Power Market Ginny Farrow Manager Rail Car Fleet NCCI Spring Conference Greensboro, NC April 12, 2007 Safe Harbor Statement This Presentation contains forward-looking

More information

Natural Gas Pipeline and Storage Infrastructure Projections Through 2030

Natural Gas Pipeline and Storage Infrastructure Projections Through 2030 Natural Gas Pipeline and Storage Infrastructure Projections Through 2030 October 20, 2009 Submitted to: The INGAA Foundation, Inc. 10 G Street NE Suite 700 Washington, DC 20002 Submitted by: ICF International

More information

Alumina in focus Supply, Demand and Pricing

Alumina in focus Supply, Demand and Pricing Alumina in focus Supply, Demand and Pricing 2015 Metal Bulletin B&A Conference Simon Storesund, SVP Commercial, B&A 26 February 2015 (1) Cautionary note Certain statements included within this announcement

More information

Short-Term Energy Outlook and Winter Fuels Outlook

Short-Term Energy Outlook and Winter Fuels Outlook Short-Term Energy Outlook and Winter Fuels Outlook For NASEO Winter Fuels Outlook Conference Washington, DC By Adam Sieminski, Administrator U.S. Energy Information Administration Independent Statistics

More information

Assessing the Impact of the Diffusion of Shale Oil and Gas Technology on the Global Coal Market

Assessing the Impact of the Diffusion of Shale Oil and Gas Technology on the Global Coal Market Assessing the Impact of the Diffusion of Shale Oil and Gas Technology on the Global Coal Market Frank A. Wolak Program on Energy and Sustainable Development (PESD) and Department of Economics Stanford

More information

Challenges and Opportunities for Canada s Freight Railways

Challenges and Opportunities for Canada s Freight Railways Challenges and Opportunities for Canada s Freight Railways Ninth Annual CILTNA Transportation Outlook Conference Cliff Mackay, President & CEO The Railway Association of Canada May 10, 2010 Ottawa, Ontario

More information

The U.S Market for Liquid Natural Gas: Better Out than In Natasha Allen HSA10-5 The Economics of Oil and Energy April 4, 2013

The U.S Market for Liquid Natural Gas: Better Out than In Natasha Allen HSA10-5 The Economics of Oil and Energy April 4, 2013 The U.S Market for Liquid Natural Gas: Better Out than In Natasha Allen HSA10-5 The Economics of Oil and Energy April 4, 2013 I. Introduction Over the past couple of decades, the natural gas economy in

More information

Oil and natural gas: market outlook and drivers

Oil and natural gas: market outlook and drivers Oil and natural gas: market outlook and drivers for American Foundry Society May 18, 216 Washington, DC by Howard Gruenspecht, Deputy Administrator U.S. Energy Information Administration Independent Statistics

More information

LNG as a marine fuel in BC. West Coast Marine LNG Workshop 26 th June 2012

LNG as a marine fuel in BC. West Coast Marine LNG Workshop 26 th June 2012 LNG as a marine fuel in BC West Coast Marine LNG Workshop 26 th June 2012 LNG as a Marine Fuel» Marpol Annex VI - Emissions Legislation ECA s commence in 2015 Global sulphur cap in 2020 / 2025 Potential

More information

Impacts of Canadian Electricity and Gas Exports in the United States

Impacts of Canadian Electricity and Gas Exports in the United States Impacts of Canadian Electricity and Gas Exports in the United States for Natural Resources Canada Prepared by Ziff Energy 01GC-2021-03 1117 Macleod Trail S.E. Calgary, Alberta T2G 2M8 Tel: (403) 265-0600

More information

HAMBURGER HAFEN UND LOGISTIK AG COMPANY PRESENTATION

HAMBURGER HAFEN UND LOGISTIK AG COMPANY PRESENTATION HAMBURGER HAFEN UND LOGISTIK AG COMPANY PRESENTATION UNICREDIT GERMAN INVESTMENT CONFERENCE MUNICH, SEPTEMBER 2010 Hamburger Hafen und Logistik AG DISCLAIMER The facts and information contained herein

More information

Growth Leadership: Vopak s LNG growth strategy

Growth Leadership: Vopak s LNG growth strategy Growth Leadership: Vopak s LNG growth strategy Capital Markets Day, 7 December 2012 Dirk van Slooten, Global Director LNG Forward-looking statement This presentation contains statements of a forward-looking

More information

Waterways 1 Water Transportation History

Waterways 1 Water Transportation History Waterways 1 Water Transportation History Water Transportation Propulsion History Human (oars, poles) - - 7,000-10,000 BC Wind (sails) - - 3,000 BC Steamboat invented - - 1787 AD First diesel-powered ship

More information

Alaska LNG. Commercializing. Daniel S. Sullivan Commissioner, Alaska Department of Natural Resources

Alaska LNG. Commercializing. Daniel S. Sullivan Commissioner, Alaska Department of Natural Resources Commercializing Alaska LNG Daniel S. Sullivan Commissioner, Alaska Department of Natural Resources SPOTLIGHT SESSION: The North American LNG Market Imports, Exports or Both LNG17, Wednesday, April 17,

More information

ZEEBRUGGE LNG TERMINAL: FROM REGAS TERMINAL TO VERITABLE LNG HUB IN NORTH-WESTERN EUROPE

ZEEBRUGGE LNG TERMINAL: FROM REGAS TERMINAL TO VERITABLE LNG HUB IN NORTH-WESTERN EUROPE ZEEBRUGGE LNG TERMINAL: FROM REGAS TERMINAL TO VERITABLE LNG HUB IN NORTH-WESTERN EUROPE Pieterjan Renier Fluxys KEYWORDS: Zeebrugge LNG terminal, reloading LNG ships and trucks, HUB, small scale LNG developments

More information

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

Disclaimer. Confidential. Property of GNL Québec Inc All rights reserved. June 2017 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

More information

Global Market Pulp Statistics

Global Market Pulp Statistics Global Market Pulp Statistics Bleached Kraft Pulp November Data 217 Global Statistics for Bleached Kraft Market Pulp The statistics in this file is based on EPIS (European Pulp Industry Sector) data, distributed

More information

N.A. Energy Independence

N.A. Energy Independence Update 29 January 218 Chief Investment Office Americas, Wealth Management Nicole Decker, Energy Equity Sector Strategist Americas, nicole.decker@ubs.com; James Dobson, MLP and Utilities Equity Sector Strategist

More information

Marcellus Shale Advisory Commission Infrastructure Work Group Meeting El Paso Corporation Tennessee Gas Pipeline Company April 11, 2011

Marcellus Shale Advisory Commission Infrastructure Work Group Meeting El Paso Corporation Tennessee Gas Pipeline Company April 11, 2011 Interstate Pipelines Exploration & Production Marcellus Shale Advisory Commission Infrastructure Work Group Meeting El Paso Corporation Tennessee Gas Pipeline Company April 11, 2011 El Paso Corporation

More information

LNG market update. Surge in LNG supply creates opportunities to open new markets

LNG market update. Surge in LNG supply creates opportunities to open new markets LNG market update Surge in LNG supply creates opportunities to open new markets Royal Vopak Analyst Day 2017 Ton Floors, Global LNG Director 12 December 2017 Forward-looking statement This presentation

More information

Air Products Supports Large U.S. Energy Producer Restart LNG Terminal

Air Products Supports Large U.S. Energy Producer Restart LNG Terminal Air Products Supports Large U.S. Energy Producer Restart LNG Terminal Air Products APEX Services made it happen safely and on time while saving the customer money. 1 Everything s cool with Air Products

More information

Small Scale LNG From Concept to Reality. Chris Johnson, General Manager, LNG New Markets, Shell

Small Scale LNG From Concept to Reality. Chris Johnson, General Manager, LNG New Markets, Shell Small Scale LNG From Concept to Reality Chris Johnson, General Manager, LNG New Markets, Shell 0 Table of Contents Table of Contents... 1 Background... 1 Aims... 4 Methods... 5 Results... 11 Conclusions...

More information

fas Copper, Chile & Antofagasta plc Ivan Arriagada Chief Executive Officer Melbourne Mining Club August 3 rd 2017

fas Copper, Chile & Antofagasta plc Ivan Arriagada Chief Executive Officer Melbourne Mining Club August 3 rd 2017 fas Copper, Chile & Antofagasta plc Ivan Arriagada Chief Executive Officer Melbourne Mining Club August 3 rd 2017 Cautionary Statement This presentation has been prepared by Antofagastaplc. By reviewing

More information

The impact of US LNG on European gas prices

The impact of US LNG on European gas prices January 2018 The impact of US LNG on European gas prices Increasing US exports of LNG will change how gas prices are determined in Europe Import dependency for the European Union, pushed higher as a result

More information

54th NZ Association of Economists Annual Conference 3-5 July 2013, Wellington, New Zealand

54th NZ Association of Economists Annual Conference 3-5 July 2013, Wellington, New Zealand 54th NZ Association of Economists Annual Conference 3-5 July 2013, Wellington, New Zealand An update on the recent trends in New Zealand s international freight transport Joanne Leung and Haobo Wang Ministry

More information

Electricity Price Outlook for December By John Howley Senior Economist

Electricity Price Outlook for December By John Howley Senior Economist Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Electricity Price Outlook for December 2017 By John Howley Senior Economist Office of Technical and Regulatory Analysis

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

The U.S. Over-Supply of Oil is Ending

The U.S. Over-Supply of Oil is Ending The U.S. Over-Supply of Oil is Ending Pay-It-Forward Network Art Berman November 17, 217 Slide 1 The U.S. Over-Supply of Oil is Ending The U.S. Over-Supply of Oil is Ending 11 WTI Price Stocks 239 213

More information

Gas-Electric Coordination: Pipeline Infrastructure

Gas-Electric Coordination: Pipeline Infrastructure Platts Northeast Energy Markets Conference Gas-Electric Coordination: Pipeline Infrastructure New England States Committee on Electricity April 23, 2013 NESCOE New England s Regional State Committee Governed

More information

Market Alert. China NPK Statistical Update February Highlights. China Plant Nutrient Exports. Exports

Market Alert. China NPK Statistical Update February Highlights. China Plant Nutrient Exports. Exports Market Alert China NPK Statistical Update February Exports China Customs reported that high-analysis phosphate exports (DAP/ MAP/TSP) fell to 65,200 tonnes in February, a drop of 54% from uary and 58%

More information

Spectra Energy: Moving Ahead, Gaining Momentum

Spectra Energy: Moving Ahead, Gaining Momentum 8 th ANNUAL PLATTS PIPELINE EXPANSION & DEVELOPMENT CONFERENCE HOUSTON, TX SEPTEMBER 17, 2013 Spectra Energy: Greg Crisp Director, Business Development Safe Harbor Statement Some of the statements in this

More information

New Specialty Crops for California

New Specialty Crops for California New Specialty Crops for California Mark Gaskell, Farm Advisor UC Cooperative Extension - Santa Maria UC Statewide Small Farm Program California Offers A Special Mix Diverse growing environments Large,

More information

OUTLINE PART I: Introduction to Alaska and its Enormous Resource Basin PART II: Progress on Gas Commercialization/LNG PART III: Why Alaska? Comparativ

OUTLINE PART I: Introduction to Alaska and its Enormous Resource Basin PART II: Progress on Gas Commercialization/LNG PART III: Why Alaska? Comparativ ALASKA GAS OPPORTUNITIES LNG PRODUCER- CONSUMER CONFERENCE Tokyo, Japan September 19, 2012 Commissioner Daniel S. Sullivan Alaska Department of Natural Resources www.dnr.alaska.gov OUTLINE PART I: Introduction

More information

GLADSTONE TO JAPAN: EXPORT LNG PROJECT. December 2007

GLADSTONE TO JAPAN: EXPORT LNG PROJECT. December 2007 GLADSTONE TO JAPAN: EXPORT LNG PROJECT December 2007 Project Summary Sunshine Gas (SHG) and Sojitz Corporation (SOJITZ) formed relationship to combine upstream and downstream resource expertise to identify

More information

REPORT TO: PREPARED BY:

REPORT TO: PREPARED BY: REPORT TO: THE CONGRESSIONAL TASK FORCE ON ECONOMIC GROWTH IN PUERTO RICO PREPARED BY: SEAONE CARIBBEAN, LLC AUGUST 9, 2016 Jan-19 Aug-19 Mar-20 Oct-20 May-21 Dec-21 Jul-22 Feb-23 Sep-23 Apr-24 Nov-24

More information

Alaska Highway Pipeline Project. Energy in Alaska Conference Anchorage, AK November 12, 2007

Alaska Highway Pipeline Project. Energy in Alaska Conference Anchorage, AK November 12, 2007 Alaska Highway Pipeline Project Energy in Alaska Conference Anchorage, AK Pipeline assets approx. 59,000 km (36,500 miles) of wholly owned pipeline transport 15 Bcf/d from virtually all major supply basins

More information

Al Garcia Business Manager-Americas C4U Trade USA, Inc.

Al Garcia Business Manager-Americas C4U Trade USA, Inc. Revealing Global Trade Flows For Propane And Implications For Supply- Future export markets for North American propane and what this means for PDH feedstock security Al Garcia Business Manager-Americas

More information

U.S. EIA s Liquid Fuels Outlook

U.S. EIA s Liquid Fuels Outlook U.S. EIA s Liquid Fuels Outlook NCSL 2011 Energy Policy Summit: Fueling Tomorrow s Transportation John Staub, Team Lead August 8, 2011 San Antonio, Texas U.S. Energy Information Administration Independent

More information

Natural Gas: Challenges for the Industry, the LNG Chain, and Implications for Market Structure

Natural Gas: Challenges for the Industry, the LNG Chain, and Implications for Market Structure 27 September 216 Algiers Natural Gas: Challenges for the Industry, the LNG Chain, and Implications for Market Structure Plenary Session 2 Introduction Market context Session objectives Low gas prices across

More information

Outlook for Natural Gas Supply and Demand for Winter

Outlook for Natural Gas Supply and Demand for Winter Outlook for Natural Gas Supply and Demand for 2017-2018 Winter Energy Ventures Analysis, Inc. (EVA) Executive Summary While the forthcoming winter weather is expected to be close to normal, total consumption,

More information

2016 Propane Market Outlook: Driving Change in Consumer Propane Markets

2016 Propane Market Outlook: Driving Change in Consumer Propane Markets 0 2016 Propane Market Outlook: Driving Change in Consumer Propane Markets NPGA Southeastern Convention & International Propane Expo April 8, 2016 Presented by: Michael Sloan ICF International 9300 Lee

More information

HAMBURGER HAFEN UND LOGISTIK AG COMPANY PRESENTATION

HAMBURGER HAFEN UND LOGISTIK AG COMPANY PRESENTATION HAMBURGER HAFEN UND LOGISTIK AG COMPANY PRESENTATION CHEUVREUX GERMAN CORPORATE CONFERENCE FRANKFURT, JANUARY 2011 Hamburger Hafen und Logistik AG DISCLAIMER The facts and information contained herein

More information

Liquefied Natural Gas Limited

Liquefied Natural Gas Limited Liquefied Natural Gas Limited Greg Vesey Managing Director and Chief Executive Officer Regaining the Balance CWC Seventeenth Annual World LNG Summit 14 December 2016 ASX: LNG and OTC ADR: LNGLY Forward

More information

BP Energy Outlook 2016 edition

BP Energy Outlook 2016 edition BP Energy Outlook 216 edition Spencer Dale, group chief economist Outlook to 235 bp.com/energyoutlook #BPstats Disclaimer This presentation contains forward-looking statements, particularly those regarding

More information

Demand Pull Pressure (Again)

Demand Pull Pressure (Again) Near Term Potash Outlook Demand Pull Pressure (Again) Fertilizer Outlook and Technology Conference Savannah, GA November 17, 2010 Dr. Michael R. Rahm Vice President, Market and Strategic Analysis The Mosaic

More information

The Asian LNG Market Strides Ahead

The Asian LNG Market Strides Ahead The Asian LNG Market Strides Ahead Hong Chou Hui, Managing Editor, Platts Asia LNG Asia s LNG market continued to evolve in 2011, as the volatility of the last few years, coupled with a major crisis in

More information

Third Quarter 2017 Conference Call

Third Quarter 2017 Conference Call Third Quarter 2017 Conference Call October 24, 2017 Forward-Looking Statements This presentation contains forward-looking statements. Actual results may differ materially from results anticipated in the

More information

LSU Natural Gas Conference

LSU Natural Gas Conference LSU Natural Gas Conference Presented by: Bob Purgason VP Gulfcoast Region Williams Companies Introduction Structural shift in natural gas pricing The crude to gas ratio: A critical relationship for NGL

More information

Prospects for unconventional natural gas supply in Asia

Prospects for unconventional natural gas supply in Asia Perth, 16 February 2016 Prospects for unconventional natural gas supply in Asia Roberto F. Aguilera Background Expansion of natural gas share in primary energy mix, especially Asia Gas demand is dominated

More information

Pivotal LNG Natural Gas Fuel for Heavy Duty Trucks. David Jaskolski Senior Account Manager

Pivotal LNG Natural Gas Fuel for Heavy Duty Trucks. David Jaskolski Senior Account Manager Pivotal LNG Natural Gas Fuel for Heavy Duty Trucks David Jaskolski Senior Account Manager Forward Looking Statements Forward-Looking Statements Certain expectations and projections regarding our future

More information

CERI Commodity Report Natural Gas

CERI Commodity Report Natural Gas February 1 CERI Commodity Report Natural Gas US LNG: An Update Paul Kralovic February, 1 is an important date in the liquefied natural gas (LNG) landscape in the US, marking the beginning of a shift from

More information

Natural Gas Infrastructure in New York

Natural Gas Infrastructure in New York November 15, 2016 Saratoga, NY Natural Gas Infrastructure in New York The Business Council of New York State- 2016 Annual Environment Conference Stephen Leahy Northeast Gas Association 1. About NGA Non-profit

More information

CHP Economic Factors: Electric and Natural Gas Market Trends PREPARED BY: PREPARED FOR: DATE:

CHP Economic Factors: Electric and Natural Gas Market Trends PREPARED BY: PREPARED FOR: DATE: CHP Economic Factors: Electric and Natural Gas Market Trends PREPARED BY: PREPARED FOR: DATE: Daniel Peaco, Principal Consultant Efficiency Maine Combined Heat & Power Conference SEPTEMBER 29, 2016 Discussion

More information

The VLGC Market. Prepared for the IMSF, ALBA, Athens, May Presented by Dr. Mariniki Psifia, Market Analyst. IMSF Forum (9 th 11 th May 2016)

The VLGC Market. Prepared for the IMSF, ALBA, Athens, May Presented by Dr. Mariniki Psifia, Market Analyst. IMSF Forum (9 th 11 th May 2016) Latsco Shipping Limited The VLGC Market Prepared for the IMSF, ALBA, Athens, May 2016 Presented by Dr. Mariniki Psifia, Market Analyst Latsco Shipping Limited IMSF Forum (9 th 11 th May 2016) Disclaimer

More information

Pricing, markets and investments. SPM 9541 December 2010 Aad Correljé

Pricing, markets and investments. SPM 9541 December 2010 Aad Correljé Pricing, markets and investments SPM 9541 December 2010 Aad Correljé Programme Visions on gas prices Gasmarkets Market prices? Pricing systems June 29, 2011 2 Dutch gas price to domestic households 10,2%

More information

What s next for Alaska gas

What s next for Alaska gas What s next for Alaska gas Will markets, competition, politics and federal laws get in the way of a pipeline Larry Persily, Alaska North Slope Gas Line Federal Coordinator Nov. 9, 2012 Commonwealth North

More information

PHILADELPHIA GAS WORKS

PHILADELPHIA GAS WORKS PHILADELPHIA GAS WORKS REQUEST FOR INFORMATION ( RFI ) REGARDING PGW LNG SALES EXPANSION PROJECT RFI ISSUANCE DATE: June 17, 2015 RFI RESPONSE DUE DATE: July 30, 2015 RFI #29752 Request for Information

More information

Broad market presence: Growing demand regions, key supply basins, LNG terminals. Excellent connections to markets and supply

Broad market presence: Growing demand regions, key supply basins, LNG terminals. Excellent connections to markets and supply Pipeline Group Strong and Growing Broad market presence: Growing demand regions, key supply basins, LNG terminals Excellent connections to markets and supply Almost $4 billion of committed growth projects

More information

Update on the Asian Wood Markets

Update on the Asian Wood Markets Update on the Asian Wood Markets RISI North American Conference Boston, USA October 16 18, 2017 Bob Flynn Director, International Timber, RISI Copyright 2017 RISI, Inc. Proprietary Information Agenda Market

More information

B.C. TOWBOAT INDUSTRY CONFERENCE

B.C. TOWBOAT INDUSTRY CONFERENCE LN G T erm inals on C ana da s W est C oast Kitimat LNG LN G T erm inals on C ana da s W est C oast Presentation to 17 th B.C. TOWBOAT INDUSTRY CONFERENCE Whistler, BC Kitimat LNG Alfred Sorensen Kitimat

More information

LNG TRADE FLOWS. Hans Stinis Shell Upstream International

LNG TRADE FLOWS. Hans Stinis Shell Upstream International LNG TRADE FLOWS Hans Stinis Shell Upstream International ABSTRACT The LNG industry has witnessed a great deal of change recently, and indications are that this will only continue. Global gas demand is

More information

Customer Select Supply/Storage. Effective May 2009

Customer Select Supply/Storage. Effective May 2009 Customer Select Supply/Storage Effective May 2009 Service Territory Nicor Gas Territory Area: 17,000 square miles Population: 5.7 million (est.) Communities Served: 640 Customers: 2.2 million Rockford

More information

Energy. Update: North American energy independence: reenergized 14 June disclosures that begin on page 7.

Energy. Update: North American energy independence: reenergized 14 June disclosures that begin on page 7. Update: North American energy independence: reenergized 14 June 2017 Chief Investment Office Americas, Wealth Management Nicole Decker, Energy Equity Sector Strategist Americas, nicole.decker@ubs.com;

More information

Table 1 Trade movements 2004 LNG (Bcm)

Table 1 Trade movements 2004 LNG (Bcm) LNG Prospects for the Future The prospect that LNG could become a major global energy source is one of the most keenly debated issues in the sector. This was reflected in this quarter's survey, conducted

More information

GREENHOUSE GAS LIFE-CYCLE EMISSIONS STUDY: Fuel Life-Cycle of U.S. Natural Gas Supplies and International LNG

GREENHOUSE GAS LIFE-CYCLE EMISSIONS STUDY: Fuel Life-Cycle of U.S. Natural Gas Supplies and International LNG GREENHOUSE GAS LIFE-CYCLE EMISSIONS STUDY: Fuel Life-Cycle of U.S. Natural Gas Supplies and International LNG FINAL REPORT Prepared for: Sempra LNG Prepared by: Advanced Resources International, Inc. and

More information

QIAGEN Sample & Assay Technologies From Discovery to Patient

QIAGEN Sample & Assay Technologies From Discovery to Patient QIAGEN From Discovery to Patient New York, February 14 QIAGEN 2008 Analyst & Investor Day Peer Schatz, CEO -7- Forward Looking Statements Safe Harbor Statement: Certain of the statements contained in this

More information

World s first LNG from Queensland, Australia A precursor to US LNG exports

World s first LNG from Queensland, Australia A precursor to US LNG exports World s first LNG from Queensland, Australia A precursor to US LNG exports Jason Klein AGM, America American Petroleum Institute, Houston Chapter Legal notice No representation or warranty, express or

More information

Fundamental Prospecting - time for another gold rush?

Fundamental Prospecting - time for another gold rush? Fundamental Prospecting - time for another gold rush? Dr Adam Kent - Maritime Strategies International (MSI) 30th Annual Marine Money Money Week New York City June 19 th to 21 st 2017 Agenda Fundamental

More information

Alaska South Central LNG (SCLNG) Project

Alaska South Central LNG (SCLNG) Project Alaska South Central LNG (SCLNG) Project Overview for Alaska Legislators February, 2013 - Overview BP, ConocoPhillips, ExxonMobil and TransCanada are working together to progress an Alaska LNG project:

More information

Arbitrage in Natural Gas Markets?

Arbitrage in Natural Gas Markets? Arbitrage in Natural Gas Markets? Yuri Yegorov University of Vienna Seminar on Energy Economics Paris, School of Mines April 13 th, 2016, 16:30-18:30 Based on article with J.Dehnavi and F.Wirl in Intern.

More information

COMPLETING THE LNG VALUE CHAIN

COMPLETING THE LNG VALUE CHAIN COMPLETING THE LNG VALUE CHAIN Reidar Strande, Director, LNG, Wärtsilä Oil & Gas Systems Tord Johnsson, Area Business Development Manager, Oil and Gas Business, Wärtsilä Power Plants [ ENERGY & MARINE

More information

European Gas Markets Summit. February 15th 2011

European Gas Markets Summit. February 15th 2011 Will oil indexation in long term take or pay contracts survive the current divergence between the prices of crude oil and traded gas? Howard V Rogers Senior Research Fellow, OIES Natural Gas Programme

More information

Natural Gas Market Update

Natural Gas Market Update Natural Gas Market Update Bob Yu, Senior Analyst Quantitative Modeling September 2017 Restrictions on Use: You may use the prices, indexes, assessments and other related information (collectively, Data

More information