Australian LNG: Asia s natural supplier of LNG
|
|
- Godwin Townsend
- 5 years ago
- Views:
Transcription
1 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 Security Strategies across the resource spectrum 13 October 214 GLNG, 214
2 Disclaimer and important notice This presentation contains forward looking statements that are subject to risk factors associated with the oil and gas industry. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a range of variables which could cause actual results or trends to differ materially, including but not limited to: price fluctuations, actual demand, currency fluctuations, geotechnical factors, drilling and production results, gas commercialisation, development progress, operating results, engineering estimates, reserve estimates, loss of market, industry competition, environmental risks, physical risks, legislat ive, fiscal and regulatory developments, economic and financial markets conditions in various countries, approvals and cost estimates. All references to dollars, cents or $ in this document are to Australian currency, unless otherwise stated. All references to project completion percentages are on a value of work done basis, unless otherwise stated. 2
3 Gas and LNG demand growth Asia s appetite for gas grows with LNG meeting over half of gas demand by 23 tcf x% Gas CAGR 25-3 North America OECD Europe Asia Pacific LNG Indigenous/Pipeline 1.3% % 2 2.5% 2 1 Local production + pipeline imports 1 1 Contracted LNG Source: EIA; Wood Mackenzie, contracted LNG represents supply volumes from operating, under construction and planned projects 3
4 Strong Asian demand for LNG Large opportunity exists for new projects to supply into the Asian market Asian LNG demand grows at CAGR of 5.7% from 2 to 23 4 By 23, over 7% of global LNG demand comes from Asia 35 Large opportunity for new LNG supply Over 15 of uncontracted demand by 225 (~ 25 new LNG trains) Over 195 of uncontracted demand by 23 (~ 2.5 x Australia s total LNG output in 218) Contracted Asian LNG Supply Source: Wood Mackenzie, contracted LNG supply and expected rollovers from operational and under construction projects, from SPAs, HOAs and MOUs. 4
5 Asia Pacific LNG demand revisions Multiple upward revisions, driven by higher gas use in developing economies and traditional exporters turning to LNG imports Pacific basin LNG demand estimates Nov 213 Nov 212 Nov 211 Nov 21 Nov Source: Wood Mackenzie 5
6 Australian LNG Australian LNG projects offer buyers diversity of project ownership, upstream gas feedstock and geographic diversity Prelude FLNG Ichthys LNG Darwin LNG LNG plant operating LNG plant under construction Conventional gas Coal seam gas Shale gas Pluto LNG North West Shelf Gorgon LNG Wheatstone LNG *Operators of LNG projects named 6
7 Australian gas resources Australia s abundant gas resources could underpin future LNG exports, but we must create the right conditions for investment Australia s Gas Resources (tcf) 1 Darwin Conventional Unconventional Coal bed methane Brisbane 82 tcf Perth Adelaide Sydney Canberra Australian domestic gas demand ~1 tcf/year Source: BREE 212 Gas Resource Assessment 1. Total demonstrated resources Santos assets Operational LNG Plant Under Construction LNG Plant Hobart Melbourne 7
8 Australian LNG costs As LNG projects reach completion, cost pressures should abate from 215 onwards LNG plant CAPEX for already sanctioned Australian LNG projects (US$b) 24 US$17b Source: Wood Mackenzie, May 214 8
9 LNG demand LNG demand is met by both long-term supply contracts and short/spot market volumes contracted LNG by source Other UAE Russia Qatar Oman Malaysia Indonesia Brunei Australia Spot Total C ontract Volume Other Yemen Qatar Oman Malaysia Indonesia Spot Total C ontract Volume Contracted LNG Demand Contracted LNG Demand Japan South Korea LNG delivers energy security 4 Buyers rely on the spot market or short term market to meet their LNG needs Traditional buyers will continue to rely on LNG to deliver energy security; diversity of supply will remain a priority Global LNG Trade Long-term Spot & Short-term 27% Source: Poten & Partners. 27% Source: Wood Mackenzie, contracted LNG volume versus demand 9
10 LNG pricing Henry Hub-linkage vs oil-linkage US$/mmBtu 2 Oil-linked LNG at US$12/bbl 15 $3 1 7 $3 $1 Oil-linked LNG at US$8/bbl 5 $6 Henry Hub Liquefication Other Shipping Source: Henry Hub 22 forecast from PIRA, other includes pipeline and fuel Traditional priced LNG 1
11
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 informationPowering Asia: The Role of Gas Address to the Melbourne Mining Club David Knox, Chief Executive, Santos. 4 February 2010
1 Powering Asia: The Role of Gas Address to the Melbourne Mining Club David Knox, Chief Executive, Santos 2 4 February 21 Asia is the Engine of Energy Growth Billions of People 1 9 8 7 6 5 4 3 2 1 World
More informationImportance of NSW s Natural Gas: Time to separate fact from fiction
In the home Fuelling industry Powering the state Importance of NSW s Natural Gas: Time to separate fact from fiction Eastern Australia's Energy Markets Outlook 2013 James Baulderstone Vice President Eastern
More informationDisclaimer & Important Notice
GLNG Project FID 13 January 2011 1 Disclaimer & Important Notice This presentation contains forward looking statements that are subject to risk factors associated with the oil and gas industry. It is believed
More informationSantos and PETRONAS sign historic partnership for Gladstone LNG
Santos and PETRONAS sign historic partnership for Gladstone LNG PETRONAS to acquire a 40% interest in GLNG TM for up to US$2.508 billion. 29 May 2008 1 1. Disclaimer & Important Notice This presentation
More informationGas: Australia s AAA Advantage
Gas: Australia s AAA Advantage Address to APPEA David Knox, Chief Executive, Santos 1 Brisbane, 19 May 2010 Good morning. I would like to acknowledge the Leader of Federal Opposition, the Hon Tony Abbott
More informationGood morning ladies and gentlemen, I am Peter Cleary, Vice President of. LNG Markets and Eastern Australia Commercial at Santos Limited.
8 th Asian LNG Summit 2014 Peter Cleary Vice President LNG Markets and Eastern Australia Commercial Tuesday, May 27 Beijing, China Good morning ladies and gentlemen, I am Peter Cleary, Vice President of
More informationKey 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 informationRussia s Changing Role in the Global Gas Market
Russia s Changing Role in the Global Gas Market Dr. Tatiana Mitrova Head of Oil and Gas Department Energy Research Institute of the Russian Academy of Sciences Daegu June 18, 2013 1 1 CHANGING GLOBAL GAS
More informationOil and Gas in Australia
Presentation to the Oil and Gas in Australia John Akehurst Thursday, 9 October 2003 Location of Global Proved Oil Reserves Thousand Million Barrels as at end of 2000 Former USSR 65.3 North America 64.4
More informationUpstream investment trends for Japanese LNG buyers and developers Ryuta KITAMURA JOGMEC Sydney Office
0 Upstream investment trends for Japanese LNG buyers and developers Ryuta KITAMURA JOGMEC Sydney Office Australian Gas Export Outlook 2014 24 th June, 2014 Japan Oil, Gas and Metals National Corporation
More informationLNG Market Trends & Price Transparency
LNG Market Trends & Price Transparency Tokyo Fiona Poynter April 2015 London Houston Washington New York Portland Calgary Santiago Bogota Rio de Janeiro Singapore Beijing Tokyo Sydney Dubai Moscow Astana
More informationIPTC 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 informationTransforming through LNG UBS Australian Resources & Energy Conference Sydney, 14 June 2012
Darwin LNG Transforming through LNG UBS Australian Resources & Energy Conference Sydney, 14 June 2012 Disclaimer and Important Notice This presentation contains forward looking statements that are subject
More informationThe State of the Nation s Oil & Gas
Presentation to the Australian Institute of Company Directors The State of the Nation s Oil & Gas John Akehurst, Managing Director & CEO Woodside Energy Ltd. Friday, 14 March 2003 1 Location of Global
More informationWhat will it take to make Australian LNG more competitive? SEAAOC, 27 August 2015 Geoff Barker, RISC Partner
What will it take to make Australian LNG more competitive? SEAAOC, 27 August 2015 Geoff Barker, RISC Partner Disclaimer The statements and opinions attributable to the presenter and RISC Operations Ltd
More informationDelivering the Strategy
1 Delivering the Strategy David Knox Managing Director and Chief Executive Officer May 2009 Disclaimer & Important Notice This presentation contains forward looking statements that are subject to risk
More informationEnergy in Australia: A Queensland Perspective
Energy in Australia: A Queensland Perspective David Camerlengo Trade & Investment Commissioner, North America Trade & Investment Queensland API, Houston May 13, 2014 Overview of Queensland Source: BREE
More informationContents LNG Demand for Tokyo Gas Tokyo Gas LNG Procurement Strategies Our Expectations for Australia * All rights reserved. 2
The Joint Australia-Japan Energy Seminar -Strengthening Interdependence Through LNG Trade- Tokyo Gas LNG Demand Forecast and LNG Procurement Strategies July 19th, 2011 Yutaka Kunigo Senior Executive Officer
More informationNorth American Gas Outlook. Jen Snyder Head of North American Gas Research Wood Mackenzie
North American Gas Outlook Jen Snyder Head of North American Gas Research Wood Mackenzie 2011 Summer Seminar August 1, 2011 End of study area 31 N 32 N $/mmbtu 33 N Resource Doesn t Always Meet Expectations
More informationGlobal LNG flows and natural gas pricing
Natural Gas Pricing Uncertainty - Implications for Asian Importers - The Changing Fundamentals of Global Gas Markets Europe as the Battleground? Carnegie Endowment For International Peace Washington, DC
More informationThe Price of Oil: Why it Rose, Why it Fell, and What it Will Mean for Australian LNG
Perth, 26 August 2016 Curtin Corner, JCIPP The Price of Oil: Why it Rose, Why it Fell, and What it Will Mean for Australian LNG Roberto F. Aguilera r.aguilera@curtin.edu.au Background Shale oil industry
More informationThe global gas market price dynamics and implications for Norway
The global gas market price dynamics and implications for Norway www.woodmac.com May 2009 Kerry Anne Shanks Delivering commercial insight to the global energy industry Introduction The energy industry
More informationProspects 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 information2011 Institute of Energy Economics, Japan - IEEJ
A Changing World of LNG Pacific Energy Summit: Unlocking the Potential of Natural Gas in the Asia-Pacific Session 2: Market Evolution and Adaptation: Contracts, pricing mechanisms, and supply security
More informationUBS Australian Resources & Energy Conference. Sydney, 13 June 2013
UBS Australian Resources & Energy Conference Sydney, 13 June 2013 1 Disclaimer & important notice This presentation contains forward looking statements that are subject to risk factors associated with
More informationLNG 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 informationNew Delhi 24 November th IEF-IGU Ministerial Gas Forum IEF Background Materials
New Delhi 24 November 2016 5 th IEF-IGU Ministerial Gas Forum IEF Background Materials Overview 1. 3+3 Challenges 2. 7 Observations on gas markets 3. What the JODI Gas Data Base Shows 4. 3 Proposals 7
More informationUpstream investment trends for Japanese LNG buyers and developers
0 Upstream investment trends for Japanese LNG buyers and developers Ryuta KITAMURA JOGMEC International LNG Congress 2016 14 th March, 2016 Japan Oil, Gas and Metals National Corporation (JOGMEC) 1 Established:
More information7. Gas. Resources and Energy Quarterly December
7. Gas Resources and Energy Quarterly December 18 42 7.1 Summary The value of Australia s LNG exports is forecast to increase from $31 billion in 17 18 to $5 billion in 18 19, driven by higher export volumes
More informationLNG 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 informationEdgardo 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 informationAlaskan LNG Exports Competitiveness Study
Alaskan LNG Exports Competitiveness Study Alaska Gasline Port Authority (AGPA) Final Report July 27, 2011 Background As part of its interest in promoting a large volume pipeline from the North Slope to
More informationAustralian Resources, Energy & Utilities Conference
Australian Resources, Energy & Utilities Conference Australasian Energy WorleyParsons Brian Evans Managing Director, Hydrocarbons 19 June 2009 Presentation Elements Update on WorleyParsons Energy & LNG
More informationNATURAL GAS AND LNG MARKET OUTLOOK
NATURAL GAS AND LNG MARKET OUTLOOK NOVEMBER 17 Photo: Ernest McGray Jr Flickr HIGHLIGHTS CONTENTS 3 Australian export volume forecasts Queensland CSG production and terminal flows 5 Australian export price
More informationUnlocking the Cooper Basin s resource potential
Unlocking the Cooper Basin s resource potential Mark Rosser, Eastern Australia Procurement Manager September 2014 Disclaimer and important notice This presentation contains forward looking statements that
More informationLNG Market Outlook and Arbitrage Opportunities
LNG Market Outlook and Arbitrage Opportunities Rajnish Goswami Senior Vice President Head of Gas & Power Consulting Asia Workshop on Liberialisation of Malaysian Gas Market KL, 23 April 2015 1 Trusted
More informationCheniere Energy Partners, L.P. / Cheniere Energy, Inc. Proposed Sabine Pass LNG Facility Expansion Adding Liquefaction Capabilities.
Cheniere Energy Partners, L.P. / Cheniere Energy, Inc. Proposed Sabine Pass LNG Facility Expansion Adding Liquefaction Capabilities June 4, 2010 Forward Looking Statements This presentation contains certain
More informationNew York Energy Forum
Presentation to the New York Energy Forum Antoine Halff 30 June 2014 Key highlights Gas demand grew just 1.2% in 2013, underperforming other fuels Gas demand will grow at 2.2%/y over 2013-19, on its way
More informationMacquarie Australia Conference. 1 May 2013
Macquarie Australia Conference 1 May 2013 1 1 Disclaimer & important notice This presentation contains forward looking statements that are subject to risk factors associated with the oil and gas industry.
More informationGazprom 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 informationRice 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 informationThe 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 informationChallenges of Fracking for the MENA Region Martin Bachmann, Member of the Board
Challenges of Fracking for the MENA Region Martin Bachmann, Member of the Board NUMOV German MENA Conference Berlin, 26 January 2017 Simplified Model of Hydrocarbon Deposits Conventional versus Unconventional
More informationSEAAOC 2010 South East Asia Australia Offshore Conference
Santos Ltd ABN 80 007 550 923 Ground Floor, Santos Centre 60 Flinders Street Adelaide South Australia 5000 GPO Box 2455 Adelaide South Australia 5001 Direct: + 61 8 8116 5000 Facsimile: + 61 8 8116 6723
More informationLecture 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 informationGas Market Report 2017
Gas Market Report 2017 Peter Fraser, Head of the Gas Coal and Power Markets Division Norwegian Ministry of Petroleum and Energy, Oslo, 5 th September 2017 IEA Gas in today s world The contribution of gas
More informationThe 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 information216 IEEJ216 Key points of this report Oversupply in the international LNG market will expand further in the coming years. Upstream industry is cutting
216 IEEJ216 423 rd Forum on Research Works on July 26, 216 Outlook for Gas Market The Institute of Energy Economics, Japan Yoshikazu Kobayashi Senior Economist, Manager, Gas Group, Fossil Fuels & Electric
More informationGas Market Report 2017
Gas Market Report 2017 Center on Global Energy Policy, Columbia/SIPA Columbia Club, 13 July 2017 IEA Gas in today s world q The contribution of gas Versatile fuel within the energy system, helping to address
More informationLNG as a global market ESCP London School London, September 22nd, 2015 GUY BROGGI SENIOR ADVISOR, LNG DIVISON
LNG as a global market ESCP London School London, September 22nd, 2015 GUY BROGGI SENIOR ADVISOR, LNG DIVISON Today s Menu (and take-aways ) Latest changes in the LNG landscape 2014 was a continuation
More informationOverview of Global LNG Markets Asia Pacific Context
Session one: Asian Markets - Legacy Meets Emerging Overview of Global LNG Markets Asia Pacific Context By: Datuk (Dr) Abdul Rahim Hashim President International Gas Union (IGU), Malaysian Gas Association
More informationGood morning ladies and gentlemen. Thank you, Mr Cole for your kind introduction.
Introduction Good morning ladies and gentlemen. Thank you, Mr Cole for your kind introduction. First, I wish to acknowledge the Noongar people on whose traditional lands we meet today and pay respect to
More informationWorld 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 informationChallenges facing the Australian Gas Industry: Real, Imagined or Inevitable? RISC Conversation Series, 30 June 2015 Geoff Barker, RISC Partner
Challenges facing the Australian Gas Industry: Real, Imagined or Inevitable? RISC Conversation Series, 30 June 2015 Geoff Barker, RISC Partner Disclaimer The statements and opinions attributable to the
More informationNatural Gas Medium-term Outlook and Security Review
Natural Gas Medium-term Outlook and Security Review Jean-Baptiste Dubreuil Columbia University, New York, 30 October 2018 IEA Context Gas markets in the next five years Gas demand is in the fast lane,
More informationRYSTAD 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 informationMeeting Asia LNG Demand in Challenging Cost and Price Enviroment
Meeting Asia LNG Demand in Challenging Cost and Price Enviroment 9 th China-U.S. Oil and Gas Industry Forum G. M. (Chip) Schuppert, Jr Manager, Global LNG Marketing & Sales ConocoPhillips September 2009
More informationEnergy 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 informationNARUC. Global Liquefied Natural Gas Supply: An Introduction for Public Utility Commissioners
2009 Global Liquefied Natural Gas Supply: An Introduction for Public Utility Commissioners NARUC October 2009 The National Association of Regulatory Utility Commissioners Funded by the U.S. Department
More informationGlobal 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 informationPromoting regional cooperation in the Asia-Pacific gas industry, for sustainable development in the region
Natural Gas Trade as a Catalyst for Regional Market Integration Promoting regional cooperation in the Asia-Pacific gas industry, for sustainable development in the region Norio Ichino Chairman, The Japan
More information3-2. LNG in the Asia-Pacific
APERC Workshop at EWG52 Moscow, Russia, 18 October, 2016 3-2. LNG in the Asia-Pacific Favoring trade and rational market development Kirsten Smith Researcher, APERC Report Highlights Report Highlights
More informationStrategic 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 informationWILL 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 informationEffect of Crude Oil Price Drop on the Global Energy
2016/EWG52/WKSP1/003 Effect of Crude Oil Price Drop on the Global Energy Submitted by: APERC Asia Pacific Energy Research Centre Workshop Moscow, Russia 18 October 2016 APERC Workshop at EWG52 Moscow,
More informationRice Global E&C Forum
Rice Global E&C Forum "Will Shale revolution trigger game changes in Asian Energy Market and LNG?" Tevin Vongvanich President and Chief Executive Officer PTT Exploration and Production Public Company Limited
More informationGas 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 informationThe IEA s Gas 2017 Report - LNG moves to the front
The IEA s Gas 2017 Report - LNG moves to the front Peter Fraser, Head of the Gas, Coal and Power Division EMART Energy, Amsterdam, 5 October 2017 IEA Gas in today s world The contribution of gas Versatile
More informationGlobal 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 informationTrends 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 informationNatural 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 informationWorld LNG Trade 2014 & Outlook 2015
World LNG Trade 2014 & Outlook 2015 By: Global LNG Info (GLNGI) May 2015 www.globallnginfo.com LNG Trades 2014 (1) 239.2 MMT of LNG traded in 2014, effectively flat for the third year running as reduced
More informationLNG 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 informationGlobal Upstream and Gas. George Kirkland Vice Chairman and Executive Vice President
Global Upstream and Gas George Kirkland Vice Chairman and Executive Vice President A Strong Worldwide Portfolio 800 MBOED 690 MBOED North America Europe, Eurasia and Middle East Net Production Capacity
More information17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17)
17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17) 17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17)
More informationGas Commercialisation Update - May 2007
Gas Commercialisation Update - May 2007 LNG for PNG Major growth in global LNG market and strong increase in gas prices over past 2 years makes LNG in PNG attractive Unprecedented interest from range of
More informationSONATRACH PERSPECTIVES ON ASIAN LNG MARKETS
SONATRACH PERSPECTIVES ON ASIAN LNG MARKETS 65% of global gas demand growth by 2030 is expected to come from Asia, with traditional demand centers remaining stagnant Global gas demand by region to 2030
More informationThe Global Energy Demand for Australian Sourced LNG
23 June 2010 The Global Energy Demand for Australian Sourced LNG Gavin Briggs Manager Northern Australia Research Programme Summary Energy is a commodity that continues to have both strategic and economic
More informationBusiness environment supply and demand PESA 2012 Year in Review APPEA Conference May 2013 AGL External
Business environment supply and demand PESA 2012 Year in Review APPEA Conference May 2013 AGL External Disclaimer 2 The information in this presentation: Is not an offer or recommendation to purchase or
More informationLiquefied 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 informationSixth 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 informationJohn Crane New York June 28,
John Crane New York June 28, 2011 www.smiths-medical.com John Crane Investor Day, 2011 by New Smiths York Medical: June Proprietary 2011 Data 1 This document contains certain statements that are forward-looking
More informationJune GLNG Project update. 28 June 2012
Darwin LNG June 2012 GLNG Project update 28 June 2012 Disclaimer and Important Notice This presentation contains forward looking statements that are subject to risk factors associated with the oil and
More informationThe Uncertain Future For ANS LNG Exports
The Uncertain Future For ANS LNG Exports Presented to: LSI Energy in Alaska Conference Anchorage, AK Presented by: Paul R. Carpenter Steven H. Levine Anul Thapa The Brattle Group 44 Brattle Street Cambridge,
More informationEastern Australia Business Unit
Insert picture Eastern Australia Business Unit Cooper Basin Unconventional Gas Opportunities & Commercialisation November 2012 Disclaimer & important notice This presentation contains forward looking statements
More informationComparison 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 information3-1. Effect of Crude Oil Price Drop on the Global Energy Market
APERC Workshop at EWG52 Moscow, Russia, 18 October, 2016 3-1. Effect of Crude Oil Price Drop on the Global Energy Market James Kendell Vice President, APERC Background and outline of the study Background
More informationLiquefied Natural Gas (LNG) Sector Overview June 2018
Liquefied Natural Gas (LNG) Sector Overview June 2018 Global Industry Life Cycle Changes in Gas Markets Global Demand & Supply Dynamics Global Trade Regional Mix Global State of the Industry Trade Countries
More information11 th Asia Natural Gas Markets
11 th Asia Natural Gas Markets THE DEMAND FOR LNG FROM ASIA S POWER MARKET Tony Regan TRI-ZEN International Pte Ltd Singapore CONTENTS The call from power an overview of the likely evolution of demand
More information7. Liquefied Natural Gas (LNG)
7. Liquefied Natural Gas (LNG) Figure 7-1: LNG supply chain Source; Total Liquid natural gas (LNG) is a good alternative to natural gas in remote locations or when the distance between the producer and
More informationEVA S QUARTERLY LNG OUTLOOK
EVA S QUARTERLY LNG OUTLOOK LNG Webinar Dustin Meyer Lead LNG Analyst! Arlington, VA ENERGY VENTURES ANALYSIS 1901 N. Moore St., Suite 1200 (703) 276 8900 Arlington, VA 22209 www.evainc.com OUTLINE 1.
More informationPGC B Strategy - Triennium November 18 20, 2014 Bratislava. By: Ashkan Esmaeilifar
1 PGC B Strategy - Triennium 2012 2015 November 18 20, 2014 Bratislava By: Ashkan Esmaeilifar 2 COUNTRY PROFILE Area (km 2 ): 49,035 Population: 5,379,000 Capital: Bratislava Member of OECD, WTO, NATO,
More informationFuel cost projections
Updated natural gas and coal outlook for AEMO modelling Prepared for AEMO 28 June 2012 Reliance and Disclaimer The professional analysis and advice in this report has been prepared by ACIL Tasman for the
More informationThe 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 informationIndustrial Energy Consumers of America The Voice of the Industrial Energy Consumers WHY MANUFACTURERS ARE CONCERNED ABOUT UNFETTERED LNG EXPORTS
The Voice of the Industrial Energy Consumers 1776 K Street, NW, Suite 720 Washington, D.C. 20006 Telephone (202) 223-1420 www.ieca-us.org June 19, 2014 WHY MANUFACTURERS ARE CONCERNED ABOUT UNFETTERED
More informationLNG in the Asia Pacific
2016/EWG52/WKSP1/004 LNG in the Asia Pacific Submitted by: APERC Asia Pacific Energy Research Centre Workshop Moscow, Russia 18 October 2016 APERC Workshop at EWG52 Moscow, Russia, 18 October, 2016 3-2.
More informationROYAL 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 informationThe 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 informationMilken 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