Analysis of the Global LNG Market (2007)
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Publishing Date February 2008
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Pages 138
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Price $1,000
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Description
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Recent improvements in technology have resulted in a a rapid
decline in the costs relating to the construction of LNG trains and to
an extent in the LNG shipping. With the addition of new ships, the
total capacity of the LNG fleet is expected to have risen by more than
40%, crossing 500 bcf of natural gas in 2006. The worldwide capacity
of LNG liquefaction is also expected to increase by almost 50% between
2003 and 2007 primarily due to increase in the number of production
facilities.
Future trade of LNG worldwide is expected to be more than 10 tcf
annually by 2010 from the current 6.5 tcf. Most of the demand is
expected in United States, followed by Northern Europe along with
considerable growth in Japan, South Korea, China and India. The
expected increase in future consumption of LNG will be a result of
combination of factors including growing natural gas prices, rapidly
growing demand for gas import, cheaper rates of LNG, and the desire of
gas producers to monetize their gas reserves. In America and Europe
there is a growing concern over the security of LNG supply and a
necessity to diversify their reliance on a single source.
The Analysis of the Global LNG Market (2007) report from Synergyst
analyzes the global LNG market and examines the recent trends and
future prospects in the LNG market. International LNG trade is also
discussed along with market developments in key markets. Report also
includes company profiles of leading LNG players.
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Table of Contents
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I. MARKET FOR GLOBAL NATURAL GAS
a. Global Demand and Supply
b. Natural Gas Reserves
c. Global Natural Gas Forecast
II. OVERVIEW OF LNG
a. Basics of LNG
b. Pros and Cons of LNG Usage
c. Comparison with Other Energy Sources
d. Technical Assessment
i. Production and Exploration
ii. Liquefaction
iii. Storage
iv. Transportation
v. Regasification
III. INTERNATIONAL LNG TRADE
a. Global Demand and Supply
b. Global LNG Infrastructure
i. LNG Train
ii. LNG Carriers and Tanks
c. International LNG Trade Movement
IV. KEY MARKET DIVERS
a. Liberalization of Global Markets
b. Security of Energy Supply
c. Rising Environmental Awareness
d. Rising Prices of Crude Oil
e. Transatlantic Arbitrage
f. Changing Weather Conditions
g. Stranded Gas Reserves
h. Developments in Gas Trading
i. Regional Cooperation
V. ISSUES AND CHALLENGES
a. Higher Capital Costs
b. Growing Financing Challenges
c. Costliness of LNG Vessels
d. High BTU Content
e. Security of LNG Infrastructure
VI. ANALYSIS OF KEY LNG REGIONS
a. Pacific Basin
i. Australia
ii. China
iii. India
iv. Indonesia
v. Japan
vi. Malaysia
vii. Russia
viii. South Korea
ix. Taiwan
b. Atlantic Basin
i. Algeria
ii. Egypt
iii. France
iv. Nigeria
v. Spain
vi. Trinidad and Tobago
vii. United States
c. Middle East
i. Oman
ii. Qatar
iii. United Arab Emirates (UAE)
d. Emerging Regions
i. Central and South America
ii. Middle East and Africa
iii. Emerging Europe
VII. LNG PRICING AND COST ANALYSIS
a. LNG Costs
i. Liquefaction and Train Costs
ii. Transportation Costs
iii. Regasification
b. LNG Investment and Financing
i. Commercial Banks
ii. Export Credit Agencies
iii. Overseas Investment
iv. Multilateral Agencies
c. LNG Pricing
d. Contracting Practice in Global LNG trade
VIII. CONTRACTING PRACTICE IN GLOBAL LNG TRADE
a. Long Term Contracting
b. Short Term Contracting
c. Impact of Contracting on Various Markets
IX. IMPACT OF GOVERNMENT POLICIES
a. European Union
b. United States
c. China
X. LNG COMPANY PROFILES
a. BG Group Plc
i. Egypt
ii. Italy
iii. Nigeria
iv. Trinidad and Tobago
v. United Kingdom
vi. United States
vii. LNG Shipping
b. BP Plc
i. Australia
ii. Indonesia
iii. Trinidad and Tobago
c. Chevron Corp.
i. Angola
ii. Australia
iii. Nigeria
d. ConocoPhillips
i. Australia and Timor Sea
ii. North America
iii. Qatar
e. ExxonMobil
i. Australia
ii. Qatar
f. Repsol
i. Algeria
ii. Trinidad and Tobago
iii. Middle East
g. Royal Dutch Shell
i. Australia
ii. Malaysia
iii. Nigeria
iv. North America
v. Russia
h. Total Fina Elf Nigeria Plc
i. Africa
ii. Asia Pacific
iii. Europe
iv. North America
v. Middle East
i. Suez-Tractebel
i. Belgium
ii. Brazil
iii. Chile
iv. Oman
XI. PROFILES OF KEY LNG FACILITIES/ TERMINALS
a. North America
i. Altamira LNG Terminal (Mexico)
ii. Calhoun LNG Project (Texas, United States)
iii. Cove Point (United States)
iv. Elba Island (United States)
v. Everett (United States)
vi. Golden Pass LNG Project (United States)
vii. Lake Charles (United States)
viii. Sempra Energy LNG Receiving Terminals (Unite States /
Mexico)
b. Europe
i. Dragon LNG Terminal (United Kingdom)
ii. Gaz de France LNG Terminal (France)
iii. Grain LNG Terminal Expansion (United Kingdom)
iv. Livorno LNG Terminal (Italy)
v. North Adriatic LNG Terminal (Italy)
c. Asia Pacific
i. Bontang LNG Plant (Indonesia)
ii. Burrup Park LNG Project (Australia)
iii. Darwin LNG Project (Australia)
iv. Guangdong LNG Terminal (China)
v. Inchon LNG Terminal (South Korea)
vi. Petronet Kochi Terminal (India)
vii. Mariveles LNG Project (Philippines)
XII. APPENDIX AND GLOSSARY
List of Figures
Figure 1: Global Natural Gas Production by Region (2005-2006)
Figure 2: Geographic Distribution of Global Natural Gas
Production (2006)
Figure 3: Global Natural Gas Reserves by Geographic Location
(2006)
Figure 4: Components of the LNG Liquefaction Plant
Figure 5: Single Mixed Refrigerant (SMR) Process
Figure 6: Propane Pre-Cooled Mixed-Refrigerant (PPMR) Process
Figure 7: Cascade Process
Figure 8: Structure of a LNG Storage Tank
Figure 9: Regional Exports and Imports of Natural Gas Worldwide
(2006)
Figure 10: Growth in International LNG Trade (till 2006)
Figure 11: Forecast of the Global LNG Capacity (2006-2011)
Figure 12: Global LNG Tankers Fleet (1965-2007)
Figure 13: Map showing International LNG Trade Movements (2006)
Figure 14: World’s Major LNG Importing Countries (2006)
Figure 15: World’s Major LNG Exporting Countries (2006)
Figure 16: Comparison of Crude Oil and Natural Gas Prices
Figure 17: Map of the North West Shelf Area Project
Figure 18: Map of the Gorgon Gas Project
Figure 19: Map of LNG Projects in China
Figure 20: LNG Costs Structure
Figure 21: Liquefaction Capital Costs & Train Size
Figure 22: Comparison of Gas Import Prices - LNG vs. Pipeline
Figure 23: Map of BG Group's Global LNG Operations
Figure 24: Map of the Calhoun LNG Facility
Figure 25: Map of Cove Point LNG facility
Figure 26: Map of Golden Pass LNG Project
Figure 27: Map of the Lake Charles LNG Terminal
Figure 28: Map of Sempra’s LNG Terminals
Figure 29: Map of Dragon LNG Terminal
Figure 30: Map of the Livorno LNG Project
Figure 31: Map of the Bontang LNG Plant
Figure 32: Map of Pluto LNG Project
List of Tables
Table 1: Regional Statistics – Natural Gas Production, Exports,
Imports and Consumption (2006)
Table 2: Characteristics of CNG and LNG
Table 3: Malaysia’s LNG Infrastructure (2005)
Table 4: LNG Liquefaction Facilities Worldwide (2006)
Table 5: LNG Regasification-Import Terminals Worldwide (2006)
Table 6: Common Energy Units
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