The future role of g gas in the international energy mix B k St Becky Stephen h 9 October 2012
Ab t BG Group About G Market leader: FTSE top ten company Listed on London Stock Exchange Market capitalisation Circa 44 billion (5 October 2012) Gas and oil: Production circa 70% gas; 30% oil Global g gas major: j Over 6 000…
Ab t BG Group About G Global Gas Major Connect gas to Secure competitively high-value markets priced resources Build & access markets Equity reserves Serve customers Contracted resources Skill tto succeed Skills d across th…
Wh t it like Whats lik to t work k att BG Group G 5
Wh do Why d we need d more energy Maintain standards of living in developed p world Support economic growth Improve p o e sta standards da ds in de developing e op g world Global population growth driving d demand d…
E Energy d demand d growth th OECD and Non OECD energy demand Energy supply by fuel type Billion toe Billion toe Source: BP World Energy Outlook 2030 7
S Supply l off hydrocarbons h d b Remaining reserves at 2010 production rates Years Source: BP Statistical Review of World Energy 2011 (Coal and Oil), IEA Golden Age Gas (Gas), BG Group Analysis 8
S Sources off Gas G Unconventional Gas Coal Seam Gas Land Surface Seabed Conventional Gas Conventional Gas Structural Gas Accumulation Gas Cap to Oil Accumulation Unconventional Gas Gas Hydrates Conventional Gas…
Transporting gas to market Pipe Source: BG Group 10
Th LNG Chain The Ch i Shipping Production After the gas is liquefied, liquefied it is loaded onto a specially built Onshore and offshore ship designed to hold super-cooled platforms collect gas gas. LNG can be transported to from…
Transporting gas to market LNG Existing Pipe Future Source: BG Group 12
Climate Change Dragon LNG regasification terminal UK
Global CO2 and temperature rise Annual mean CO2 Annual mean concentration temperature (ppm) anomaly (C) 460 1 440 08 0.8 Annual mean 0.6 CO2 420 concentration 0.4 (ppm) 400 0.2 380 Annual mean 0 temperature 360 anomalyy…
Cli t change Climate h A tough challenge Hard to predict Requires international co-operation Long term cost benefit Gas is part of the solution Cleanest fossil fuel Natural gas, when burned, produces 40% lower carbon dioxide…
Meeting UK 2020 emissions targets GWh in 2020 400,000 350,000 300,000 250,000 Other Wind 200,000 Nuclear Gas 150 000 150,000 Coal 100,000 50,000 0 Source: BG Group DECC BG 2020 reference 16
Meeting UK 2020 emissions targets GWh in 2020 400,000 350,000 300,000 250,000 Other Wind 200,000 Nuclear Gas 150 000 150,000 Coal 100,000 50,000 0 Source: BG Group DECC BG 2020 reference 17
C Conclusions l i Global energy demand is growing especially Non-OECD Non OECD Oil is getting harder to find Gas is abundant Satisfying future gas demand a huge challenge Key K role l ffor new unconventional ti l sources…
K M Key Messages Gas has important role in satisfying future energy demand Gas is abundant and, as LNG, is available globally Gas has key role to play in the transition to a low carbon future Many exciting careers available in the…
Careers in Oil & Gas: Where do you want to work Norway UK Kazakhstan Italy USA Areas of PA Tunisia India China Algeria Thailand Trinidad T i id d & Egypt Tobago Kenya Nigeria Tanzania Brazil Singapore Australia Bolivia…
Careers in Oil & Gas: What do you y want to do Developments Gas Exploration Operations Marketing g Geologist Well engineer Production technologist Gas trader Geophysicist Reservoir engineer Operations manager LNG marketeer…
Follow us on Twitter: BGGroup www.youtube.com/bggroupofficial www.bg-group.com
Loading...
