Are the dynamics of the LNG industry changing Chris Finlayson, Chief Executive, BG Group CERA week 5 March 2014 Methane Shirley Elisabeth LNG vessel
Securing energy supply for Singapore New LNG import terminal Second terminal from 2020+ Capacity has nearly doubled to 6 mtpa in a year Singapores vision: to create a competitive LNG market and become a regional energy hub…
LNG today 2013 trade = 240 mt* (176 bcma) 10% of all gas consumed A global trade: 17 exporters 27 importers 382 ships An increasing dynamism: 3 new markets added in 2013 2012 short-term trade** = 25% of total, 2013 likely to be…
Market outlook BG Group LNG trade outlook Global LNG supply (mtpa) Range of external Demand LNG trade forecasts* upside BG trade outlook New Other supply 120 US** mtpa Under construction Supply: existing and under…
Are the dynamics changing New suppliers, markets and players Increasing flexibility New pricing constructs LNG as a transport fuel Near-term outlook supply hiatus and market tightness 6
But there are limits US LNG not a universal solution Pricing will remain regional Oil indexation will remain important in Asia Increasing liquidity is not a given Near-term outlook supply hiatus and market tightness 7
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