Skip to main contentCanadas Natural Gas and Oil Resources Global Stage – Canadian Association of Petroleum Producers (CAPP) Investor Presentation | Shale Experts
Canada?s Natural Gas & Oil Resources on a Global Stage #233082 Vancouver Board of Trade November 5, 2013
Enabling Responsible Development 2
Global Crude Oil Reserves by Country 26 25 21 48 37 30 92 80 102 141 155 173 265 298 0 50 100 150 200 250 300 Venezuela Saudi Arabia Canada Iran Iraq Kuwait Abu Dhabi Russia Libya Nigeria Kazhakhstan China…
2012 Canada and U.S. Demand for Crude Oil by Source Thousand Barrels per Day 6
8 6 4 2 0 10 12 14 China India European Union United States Japan Korea mmb/d Net oil imports in the New Policies Scenario 2005 2011 2020 2035 Changing Global Oil Import Needs Source: IEA World Energy Outlook 2012, EIA 7
Access to Markets ? Pipeline Expansions in Development
WCSB Takeaway vs Supply Forecast 9
Current Disposition of W. Canada?s Natural Gas Production (2012) TransCanada Transmission Mainline TQ&M Westcoast Kern River Northwest Northern Border TransCanada Alberta (NGTL) NGPL ANR ANR El Paso PG&E SoCal PGT…
? LNG for export ? Oil Sands growth ? Gas-fired power and cogeneration ? Vehicles ? CNG/LNG Natural Gas ? Market Opportunities 13 Industrial 21.5% Residential 13.3% Commercial Electricity 12.1% Generation 13.4% Vehicles…
5 0 10 15 20 25 30 35 40 45 50 2010 2015 2020 2025 2030 2035 2040 China Taiwan India South Korea Japan Imports to Asian Economies with Growing Natural Gas Requirements (Bcf/d) Source: EIA 2013 International Energy…
? Ports of Kitimat and Prince Rupert are closer to Asia than any other North American port ? 8 sailing days to Japan ? 9 sailing days to Korea ? 11 sailing days to China Canada?s Export Opportunity Source: Apache Corporation
Canadian Production ? Market Constrained Case and New Market Opportunity Case Eastern Canada CBM Western Canada Unconventional Western Canada Conventional Market Constrained Case New Market Opportunity Case 17
B. C. Production ?? Market Constrained Case and New Market Opportunity Case 18 Market Constrained Case New Market Opportunity Case
Safe, Environmentally Responsible ? Production ? GHG emissions reductions ? Water ? oil & natural gas ? Land & wildlife ? Transportation ? Pipelines & Rail ? Integrity & operations ? Marine ? Prevention, response and recovery ?…
What?s in it for us?
? $5.2 billion invested in 2012 ? $6.7 billion invested in 2011 ? $82 billion invested up to 2012 ? $13.5 billion spent on acquisitions in B.C. gas plays by foreign companies from 2010 to date Investment in B.C.?s natural gas sector…
BC Benefits 23 Watson Gloves Ideal Welders Wright?s Food Service Northern Lights College
Being Part of the Discussion 5 @oilgascanada www.facebook.com/OilGasCanada