Gas and LNG pricing Regional gas pricing /MMBTU 12 Gas is an increasingly Market range for global commodity 10 oil-linked LNG contract prices 8 Steady demand growth and ample supply 6 capacity Asia LNG Spot 4 2 Henry…
LNG supply & demand outlook Global LNG demand MMTPA 600 500 LNG market oversupply Supply 400 opportunity in mid-term Other 300 Europe Rest of Asia Supply gap developing 200 India around 2025 China 100 Japan Korea…
LNG supply curve LNG development costs /MMBTU 15 9/MMBTU or less Abundant lower-cost 10 delivered to Asia LNG supply Debottleneck opportunities in Australia Focus on cost 5 competitive LNG opportunities 0 100 200 300…
Midstream LNG strategy Continuously drive full LNG value chain economics Integrated decision making Pacific-basin focused approach Shipping and trading activate full LNG value chain 2018 Chevron Corporation 5
Midstream Permian strategy R O O S E VE LT COCHRAN CROSBY DICKENS HOCKLEY LUBBOCK Cushing Optimize across value chain while CH AV ES YOAKUM TERRY LY N N GARZA KENT LEA Houston / maintaining flow assurance EDDY…