Nwood mackenzie lng pdf

We are a leader in multinational oil and gas pipelines and liquefied natural gas projects markets, with vast experience of completing complex crossborder projects. Providing its take on what to expect in 2017, woodmac forecasts the overall upstream investment cycle will show the first signs of growth in 2017 since 2014 and final investment decisions fids will double, compared with. Discover longterm and shortterm outlook reports on global gas market fundamentals, dynamics and disruptive trends. According to wood mackenzie, less than 10% of global lng projects have been completed under budget, and 60% experienced delays to schedules. Northeast asias seven largest lng buyers are jera, tokyo gas, cnpc, cnooc, sinopec, kogas and cpc. Technology company the linde group has been awarded a contract to provide engineering and procurement services for a 2. Alaskan lng exports competitiveness study by wood mackenzie. Lng fuelled ship order book bulges more vessels are under construction than the entire existing fleet as imo 2020 looms. By way of recap, an lngtopower project involves the following constituent parts. Australia is not unique to experiencing issues with lng execution. An alaska industrial development and export authority team that has been evaluating proposals for providing a liquefied natural gas supply for fairbanks favors a plan by salix inc. The lng big chill by wood mackenzie published on 20190724t05. Outlook for competitive lng supply ng 142f oxford institute for.

Lng plant cost escalation oxford institute for energy. Global lng outlook emerging market demand growth continues europe to provide swing demand due to market access and flexibility future supply gap. Poland gas and lng markets longterm outlook 2020 report. Ngl supply modelling lessons learned, challenges ahead. The magnolia lng project will be constructed as four lng production trains of 2 mtpa each, and guaranteed capacity of 1. Woodsides scarborough and santos barossa lng projects unlikely to happen this year as planned according to oil and gas experts wood mackenzie. This mou is part of agdcs broader plan to move the project towards completion. A key reason to segment single lng plant could operate as tolling facility for multiple upstream fields with different owners. Polish gas demand in the power sector is set to increase twofold during 202025. Covid19 could be the straw that breaks the camels back.

Our lng forecasts include detailed analysis of the entire gas and liquefied natural gas value chain to provide a complete picture. As with all commodities, the impact of the novel coronavirus 2019ncov on chinese gas demand will depend on both the severity and length of time required to contain the outbreak. Globally, the whole industry has a long history of poor project delivery. Oct 16, 2012 wood mackenzie has assessed the key issues for the uk north sea oil and gas sector in the event of constitutional change in scotland. The arctic lng 2 project will be located offshore near the remote gydan peninsula in northern west siberia. Everything you need to know about the topic you are looking for.

This is a significant step forward in building support of the market for alaska lng under state leadership. The development and financing of lngtopower projects. Cheap lng may lure 50 more nations to gas from oil, woodmac says. China has accounted for 40% of the global growth in lng demand since 2015. At the margins of lng trade five years ago, government policy to improve air quality sparked a dash for gas.

It delivers the deepest understanding of lng supply projects and economics. Development corporation has engaged wood mackenzie to undertake an analysis of the competitiveness of the alaska lng project the analysis undertaken relies on wood mackenzie s own internal. Wood mackenzie report 120 tcf technically recoverable reserves across area 1 and area 4. After several quiet years, 2018 has seen them return to longterm contracting in a significant way.

Lng virus likely to stall woodside and santos lng growth plans. Companies are increasing their exposure to gas and lng, making the corporate landscape more complicated. Wood mackenzie last year saw argentina lng ramping in 2024 with lng production volumes reaching 6 mmtytm which could grow to 10 mmty by 2030. Linde awarded engineering contract for woodfibre lng project. Coronavirus threatens as much as 6 million tonnes of global growth. Jun 15, 2017 gulf coast lng boom may become bust for some. Stream the lng big chill, a playlist by wood mackenzie from desktop or your mobile device. The lng big chill gives a quick update on the latest news and price in the gas and lng sector. Volume and number of cargos are the cumulative totals of each individual country of destination by type. Alaska lng competitiveness study august 2016 strategy with substance. Floating lng projects may have peaked already amid intensifying competition in the liquefied natural gas space, a new report from wood mackenzie has suggested. Magnolia lng plans to develop the project site on the industrial canal near lake charles in southwest louisiana as an 8 million tonnes per annum mtpa or greater lng export facility.

Nov 28, 2016 the first nations lng alliance is a collective of first nations who are participating in, and supportive of, sustainable lng development in bc. Collectively, they account for close to 70% of total asian demand. Gas offers have come in august 16, 2015 petroleum news. This includes listening to the community and local first nations and acting on their priorities. Covid19 could be the straw that breaks the camels back we can certainly see evidence of the market creaking. Alaskan lng exports competitiveness studyalaska gasline port authority agpafinal reportjuly 27, 2011 strategy with substance 2. Alaskabased resources energy, a unit of the japanese company energy resources eri, decided to cancel the proposed 1 mtpa lng project at port mackenzie. Lng cost overruns in the previous boom averaged 33%, with. July 29, 2011 friday sitnews anchorage, alaska the alaska gasline port authority agpa released the results of the liquefied natural gas lng project comparison study performed by global energy analysts wood mackenzie. Evaluate global gas market fundamentals, dynamics and disruptive trends using our complete analysis of the entire gas and liquefied natural gas value chain. At nearly 20 million tonnes per annum mmpta of lng it would be largest single project to reach fid, according to wood mackenzie, and take total lng. Wood mackenzie is more optimistic, estimating that.

Lng in janua f the gorgon ate 2017 and oduction capa 015, most notab t sabine pass rises to devel ct in western s that could yie acific northw tinued to purs a lng received er 2015. The race to establish an asian lng hub arnaud dubois denis. Aiedas interior energy team favors salix proposal for lng supply for fairbanks. By then, lng imports in japan are expected to decline 12% to 72. Our industry expertise includes the full range of oil and gas transactions throughout the entire value chain, from upstream to downstream, including production, distribution and. Lng changes everything for australias east coast gas market. Onethird of new lng supply growth already online lng volume set to expand 50% from 2014 to 2020 8 source. Coal fleet us hele plants exhibit a 72% higher levelized cost than chinese plants due to a capex difference of. To date, wood mackenzie estimates that recoverable reserves in mozambique are 85 tcf and in tanzania 18 tcf, with another 100 tcf yet to be found 80 tcf in mozambique. Hilcorp acquires point mackenzie lng plant that supplies fairbanks.

China is the single most important growth market for lng. At full buildout, lng capacity could quadruple current production. Table of contents lng monthly us department of energy. Aug 25, 2016 wood mackenzie alaska lng competitiveness study aug 2016 1. Hilcorp acquires point mackenzie lng plant that supplies.

Shell interpretation of ihs lng waterborne trade, liquefaction projects database and wood mackenzie q4 2016 data 265 100 150 200 250 300 350 400 2006 2008 2010 2012 2014 2016 2018 2020 delivered volume. Shipments of domesticallyproduced lng delivered cumulative starting from february 2016 through may 2017 note. Wood mackenzie, a verisk business, is a leading research and consultancy business for the global energy, chemicals, metals and mining industries. Cook inlet is preferred march, 2016 petroleum news. Exxonmobil and qatar petroleums announcement that they will proceed with development of the golden pass lng export project at sabine pass, texas, us, kicks off what could be a record year for lng final investment decisions fids, according to wood mackenzie. The woodfibre lng project is a proposed smallscale lng processing and export facility, located approximately seven kilometres southwest of squamish, b. Wood mackenzie, world coal association, danish energy agency, iea, nea 2,496 2,500 3,722 572 7x 38 22 14 26 5 4 4 3 outlook and benefits of an efficient u.

The jump in global lng supply from 325mn tyr in 2018 to 390mn tyr, according to figures from consultancy wood mackenzie, while demand growth stutters and prices plunge is an immediate reminder of the risks of an abundantly supplied market to new project developers. Ngls derived from gas consumption contribute to petrochemical feedstock demand. Stream market oversupply and new lng fid progress by wood mackenzie from desktop or your mobile device. Consultancy group wood mackenzie expects the uschina trade war to have a fairly limited. Shell interpretation of wood mackenzie q4 2016 data. Port mackenzie is the only port in alaska that can boast 9,033 acres, 14 square miles dedicated to commercial and industrial development. Developer of the newcastle gasdock lng terminal, epik. Epik, developer of the newcastle gasdock lng terminal in new south wales, australia, announced today that it has engaged industry. How covid19 is hitting an already oversupplied lng market, whether we will see more. My appreciation for the data and comments provided by giles farrer and andrew buckland from wood. Virus likely to stall woodside and santos lng growth plans.

The lng service and tool provides a global perspective of the lng value chain. The lng big chill by wood mackenzie free listening on. Linde awarded engineering contract for woodfibre lng project in canada. The race to establish an asian lng hub arnaud duboisdenis gm bg singapore gas marketing singapore electricity roundtable, st regis singapore, 8 july 2015. Tanzanias lng hopes on a knifeedge petroleum economist. Customers get unrivalled access to our trusted global industry expertise, enabling them to spot, validate and benchmark opportunities, and forecast how. Market oversupply and new lng fid progress by wood mackenzie published on 20200304t10. There are 184 lng fuelled ships currently on order, more than the 170 vessels in operation, according to standards agency dnv gl, as the impending imo 2020 regulations encourage shipowners to take on the upfront costs of investing in cleanerburning vessels. Macroeconomic study the document, the recipient agrees to be bound by the following terms and conditions and disclaimers. Prices through 2035 are included for key hubs henry hub, ttf and japan as well as indicative oilindexed contract prices for europe and asia. Australias next wave of lng projects needs to compete to. The interior energy project, an alaska industrial development and export authority initiative to bring affordable energy to fairbanks and the alaska interior, has passed a couple of milestones, as the project team assesses bids for the supply of gas from the. With 33 new lng ships on order so far this year, compared to 19 in 2017 and just six in 2016, lng order are clearly increasing.

Poll question at the start world refining association. Woodfibre lng is committed to building a project that is right for squamish and right for bc. A new standalone report for the h12018 global gas service the attached excel file provides wood mackenzie s h12018 global gas and lng price outlook. There is a widening range of suppliers democratising access to lng supply, not least infrastructure developers in the us. East africa gas potential for export david ledesma ng 74 march 20. A fast track solution to meet south africas energy needs 1 port elizabeth mosselbay western cape eastern cape kwazulunatal limpopo gauteng northern lecape north west free state mpumalanga sotho richards bay durban east london johannesburg fossil fuel foundation gas conference johannesburg, may 21 2014. The woodfibre lng project is the first industrial project to undergo squamish nations groundbreaking environmental assessment. Sep 04, 2015 wood mackenzie s view is that the global lng market does not need all this lng at the pace proposed and, as companies confront this reality, a raft of project postponements will follow, tomnay. Shell interpretation of wood mackenzie and verisk maplecroft q4 2017 data. We empower clients to make better strategic decisions. Market oversupply and new lng fids market oversupply and new lng fids. Lngfuelled ship order book bulges petroleum economist. While wood mackenzie expects 2020 to be the bottom of the lng market, it will take time to rebalance and low global gas and lng prices look set to continue for several years. According to wood mackenzie, owners are tempted by higher spotshortterm charter rates, low newbuilding prices and rapidly growing lng trade.

Lng plant cost escalation 2 costs of 36 liquefaction projects between 1965 and the present shows a quadrupling of costs from the low point in the year 2000 to 20 i. Global lng demand growth is forecast to be robust, driven by the. The docks are designed to efficiently export natural resources as well as many other types of cargoes. The scottish electorate will vote on independence before the end of 2014, with the division of north sea resources and future of the oil and gas sector a central issue in. Epik, developer of the newcastle gasdock lng terminal in new south wales, australia, announced today that it has engaged industryleading energy consulting experts, wood mackenzie, to conduct a comprehensive analysis of the southeast australian gas market in parallel with epiks commercial efforts seeking terminal capacity. Jun 23, 2016 the number of liquefied natural gas importers may more than double as a glut damps prices and encourages nations to ditch crude, according to wood mackenzie ltd. The opinions expressed in these materials are those of wood mackenzie, and nothing contained in them constitutes an offer to buy or to sell securities, or investment advice. The australian article quoted financial forecasting firm wood mackenzie saying that a successful.

Commodity traders traders use waterborne commodity intelligence to monitor the spot market in real time, to be the first to. Wood mackenzie alaska lng competitiveness study aug 2016. Apr 03, 2017 lng output could grow by more than 100 mt by 2020 to more than 360 mt. Japan could lose its pole position as the worlds top lng importer to china as early as 2022, a new report by wood mackenzie showed. Market oversupply and new lng fid progress by wood. Chinas liquefied natural gas trucking capacity will double to 38 million tonnes by 2025, consultancy wood mackenzie said in a report on monday the flexibility offered from delivering lng by truck will help offset a lack of infrastructure such as pipelines, storage and regasification units, the consultancy said. Lng trade estimate is a wood mackenzie estimate based on market intelligence, tender data and company publications. Our lng in brief is a rolling coverage of events as they happen in global lng. Sep 16, 2011 alaskan lng exports competitiveness study by wood mackenzie 1. Middle men are building positions, longterm contracting has fallen and short term. Jan, 2017 energy intelligence group wood mackenzie sees the deepwater upstream oil and gas sector springing back to life in 2017.

Under construction demand supply pacific basin atlantic basin pacific basin atlantic basin intl. Wood mackenzie the future of gas and lng looks bright for many years to come. Gulf coast lng boom may become bust for some houston chronicle. Our story making a difference to our clients with forwardlooking, quality research has always been at the heart of our business. Wood mackenzie makes no warranty or representation about the accuracy or completeness of the information and data contained in these materials, which are provided as is. Article headline 20200226 natural gas intelligence. Expert analysis of waterborne lng production globally published monthly who uses waterborne commodity intelligence lng services. Market report subscription services wood mackenzie. Superior economics of largevolume pipeline from prudhoe bay to valdez proven by analysis. Wood mackenzie the lng big chill on apple podcasts. Development corporation has engaged wood mackenzie to undertake an analysis of the competitiveness of the alaska lng project the analysis undertaken relies on wood mackenzie. Inputs from wood mackenzies proprietary data, natural gas, power, upstream, downstream, lng, oil, and petrochemical markets teams for crosscommodity insights and integration with our primary commodity forecasts fundamental demand forecasts based on detailed bottomup analysis of markets.