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Liquefied Natural Gas Market Worldwide
Liquefied Natural Gas Market Worldwide
Liquefied Natural Gas Market Worldwide
Liquefied Natural Gas Market Worldwide
Liquefied Natural Gas Market Worldwide
Liquefied Natural Gas Market Worldwide
Liquefied Natural Gas Market Worldwide
Liquefied Natural Gas Market Worldwide
Liquefied Natural Gas Market Worldwide
Liquefied Natural Gas Market Worldwide
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Liquefied Natural Gas Market Worldwide

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  • 1. Get more info on this report!Liquefied Natural Gas Market WorldwideJune 1, 2010Natural gas accounts for 20% of the world’s marketed energy, with more than 120quadrillion Btu of natural gas is consumed globally. It is a critical fuel in the generationof electric power and heat. Furthermore, it is used in industry as an energy sourceand/or feedstock for manufacturing fertilizer, pulp and paper, metals, chemicals, textiles,plastics and pharmaceuticals, among others.Nearly 120 quadrillion Btu of natural gas is consumed globally. Some gas-producingcountries, such as those in the Middle East and Africa, are able to satisfy all of theirnatural gas demand through domestic supply. Others, such as Japan and South Korea,are almost entirely reliant on natural gas imports to fuel power plants, industrialprocesses and provide heat. Still others, including those in Europe and North America,are able to partially meet natural gas demand with domestic supply while supplementingthe rest with imports.Over a quarter of global natural gas demand is fulfilled by imported natural gas.Countries in Europe and Eurasia are by far the leading importers of natural gas andimport about 450 billion cubic meters of the fuel, or about 40% of the region’s naturalgas requirements, annually. This region is followed in natural gas imports by the AsiaPacific and North America regions. Together the three regions account for 95% ofglobal natural gas imports.Because of its low density and high volume, natural gas is costly and inefficient to storeand transport over long distances in its gaseous state. Moreover, crossing internationalborders via pipeline amplifies commercial and investment risks and complexities.Pipeline construction and maintenance costs, along with technical challenges, escalatewith distance. Further, when the pipeline must traverse countries which are not involvedas gas producers or consumers, concessions may be difficult and costly to obtain.Liquefied natural gas (LNG) is natural gas which has been converted to liquid form forease of storage or transport. Liquefying natural gas allows access to natural gas fromregions with vast production potential to end markets too distant to be connected bypipeline. The global market for LNG accounts for nearly 10% of total annual worldwidenatural gas consumption. Pipeline gas continues to account for the majority of global
  • 2. natural gas trade. However, nearly 30% of natural gas trade is now provided by LNG.Despite the global economic recession in 2008 and 2009, global demand for LNGincreased by nearly 22% in volume terms from 2005 to 2009. North American importsare expected to more than double from 16 Bcm in 2009 to 40 Bcm in 2013. Over thepast five years, significant investments in the LNG supply chain have been madearound the world and global liquefaction capacity has increased by 40%.LNG has assumed an increasingly significant role in the energy security of severalnations around the world. LNG markets are expected to show robust growth over thenext several years, driven largely by supply push. Driven by relatively low prices and aglobal economic recovery, LNG demand is expected to catch up with supply-chaincapacity by 2014. LNG markets will likely experience renewed investments in supply-chain infrastructure in the years beyond 2015.While the US currently accounts for less than 6% of global LNG imports, US domesticnatural gas demand and supply dynamics have dramatically influenced global LNGinvestments over the past few years. Given the concurrent and rapid increases in USunconventional gas production capacity and LNG regasification and storage capacity,the US is likely to continue to re-shape global LNG trading in years to come.Liquefied Natural Gas Market Worldwide includes a broad review of the global marketfor liquefied natural gas. Key technologies leveraged within the LNG supply chain,including liquefaction, shipping and regasification technologies are discussed. Anoverview of the LNG market structure, mechanisms and key participants is provided.Additionally, recent investments in LNG liquefaction capacity, shipping capacity, andregasification capacity across regions and major participating nations are discussed.The report provides historic and forecast global energy demand 2005 to 2015 andenergy demand drivers and trends are reviewed. Further, world energy supply sources2005 to 2015 are discussed and the linkage between domestic natural gas production,import dependence and LNG trading are outlined. Finally, historic and forecastinternational LNG trade volumes and values are presented for the period 2005-2015.Read an excerpt from this report below.Report MethodologyThe information in Liquefied Natural Gas Market Worldwide is based on primary andsecondary research. Primary research entailed gathering information from firms andindividuals involved in LNG project development, marketing, distribution and sales ofLNG and natural gas, utilities, analysts and consultants to the energy industry to obtaininsight into the technologies and market factors shaping the industry. Secondaryresearch entailed data gathering from relevant sources, including government andindustry publications, company literature and corporate annual reports.
  • 3. What You’ll Get in This ReportLiquefied Natural Gas Market Worldwide contains important insights and projectionsregarding the future of this market around the world. The report provides both thecomprehensive analysis and data. Subscribers will benefit from extensive data,presented in easy-to-read and practical charts, tables and graphs.Liquefied Natural Gas Market Worldwide includes a broad review of the global marketfor liquefied natural gas. Key technologies leveraged within the LNG supply chain,including liquefaction, shipping and regasification technologies are discussed. Anoverview of the LNG market structure, mechanisms and key participants is provided.Additionally, recent investments in LNG liquefaction capacity, shipping capacity, andregasification capacity across regions and major participating nations are discussed.The report provides historic and forecast global energy demand 2005 to 2015 andenergy demand drivers and trends are reviewed. Further, world energy supply sources2005 to 2015 are discussed and the linkage between domestic natural gas production,import dependence and LNG trading are outlined. Finally, historic and forecastinternational LNG trade volumes and values are presented for the period 2005-2015.How You’ll Benefit from This ReportIf your company is already doing business in the market for liquefied natural gas, or isconsidering entering the marketplace, you will find this report invaluable. It provides acomprehensive package of information and insight not offered in any other singlesource. You will gain a thorough understanding of the current global market for liquefiednatural gas, as well as projected markets and trends through 2015.This report will help: Marketing managers understand the market forces shaping the market for liquefied natural gas and identify market opportunities. Research and development professionals stay on top of competitor initiatives and explore demand for LNG. Business development executives understand the dynamics of the market and identify possible partnerships. Information and research center librarians provide market researchers, product managers, and other colleagues with the vital information they need to do their jobs more effectively.Additional InformationMarket Insights: A Selection From The Report
  • 4. The development of LNG supply chain technologies has recently enabled natural gastrading across more geographically dispersed regions as it is now possible to liquefy,ship and regasify natural gas. It is generally more cost efficient to process and ship LNGthan it is to pipe natural gas across distances of greater than 2000 miles.EuropeAlthough natural gas demand in OECD Europe is growing at a low rate, Europe’sdependence on imported natural gas continues to increase as local natural gasproduction declines. The region’s dependence on imported natural gas is expected toincrease from 44% in 2006 to 48% in 2015 and to over 57% in 2030. Pipeline suppliesof over 190 billion cubic meters per annum from Russia and Algeria account for morethan 30 percent of the region’s total consumption. Additionally, LNG imports of over 55billion cubic meters, mostly from supplying nations in Africa and the Middle East, arealso used to supplement consumption. European reliance on LNG is expected furtherexpected to increase as recurring problems with Russian supplies, its largest source ofpipeline natural gas, persist.Population GrowthGlobal population growth is a significant driver of the demand for energy as increases inpopulation translates to greater demand for electricity, transportation and related goodsand services. Over the past five years, global population has grown 6% from 6.5 billionto 6.9 billion. Global population is expected to reach nearly 7.3 billion in 2015,increasing at a rate of 1.1% per year for the next five years.Table of ContentsChapter 1: Executive Summary Introduction Figure 1-1: Global Marketed Energy Use by Fuel (in quadrillion Btu) Table 1-1: Global Natural Gas Consumption and Imports (in billion cubic meters) LNG Supply Chain Exploration and Production Liquefaction Figure 1-2: LNG Liquefaction Plant Process Overview Figure 1-3: World LNG Exports by Country, 2009 (in % Bcma) Shipping Cargo Capacity Cargo Containment Systems Carrier Propulsion Systems Table 1-2: World LNG Fleet, 2009-2012 Regasification Figure 1-4: LNG Regasification Plant Process Overview
  • 5. Offshore Regasification Figure 1-5: World LNG Imports by Country, 2009 (in % Bcma) LNG Market Structure Market Size and Demand Trends Global Energy Demand Figure 1-6: World Marketed Energy Consumption, 2005-2015 (in quadrillion Btu) Figure 1-7: World Population and Gross Domestic Product, 2005-2015 (population in millions, GDP in $ billion) Figure 1-8: World Electricity Generation by Fuel Type, 2005, 2015 (Percent of Total) Global Energy Supply Figure 1-9: World Marketed Energy Use by Fuel Type, 2005-2015 (in quadrillion Btu) Figure 1-10: World Natural Gas Reserves by Region, 2009 (Trillion Cubic Feet, Percent of Total) Figure 1-11: World Natural Gas Production, 2009 (Trillion Cubic Feet) Figure 1-12: Global LNG Trade Volume, 2005-2009 (Billion cubic meters) Figure 1-13: Global LNG Trade Value, 2005-2009 (Billion USD) Figure 1-14: Global LNG Trade Volume, 2010-2015 (Billion cubic meters) Figure 1-15: Global LNG Trade Value, 2010-2015 (Billion USD) Report Format Report Methodology Abbreviations and Definitions Table 1-3: Abbreviations Utilized in ReportChapter 2: LNG Technology Introduction Characteristics of LNG Table 2-1: Typical Chemical Composition of LNG LNG Technology Exploration and Production Figure 2-1: Natural Gas Production Process Overview Liquefaction Figure 2-2: LNG Liquefaction Plant Process Overview Liquefaction Processes APCI Multi-Component Refrigerant Process (MCRTM) Figure 2-3: APCI MCRTM Process Phillips Optimized Cascade® Process Figure 2-4: Phillips Optimized Cascade® Process Statoil/Linde Mixed Fluid Cascade Process (MFCP) Figure 2-5: Statoil/Linde Mixed Fluid Cascade Process (MFCP) Shell Double Mixed Refrigerant Process (DMR) Black & Veatch PRICO® Process Figure 2-6: Black & Veatch PRICO® Process Axens LiquefinTM Process Shipping Ship Capacity
  • 6. Cargo Containment Systems Table 2-2: Summary of LNG Carrier Containment Systems Moss® Containment System Figure 2-7: Schematic of Moss® Containment System Membrane Containment Systems Figure 2-8: Schematic of Mid-Ship Section of a Membrane Containment System NO96 System Table 2-3: GTT Membrane-Design LNG Carrier Containment Systems Mark III System CS1 System Carrier Propulsion Systems Dual-Fuel Diesel Electric (DFDE) Slow Speed Diesel with Reliquefaction (DRL) Regasification Figure 2-9: LNG Regasification Plant Process Overview Receiving Storage Single Containment Tank Double Containment Tank Full Containment Tank Membrane Tank In-Ground Tank Vaporization Open Rack Vaporizers Submerged Combustion Vaporizers Intermediate Fluid Vaporizers Ambient Air Vaporizers Offshore Regasification Odorization and Send-OutChapter 3: LNG Market Structure Introduction Figure 3-1: Global Marketed Energy Use by Fuel (in quadrillion Btu) Table 3-1: Global Natural Gas Consumption and Imports (in billion cubic meters) Early Development of LNG Market Table 3-2: Significant Milestones in Early LNG Market Development Table 3-3: Global Natural Gas Consumption and Imports (in billion cubic meters) LNG Supply Chain LNG Project Costs Figure 3-2: LNG Supply Chain Project Costs (in % total cost) Sales and Purchase Agreements Table 3-4: Representative LNG Contracts in Effect, 2010 (in Mtpa) LNG Short-Term Market Figure 3-3: World LNG Volume Traded on Short-Term Market, 2000-2008 (in billion cubic meters) Pricing LNG Trade
  • 7. Liquefaction and Export Table 3-5: LNG Exporting Countries, 2009 Figure 3-4: World LNG Exports by Country, 2009 (in % Bcma) Figure 3-5: World Liquefaction Capacity by Region, 2009 (in Bcma) New Liquefaction Capacity Russia Indonesia Norway Yemen Peru Shipping Table 3-6: World LNG Fleet, 2009-2012 Figure 3-6: Average Capacity of LNG Ships Delivered, 1980-2009 (in cubic meters) Import and Regasification Table 3-7: LNG Importing Countries, 2009 Figure 3-7: World LNG Imports by Country, 2009 (in % Bcma) Asia Figure 3-8: World Regasification Capacity by Region (in % Bcma) China India Europe Belgium Italy United Kingdom North America Canada Mexico United States Figure 3-9: US LNG Import Capacity, 2000-2009 (in Bcfd) Table 3-8: US LNG Marine Import Terminals, 2009 Year-End Capacity (in Bcfd) Table 3-9: Proposed US Offshore Oil and Natural Gas Development, 2010 Central and South America Argentina Brazil ChileChapter 4: Market Size and Demand Trends Introduction Demand Drivers and Trends Global Energy Demand Figure 4-1: World Marketed Energy Consumption, 2005-2015 (in quadrillion Btu) Table 4-1: Organization for Economic Cooperation and Development Member Countries, 2010 Figure 4-2: World Marketed Energy Consumption by Economic Region, 2005, 2010, 2015 (in quadrillion Btu)
  • 8. Figure 4-3: World Marketed Energy Consumption by Economic Sub-Region,2005-2015 (in quadrillion Btu)Energy Demand DriversPopulation GrowthFigure 4-4: World Population by Economic Region, 2005-2015 (in millions)Economic GrowthFigure 4-5: World Gross Domestic Product by Economic Region, 2005-2015 (in $billion)Global Energy SupplyFigure 4-6: World Marketed Energy Use by Fuel Type, 2005-2015 (in quadrillionBtu)Liquid FuelsTable 4-2: World’s Proved Oil Reserves, 2010Figure 4-7: World Oil Prices, 1995-2015 (in 2007 USD per barrel)CoalTable 4-3: Top Five Producers of World Hard Coal, 2010Natural GasGlobal Natural Gas ReservesTable 4-4: World’s Proved Reserves of Natural Gas, 2009Figure 4-8: World Natural Gas Reserves by Region, 2009 (Trillion Cubic Feet,Percent of Total)Global Natural Gas ConsumptionFigure 4-9: World Electricity Generation by Fuel Type, 2005, 2015 (Percent ofTotal)Figure 4-10: Global Natural Gas Consumption, 2005-2015 (Trillion cubic feet)Global Natural Gas ProductionFigure 4-11: World Natural Gas Production, 2009 (Trillion Cubic Feet)Regional Natural Gas Demand TrendsFigure 4-12: Share of Imported Natural Gas, 2005, 2010, 2015 (Percent)Table 4-5: Global Natural Gas Imports by Region and Type, 2008 (in billion cubicmeters)North AmericaEuropeAsiaCentral and South AmericaHistoric and Current LNG Market SizeFigure 4-13: Global LNG Trade Volume, 2005-2009 (Billion cubic meters)AsiaEuropeNorth AmericaFigure 4-14: Global LNG Trade Value, 2005-2009 (Billion USD)LNG Market ProjectionsFigure 4-15: Global LNG Liquefaction Capacity, 2005-2015 (Billion cubic metersper Annum)Figure 4-16: Global LNG Trade Volume, 2010-2015 (Billion cubic meters)Figure 4-17: Global LNG Trade Value, 2010-2015 (Billion USD)
  • 9. Chapter 5: Participant Profiles Overview Table 5-1: Description of Companies Profiled BP Table 5-2: BP Profile Corporate Background Product and Brand Portfolio Performance Figure 5-1: BP Revenues, 2005-2009 ($ billion) Company News Acquisitions and Divestitures Personnel Changes Citigroup Table 5-3: Citigroup Profile Corporate Background Product and Brand Portfolio Performance Figure 5-2: Citigroup Revenues, 2005-2009 ($ billion) Acquisitions and Divestitures Personnel Changes ConocoPhillips Table 5-4: ConocoPhillips Profile Corporate Background Product and Brand Portfolio Performance Figure 5-3: ConocoPhillips Revenues, 2005-2009 ($ billion) Acquisitions and Divestitures Personnel Changes Duke Energy Table 5-5: Duke Energy Profile Corporate Background Product and Brand Portfolio Performance Figure 5-4: Duke Energy Revenues, 2005-2009 ($ billion) Acquisitions and Divestitures Personnel Changes Foster Wheeler AG Table 5-6: Foster Wheeler AG Profile Corporate Background Product and Brand Portfolio Performance Figure 5-5: Foster Wheeler AG Revenues, 2005-2009 ($ billion) Acquisitions and Divestitures Personnel Changes General Electric Table 5-7: General Electric Profile
  • 10. Corporate Background Product and Brand Portfolio Performance Figure 5-6: General Electric Revenues, 2005-2009 ($ billion) Acquisitions and Divestitures Personnel Changes Royal Dutch Shell plc Table 5-8: Royal Dutch Shell plc Profile Corporate Background Product and Brand Portfolio Performance Figure 5-7: Royal Dutch Shell plc Revenues, 2005-2009 ($ billion) Acquisitions and Divestitures Personnel ChangesAvailable immediately for Online Download athttp://www.marketresearch.com/product/display.asp?productid=2610962US: 800.298.5699UK +44.207.256.3920Intl: +1.240.747.3093Fax: 240.747.3004

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