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LNG GLOBAL CONGRESS LONDON SEPTEMBER 2016 Jarl Pedersen, Chief Commercial Officer
LNG GLOBAL CONGRESS LONDONSEPTEMBER 2016Jarl Pedersen, Chief Commercial Officer
Mission: “Leverage Commerce to
Drive Prosperity”
Vision: “To Be the Energy Port of the
Americas
Mission: “Leverage Commerce to
Drive Prosperity”
Vision: “To Be the Energy Port of the
Americas
SHIPPING ADVANTAGES OF PORT CORPUS CHRISTI
• Blue Water Port• Straight and easy‐access ship channel
• Few low‐visibility days• Congestion is very rare
• Close to Eagle Ford and Permian Basin
CORPUS CHRISTI BAY AREA OVERVIEW
SUPERIOR CONNECTIONS TO GULF OF MEXICO DEEP WATER AND
INLAND TRANSIT VIA BARGE, THREE CLASS 1 RAIL, AND INTERSTATE
OXY ETHYLENE
KIEWIT
SHERWIN ALUMINA
OXY ENERGY INGLESIDE
TRAFIGURABUCKEYE
ELEMENTIS
AIR LIQUIDE
CELANESEBISHOP, TX
AEP TEXAS
LYONDELL BASELL
CITGO WEST
FLINT HILLS
MAGELLAN
GULF MARINEFABRICATORS
FLINT HILLS INGLESIDE
MARTIN MIDSTREAM
GULF COMPRESS TPCO
CHENIERE
VOESTALPINE
M&G
EMAS
PLAINS
CASTLETON
PLAINS
BTB REFINING
INTERSTATEGRAINPLAINS
CONDENSATE
EXCALIBUR
DUPONTVALERO
HALIBURTON
BAY
ADM GRAIN ELEVATOR SUPERIOR
WEIGHTING
MARKWEST JAVELINA
NUSTAR
FLINT HILLS EAST TEXAS
LEHIGH/ NORTHERN WHITESAND
TOPAZ POWER GROUP
CITGO EAST
PLAINS
$40 BILLION OF INVESTMENT
MAJOR INVESTMENTS – $ BILLIONS
NORTH AMERICAN SHALE PLAYS
Natural Gas Production Areas
NATURAL GAS PIPELINES
U.S. DEMAND VS. PRODUCTION CAPACITY
59
75
82
92
103
116
2010 2015 2020 2025 2030 2035
The U.S. holds vast natural gas resources recoverable at low prices Domestic demand cannot keep pace with supply growth
U.S. Demand High/Low Range
Productive Capacity at $4.55/MMBtuwellhead (2010‐2035 average)
~ 29 Bcf/d Surplus
ew Larger Locksdging of Channelsmprovements to Water Supply
OR FEATURES OF THE PANAMA CANAL EXPANSION
Courtesy of the Panama Canal Authority
NAMA CANAL LOCKS – BEFORE AND AFTER EXPANSION
nt Vessel Max:raftLOAeam
essel Max:raftLOAeam
MPACTS OF THE PANAMA CANAL EXPANSION
‐ Gradual impacts expected‐ More options for shippers; competition among carriers‐ Growing transshipment
opportunity‐ Infrastructure Demands on
Ports
OPPORTUNITIES & THE PANAMA CANAL
NEW CARGO OPPORTUNITIES
Current Panama Canal – 20% of World LNG Fleet
Expanded Panama Canal – 90% of World LNG Fleet
ANSIT TIMES OF TRADE ROUTES FROM US GULF COAST
HANNEL IMPROVEMENT PROJECT – OVERVIEW
$10 billionrst 2 trains to $20 billion ull build‐outith 5 trains
CHENIERE CORPUS CHRISTI LIQUEFACTION
RPUS CHRISTI LIQUEFACTION PROGRESS REPORT
As of July 2016• Total project has progressed to 39.5%
complete• Engineering has progressed to 98.7%
complete• Procurement has progresses to 55.5%
complete• Construction has progressed to 10.4%
complete
CHENIERE ENERGY GLOBAL CUSTOMERS
STABILIS ENERGY
LNG VALUE CHAIN
ort of Corpus Christi is l positioned to take ntage of new regional domestic LNG market developments
Transport by Barge
LNG Bunker Terminal
Ships and Tugs fueled by LNG
Transport by Rail
LNG Filling Terminal
Locomotives fueled by LNG
New markets are developing for LNG
cal Value Chain for supply to global marketsration & duction
Natural Gas
Pipeline
Liquefaction Facility
Transport by Tanker
Storage and Regasification
Terminal
Natural Gas Consumers
Transport by Truck
LNG Filling Station
Heavy Trucks fueled by LNG
GLOBAL NATURAL GAS CONSUMPTIONillion ubic eet
RLD INCREASE IN NATURAL GAS PRODUCTION, 2012‐40
rillion ubic eet
NATURAL GAS PRODUCTION BY TYPE 2012 & 2040
Billion Cubic Feet per Day
GLOBAL LNG TRADE BY CONTRACT TYPE, 2010 & 2040
Billion Cubic Feet per Day
OBAL LNG CAPACITY ADDITIONS BY COUNTRY, 2015‐19
Trillion Cubic Feet
D PROVED NATURAL GAS RESERVES BY REGION, 1980‐2016
LD PROVED NATURAL GAS RESERVES BY REGION AS OF 1/1/2016
n
T U.S. CRUDE OIL EXPORT SINCE LIFTING OF 40 YEAR BAN
Conoco Phillips produced Eagle Ford Crude which
Sailed from NuStar Dock at Port Corpus Christi
12.31.2015 to Trieste Italy and pipelined to Germany
