Liquefied Natural Gas - A Canadian Perspective - Energy Market Asssessment
An Energy Market Assessme nt FEBRUARY 2009
http://www.neb-one.gc.ca/clf-nsi/rnrgynfmtn/nrgyrprt/ntrlgs/lqfdntrlgscndnprspctv2009/lqfdntrlgscndnprspctv2009-eng.html#f3_2
http://www.neb-one.gc.ca/clf-nsi/rnrgynfmtn/nrgyrprt/ntrlgs/lqfdntrlgscndnprspctv2009/lqfdntrlgscndnprspctv2009-eng.pdf

Conversion Factors
1 m3 gas = 35.3 cubic feet of natural gas
1 m3 LNG = 21,824 cubic feet of natural gas
1 Tonne LNG = 47,257 cubic feet of natural gas

1 Figure 1.1 - LNG Share of World Natural Gas Market

Source: BP Statistical Review of World Energy

2 Figure 1.2 - Global Natural Gas Consumption and Outlook

Source: EIA International Energy Outlook 2008

3 Figure 1.3 - Natural Gas Balance in Major Consuming Markets

Source: BP Statistical Review of World Energy

4 Figure 2.1 - Estimated Natural Gas Reserves (2007)

Source: IEA 2008

5 Figure 2.2 - World Production and Consumption of Natural Gas (2007)

Source: BP Statistical Review of World Energy

6 Figure 2.3 - Growing Reliance on Natural Gas Imports

Source: EIA International Energy Outlook 2008

7 Figure 2.4 - World LNG Production

Source: BP Statistical Review of World Energy

8 Figure 2.5 - Major LNG Producing and Consuming Regions (2007) - 109m3

Source: BP Statistical Review of World Energy

9 Figure 2.6 - World LNG Markets

Source: BP Statistical Review of World Energy

10 Figure 2.7 - East-Asia Natural Gas Balance

* Predominately From China
Source: BP Statistical Review of World Energ

11 Figure 2.8 - East-Asia Seasonal LNG Requirement

Source: Various data sources

12 Figure 2.9 - LNG Supply to Japan

Source: Japan Ministry of Finance

13 Figure 2.10 - Natural Gas Production and Consumption in Major East-Asian Countries*

* Includes Japan, South Korea and China
Source: EIA International Energy Outlook 2008, September 2008

14 Figure 2.11 - European Natural Gas Production

Source: BP Statistical Review of World Energy

15 Figure 2.12 - European Natural Gas Balance

Source: BP Statistical Review of World Energy

16 Figure 2.13 - North American Natural Gas Balance

Source: BP Statistical Review of World Energy

17 Figure 2.14 - World Market Influence on U.S. LNG Imports

* Converted to US$/MMBtu from data derived from the InterContinental Exchange (ICE) and the Japan Ministry of Finance

18 Figure 2.15 - Global LNG Liquefaction and Regasification Outlook


19 Figure 2.16 - Global LNG Liquefaction Under Construction


20 Figure 2.17 - LNG Shipping Fleet

Source: Argus and NEB estimates

21 Figure 2.18 - Atlantic Basin LNG Development


22 Figure 2.19 - Asia-Pacific Basin LNG Development


23 Figure 2.20 - Middle East LNG Liquefaction


24 Figure 3.1 - North American Natural Gas Consumption and LNG Imports

Sources: Historical from BP, Projection from EIA International Outlook 2008 with adjustment from 2009 Annual Energy Outlook

25 Figure 3.2 - U.S. LNG Imports

Source: U.S. Department of Energy

26 Figure 3.3 - Natural Gas Production and Consumption in North America

Sources: EIA International Energy Outlook 2008 and Annual Energy Outlook 2009

27 Figure 3.4 - Natural Gas Production and Consumption in Europe

Source: EIA International Energy Outlook 2008

28 Figure 3.5 - U.S. LNG Imports and Atlantic Basin Competition

Sources: Intercontinental Exchange, U.S. Department of Energy

29 Figure 3.6 - Atlantic Basin LNG Supply and North American Imports

Source: NEB estimates

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31 Figure 4.2 - Illustrative Transportation Costs to Atlantic Basin Markets

Source: NEB

32 Figure 4.3 - New England Natural Gas Consumption and LNG Imports

Source: EIA

33 Figure 4.4 - Illustrative Transportation Costs to Asia-Pacific Basin Markets

Source: NEB

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