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2011

The LNG Industry

The LNG Industry in 2011


Edito
The most significant event to mark the LNG trade in 2011 has been the catastrophe that hit Japan in March, in view of both its short-term effect on shifting flows and its long-term demand prospects of LNG as a source for gas-fired power generation. The role of LNG as a flexible and secure energy source as well as the prompt response to provide back-up through additional supplies and cargo diversions to compensate for the sudden loss of nuclear capacity in Japan with sellers exercising due price restraint in view of the human tragedy has been a credit to the industry. The increase in production capacity in 2009 and 2010, in particular from Qatar, had permitted the necessary buffer to cope much better with the demand surge than during past disruptions (such as the aftermath of the Chuetsu earthquake in late 2007). Undoubtedly, the marked shift over the last decade in the industrys prevailing business model towards global trade, destination flexibility and portfolio play has also facilitated the rapid response. As the total volume of LNG trade is very much determined by the availability of supply, 2011 has seen a growth of 9.4% over 2010, mainly as a result of the full availability of the six Qatar mega-trains over the past year. On the demand side the two traditional basins have shown very contrasting trends: 15% higher LNG off-take in Asia (the five major markets all increasing between 37.4% and 8.9%), versus a 1.7% decrease in the Atlantic Basin. Cargo diversions and an increasing number of reloads have boosted the exports from the Atlantic Basin to Asia in 2011 to more than 14 million tons (equivalent to more than 200 large size cargoes). Remarkable is also the fast growth in new markets in Latin America and in the Middle East - albeit from a small base with counter-seasonal but varying demand, offering attractive arbitrage opportunities to portfolio play. Not surprising then that 2011 has seen another hike in spot and short-term trade , not just in absolute terms but also as a percentage of total trade (50% over 2010, 25.4% of total trade). The outlook for LNG is strong and its global demand prospects further enhanced in the wake of the nuclear issues, the emergence of new buyers and the decline of indigenous reserves of gas exporters. This has underpinned a growing investment confidence which in turn resulted in 5 FIDs (Final Investment Decisions) in 2011 for a total liquefaction capacity of 27 million tons p.a. An event of great commercial significance in this regard would undoubtedly be one, or more FIDs in North America in the near future. GIIGNL has completed in 2011 its 40th full year of activity after its foundation in December 1971 in Paris. Its membership has grown to 68 companies worldwide, comprising nearly all companies active in the import of LNG or the operation/ownership of LNG import terminals. In 2011 the commercial and technical study groups have continued their study programme on some 15 topics in total, including: > Development of Master Sales and Purchase Agreements and Master Voyage Charter Party (posted on the website) > Market assessment of small-scale LNG > Third update of the Custody Transfer Handbook (available from the website) > Emissions from import terminals > Third update of the incident study The last topic is part of the specific focus within the Group on safety, as the adherence to the highest standards and adequate information exchange in this domain is paramount to maintaining the excellent safety record within the industry, itself an absolute condition for its continued success.

Jean Vermeire President

68 Member Companies in 21
GIIGNL (International Group of Liquefied Natural Gas Importers) is a non-profit organisation whose objective is to promote the development of activities related to LNG: purchasing, importing, processing, transportation, handling, re-gasification and its various uses. The Group constitutes a forum for exchange of information and experience among its members to enhance safety, reliability and efficiency of LNG imports activities and the operation of LNG imports terminals in particular. Beginning with 19 member companies in 1971, GIIGNL has grown to 55 Full and 13 Associate members from 21 different countries around the world, grouped in three regions: Asia, Europe and the Americas.

AMERICAS - 11 members
BG Group Plc. Cheniere Energy, Inc. Chevron Global Gas El Paso Corporation Freeport LNG Development, L.P. GDF SUEZ GAS NA GNL Quintero S.A. Marathon Oil Repsol Energy Canada Sempra LNG YPF S.A.

countries
ASIA - 29 members
Chubu Electric Power Company, Inc. CNOOC Gas & Power Group CPC Corporation, Taiwan Gail India Limited Guangdong Dapeng LNG Company, Ltd. Gujarat State Petroleum Corp. Lt. (GSPC) Hiroshima Gas Company, Ltd. Itochu Corporation Korea Gas Corporation Kyushu Electric Power Company, Inc. LNG Japan Corporation Marubeni Corporation Mitsubishi Corporation Mitsui & Company, Ltd. Nippon Gas Company, Ltd. Osaka Gas Company, Ltd. Petronet LNG Limited Posco Saibu Gas Company, Ltd. Shikoku Electric Power Company Shizuoka Gas Company, Ltd. SK E&S Company, Ltd. Sumitomo Corporation The Chugoku Electric Power Company, Inc. The Kansai Electric Power Company, Inc. The Tokyo Electric Power Company, Inc. Toho Gas Company, Ltd. Tohoku Electric Power Company, Inc. Tokyo Gas Company, Ltd.

EUROPE - 28 members
BOTAS BP Global LNG Centrica LNG Company DEPA Distrigas S.A. Dragon LNG Limited E.ON Ruhrgas A.G. EDF Trading Limited Edison S.p.A. EDP Gas SGPS, S.A. Elengy S.A. Enagas Enel Trade Eni S.p.A. Fluxys LNG S.A. Gas Natural Fenosa Gate Terminal B.V. GDF SUEZ Iberdrola Generacion S.A.U. N.V. Nederlandse Gasunie National Grid Grain LNG, Ltd. O.M.V. Gas and Power GmbH Ren Atlntico, S.A. Shell Gas & Power International BV Sonatrach Gas Marketing UK Limited South Hook LNG Terminal Company, Ltd. Statoil ASA Total S.A.

Contents
LNG contracts and trade Contracts concluded in 2011 LNG imports - Sources of imports Quantities received in 2011 4 6 8

LNG tankers Ships delivered Tanker distribution Delivery dates of the LNG tankers

10 11 12 13

Liquefaction plants + tables Regasification plants + tables

15 20

Contracts in force in 2011 Sea transportation routes

27 31

2 - the LNG the LNG iNdustry GiiGNL / iNdustry

Key figures 2011

240.8 million tons


imported or an increase of +9.4% vs.2010

61.2 million tons


imported under spot or shortterm contracts or an increase of +50% vs.2010

31% 63%

of global LNG imports supplied from Qatar

of global LNG demand in Asia

exported from the Atlantic to the Pacific Basin At year-end: terminals

14.7 million tons

89 LNG regasification 25 countries 640 million tons p.a.


total capacity

24 liquefaction facilities 18 countries 278 million tons p.a.


total capacity
GiiGNL / the LNG iNdustry - 3

At year-end:

LNG Contracts and trade


in 2011, LNG trade grew by 49.4 106 m3 (20.7 Mt), a growth of 9.4% compared with 2010. As during the previous year, the main contribution to the increase of LNG flows came from Qatar, as the country was responsible for 67% of additional LNG produced in 2011. For the largest part, the remaining additional volumes produced in 2011 resulted from the build-up of the newly commissioned liquefaction facilities in Peru and in yemen. On the import side, LNG consumption in Asia continued to grow strongly (+14.8%), reaching a total of 153.0 Mt in 2011, i.e 63.6% of the worlds LNG trade. however, the Asian growth rate was reached in specific circumstances, considering the sharp increase in Japanese LNG demand which resulted from the loss of nuclear power generation capacity. Not surprisingly, at the end of 2011, Japan stands out as the worlds n1 LNG importer with 79.1 Mt, compared to 70.9 in 2010 (+11.6%). Japan accounted for 41.6% of Asias additional LNGs imports in 2011 and the countrys share of global LNG imports increased from 31.6% in 2010 to 32.8%. With LNG imports growing by 8.9% and total imports representing 35.6 Mt, Korea ranked second. its share of the global LNG market remained nevertheless unchanged at 14.8%. due among other factors to the lower than expected domestic production, india experienced Asias fastest growth rate in LNG demand (+37.4% over 2010), closely followed by China (+36.1%). As a result of economic recovery. taiwan also recorded a strong increase in LNG imports (+9.1%). in Asia, thailand became an LNG importer during the year, with 0.8 Mt imported through the newly commissioned Map-ta-Phut terminal during the year. After a sharp rebound in 2010 (+24.8%), european imports barely increased by a mere 0.4%, with Qatari LNG volumes into the uK representing the greatest part of additional LNG imported into europe. spanish LNG imports experienced the most remarkable decline (-16.3%), followed by turkey (-14.6%). the Netherlands joined the ranks of LNG importing countries with 0.6 Mt (8 cargoes) delivered at Gate terminal during the year. For the first time, the uK overtook spain as the worlds third largest LNG importer, with 18.4 Mt imported during the year, 87.5% of the volumes coming from Qatar. in North America, LNG imports into the u.s.A (net of re-exports) continued to decline (-25.1%), mainly due to the sustained high level of non-conventional domestic gas production. As a result of the low price environment in North America, LNG imports into Mexico also dropped, by 33.7%. re-exports of cargoes from the u.s.A jumped by 75.2%, reaching a total of 1.0 Mt (19 cargoes). in the short-term markets of south America, LNG demand continued to grow on average (+13.8%). With strong annual GdP growth rates, Argentina and Chile confirmed their current strong thirst for LNG, importing a combined 5.7 Mt during the year, i.e a 66% increase over 2010. however, due to a larger output from hydroelectric facilities in 2011, Brazilian LNG consumption dropped by 70.9%, contributing to maintain the global LNG market share of south America around a stagnant 2.6%. in newcomers Kuwait and dubai, LNG deliveries almost doubled in 2011, reaching a combined 3.7 Mt. 4 - GiiGNL / the LNG iNdustry Overall, the total market share of Asian LNG buyers grew to 63.6%, while europe and the Americas respectively recorded a 2.6% and 1.6% loss in market share to respectively 27% and 7.9%. On the export side, Qatar reinforced its leading position, supplying 31.3% of global LNG (75.4 Mt). With 10.3% of global LNG supplies, Malaysia re-gained its second rank over indonesia (9.1%) following the reduced output from Arun and the ramp-up of production from MLNG dua. With 18.7 Mt of additional LNG sold throughout the world, Qatar accounted for 67% of the global trade growth during the year, followed by Peru (9%) and yemen (9%). to a lesser extent, Malaysia, Nigeria and russia also contributed to the growth by increasing their production rates. For the first time and before the start-up of new Australian liquefaction projects, the Middle east (39.7% of global exports) overtook the Pacific Basin (36.5%) as the largest source for LNG. On the contrary and for the second year in a row, the Atlantic Basin recorded a decline in exported volumes (-4.8%), with negative production growth rates in all countries except Nigeria and equatorial Guinea. the decrease was particularly strong in Algeria (-1.7 Mt) due to transmission issues and to the decommissioning of GL4Z. After a 40% increase in 2010, spot and short-term LNG trade (defined as LNG traded under contracts with a duration of 4 years or less) recorded again a jump in 2011, this time by 50%, reaching 61.2 Mt (994 cargoes), i.e more than a quarter of the total LNG trade (25.4%).

As to the sourcing, one third of LNG volumes traded on a spot or short-term basis came from Qatar, followed by Nigeria (12%) and trinidad and tobago (11%). in 2011, Qatar exported 26.7% of its total production on a spot or short-term basis. in terms of inter-regional flows, it must be highlighted that spot and short-term volumes exported from the Atlantic Basin to Asia recorded a twofold increase in 2011, reaching 12.7 million tons. Asia attracted 60.9% of global spot and short-term volumes (37.3 Mt), compared with 43.6% (17.8 Mt) in 2010. this can primarily be explained by the increased LNG needs following the March 2011 events in Japan, where spot and short-term imports skyrocketed to 16.0 Mt (+123.5%) during the year, vs 7.2 Mt in 2010. in Korea, the annual volume of spot and short term LNG imports almost doubled, reaching 10.7 Mt (+96%). spot and short-term imports more than doubled in China and almost tripled in india, with both countries importing a combined 6.5 Mt of LNG under this type of contracts. On the contrary, europes spot and short-term LNG imports decreased by 7.8% (12.3 Mt). in the Americas, spot and short-term LNG trade recorded very strong growth rates in all countries except in the us and in Brazil, where it decreased by 32% and 71% respectively. A total of 44 cargoes were re-loaded during the year, compared with 19 cargoes in 2010. re-exported volumes were delivered to 13 countries, 14 cargoes being re-exported from the Atlantic Basin to Asia and 11 cargoes to south America (Argentina, Brazil, Chile).

At the end of the year, at least two cargoes re-exported from the u.s.A and one cargo re-exported from spain were still out at sea. they were delivered in January 2012 respectively in Brazil, in south Korea and in italy. One cargo delivered in Kuwait was a re-export from Brazil and was counted as LNG from Qatar in the present study. One cargo of indonesian LNG delivered in Mexico (Costa Azul) was re-exported to Chile (Quintero) under a swap agreement. the world trade involved 164 flows (i.e. country-to-country trades, excluding flows of re-exports) over 403 sea transportation routes (port-to-port routes). 117 routes were new and 100 ceased in 2011. in 2011, there were 37 new country-to-country flows: ABu-dhABi/ india - ALGeriA/Netherlands and Portugal - AustrALiA/india, Kuwait and taiwan - eGyPt/Argentina, China, Netherlands and Portugal iNdONesiA/Chile and thailand - NiGeriA/Argentina, usA, thailand and Netherlands - MALAysiA/india and dubai - NOrWAy/india, Japan, Korea, dominican republic, Netherlands and Portugal usA/China - OMAN/india - Peru/China, Japan, thailand and taiwan QAtAr/Greece, Netherlands and thailand - russiA/thailand triNidAd & tOBAGO/China and Netherlands - yeMeN/Japan. 16 flows disappeared: ABu-dhABi/Brazil, China - ALGeriA/Chile eGyPt/Mexico, Belgium - NOrWAy/Belgium and turkey - OMAN/ Kuwait - Peru/Brazil, Canada and Belgium - russiA/Kuwait triNidAd & tOBAGO/Portugal and yeMeN/Chile, Kuwait and spain.

GiiGNL / the LNG iNdustry - 5

Contracts concluded in 2011


Origin Export country/exporter Australia & BG Portfolio Australia (QCLNG/BG) Australia (Gorgon) Australia (APLNG) Australia (Wheatstone) Australia (Wheatstone) Australia (ichtys) Australia (ichtys) Australia (ichtys) Australia (ichtys) Long & medium term Sales Australia (ichtys) Australia (ichtys) Qatar (QAtArGAs) indonesia tOtAL Portfolio iBerdrOLA Portfolio usA (CheNiere) usA (CheNiere) usA (CheNiere) usA (CheNiere) indonesia Peru Peru Short term contracts (< 4 yrs) Qatar GdF sueZ Portfolio GdF sueZ Portfolio BG portfolio tokyo Gas Heads of Agreement (H.O.A) sheLL Portfolio sheLL Portfolio QAtAr/QAtArGAs Memorandum of understanding (M.O.U.) russiA/GAZPrOM russiA/GAZPrOM Purchaser Import country Japan Japan Japan Japan Japan Japan Japan Japan Japan Japan Japan Amount (mmtpa) 0.41(*) 1.2 0.3 1 3.1 0.7 1.05 1.05 0.8 0.3 0.8 0.9 Japan south Korea south Korea spain 0.2 0.7 2 0.38 3.5 3.5 3.5 3.5 south Korea thailand Japan uK Malaysia india india Japan south Korea taiwan Argentina india india 0.96 0.3 0.3 2.4 2.5 0.6 2.5 0.3 3.6 2 5.0 2.5 2.5 Duration (yrs) 21 20 15 20 20 20 15 15 15 15 15 15 6 13 18 10 20 20 20 20 1,5 1 0,5 3 3,5 1 20 16 23 20 20 25 25 up to 10 12 Extra years Start Delivery format d.e.s d.e.s d.e.s d.e.s ChuBu eLeCtriC tOKyO GAs Kyushu eLeCtriC KANsAi eLeCtriC the tokyo electric Power Co. Kyushu eLeCtriC the tokyo electric Power Co. tOKyO GAs KANsAi eLeCtriC Kyushu eLeCtriC OsAKA GAs tOtAL ChuBu eLeCtriC/shiZuOKA KOGAs KOGAs BP BG Group GAsNAturAL FeNOsA GAiL KOGAs (signed in Jan. 2012) KOGAs Ptt MitsuBishi Centrica PetrONAs PetrONet GsPC saibu Gas KOGAs CPC eNArsA PetrONet GsPC 2014 2015 2015 2016 2017 2017 2017 2017 2017 2017 2017 2017 2014 2015 2014 January 2012 2015 2015 2017 2017 Q3 2011 July 2011 december 2011 June 2011 2012 2012 2014 2014 2013 2016 2014 2016 2016 November 2011 2011 F.O.B F.O.B F.O.B F.O.B F.O.B F.O.B F.O.B d.e.s F.O.B d.e.s d.e.s F.O.B F.O.B F.O.B F.O.B d.e.s d.e.s d.e.s d.e.s d.e.s d.e.s d.e.s d.e.s d.e.s d.e.s

Agreements on re-gasification rights

eNArsA GN europe

Argentina France

1.8 0.7

0,4 10

(*) up to 122 cargoes over 21 years (i.e up to 8.4 million tonnes if a 70,000 tons capacity vessel is used).

6 - GiiGNL / the LNG iNdustry

Origin

Export country/exporter Belgium/Zeebrugge Belgium/Zeebrugge Belgium/Zeebrugge Belgium/Zeebrugge spain/Cartagena spain/Cartagena spain/huelva spain/huelva spain/Mugardos spain/Mugardos spain/Mugardos spain/Mugardos

Purchaser

Import country Japan Netherlands south Korea spain Argentina italy Argentina italy Argentina italy Kuwait taiwan Chile Brasil Brasil Chile China india india Japan south Korea south Korea spain spain united Kingdom

Number of cargoes 3 1 1 4 1 5 1 3 3 1 1 1 1 3 1 1 2 2 2 1 1 1 1 1 1

Duration (yrs) spot spot spot spot spot spot spot spot spot spot spot spot spot spot spot spot spot spot spot spot spot spot spot spot spot

Extra years

Start

Delivery format

2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011

Re-export of cargoes

Mexico/eCA usA/sabine Pass usA/Freeport usA/sabine Pass usA/sabine Pass usA/Freeport usA/sabine Pass usA/Cameron usA/Freeport usA/sabine Pass usA/Cameron usA/sabine Pass usA/sabine Pass

GiiGNL / the LNG iNdustry - 7

LNG Trade
In 2011, the world LNG trade accounted for 532.35 106 m3 in liquid form (1) or 240.8 106 t, as shown in the following table:

LNG iMPOrts
106 m3 liquid Belgium France Greece italy Netherlands Portugal spain turkey u.K. Europe Argentina Brazil Chile dominican rep Mexico Puerto rico Canada usA Americas China india Japan Korea tawan thailand Asia Kuwait dubai Middle East 9.03 23.37 2.03 13.89 1.29 4.74 38.51 10.63 40.77 144.26 6.71 1.38 6.32 1.60 6.29 1.52 5.50 13.82 43.14 28.77 27.34 173.16 78.82 26.93 1.78 336.81 5.73 2.41 8.14 106 t 4.08 10.53 0.91 6.27 0.58 2.14 17.25 4.80 18.42 64.99 2.93 0.61 2.78 0.69 2.84 0.65 2.45 6.14 19.08 13.06 12.33 79.09 35.55 12.20 0.80 153.03 2.60 1.08 3.69 109 m3 (n) gaseous 5.16 13.39 1.16 7.95 0.74 2.71 22.11 6.09 23.30 82.62 3.89 0.80 3.66 0.93 3.60 0.88 3.16 7.96 24.87 16.41 15.64 98.48 45.05 15.38 1.02 191.98 3.27 1.38 4.65 share (%) 1.7 4.4 0.4 2.6 0.2 0.9 7.2 2.0 7.7 27.0 1.2 0.3 1.2 0.3 1.2 0.3 1.0 2.5 7.9 5.4 5.1 32.8 14.8 5.1 0.3 63.6 1.1 0.5 1.5 Var. 2010 / 2011 (%) -7.2 1.2 25.8 -5.8 N/A -0.7 -16.3 -14.6 29.8 0.4 130.0 -71.2 27.9 11.1 -33.7 21.4 166.4 -25.1 -5.0 36.1 37.4 11.6 8.9 9.1 N/A 14.8 30.6 952.2 75.9

sOurCe OF iMPOrts
106 m3 liquid Algeria egypt equatorial Guinea Lybia Nigeria Norway trinidad & tobago Atlantic Basin Abu dhabi Oman Qatar yemen Middle East Australia Brunei usA indonesia Malaysia Peru russia Pacific Basin 27.55 14.62 8.97 0.13 41.84 5.61 30.11 128.82 12.46 17.70 166.37 14.39 210.91 42.07 15.34 0.76 48.87 54.02 8.11 23.43 192.61 106 t 12.48 6.33 3.95 0.06 18.91 2.51 12.98 57.22 5.82 8.09 75.36 6.36 95.63 19.52 7.09 0.32 21.88 24.90 3.70 10.57 87.98 109 m3 (n) gaseous 15.78 8.53 5.19 00.7 23.89 3.22 17.52 74.21 7.05 10.05 95.00 8.30 120.40 23.77 8.65 0.44 27.97 30.63 4.70 13.38 109.54 share (%) 5.2 2.6 1.6 0.0 7.9 1.0 5.4 23.8 2.4 3.4 31.3 2.6 39.7 8.1 2.9 0.1 9.1 10.3 1.5 4.4 36.5 Var. 2010 / 2011 (%) -12.2 -5.8 8.6 -76.9 5.1 -28.2 -5.7 -4.8 -3.9 -9.2 32.9 59.6 26.4 1.2 6.6 -44.0 -6.9 6.0 205.5 8.7 4.2

Total

532.35

240.80

304.11

100.0

9.4

Total

532.35

240.80

304.11

100.0

QuANtities (iN 106 t) reCeiVed iN 2011 By the iMPOrtiNG COuNtries FrOM the exPOrtiNG COuNtries
Algeria Belgium egypt Belgium France Greece italy Netherlands Portugal spain turkey u.K. Europe Argentina Brazil Chile domin rep Mexico Puerto rico Canada u.s.A. Americas China india Japan Korea taiwan thailand Asia Kuwait dubai Middle East Total exports
( )

equ. Guin. 1.0 1.0 0.1 1.5 0.7 0.6 2.9 3.9

Libya 0.1 0.1 0.1

Nigeria Norway 0.1 2.6 0.1 0.1 1.9 4.9 1.0 0.9 11.4 0.3 0.1 0.8 0.0 1.3 0.7 1.1 2.0 1.1 0.7 0.1 5.6 0.6 0.1 0.7 18.9 0.3 0.1 0.1 0.1 0.9 0.3 1.7 0.1 0.3 0.4 0.1 0.2 0.1 0.4 2.5

Peru 1.4 1.4 0.5 0.3 0.8 0.1 0.3 0.7 0.1 0.2 1.5 3.7

spain 0.2 (0.4) (*) (0.3) 0.1 0.1 0.1 0.1 0.1 0.1 -

trinidad Abu & tobago dhabi 0.1 0.3 0.0 0.1 0.1 1.7 0.4 2.7 2.1 0.2 0.8 0.6 0.7 0.8 2.6 7.7 0.3 0.4 0.3 1.4 0.1 2.4 0.2 0.2 13.0 0.1 5.6 0.1 5.8 0.1 0.1 5.8

Oman 0.1 0.1 0.1 3.8 3.9 0.1 8.0 8.1

Qatar 4.2 2.4 0.1 4.4 0.2 0.1 3.6 0.4 16.1 31.7 0.3 0.2 0.4 1.3 1.6 1.9 5.8 2.4 9.4 11.9 7.8 4.1 0.3 35.9 1.3 0.7 2.0 75.4

yemen Australia Brunei 0.3 0.1 0.5 0.8 0.3 0.1 1.2 1.7 0.7 0.1 0.1 2.7 0.1 3.8 6.4 3.7 0.1 14.1 1.1 0.3 19.3 0.2 0.1 0.3 19.5 6.4 0.7 7.1 7.1

usA 0.1 0.1 0.2 0.2 0.1 (1.0) (*) (0.8) 0.1 0.2 0.4 0.1 0.8 0.3

Total indonesia Malaysia russia Imports 0.1 0.1 0.2 2.6 9.2 7.9 1.9 0.1 21.7 21.9 1.8 0.1 15.2 4.0 3.4 24.5 0.3 0.1 0.4 24.9 0.3 7.1 2.9 0.2 0.1 10.6 10.6 4.1 10.5 0.9 6.3 0.6 2.1 17.2 4.8 18.4 65.0 2.9 0.6 2.8 0.7 2.8 0.7 2.4 6.1 19.1 13.1 12.3 79.1 35.6 12.2 0.8 153.0 2.6 1.1 3.7 240.8

4.2 0.6 1.2 0.1 0.1 2.9 3.0 0.2 12.2 0.2 0.1 0.2 12.5

(0.5) (*) 0.1 0.2 (0.2) 0.2 0.1 0.2 -

0.6 0.1 0.3 0.1 0.1 1.7 0.3 0.1 3.2 0.1 0.1 0.7 0.8 0.2 0.5 0.7 0.4 0.5 2.3 0.1 0.1 6.3

* re-exports.

8 - GiiGNL / the LNG iNdustry

sPOt ANd shOrt-terM QuANtities (103 t) reCeiVed iN 2011 By the iMPOrtiNG COuNtries FrOM the exPOrtiNG COuNtries
Algeria Belgium egypt equ. Guin. 185 185 127 925 726 500 2 277 2 462 Libya Nigeria Norway Peru Abu spain trinidad dhabi & tobago 55 178 19 53 342 59 706 2 090 161 279 111 1 034 3 675 324 373 104 1 361 54 2 216 114 114 6 712 91 752 60 903 60 60 962 Oman Qatar yemen Australia Brunei usA Total indonesia Malaysia russia Imports 1 607 3 057 69 4 734 4 734 180 121 498 61 860 335 60 395 1 255 127 1 091 1 140 186 2 543 389 1 226 456 250 517 144 4 142 752 4 462 12 337 2 930 605 635 55 647 111 1 642 1 982 8 609 2 244 4 151 15 955 10 663 3 509 742 37 265 2 605 391 2 996

Belgium France Greece italy Netherlands Portugal spain turkey u.K. Europe Argentina Brazil Chile domin rep Mexico Puerto rico Canada u.s.A. Americas China india Japan Korea taiwan thailand Asia Kuwait dubai Middle East Total exports
( )

(504) (*) 94 149 30 55 63 28 548 202 176 1 079 (238) 183 58 184 55 241 238 1 320 -

57 59 53 57 355 317 57 955 56 56 178 290 117 476 716 117 481 1 907 63 63 3 215

86 58 909 231 1 285 325 56 49 430 700 818 1 608 1 057 598 122 4 904 639 61 700 7 319

126 58 59 423 202 868 55 55 62 117 122 301 1 224

162 1 394 (417) (*) 1 394 (255) 145 466 348 813 145 144 335 692 60 53 229 1 460 53 57 57 3 667 -

126 887 67 125 1 205 -

568 651 143 235 271 434 3 372 5 674 314 216 64 181 1 642 1 229 3 646 187 1 484 5 657 946 868 321 9 462 1 252 95 1 347

269 120 253 643 122 122 196 109 128 944 128 1 506 -

63 937 396 213 1 609 199 61 260 1 869

116 112 228 172 52 (978) (*) (753) 143 244 352 106 845 320

1 205 20 129 2 271

2 543 61 206

* re-exports.

Spot and short-term LNG trade development since 2000


103t 70 000 60 000 50 000 40 000 30 000 20 000 10 000
0

Spot and Short-Term LNG Trade & Share of Total LNG Trade since 2000
mmtpa 70 % 30 25 spot LNG trade (mmtpa) % of total LNG trade (right axis) 20 15 30 20 10 0 30 5 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

total exports Middleeast/Africa/europe Americas Australasia

60 50 40

2000

2001 2002

2003

2004 2005

2006 2007

2008

2009 2010

2011

Note: short-term trade denotes trades under contracts of a duration of 4 years or less.

GiiGNL / the LNG iNdustry - 9

LNG tankers
The world LNG tanker fleet consisted of 359 vessels at the end of 2011.
in 2011, high demand in Asian markets combined with the absence of significant additional capacity led to a tighter LNG shipping market and to an escalation of spot charter rates. 16 ships were added to the world LNG tanker fleet during the year (compared with 25 in 2010), leading to an additional capacity of 1.8 106 m3, i.e an average capacity of 114 000 m3 per tanker. the order book was up from 20 at the end of 2010 to 59 at the end of 2011, but 53 of the ships ordered will not come into service before 2013. Four ships were sold to be scrapped in 2011: - Bekulan (Mark i, 75 000 m3, delivered in 1973) - Belais (Mark i, 75 000 m3, delivered in 1974) - Bekalang (Mark i, 75 000 m3, delivered in 1973) - tellier (Mark i, 40 100 m3, delivered in 1974) One methane tanker is being converted into a Fsru: - Fsru toscana (start-up planned for Q4 2012) two ships are being converted into Fsus: - tenaga empat (130 000 m3, delivered in 1981) - tenaga satu (130 000 m3, delivered in 1982) 59 orders were placed for new ships: 54 using the membrane technique, 3 using the MOss technique and 2 using the cylinders technique.

LAid-uP shiPs iN 2011


Name echigo Maru Galeomma Gandria hilli Capacity 125 800 126 450 125 800 126 200 125 200 132 600 41 000 129 400 130 000 130 000 130 000 125 900 125 900 Delivery date 1983 1978 1977 1975 1984 1984 1969 1977 1981 1981 1981 1985 1984 Containment Moss Mark i Moss Moss Moss NO 88 esso NO 85 NO 88 NO 88 NO 88 Moss Moss

4110 voyages completed in 2011 1 438 563 1 109 346 198 195 194 11 39 17

Koto LNG Bonny LNG Palmaria sunrise tenaga dua tenaga Lima tenaga tiga Wakaba Maru Wilgas

to Japan (1 356 in 2010) to Korea (519 in 2010) to europe (1 194 in 2010) to the united states, Puerto rico, the dominican republic, Mexico, Argentina, Brazil, Chile and Canada (379 in 2010) to taiwan (180 in 2010) to india (142 in 2010) to China (145 in 2010) to thailand to Kuwait (33 in 2010) to dubai (3 in 2010)

TOTAL

1 574 250

total shipping capacity in operation throughout the year 2011 was 51.9 106 m3 (with an average capacity per carrier of about 145 000 m3), while total shipping capacity available on the market at the year-end reached 53.5 106 m3, including some 1.8 106 m3 of additional capacity from new ships delivered during the year. in all, 4110 loaded voyages were completed in 2011, compared to 3 951 in 2010. due to a higher utilization rate of large size carriers and of Q-series, the average delivery volume reached 130 000 m3 in 2011, compared with 122 000 m3 in 2010.

10 - GiiGNL / the LNG iNdustry

16 ships delivered in 2011


MeMBrANe teChNOLOGy (10)
Official Delivery Date 02/18/2011 05/27/2011 05/31/2011 08/01/2011 08/30/2011 09/30/2011 10/04/2011 10/31/2011 11/01/2011 12/01/2011 Ship name Arkat stena Crystal sky stena Clear sky Amali soyo Malanje sonangol sambizanga Lobito sonangol etosha sonangol Benguela Capacity (m3) 147 000 173 400 173 400 147 000 160 400 160 400 160 500 160 400 160 500 160 500 Shipowner Brunei Government 80% Mitsubishi 10% shell 10% stena 100% stena 100% Brunei Government 80% Mitsubishi 10% shell 10% Mitsui (MBK) 34 % NyK 34% teekay 32% Mitsui (MBK) 34 % NyK 34% teekay 32% sonangol 100% Mitsui (MBK) 34% NyK 34% teekay 32% sonangol 100% sonangol 100% Shipbuilder dsMe dsMe dsMe dsMe shi shi dsMe shi dsMe dsMe Cargo System NO 96 NO 96 NO 96 NO 96 Mark iii Mark iii NO 96 Mark iii NO 96 NO 96 Hull number dsMe 2273 dsMe 2268 dsMe 2278 dsMe 2277 shi 1810 shi 1811 dsMe 2280 shi 1812 dsMe 2281 dsMe 2282

MOss teChNOLOGy (1)


Official Delivery Date 08/31/2011 Ship name energy horizon Capacity (m3) 177 000 Shipowner NyK Line 90% tokyo LNG tanker 10% Shipbuilder KsC Cargo System Moss Hull number KsC 1664

CyLiNders teChNOLOGy (5)


Delivery Date Ship name Capacity (m3) Shipowner Shipbuilder Cargo System Hull number

01/10/2011 06/30/2011

Norgas invention Norgas unikum

10 000 12 000

iM skaugen 50% GAtx 50% teekay 100% Bahrain Oil & Gas holding Company 35% iMs Marine services 35% suffun Bahrain 30% shinwa Chemical tanker 100% iM skaugen 50% GAtx 50%

taizhou skaugen Wuzhou dingheng Jiangsu

Cylinders Cylinders

WZL0603 dJ 2007-001

10/28/2011

Bahrain Vision

12 000

dingheng Jiangsu

Cylinders

dJ 2007-002

10/31/2011 10/31/2011
source: Gtt.

Akebono Maru Norgas Conception

3 500 10 000

Khi taizhou skaugen Wuzhou

Cylinders Cylinders

Khi 1682 WZL0604

GiiGNL / the LNG iNdustry - 11

tanker distribution
The vessels can be classified as follows (at the end of 2011):
According to containment system
245

According to the delivery date or the age of the ships


190

104 10

Moss rosenberg

Gaz transport & technigaz

Others

According to cargo capacity


282 63

43 30 20 13 4 17 43 6 7

25 000

50 000

90 000

170 000

Volume (m3)

10

15

20

25

30

Age (years)

LNG Characteristics (2011 update)


The average composition is chosen as being representative among compositions reported by the different receiving terminals.
Origin Nitrogen Methane - N2 - C1 0,0 0,1 0,6 0,6 0,7 0,0 0,0 0,0 0,0 0,1 0,0 0,1 0,6 0,1 0,0 0,5 0,2 0,6 0,3 0,1 0,2 0,0 0,0 87,3 87,6 90,4 89,5 88,9 90,1 95,3 97,3 93,4 91,9 90,1 96,9 82,6 91,7 91,7 92,0 90,7 89,1 90,9 92,5 99,7 96,8 93,2 Ethane - C2 8,3 10,0 7,4 8,2 8,4 5,3 3,6 2,5 6,5 5,7 5,5 2,4 12,6 4,6 5,5 5,7 5,8 10,3 6,4 4,5 0,1 2,8 5,9 Propane - C3 3,3 2,0 0,6 1,3 1,6 3,0 0,7 0,1 0,1 1,6 3,0 0,4 3,6 2,6 2,2 1,3 2,1 0,1 1,7 2,0 0,0 0,4 0,8 C4+ Total Expansion LNG Density (1) Gas Density (2) ratio m3(n)/ kg/m3 kg/m3(n) m3 liq 467 461 447 455 457 462 437 429 440 451 461 431 479 454 452 448 457 452 453 451 421 431 442 0,831 0,812 0,776 0,795 0,801 0,818 0,756 0,737 0,760 0,789 0,816 0,742 0,858 0,798 0,791 0,782 0,805 0,787 0,795 0,789 0,719 0,741 0,767 562 568 576 572 570 564 578 582 579 571 565 581 558 569 571 574 568 547 571 571 586 582 577 Gas GCV (2) MJ/m3(n) 45,3 44,4 42,3 43,2 43,5 44,7 41,8 40,9 42,0 43,3 44,6 41,0 46,2 43,7 43,4 42,7 44,0 42,9 43,4 43,3 39,9 41,1 42,3 Wobbe Index (2) MJ/m3(n) 56,5 56,0 54,6 55,1 55,2 56,2 54,6 54,1 54,7 55,4 56,2 54,1 56,8 55,6 55,5 54,9 55,7 55,0 55,4 55,4 53,5 54,2 54,9

Australia -NWs Australia - darwin Algria - skikda Algeria - Bethioua Algeria - Arzew Brunei egypt - idku egypt - damietta equatorial Guinea indonesia -Arun indonesia - Badak indonesia - tangguh Libya Malaysia Nigeria Norway Oman Peru Qatar russia - sakhalin usA - Alaska trinidad yemen

1,0 0,3 0,1 0,3 0,4 1,5 0,3 0,1 0,0 0,8 1,4 0,2 0,7 0,9 0,6 0,4 1,2 0,0 0,7 1,0 0,0 0,1 0,1

100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100

(1) Calculated according to isO 6578 [t = -160C]. (2) Calculated according to isO 6976 [0C / 0C, 1.01325 bar].

12 - GiiGNL / the LNG iNdustry

delivery dates of the LNG tankers


1969
SCF Arctic
(ex Methane Arctic)

1979
Bachir Chihani LNG Libra LNG Taurus LNG Virgo Matthew
(ex Gamma)

1993
Aman Bintulu Arctic Spirit
(ex Arctic Sun)

1999
Al Bidda Doha Hanjin Muscat Hyundai Technopia SK Summit

Golar Arctic
(ex Granatina)

SCF Polar
(ex Methane Arctic)

1970
LNG Elba

LNG Flora NW Sandpiper Polar Spirit


(ex Polar Eagle)

LNG Bayelsa Methane Princess Pacific Notus Puteri Nilam Satu SK Sunrise

1980
LNG Abuja
(ex Louisiana)

2000 1994
Al Khaznah Dwiputra Hyundai Utopia LNG Vesta NW Stormpetrel Puteri Intan Shahamah YK Sovereign Al Jasra Golar Mazoa Hanjin Ras Laffan Hanjin Sur Hyundai Aquapia Hyundai Cosmopia Hyundai Oceanpia K Acacia K Freesia LNG Jamal SK Splendor SK Stellar SK Supreme Surya Satsuma

2004
Berge Arzew Bilbao Knutsen Cadiz Knutsen Disha Dukhan Fuwairit Galicia Spirit Gemmata Golar Winter Lala Fatma NSoumer LNG Akwa Ibom LNG River Orashi Madrid Spirit Maersk Ras Laffan Methane Kari Elin Muscat LNG NW Swan Puteri Firus Satu Puteri Zamrud Satu Raahi

1972
Bebatik

LNG Edo
(ex Lake Charles)

Mourad Didouche

1973
Norman Lady

1981
Golar Spirit Ramdane Abane Tenaga Empat

1975
Annabella Belanak Bilis Bubuk Isabella

1995
Ghasha Hanjin Pyeong-Taek Ish Puteri Delima Puteri Nilam

1982
Tenaga Satu

2001
Sohar LNG
(ex Lakshimi)

1976
Gimi Mostefa Ben Boulad

1983
Banshu Maru Bishu Maru

1996
Al Zubarah Hyundai Greenpia Mraweh Mubaraz Puteri Zamrud Surya Aki

2002
Abadi British Trader Excalibur Galea Gallina Hispania Spirit
(ex Fernando Tapias)

1984 1977
Golar Freeze Khannur Larbi Ben MHidi LNG Aquarius LNG Aries LNG Lagos
(ex Gastor)

LNG Finima Senshu Maru

2005
Al Deebel Al Thakhira Energy Advance Excellence Excelsior Gracilis
(ex Golar Viking)

1989
Ekaputra NW Sanderling NW Swallow NW Swift

1997
Al Hamra Al Khor Al Rayyan Al Wajbah Aman Sendai LNG Portovenere Puteri Firus Umm Al Ashtan

LNG Port Harcourt

LNG Rivers LNG Sokoto Puteri Delima Satu Puteri Intan Satu

Grandis
(ex Golar Mist)

1978
LNG Capricorn LNG Delta
(ex Southern)

1990
NW Snipe

2003
BW Suez Boston
(ex Berge Boston)

LNG Gemini LNG Leo Methania

1991
NW Shearwater

1998
Al Wakrah Aman Hakata Broog LNG Lerici Zekreet

British Innovator British Merchant BW Suez Everett


(ex Berge Everett)

1992
NW Seaeagle

Castillo de Villalba Catalunya Spirit


(ex Inigo Tapias)

Energy Frontier Excel

LNG Adamawa LNG Cross River LNG Enugu LNG Pioneer Lusail Maran Gas Asclepius Nizwa LNG Puteri Mutiara Satu Salalah LNG Seri Alam Umm Bab

GiiGNL / the LNG iNdustry - 13

delivery dates of the LNG tankers (contd.)

2006
Al Marrouna Arctic Discoverer Arctic Lady Arctic Princess Arctic Voyager Bluesky Energy Progress Excelerate GDF SUEZ Global Energy
(ex Gaz de France Energy)

Golar Maria
(ex Granosa)

Iberica Knutsen Ibra LNG Ibri LNG LNG Benue LNG Berge Oyo LNG Dream LNG Lokoja LNG River Niger Maersk Qatar Methane Jane Elizabeth Methane Lydon Volney Methane Rita Andrea Pacific Eurus Provalys Seri Amanah Seri Anggun Seri Angkasa Simaisma

Cheikh El Mokrani Clean Energy Clean Power Duhail Ejnan Gaselys Grace Acacia Grace Barleria Grand Elena LNG Borno LNG Kano LNG Ogun LNG Ondo Maran Gas Coronis Methane Alison Victoria Methane Heather Sally Methane Nile Eagle Methane Shirley Elisabeth Neo Energy Neva River
(ex. Celestine River)

Seri Ayu Seri Bakti Seri Begawan Sestao Knutsen Sun Arrows Tembek

2008
Al Aamniya Al Ghuwairiya Al Hamla Al Huwaila Al Kharsaah Al Khuwair Al Oraiq Al Sahla Al Shamal Al Thumama Al Utouriya Alto Acrux British Diamond

2007
Al Areesh Al Daayen Al Gattara Al Gharrafa Al Ghariya Al Jassasiya Al Ruwais Al Safliya British Emerald

British Ruby British Sapphire Bu Samra Cheikh Bouamara Clean Force Dapeng Moon Dapeng Sun Ebisu Energy Navigator Explorer Fraiha Grace Cosmos Grand Aniva Grand Mereya Hyundai Ecopia K Jasmine K Mugungwha LNG Barka LNG Imo Maersk Arwa Maersk Marib Maersk Methane Mozah Murwab Seri Balhaf Seri Bijaksana STX Colt Tangguh Batur Tangguh Foja Tangguh Hiri Tangguh Jaya Tangguh Towuti Trinity Arrow Umm Al Amad Umm Slal

Al Mafyar Al Mayeda Al Nuaman Al Rekayyat Al Sadd Al Samriya Al Sheehaniya Aseem Ben Badis BW GDF SUEZ Brussels BW GDF SUEZ Paris Cygnus Passage Dapeng Star Energy Confidence Express Exquisite GDF SUEZ Neptune Lijmiliya LNG Jupiter Maersk Magellan Mekaines Mesaimeer Min Lu Min Rong Onaiza Pacific Enlighten Seri Balqis Shagra Taitar n 1 Taitar n2 Tangguh Palung Tangguh Sago Trinity Glory Woodside Donaldson

Gas Log Savannah Gas Log Singapore GDF SUEZ Cape Ann GDF SUEZ Point Fortin Maersk Meridian Methane Becki Anne Methane Julia Louise Methane Mickie Harper Methane Patricia Camila Norgas Creation Norgas Innovation Rasheeda Ribera del Duero Knutsen Sevilla Knutsen STX Frontier Taitar N3 Taitar N4 Valencia Knutsen Zarga

2011
Akebono Maru Amali Arkat Bahrain Vision Energy Horizon Lobito Malanje Norgas Conception Norgas Invention Norgas Unikum Sonangol Benguela Sonangol Etosha Sonangol Sambizanga Soyo Stena ClearSky Stena CrystalSky

2009
Abdel Kader Al Dafna Al Ghashamiya Al Kharaana Al Kharaitiyat Al Khattiya

2010
Aamira Al Bahiya Barcelona Knutsen Castillo de Santisteban Exemplar Expedient

14 - GiiGNL / the LNG iNdustry

Liquefaction plants
There were 24 LNG liquefaction facilities in operation in eighteen countries at the end of 2011. One single train was commissioned in 2011: Train 4 at Qatargas IV. The aggregate nominal capacity of all liquefaction plants amounted to 609.6 106 m3 of LNG per year (278 mmtpa) for 92 liquefaction trains. Total storage capacity remained stable, with 9.2 106 m3 of LNG for 88 storage tanks, representing the equivalent of about six days of consumption. In 2011, several FIDs were taken on Australian projects: Gladstone in January, Prelude LNG in May, Australia-Pacific LNG in June, Wheatstone LNG in October. The only non-Australian project to reach FID in 2011 was Donggi-Senoro in Indonesia. All these projects will provide an additional LNG production capacity of 26.8 mmtpa.

Asia
sakhalin ii - sakhalin energy investment Co. Mina Al Ahmadiexcelerate / KNPC ras Laffan - Qatargas das island - Adgas dubai - dusup Qalhat - OLNG ras Laffan - rasgas Balhaf - yemen LNG Lumut - Brunei LNG sdn Bhd Blang Lancang - Pt Arun LNG Co. Bintulu - Malaysia LNG sdn Bhd tangguh - BP darwin - ConocoPhillips Withnell Bay - Woodside Offshore Petroleum Bontang - Pt Badak NGL Co. in-Chon - Kogas Jiangsu rudong LNG - Petrochina dahej - Petronet LNG Fujian - Fujian LNG dalian - Petrochina Pyeong-taek - Kogas tong-yeong - Kogas Gwangyang - Posco shanghai - CNOOC taichung - CPC yung-An - CPC hazira - shG Map ta Phut - Ptt

Guangdong - dapeng LNG Co.

Liquefaction plants Regasification plants

New projects/extensions of existing plants


Algeria in Algeria, sonatrach decommissioned Arzew GL4Z (Camel) at the end of 2010, which reduced Algerian LNG production capacity by 0.9 mmtpa. At the end of 2011, Arzew facilities included two existing plants (6 x 1.3 mmtpa trains on one plant and 6 x 1.4 mmtpa trains on the other) for a total capacity of 16.2 mmtpa. decommissioned capacities will be replaced by a new train in Gassi touil (Arzew GL3Z). With a capacity of 4.7 mmtpa, GL3Z could be operational by the end of 2013. Australia Pluto LNG: at the end of 2011, the first train (4.3 mmtpa) had been completed and first production is expected first half of 2012; Woodside is securing gas for additional trains to reach Fid. Queensland Curtis LNG: the first coal bed methane-to-LNG project is now under construction. the project will be composed of two trains (2 x 4.25 mmtpa) and should come on line in 2015. BG (90%) - with partner CNOOC (10%) - is considering extension up to 12 mmtpa. LNG sales will be delivered to the Asian-Pacific zone and to Chile. in addition, several projects made significant progress in 2011: four Fids were taken and many developments are still under consideration, which could progressively increase Australias output from about 19.5 mmtpa in 2011 to a target of 100 mmtpa by the end of the decade. Gladstone LNG: partners santos (30%), Petronas (27.5%), total (27.5%) and Kogas (15%) took Fid in January for the 2 x 3.9 mmtpa project. Gas supply will come from Queenslands coal bed methane fields and from Cooper Basins conventional gas fields. start-up is expected in 2015. Prelude LNG: Fid for this first floating LNG project (3.6 mmtpa) was taken by shell as 100% owner in May 2011. inpex joined shell in March 2012 by acquiring 17.5% of the shares in the project. total cost is around $ 12 bn. the project is planned to be operational around 2017-2018 and most of the sales will be made through shells portfolio.

Angola in Angola, the first 5.2 mmtpa train of Angola LNG was still under construction at year-end 2011. it is expected to start-up production in the second half of 2012. When operational, Angola will become the 19th LNG exporting country. initially expected to supply the us market, Angola LNG has set up a joint-venture in order to market volumes in other markets given the low price conditions in North America.

GiiGNL / the LNG iNdustry - 15

Liquefaction plants (contd.)

Australia Pacific LNG: Project partners Origin, Conoco-Philips (42.5% each) and Chinese company sinopec (15 %) took Fid for the first train (4.5 mmtpa) in July 2011. the project is expected to come on line in 2016. After Queensland Curtis (QCLNG) and Gladstone, APLNG is the third Coalbed Methane-based LNG plant in Australia. Wheatstone LNG: Fid was reached in september for this two train facility (2 x 4.45 mmtpa). Chevron (72.14%) is joined by several partners including Apache (13%), Kuwait Petroleum (7%), shell (6.4%) and Kyushu electric (1.46%). Most of the LNG will be sold under Lt agreements with Japanese customers (sPAs were finalised with tePCO and Kyushu electric). Ichtys LNG: after finalising sPAs in late 2011, inpex and total took Fid on the 8.4 mmtpa ichtys LNG project located in the North West of Australia in January 2012. Construction will probably start in Q2 2012, and first production is expected by the end of 2016. Around 70% of the volumes will be sent to Japan (tePCO, tokyo Gas, Osaka Gas, toho Gas, Chubu electric, Kyushu electric & Kansai electric). Gorgon LNG: initially expected to come on line in 2014, the 3x5 mmtpa project will probably be delayed until 2015. Owned by Chevron (47.3%), shell (25%), exxon Mobil (25%), Osaka Gas (1.3%), tokyo Gas (1%) and Chubu (0.4%), Gorgon will mostly supply Asian markets under Lt contracts but also spot markets. Canada in British Columbia, the 5 mmtpa Kitimat export project will be fed from shale gas plays. Led by Apache (40%), eOG resources (30%) and encana (30%), the partnership is facing high costs of transmission of gas feed to the plant. in addition, sales agreements may take some time to be reached, since sellers are seeking oil-linked prices whereas potential buyers may favour hub-based prices (AeCO or henry hub). Partners plan to reach Fid by 2012 and to start LNG production in late 2015. Indonesia Donggi-Senoro LNG reached Fid in January. the single train 2 mmtpa project is announced to come on line in the second half of 2014. the plant will be fed by donggi and senoro fields. Liquefaction investment could be in the range of $ 2.8 bn. Project partners include Pertamina (29%), Medco (11%), Mitsubishi (45%) and KOGAs (15%), and LNG volumes will be sold to Japanese power companies (Chubu and Kyushu) and to KOGAs.

Africa

idku - egyptian LNG damietta - egyptian Gas Co. (seGAs)

Bonny island - Nigeria LNG

Bioko island - Marathon Oil

Liquefaction plants

Qatar the last 7.8 mtpa Qatargas train came on line in February 2011, bringing Qatars LNG liquefaction capacity to the well publicized number of 77 mmtpa, establishing the country as the leading LNG producing country in the world. in 2011, Qatar produced around 75 mmtpa, i.e more than 30% of the global LNG production, with an average utilization rate of facilities close to 95%. United States in Alaska, the Kenai liquefaction plant was expected to be decommissioned in 2011 because of declining reserves, but production was finally extended until at least 2012. in september 2011, ConocoPhillips acquired Marathons 30% shares in the liquefaction plant, with Marathon remaining involved in the upstream portion of the project. the plant has a license to export LNG until March 2013. the 18 mmtpa Sabine Pass liquefaction project made significant progress during the year with Feed in early 2011 and 16 mmtpa of long-term sPAs signed with several buyers including BG, Gas Natural, GAiL from india (KOGAs joined them in early 2012). Approval from the us Federal energy regulatory Commission (FerC) was given in April 2012. Cheniere plans to begin construction in 2012 and to start production in 2015. Freeport LNG is also proposing to add liquefaction infrastructure at its existing regasification terminal to provide export capacity of 13.2 mmtpa of LNG. in February 2011 Freeport LNG received approval from dOe to export LNG to Free trade Agreement countries. Completion and start-up of the first liquefaction train is expected in early 2017. three other projects based on existing regasification terminals have also applied for export licenses: Cameron (sempra), Lake Charles (BG/southern union) and Cove Point (dominion). in addition, two greenfield export projects are being proposed: Gulf Coast LNG (in texas) and Jordan Cove (in Oregon). the total combined capacity of us export projects could amount to more than 100 mmtpa.

Concerning the Tangguh plant, following drilling activities in the Bintuni Bay, BP reported in August 2011 that sufficient reserves had been certified to support the third train. BP is now planning to submit a Plan of development (POd) to the indonesian government for the expansion.
Libya in Libya, due to the Civil War, output from Libyan liquefaction plant Marsa el Brega stopped in March 2011, causing very limited impact on global LNG supplies. Nigeria At Bonny island, trains 7 and 8 are still uncertain given other projects in Nigeria including Brass LNG and Olokola LNG. With regard to the Brass LNG project, front end engineering is now completed and Fid is awaited by Q3 2012. Cost estimates are in the range of $ 15 bn. Papua New Guinea the Papua New Guinea 2 x 6.6 mmtpa project is under construction, and train 1 is expected to come on line in the second half of 2014 (train 2 in 2015). LNG volumes will be sold to sinopec, CPC and Japanese companies tePCO and Osaka Gas.

16 - GiiGNL / the LNG iNdustry

Liquefaction plants 2011


Liquefaction Country Site Number of trains Nominal capacity 106 t per year Storage Number of tanks Total capacity m3
Atlantic Basin GdF suez, Bota, sNAM-rete, iberdrola, depa, Cepsa Gas, statoil, endesa GdF suez, Bota, sNAM-rete, iberdrola, depa, Cepsa Gas, statoil, endesa GdF suez, Bota, sNAM-rete, iberdrola, depa, Cepsa Gas, statoil, endesa union Fenosa Gas, BP

Owner

Operator

Buyer

Start-up date

Arzew GL 1Z

8,19

300 000

sonatrach

sonatrach

1981

Algeria

Arzew GL 2Z

7,98

300 000

sonatrach

sonatrach

1972

skikda - GL 1K

3,13

308 000

sonatrach

sonatrach

1981

damietta Egypt idku

5,00

300 000

union Fenosa Gas (80%), eGPC (10%), eGAs (10%) egyptian LNG (eGPC, eGAs, BG, GdF sueZ, Petronas) Marathon, sonagas, Mitsui, Marubeni LNOC Nigeria LNG (NNPC, shell, tOtAL, eNi)

seGAs serViCes egyptian LNG (eGPC, eGAs, BG, GdF sueZ, Petronas) Marathon LNOC

2005

7,20

280 000

GdF sueZ

2005

Equatorial Guinea Libya

Bioko island Marsa-elBrega

1 4

3,70 0,60

2 2

272 000 96 000

BG Gas Marketing GasNatural Fenosa enel, Gas Natural Fenosa, Botas, GdF sueZ, ren Atlantico BGLt-BGGM, shell, iberdrola, endesa, ren Atlantico, tOtAL, eNi total, shell total, statoil, GdF sueZ, iberdrola GdF suez, Gas Natural Fenosa (t1), repsol, BP, BG (t4), Naturgas, repsol, BP, BG (t2-3)

2007 1970 19992002

9,60 3 252 600

Nigeria LNG Ltd

Nigeria

Bonny island

8,10

Nigeria LNG (NNPC, shell, tOtAL, eNi) 1 84 200 Nigeria LNG (NNPC, shell, tOtAL, eNi) statoil, Petoro, total, GdF sueZ, rWe, hess

Nigeria LNG Ltd

2006

4,00

Nigeria LNG Ltd

2008

Norway

hammerfest

4,30

250 000

statoil

2007

Trinidad & Tobago

Point Fortin

15,10

520 000

Atlantic LNG (BP, BG, repsol, NGC)

Atlantic LNG (BP, BG, repsol, GdF sueZ, NGC)

1999

Middle-East Abu Dhabi das island 3 5,60 3 240 000 Adgas (AdNOC, BP, tOtAL, Mitsui) Oman LNG (Oman gvt, shell, tOtAL, Korea LNG, Mitsubishi, Mitsui, Partex, itochu) Qalhat LNG (Oman gvt, Oman LNG, itochu, Mitsubishi, union Fenosa Gas, Osaka Gas) Adgas the tokyo electric Power Co. Kogas, shell, Osaka Gas, BP, itochu Mitsubishi, Osaka Gas, Gas Natural Fenosa, itochu 1977

2 Oman Qalhat 1

7,10 2 3,60 240 000

Oman LNG

2000

Qalhat LNG

2006

GiiGNL / the LNG iNdustry - 17

Liquefaction plants 2011 (contd.)


Liquefaction Country Site Number of trains Nominal capacity 106 t per year Storage Number of tanks Total capacity m3 Owner Operator Buyer Start-up date

ras Laffan (Qatargas 1-t1 & 2)

6,40 4 340 000

Qatargas (QP, exxonMobil, tOtAL, Marubeni, Mitsui) Qatargas (QP, exxonMobil, tOtAL, Marubeni, Mitsui) (Qatar Petroleum, exxonMobil) (Qatar Petroleum, tOtAL, exxonMobil) Qatar Petroleum, Conoco, Mitsui Qatar Petroleum, shell rasgas 1 (QP, exxonMobil, Kogas, itochu, LNG Japan) rasgas 2 (Qatar Petroleum, exxon Mobil) rasgas 2 (Qatar Petroleum, exxon Mobil) rasgas 2 (Qatar Petroleum, exxon Mobil) rasgas 3 (Qatar Petroleum, exxon Mobil) rasgas (Qatar Petroleum, exxon Mobil) yemen LNG (tOtAL, Kogas, yemen Gas Co., hunt Oil Co., sK Corporation, hyundai, GAssP)

Qatargas i

Chubu elec, Osaka Gas, tokyo Gas, toho Gas, tohoku elec, Kansai elec, Chugoku elec, Gas Natural Fenosa, PGNiG, Ptt tokyo Gas

1999

ras Laffan (Qatargas 1-t3) ras Laffan (Qatargas 2-t1) ras Laffan (Qatargas 2-t2) ras Laffan (Qatargas 3-t1) Qatar ras Laffan (Qatargas 4-t1) ras Laffan (rasgas 1t1 & 2) ras Laffan (rasgas 2- t1) ras Laffan (rasgas 2- t2) ras Laffan (rasGas 2- t3) ras Laffan (rasgas 3 - t1) ras Laffan (rasgas 3 - t2)

3,10

Qatargas i

1999

7,80

Qatargas ii

exxonMobil, Chubu Qatar Petroleum, exxonMobil, tOtAL Conoco Philips, repsol shell, Petrochina, Marubeni

2009

7,80 8
1 160 000

Qatargas ii

2009

7,80

Qatargas iii

2010

7,80

Qatargas iV

2011

6,60

rasGas i

Kogas, eNi

19992000

4,70

rasGas ii

Petronet LNG

2004

4,70 6 840 000

rasGas ii

endesa, edison Petronet, edF, distrigas, CPC Petronet, KOGAs, Chevron, sempra, statoil exxonMobil

2005 March 2007 August 2009 April 2010 October 2009 & April 2010

4,70

rasGas ii

7,80

rasGas iii

7,80

rasGas iii

Yemen

Balhaf train 1 & 2

6,70

280 000

yemen LNG

Kogas, GdF sueZ, tOtAL

Pacific Basin tokyo elec, Chubu elec, Kansai elec, Chugoku elec, Kyushu elec, tokyo Gas, Osaka Gas, shizuoka Gas, tohoku elec, Nippon Gas, Kogas, shell hazira Gas, dPLNG tokyo elec, Chubu elec, Kansai elec, Chugoku elec, Kyushu elec, tokyo Gas, Osaka Gas, shizuoka Gas, tohoku elec, Nippon Gas, Kogas, shell hazira Gas, dPLNG

Withnell Bay

12,10

260 000

NWs LNG JV (Woodside, shell, BhP, BP Australia, Chevron, Mitsubishi/Mitsui)

Woodside

1989

Australia Woodside, shell, BhP, BP, Chevron-Australia, Japan LNG (16,67% each)

Withnell Bay

4,30

65 000

Woodside

2008

18 - GiiGNL / the LNG iNdustry

Liquefaction plants 2011 (contd.)


Liquefaction Country Site Number of trains Nominal capacity 106 t per year Storage Number of tanks Total capacity m3 Owner Operator Buyer Start-up date

Australia (contd.)

darwin

3,40

188 000

darwin LNG (ConocoPhillips, eNi, santos, inpex, tePCo, tokyo Gas) Brunei LNG (Brunei gvnt, shell, Mitsubishi) ConocoPhillips

ConocoPhillips

tokyo electric, tokyo Gas tokyo Gas, tokyo electric, Osaka Gas, Kogas tokyo Gas, tokyo electric Kogas

2006

Brunei U.S.A.

Lumut Kena Blang Lancang Arun Bontang Badak Bontang Badak A &B Bontang Badak C &d Badak e Badak F Badak G Badak h tangguh Bintulu MLNG 1 (satu)

5 1

7,20 1,40

3 3

195 000 108 000

Brunei LNG sdn Bhd ConocoPhillips Pt Arun NGL Co. (Pertamina, exxonMobil, JiLCO)

1973 1969 19781979

4,75

508 800

Pertamina

22,20 Kansai elec, Chubu elec, Kyushu elec, Osaka Gas, toho Gas, Nippon steel Co. Pt Badak NGL Co. (Pertamina, ViCO, tOtAL, JiLCO) Kansai elec, Chubu elec, Osaka Gas, toho Gas C.P.C. tokyo Gas, Osaka Gas, toho Gas, hiroshima Gas, Nippon Gas Kogas C.P.C. 7,60 2 340 000 Government of indonesia Malaysia LNG sdn Bhd (Petronas, shell, Mitsubishi) Malaysia LNG dua (Petronas, shell, Mitsubishi, sarawak state Gvnt) 6 390 000 BP Malaysia LNG sdn Bhd Posco, K-Power, sempra LNG, CNOOC, tohoku elec tokyo Gas, tokyo elec, saibu Gas, shikoku electric tokyo Gas, Osaka Gas, toho Gas, Kansai elec, shizuoka Gas, tohoku elec, CPC, sendai City Gas, Kogas, Chubu elec tokyo Gas, Osaka Gas, toho Gas, Kansai elec, shizuoka Gas, tohoku elec, C.P.C, sendai City Gas, Kogas, Chubu elec tokyo Gas, Osaka Gas, toho Gas, tohoku elec, Japex, Kogas, CNOOC repsol yPF Gazprom, shell, Kogas, Chubu elec, hiroshima Gas, Kyushu elec, Osaka Gas, saibu Gas, toho Gas, tohoku elec, tokyo elec, tokyo Gas

1977

Indonesia

2 6 1 1 1 1 2 630 000 Pertamina

1983 1990 1994 1998 1998 2009

8,10

1983

Bintulu MLNG 2 (dua)

7,80

Malaysia LNG dua

1995

Malaysia

debottleneck

Bintulu MLNG 2 (dua) -

1,50

Malaysia LNG dua (Petronas, shell, Mitsubishi, sarawak state Gvnt) Malaysia LNG tiga (Petronas, shell, Nippon Oil, Mitsubishi, sarawak state Gvnt)

Malaysia LNG dua

2010

Bintulu MLNG 3 (tiga)

6,80

Malaysia LNG tiga

2003

Peru

Peru LNG

4,45

260 000

hunt Oil (50%), Marubeni (10%), repsol yPF (20%), sK Corp (20%) sakhalin energy invest Co. (Gazprom, shell, Mitsui, Mitsubishi)

hunt Oil

2010

Russia

sakhalin 2

9,55

200 000

sakhalin energy invest Company

2009

Total

92

278

88

9 207 600

GiiGNL / the LNG iNdustry - 19

regasification plants
89 LNG regasification terminals - including 10 floating facilities - where in operation at the end of 2011, compared with 40 terminals in 2001. Over the last ten years, the number of importing countries grew from 11 in 2001 to 25. The combined nominal send-out capacity of the facilities reached about 640 mmtpa (868 bcm/y) and total storage capacity amounted to 44.1 106 m3 of LNG (liquid) with 394 tanks. Together, Japan and Korea accounted for 43% of the worlds regasification capacity. Compared to an annual LNG consumption of 240.8 mmtpa, the global average utilization rate of installations remained stable, around 37%. While Asian and European regasification terminals recorded average utilization rates of respectively 45% and 46%, the average utilization rate of US terminals dropped below 5%.

New projects/extensions of regasification units


Regasification capacity vs LNG imports in 2011

mmtpa 180 160

% 70 60

140 120 100 80 60 20 40 20 0 Japan usA Korea spain uK China 10 0 50 40 30

Annual regasification capacity LNG imports utilization rate %

Seven new terminals were commissioned in 2011. Combined with the expansion of Fujian, new facilities added 39.2 mmtpa to the existing global regasification capacity.

Argentina
After Bahia Blanca in 2009, enarsa and yPF started operating a second offshore terminal in the country in Puerto escobar, 30 miles outside Buenos Aires. With a capacity of 2.7 mmtpa, GNLe (GNL escobar) was commissioned in June 2011. Like Bahia Blanca, GNL Escobar uses a Floating, storage and regasification unit permanently moored at the new port facilities. in the meantime, yPF increased Bahia Blancas regasification capacity from 10 MMm3/day to a maximum capacity of 14 MMm3/day. Final upgrade to 17 MMm3/day will be performed in 2012.

China At the Fujian LNG receiving terminal (60% owned by CNOOC), two new storage tanks were built in 2011, allowing to bring the terminals receiving capacity to more than 8 mmtpa.
two new terminals came online in 2011: - in May, Petrochina started receiving cargoes at its 3.5 mmtpa terminal located in Rudong, Jiangsu province. the rudong terminal is owned by Kunlun energy of hong Kong (55%) in which Petrochina is a majority shareholder, Pacific Oil and Gas (35%) and local government investment company Jiangsu Guozin (10%). - Also in 2011, Petrochina commissioned its other terminal, located in Dalian, Liaoning province. the 3 mmtpa facility is owned by Kunlun energy of hong Kong (75%), the port of dalian (20%) and local government investment company dalian Construction investment (5%). in addition, three land-based terminals are under construction: Zhejiang, Zhuhai and Hainan. - Zhejiang LNG receiving terminal is expected to come on stream in August 2012 with an initial receiving capacity of 3 mmtpa. CNOOC is the leading shareholder with 51% of the shares. - Zhuhai LNG terminal is expected to come on stream in 2013 with an initial capacity of 3.5 mmtpa. CNOOC owns 30% of shares in the terminal.

Belgium in Zeebrugge, Fluxys decided to construct a second jetty at the LNG terminal for unloading as well as loading LNG ships (including small sizes). the Port of Zeebrugge has just started the construction of the underwater structure and operator Fluxys LNG plans to commission the jetty by early 2015.

20 - GiiGNL / the LNG iNdustry

regasification plants

- hainan LNG receiving terminal started construction in August 2011, and is expected to come on stream in 2014 with an initial receiving capacity of 3 mmtpa. the terminal is owned by CNOCC (65%) and hainan development holdings (35%). in October 2011, CNOOC also started building facilities for a floating LNG receiving terminal in Tianjin. the Fsru (145 000 m3 GdF sueZ Cape Ann) has been reserved with GdF sueZ in 2011. the terminal is expected to come on stream in 2013 with an initial receiving capacity of 2.2 mmtpa. in a second phase planned for 2015, the terminals capacity could be brought to 6 mmtpa with the addition of land-based facilities. CNOOC is the only shareholder in the terminal at the moment but is expected to bring on board two other shareholders.

France in France, decision was taken to extend Montoir-de-Bretagne LNG terminals life until 2035, while maintaining its capacity. since Autumn 2011, Montoir-de-Bretagne is ready to receive Q-Max vessels after notably some works in order to reinforce a jetty.
Also in 2011, Fid was taken on the new Dunkerque LNG terminal, which is expected to come online in 2015. With a capacity of about 10 mmtpa, the terminal will be owned by edF (65.01%), Fluxys (25%) and total (9.99%).

India in india, Petronet continued the construction of its 2.5 mmtpa regasification facility at Kochi in the state of Kerala. the facility is scheduled to be commissioned by the end of October 2012. the total ePC cost of the additional regasification facility reaches 68 usd Million. in addition, a 2.5 mmtpa second phase could be operational by the end of 2013. At the Dabhol terminal (30% owned by GAiL), commissioning expected in April was delayed in order to dredge the channel and to accommodate 160 000 m3 vessels.

Italy in italy, the Panigaglia LNG terminal was shutdown in October 2011 in order to install new tube-bundles inside the 4 sCV vaporizers. As a consequence, the total capacity of the plant was formally restored after it had been reduced by one third in 2009 (from 17 500 liquid m3/day to 12 000 liquid m3/day).

Europe

snohvit - statoil

Liquefaction plants Regasification plants

teeside - excelerate energy Milford haven - dragon LNG Milford haven - south hook LNG isle of Grain - National Grid Grain LNG, Ltd Gate - Gate LNG Zeebrugge - Fluxys Fos tonkin - elengy Montoir - elengy Bilbao - BBG reganosa - regas sines - reN Atlantico huelva - enagas Cartagena - enagas Fos Cavaou - elengy Panigaglia - snam rete Gas rovigo - Adriatic LNG Barcelona - enagas sagunto - saggas skikda - sonatrach Bethioua - sonatrach Arzew - sonatrach

Marmara ereglisi - Botas Aliaga - egegaz

revithoussa - depa Marsa-el-Brega - sirte Oil Co.

Mina Al Ahmadi Gasport - excelerate/KNPC

GiiGNL / the LNG iNdustry - 21

regasification plants (contd.)

South America
Punta Caucedo - Aes Penuelas - ecoelectrica Altamira terminal de LNG de Altamira Point Fortin - Atlantic LNG

Japan in Japan, Chugoku electric and Jx Nippon Oil completed the construction of a second 160 000 m3 tank at their Mizushima LNG terminal in April 2011.
in Joetsu City, Chubu electric started importing LNG to supply its Joetsu combined-cycle plant. the facility is expected to have storage capacity of 540 000 m3. three new terminals are currently under construction: - Ishikari LNG, developed by hokkaido Gas and expected to come on stream by the end of 2012 with an initial capacity of 1.4 mmtpa. - Naoetsu, developed by inpex, expected in 2014 with an initial capacity of 1.5 mtpa and a 360 000 m3 storage capacity. - Hachinohe, developed by Jx Nippon Oil, with expected start-up in 2015 and an initial capacity of 1.5 mmtpa. Noteworthy, in November 2011, Chita LNG terminal (co-owned by Chubu electric and toho Gas) received its 3000th LNG tanker since it was launched in 1977.

Pecm Port - transpetro Pampa Melchorita - Peru LNG Guanabara Bay - transpetro Mejillones - GNL Mejillones GNLescobar - excelerate energy Quintero - GNL Quintero s.A. Bahia Blanca - repsol yPF Liquefaction plants Regasification plants

Mexico
in June 2011, a joint-venture of Vopak (60%) and enagas (40%) announced the acquisition of the LNG storage and regasification terminal in Altamira. the jointly controlled entity has acquired 100% of the shares in the terminal from shell (50%), total (25%) and Mitsui & Co Ltd. (25%) for 408 usd million. total has no more equity in the facility but preserves its 1.25 Bcm/y subscription of capacities.

Japan
Niigata - Nihonkai LNG Joetsu - Chubu electric

shin-Minato sendai City Gas

higashi-Ohgishima - tokyo electric Negishi - tokyo Gas sodeshi - shizuoka Gas yokkaichi - Chubu electric & toho Gas sakai - Kansai electric himeji - Osaka Gas & Kansai electric hatsukaichi - hiroshima Gas tobata - Kita Kyushu LNG Fukuoka - saibu Gas yanai - Chugoku electric Ohita - Ohita LNG Chita - Chita LNG & toho Gas Kawagoe - Chubu electric senboku - Osaka Gas sakaide - sakaide LNG Mizushima - Mizushima LNG Ohgishima - tokyo Gas sodegaura - tokyo Gas Futtsu - tokyo electric

Nagasaki - saibu Gas

Kagoshima - Nippon Gas

Regasification plants

22 - GiiGNL / the LNG iNdustry

regasification plants (contd.)

North America
Kenai - Phillips - Alaska NG Corp.

Liquefaction plants Regasification plants

Neptune LNG - GdF sueZ everett - suez LNG NA Cameron LNG - sempra energia Costa Azul - sempra Golden Pass Golden Pass LNG Gulf LNG Gulf LNG energy

Canaport - repsol energy

Northeast Gateway - excelerate energy Cove Point - dominion

elba island - el Paso Freeport LNG - Freeport LNG dvlpt. Lake Charles - trunkline LNG sabine Pass - Cheniere energy

Netherlands in rotterdam, Gate LNG terminal started importing LNG in June 2011, receiving a total of 8 cargoes during the year. With an initial capacity of 8.9 mmtpa, Gate comprises three 180 000 m3 storage tanks. the terminal is owned by Vopak (42.5%), Gasunie (42.5%), essent (5%), dong (5%) and OMV (5%).

- in Gijon (El Musel), a new terminal including two 150 000 m3 tanks is currently under construction. With an initial capacity of 5.8 mmtpa, the terminal was expected to be completed by the end of 2012. it will finally be mothballed due to insufficient gas demand.

Portugal in 2011, the Sines LNG terminal concluded the second phase of its expansion project, which started in 2009 and will finalize in 2012. Completion of the second phase will increase the capacity of the terminal from 3.4 mmtpa to 4.6 mmtpa.

Thailand in thailand, Ptt started up operating its Map Ta Phut terminal in the second quarter of 2011, receiving 11 cargoes during the year. the terminal has a capacity of 5 mmtpa.

Spain
in december 2011, the Sagunto regasification plant sAGGAs (42.5% owned by GAs NAturAL FeNOsA) puts its fourth LNG storage tank into commercial operation. the entry into commercial operation of this new tank allows saggas to double its initial storage capacity, to 600 000 m. - in Barcelona, one new 150 000 m3 tank was commissioned in 2011, bringing the terminals storage capacity to 840 000 m3. - in Bilbao, BBG (Bahia de Bizkaia Gas) approved the construction of a new tank of 150 000 m3, which implies a 50% increase in the actual storage capacity of the plant. the construction started in 2011 and the new installation is expected to be operational by July 2014.

United States in the united states, due to the shift in gas supply and demand balance, excelerate energy decided to cease operating its existing 3 mtpa Gulf Gateway terminal. Located off the coast of Louisiana, the terminal will be decommissioned in 2012. - One new terminal (Gulf LNG) was commissioned at Pascagoula, in Mississippi. With a capacity of 8.8 mmtpa, the terminal is operated by Gulf LNG energy, a subsidiary of el Paso (50%) and General electric (50%). - in texas, Golden Pass LNG started commercial operations and received 8 cargoes during the year.

GiiGNL / the LNG iNdustry - 23

regasification terminals in 2011


Storage Send out Owner Operator T.P.A.

Country

Site

Total Nominal No. of No. of cpcty in cm cpcty in tanks Vaporizers* (liq) NG bcm/y

Source of import

Start up date

AMERICAS Argentina
Bahia Blanca escobar 1 1 1 1 151 000 151 000 138 000 129 000 6 6 2 2 5,10 5,10 5,00 2,50 yPF yPF, enarsa Petrobras Petrobras repsol energy Canada Ltd (74.25%), irving Canaport LP Co. Lmtd (24,75%), repsol Canada Ltd (0,75%), irving Canaport GP Co. (0,25%) GNLM GNL Quintero s.A. Aes Andres terminal de LNG de Altamira (Vopak 60%, enagas 40%) energia Costa Azul (100% sempra LNG) ecoelectrica sempra yPF yPF transpetro transpetro No No No No trinidad & tobago, egypt, Qatar trinidad & tobago, Nigeria, Qatar trinidad & tobago, Nigeria trinidad & tobago, Nigeria June 2008 01/05/2011 2009 2009

Brazil

Guanabara Bay Pecem

Canada

Canaport LNG

160 000

10,00

repsol Canada Ltd

yes (but no rtPA)

trinidad & tobago, Qatar

2009

Chile

Mejillones Quintero

1 3 1

154 500 334 000 160 000

3 3 2

2,00 3,65 2,32

GNLM GNL Quintero s.A. Aes Andres terminal de LNG de Altamira (Vopak 60%, enagas 40%) energia Costa Azul ecoelectrica sempra

yes yes No

yemen, egypt, trinidad trinidad & tobago, Qatar, equatorial Guinea trinidad & tobago Nigeria, egypt, Qatar, t&t indonesia, Qatar, trinidad & tobago trinidad & tobago Qatar, trinidad & tobago trinidad & tobago, egypt Norway egypt, equatorial Guinea, Nigeria, trinidad & tobago, Qatar trinidad & tobago

April 2010 2009 2003

Dominican Rep. Mexico

Punta Caucedo

Altamira energia Costa Azul

300 000

7,80

No

August 2006

2 1 3

320 000 160 000 480 000

6 2 10

10.33 3,75 15,50

yes yes shell, BP, statoil, Peakers 1/4 each statoil

May 2008 2000 2009

Puerto Rico

Penuelas Cameron LNG

Cove Point Cove Point expansion elba island

380 000

10

10,74

dominion Cove Point LNG dominion Cove Point LNG southern LNG

dominion Cove Point LNG dominion Cove Point LNG el Paso

1978, restarted 2003 2008 1978, restarted 2001, expanded 2006, expanded 2010 1971

320 000

15

8,00

535 000

11

16,30

yes

everett

155 000

6,90

distrigas of Mass Co.

GdF sueZ LNG North America

yes

U.S.A.

Freeport LNG

320 000

18,00

Freeport LNG development, L.P. QP (70%) exxon (17,6%), Conoco Philips (12,4%) Gulf LNG energy

Freeport LNG development, L.P.

yes

trinidad & tobago, egypt, Nigeria, Peru, yemen Qatar Angola Algeria, Australia, egypt, equatorial Guinea, Malaysia, Nigeria, trinidad & tobago, Oman, Qatar

2008

Golden Pass Gulf LNG energy

5 2

775 000 320 000

9,80 12,00

Golden Pass LNG el Paso

No

2010 2011 1982, infrastructure enhancement project completed March 2010 2010 2008 2008

Lake Charles

425 000

14

24,30

trunkline LNG

trunkline LNG

yes

Neptune LNG Northeast Gateway sabine Pass

2 1 5

290 000 150 000 800 000

3,90 4,60 41,35

GdF sueZ NA excelerate energy Cheniere energy

GdF sueZ NA Cheniere energy

trinidad & tobago Qatar, Nigeria

16

total, Chevron, CMi

ASIA-MIDDLE EAST
dalian 2 320 000 3 4,20 Petrochina Petrochina Australia, Qatar, Nigeria, equatorial Guinea, Malaysia, russia, Oman, yemen, uAe, indonesia, egypt, Algeria, Peru, trinidad egypt , equatorial Guinea 2011

dapeng, shenzhen

480 000

9,00

GdLNG

GdLNG

No

2006

China
Fujian rudong 2 2 320 000 320 000 3 3,70 4,20 Fujian LNG (CNOOC 60%, Fujian NV & dev. Corp. 40%) Petrochina Fujian LNG Petrochina No

2008 2011

24 - GiiGNL / the LNG iNdustry

Storage

Send out Owner Operator T.P.A.

Country

Site

Total Nominal No. of No. of cpcty in cm cpcty in tanks Vaporizers* (liq) NG bcm/y
3 120 000 0,20

Source of import

Start up date

shanghai, Mengtougou

shanghai Gas Group shanghai LNG (CNOOC 45%, shenergy Group Ltd 55%) duba supply Authorities (dusuP)

shanghai Gas Group shanghai LNG duba supply Authorities (dusuP) Petronet LNG

Malaysia

2008

China

shanghai, yangshan (ximentang isle) Jebel Ali

495 000

4,10

No

Malaysia

2009

Duba

125 850

3,00

No yes (on a cargo by cargo basis)

Qatar Qatar, usA, egypt, Nigeria, Malaysia, trinidad & tobago, Oman, Norway Nigeria, egypt, Algeria, Oman, Qatar, Qatar/Belgium, Australia, t&t, Abu dhabi, Norway, equatorial Guinea indonesia, Malaysia, Australia, Qatar, Algeria indonesia, Malaysia, Australia, Qatar, russia indonesia, Malaysia, Australia, Qatar, russia Malaysia indonesia, Malaysia, Qatar, Australia, Oman, Abu dhabi, Brunei, russia indonesia, Malaysia, russia indonesia, Malaysia, Qatar, Australia, Oman, Abu dhabi, Brunei, russia indonesia, Malaysia, Australia, Qatar, Oman, Brunei indonesia, Malaysia, Qatar, Australia indonesia, Australia indonesia, Malaysia, Australia, Qatar, russia Australia, Qatar, Oman Malaysia, russia indonesia, Malaysia, Australia, Qatar, Brunei, russia indonesia, Malaysia, Qatar, Australia, russia indonesia, Malaysia, Australia, Qatar, russia indonesia, Australia, russai, Algeria indonesia, Malaysia, Australia, Qatar Malaysia Brunei indonesia, Malaysia, Australia, Qatar, Oman, Brunei, russia Malaysia indonesia, Malaysia, Australia, Qatar, Brunei, russia Malaysia, Australia, Qatar, Nigeria, indonesia, russia indonesia, Australia, russia, equat. Guinea, Qatar Australia, Qatar, Oman indonesia, Malaysia, Australia, Qatar, russia indonesia

2010 2004, expansion in July 2009

dahej

592 000

19

12,50

Petronet LNG

India
hazira 2 320 000 5 3,40 hazira LNG Private Ltd (74% shell, 26% total) hazira LNG Private Ltd No

April 2005

Chita

640 000

11

14,78

Chita LNG

Chita LNG

yes

1983

Chita Kyodo ChitaMidorihama Works Fukuoka Futtsu

300 000

14

9,74

toho Gas / Chubu elec

toho Gas

yes

1978

2 2 10

400 000 70000 1110000

7 7 13

9,20 1,10 26,00

toho Gas saibu Gas tokyo electric

toho Gas saibu Gas tokyo electric

yes " yes

2001 1993 1985

hatsukaichi higashiOhgishima

170 000

1,15

hiroshima Gas

hiroshima Gas

No

1996

540 000

18,00

tokyo electric

tokyo electric

yes

1984

himeji himeji LNG Joetsu Kagoshima Kawagoe Mizushima

8 7 2 4 1 1 14

740 000 520 000 86 000 480 000 160 000 35 000 1 180 000

6 8 3 4 3 3 14

6,40 11,00 2,50 0,30 6,69 1,30 0,20 15,4

Osaka Gas Kansai electric Chubu electric Nippon Gas Chubu electric Mizushima LNG saibu Gas tokyo Gas / tokyo electric Nihonkai LNG

Osaka Gas Kansai electric Nippon Gas Chubu electric Mizushima LNG saibu Gas tokyo Gas / tokyo electric Nihonkai LNG

yes yes No yes yes yes Negotiated tPA yes Negotiated tPA yes yes yes yes

1984 1979 2011 1996 1997 2006 2003 1969

Japan

Nagasaki Negishi

Niigata

720 000

14

11,60

1984

Ohgishima Oita sakai sakaide senboku i senboku ii

3 5 3 1 4 18

600 000 460 000 420 000 180 000 180 000 1 585 000

10 6 6 3 5 15

12,40 6,27 8,70 1,64 2,94 15,70

tokyo Gas Oita LNG Kansai electric sakaide LNG Osaka Gas Osaka Gas

tokyo Gas Oita LNG Kansai electric sakaide LNG Osaka Gas Osaka Gas Gas Bureau,City of sendai tokyo Gas / tokyo electric shimizu LNG

1998 1990 2006 2010 1972 1977

shin-Minato sodegaura

1 35

80000 2660000

3 36

0,38 41,60

Gas Bureau tokyo Gas / tokyo electric shimizu LNG

No Negotiated tPA No

1997 1973

sodeshi

337 200

3,90

1996

tobata yanai yokkaichi LNG Centre yokkaichi Works

8 6 4 2

480 000 480 000 320 000 160 000

9 5 8 4

10,28 3,10 8,68 2

Kita Kyushu Chugoku elec Chubu electric toho Gas

Kita Kyushu LNG Chugoku electric Chubu electric toho Gas

No yes yes yes

1977 1990 1988 1991

GiiGNL / the LNG iNdustry - 25

Storage

Send out Owner Operator T.P.A.

Country

Site

Total Nominal No. of No. of cpcty in cm cpcty in tanks Vaporizers* (liq) NG bcm/y
3 365 000 2 2,30

Source of import
indonesia indonesia, Malaysia, t&t, Brunei, Qatar, Oman, egypt, Australia, Algeria, Nigeria, equatorial Guinea indonesia, Malaysia, t&t, Brunei, Qatar, Oman, egypt, Australia, Algeria, Nigeria, equatorial Guinea indonesia, Malaysia, t&t, Brunei, Qatar, Oman, egypt, Australia, Algeria, Nigeria, equatorial Guinea Australia, Malaysia, russia

Start up date

Gwangyang

Posco

Posco

No

2005

incheon

20

2 880 000

37

47,78

Kogas

Kogas

No

1996

Korea

Pyeong-taek

21

2 960 000

34

47,30

Kogas

Kogas

No

1986

tong-yeong

16

2 480 000

12

20,76

Kogas

Kogas

No

2002

Kuwait Taiwan Thaland

Mina Al Ahmadi taichung yung-An Map ta Phut

1 3 6 2

150 000 480 000 690 000 320 000

6 16

7,07 9,00 23,00 6,50

KNPC C.P.C. C.P.C. Ptt LNG

excelerate energy, KNPC C.P.C. C.P.C. Ptt LNG

2009 2009 1990 2011

No No

Qatar indonesia, Malaysia Qatar, Nigeria, Peru, russia, indonesia

EUROPE Belgium
Zeebrugge 4 380 000 11 9,00 Fluxys LNG socit du terminal Mthanier de Fos-Cavaou (elengy, total) elengy elengy depa s.A. GNL italia s.p.A.** Adriatic LNG (Qatar Petroleum, edison, exxon) Gasunie, Vopak ren Atlantico Fluxys LNG yes Qatar, egypt, Norway, t&t, Nigeria Algeria, egypt, Nigeria, Norway, Qatar, trinidad & tobago, yemen Algeria, egypt Algeria, egypt, Nigeria, Norway, Qatar, trinidad & tobago, yemen Algeria yPF, enarsa Qatar various sources Nigeria, Qatar, t&t, egypt, equatorial Guinea Algeria, egypt, Libya, Nigeria, Oman, Qatar, t&t, Norway, Peru Algeria, Nigeria, Norway, t&t, Qatar, Peru, usA, Belgium Algeria, egypt, Libya, Nigeria, Oman, Qatar, t&t, Norway, Peru Algeria, Belgium, egypt, Libya, Nigeria, Oman, Qatar, t&t, Norway, Peru 1987 2009 (commercial operation from April 2010) 1972 1980 2000 yPF 2009 2011 2004

Fos-Cavaou

3 3 3 2 2 2 3 2

330 000 150 000 360 000 130 000 100 000 200 000 540 000 240 000

4 12 11 6 4 5 5

8,25 5,50 10,00 5,00 3,32 8,00 8,90 7,60

elengy elengy elengy depa s.A. GNL italia s.p.A.** Adriatic LNG (Qatar Petroleum, edison, exxon) Gate LNG ren Atlantico

yes yes yes No yes yes (20%) yes yes

France

Fos-sur-Mer Montoir-deBretagne

Greece Italy

revithoussa Panigaglia rovigo (Atlantic LNG)

Netherlands Portugal

Gate LNG sines

Barcelona

840 000

13

17,08

enagas

enagas

regulated t.P.A. regulated t.P.A. regulated t.P.A.

1969

Bilbao

300 000

7,00

enagas, infrastructure Arzak 2, BV, eVe

Bahia de Bizkaia Gas, sL (BBG)

2003

Cartagena

587 000

11,83

enagas

enagas

1989

Spain

huelva

610 000

11,83

enagas Gas Natural Fenosa, endesa, xunta Galicia, sonatrach, tojeiro Group, Galicia Government, Caixa Galicia, Pastor, Caixanova Gas Natural Fenosa, rreeF Alternative investments, endesa, Oman Oil holding spain egegaz Botas BG Group, Petronas National Grid Qatar Petroleum, exxon Mobil, total excelerate energy

enagas

regulated t.P.A.

1988

Mugardos

300 000

3,60

reganosa

regulated t.P.A.

Algeria, Nigeria, t&t, Oman, Qatar

2007

sagunto Aliaga/izmir

4 2 3 2 8 5 1

600 000 280 000 255 000 320 000 1 000 000 775 000 138 000

5 5 7 6 14 15

8,76 6,00 6,20 6,00 19,50 21,00 4,60

saggas egegaz Botas dragon LNG Grain LNG south hook LNG terminal Company Ltd

regulated t.P.A. No No yes (but no rtPA) yes (but no rtPA) yes

Algeria, Libya, Qatar, t&t, Nigeria, Oman, egypt Algeria Algeria, Nigeria egypt, Nigeria, Norway, trinidad & tobago, Qatar Algeria, egypt, Qatar, t&t, Norway, Australia Qatar trinidad & tobago

2006 2006 1994 2009 2005 2009 2007

Turkey UnitedKingdom

Marmara ereglisi dragon isle of Grain south hook teesside

TOTAL

394

44 053 550

662

868,1

26 - GiiGNL / the LNG iNdustry

Long-term and medium-term contracts in force in 2011 (*)


Ref. Trade Export Seller Import
ATLANTIC BASIN dZ-F 1 dZ-F 2 dZ-F 3 dZ-Gr dZ-i 1 dZ-i 2 dZ-sP 2 dZ- sP 3 Algeria-France Algeria-France Algeria-France Algeria-Greece Algeria-italy Algeria-italy Algeria-spain Algeria-spain Algeria-spain Algeria/ Nigeria-spain Algeria/ Nigeria-spain Algeria/ Nigeria-spain dZ-tr dZ-us eG-eu eG-sP eG-sP eG-us eqG-us Ly-sP NiG-F 1 NiG-F 2 NiG i-sP NiG ii-sP NiG iii-sP NiG iV-sP Algeria-turkey Algeria-usA egypt-europe egypt-spain egypt-spain egypt-u.s.A. equatorial Guinea - u.s.A. Libya - spain Nigeria-France Nigeria-France Nigeria - spain or usA Nigeria - spain or usA Nigeria - spain Nigeria - spain Nigeria - spain NiG V-sP Nigeria-spain spain-spain NiG-tr NiG-P NiG-P NiG-P NiG-us Nigeria-turkey Nigeria-Portugal Nigeria-Portugal Nigeria-Portugal Nigeria-usA Arzew-Bethioua skikda Bethioua Arzew-skikda skikda-Bethioua skikdaBethioua-Arzew skikda-Bethioua skikda-Bethioua Arzew-Bethioua eNi LNG Portfolio eNi LNG Portfolio eNi LNG Portfolio Arzew-Bethioua Arzew-Bethioua idku damietta damietta idku equatorial Guinea Marsa-el-Brega Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island hammerfest hammerfest hammerfest hammerfest Point Fortin sonatrach sonatrach sonatrach sonatrach sonatrach sonatrach sonatrach sonatrach sonatrach eni eni eni sonatrach sonatrach eLNG eGAs eGAs egypt LNG t2 equatorial Guinea train 1,s.A. NOC Nigeria LNG Nigeria LNG Nigeria LNG Nigeria LNG Nigeria LNG Nigeria LNG Nigeria LNG Nigeria LNG Gas Natural Aprovisionamientos Nigeria LNG Nigeria LNG Nigeria LNG Nigeria LNG Nigeria LNG Nigeria LNG Nigeria LNG Nigeria LNG total e&P Norge GdF sueZ statoil, rWe, hess, Petoro statoil, rWe, hess Atlantic LNG Fos - Montoir Fos Fos - Montoir revithoussa Panigaglia Panigaglia Barcelona, huelva, Cartagena, sagunto Barcelona, huelva, Cartagena, sagunto Barcelona, huelva, Cartagena, sagunto spain spain spain Marmara ereglisi Cove Point Montoir, Fos spain, other Barcelona, huelva Lake Charles, LA Lake Charles, LA Barcelona, huelva Cartagena, sagunto Montoir Montoir Ba. h.Cart. Bil. Ba. h.Cart. Ba. h.Cart. Bil.sag. Ba. h.Cart. Bil.sag. huelva huelva spain Marmara ereglisi sines sines sines Lake Charles, LA us Gulf Coast/ europe us/GOM spain/us/GOM us/GOM Gulf of Mexico / europe hammerfest Cove Point spain Cart.Ba. h. Bil. GdF sueZ GdF sueZ GdF sueZ dePA s.A. eni enel endesa Cepsa iberdrola iberdrola hidroecantabrico + edP e.On espana Botas statoil GdF sueZ BPGM union Fenosa gas BGGM BGGM Gas Natural Fenosa GdF sueZ enel Gas Natural Fenosa Gas Natural Fenosa endesa iberdrola eni Galp energia iberdrola Botas Galp energia Galp energia Galp energia BGLs total shell Western LNG shell Western LNG shell Western LNG total european terminals statoil Natural Gas iberdrola Gas Natural Aprovisionamentos 1.3 2.5 3.7 0.5 1.40 0.94 0.75 0.77 1.15 0.92 0.36 0.65 3 0.75 3.6 1.0 3.3 3.6 3.4 0.55 0.33 2.4 1.17 1.99 0.75 0.38 1.15 0.18 1.0 0.9 1.42 0.73 0.26 2.3 1.1 1.13 1.51 1.74 0.7 0.5 ~1.75 1.13 1.06 1992/2013 1972/2013 1976/2013 2000/2021 1997/2014 1999/2022 2002/2017 2002/ 2022 2002/2021 2002-2018 2005-2016 2007/2022 1994/2014 2003/2009 2005/2025 2005/2025 2005/2029 2006/2023 2007/2023 1981/2004 1999/2022 1999/2022 1999/2021 2002/2024 2005/2025 2005/2025 2006/2028 2005/2016 2003/2020 1999/2021 2006/2026 2002/2022 1999/2022 2004/2023 2005/2026 2007/2026 2009/2028 2009/2028 2007/2027 2007/ depletion 2006/2026 2006/2023 1999/2018 F.O.B. F.O.B. F.O.B. F.O.B. F.O.B. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. F.O.B. F.O.B. F.O.B. F.O.B. F.O.B. extension 2012 swap GdF sueZ/enel eni LNG portfolio eni LNG portfolio F.O.B. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. F.O.B. d.e.s. d.e.s. F.O.B. eni LNG portfolio eni LNG portfolio eni LNG portfolio extension 2014 extension to 2019 extension to 2019 extension to 2019 extension to 2019 eni LNG portfolio swap GdF sueZ/enel linked with the NiG-F 2 contract

Buyer

Nominal quantity Duration Type of ACQ contract 10 6 t/year

Comments

dZ -sP 4

NiG-us/eu Nigeria/usA or eu Nigeria-us/Mexico NiG-us/Mex Nigeria-us/ Mexico/spain Nigeria-us/Mexico NO-GoM/ eu NO - eu NO-us NO-sP tt i-sP Norway - GoM/eu Norway-europe Norway - usA Norway - spain t&t - spain or usA

(*) duration above four years

GiiGNL / the LNG iNdustry - 27

Ref.
tt ii-sP tt-sP tt-sP tt-us 1 tt-us 2 tt-us 3 tt-us 4 tt-us tt-us tt- Ca tt-dr tt-Pr

Trade
t&t - spain or usA t&t - spain t&t - spain t&t - u.s.A. t&t - u.s.A. t&t - u.s.A. t&t - u.s.A. t&t - u.s.A. t&t - u.s.A. t&t - Canada t&t - dominican republic t&t - Puerto rico

Export
Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin

Seller
Atlantic 2/3 Atlantic 2/3 Atlantic 2/3 Atlantic 2/3 Atlantic 2/3 Atlantic 2/3 Atlantic LNG Atlantic LNG 4

Import
Cart.Ba. h. Bil. Cartagena/BBe spain everett/Penuelas everett/Penuelas usA, Other elba island, GA Lake Charles, LA usA, Other Canaport Punta Caucedo Penuelas PACIFIC BASIN

Buyer
Gas Natural sdg repsol Naturgas energia GdF sueZ NA GdF sueZ NA BP Gas Marketing BG BP BG repsol Aes ecoelectrica

Nominal quantity Duration Type of contract ACQ 10 6 t/year


0.65 1.13 0.7 1.63 0.34 0.8 2.2 2.5 1.5 1.0 0.75 0.6 2002/2023 2006/2023 2003/2023 1999/2018 2000/2020 2002/2021 2004/2024 2006/2025 F.O.B. F.O.B. F.O.B. F.O.B. F.O.B.

Comments

F.O.B. d.e.s. d.e.s.

Point Fortin

Atlantic LNG 4 Atlantic LNG 4 BP

006/2025 2009/2027 2003/2023 2000/2020

Au-CN

Australia - China

Withnell Bay

BhP Billiton Petroleum (North West shelf) Pty.Ltd., BP developments Australia, Chevron Australia, Japan Australia LNG (MiMi) Pty. Ltd. shell development Australia, Woodside energy Ltd., CNOOC NWs Private Ltd. Woodside energy, Japan Australia LNG, shell development Australia, BhP Billiton Petroleum, BP development, Chevron Australia Australia shell development Australia BhP Billiton Petroleum BP development Australia Chevron Australia

dapeng, shenzhen

GdLNG

3.3

2006/2031

F.O.B.

Au-JP1

yanai, Mizushima

Chugoku electric

1.43

2009/2021

d.e.s.

Au-JP2

Oita, tobata

Kyushu electric

0.7

2009/2017

F.O.B.

Au-JP3 Au-JP4 Au-JP5 Au-JP6 Au-JP7 Au-JP8 Australia-Japan Withnell Bay

Chita, Kawagoe yokkaichi himeji, sakai sodegaura, Futtsu, higashi-Ohgishima Chita sodegaura, Negishi, Ohgishima senboku, himeji

Chubu electric Kansai electric tokyo electric toho Gas tokyo Gas Osaka Gas tokyo Gas toho Gas

0.5 0.4 0.3 0.76 0.5 0.5 1.37 1.0 0.13 1.0 0.5 0.6 0,5 2.0

2009/2016 2009/2017 2009/2017 2009/2019 2009/2017 2009/2015 2004/2029 2004/2033 2004/2029 2010/2019 2006/2021 2009/2029 2009/2015

d.e.s. d.e.s. d.e.s. F.O.B. d.e.s. F.O.B. d.e.s. d.e.s. d.e.s. F.O.B.

Au-JP9

sodegaura Negishi, Ohgishima Chita

Au-JP10 Au-JP11 Au-JP12 Au-JP13 Au-JP14 Au-JP15 Conocophillips, eNi santos, inpex ttsr Pluto LNG Woodside, Japan Australia LNG, shell development Australia, BhP Billiton Petroleum, BP international, Chevron Oil trading

himeji senboku sodeshi Niigata Oita, tobata Chita Kawagoe, yokkaichi himeji, sakai Futtsu, sodegaura Negishi, Ohgishima sodegaura, Negishi, Ohgishima himeji, sakai senboku

Osaka Gas shizuoka Gas tohoku electric Kyushu electric Chubu electric Kansai electric tokyo electric tokyo Gas Kansai electric tokyo Gas

Au-JP16

darwin

2006/2022 1.0 1.75 1.5-1.75

F.O.B.

Au-JP17 Au-JP18

Pluto

2011/2025 F.O.B./d.e.s. 2011/2025 F.O.B./d.e.s.

Au -Kr

Australia-Korea

Withnell Bay

in-Chon, tong-yeong

Kogas

0.5

2003/2016

d.e.s.

28 - GiiGNL / the LNG iNdustry

Ref.

Trade

Export

Seller

Import
sodegaura, Negishi, senboku, himeji, Futtsu higashi-Ohgishima Pyeong-taek, in-Chon, tong-yeong senboku, sakai, Chita, Joetsu tobata, Ohita himeji, Kawagoe, yokkaichi Chita, senboku, himeji, sakai, yokkaichi, Kawagoe senboku, himeji sodegaura, Chita, Ohgishima hatsukaichi, Kagoshima, senboku, himeji Niigata Pyeong-taek, in-Chon, tong-yeong Pyeong-taek, in-Chon, tong-yeong Gwangyang Gwangyang energia Costa Azul Fujian yung-An sodegaura, higashi-Ohgishima, Futtsu, Negishi Niigata sodeshi Fukuoka, Nagasaki sodegaura, Negishi, senboku, himeji, sakai, Chita, Ohgishima Minato Chita, Kawagoe, yokkaichi hatsukaichi sakaide Niigata sodegaura, Negishi, Ohgishima, Chita, senboku Niigata Chita Pyeong-taek, in-Chon, tong-yeong Pyeong-taek, in-Chon, tong-yeong Pyeong-taek, in-Chon, tong-yeong shanghai LNG yung-An Futtsu, sodegaura, higashi-Ohgishima sodegaura, Negishi, Ohgishima hatsukaichi senboku, himeji

Buyer
tokyo Gas, Osaka Gas, tokyo electric, Kogas Kansai electric, Chubu electric, Kyushu electric, Osaka Gas, toho Gas, Nippon steel Chubu electric, Kansai electric, Osaka Gas, toho Gas Osaka Gas, tokyo Gas, toho Gas hiroshima Gas, Nippon Gas, Osaka Gas tohoku electric Kogas Kogas Posco K-Power sempra LNG CNOOC C.P.C. tokyo Gas, tokyo electric tohoku electric shizuoka Gas saibu Gas tokyo Gas, Osaka Gas, Kansai electric, toho Gas Gas Bureau, wCity of sendai Chubu electric hiroshima Gas shikoku electric Japan Petroleum exploration Co Ltd tokyo Gas, toho Gas, Osaka Gas tohoku electric toho Gas Kogas Kogas Kogas shanghai LNG Co. C.P.C. tokyo electric tokyo Gas hiroshima Gas Osaka Gas

Nominal quantity Duration Type of contract ACQ 10 6 t/year


6.01 1993/2013 d.e.s.

Comments

Br-JP

Brunei-Japan

Lumut

Brunei LNG

Br-Kr

Brunei-Korea

Lumut

Brunei LNG

0.7

1997/2013

d.e.s.

id-JP 1

indonesia-Japan

Bontang

Pertamina, total e & P indonesia, iNPex,

3.0

2011/2020 F.O.B./d.e.s.

extension

id-JP 2

indonesia-Japan

Bontang

Pertamina

3.52

1983/2003

F.O.B.

extension 2011

2.31 1994/2013 d.e.s. 0.39 0.12 2 1 0.55 0.6 3.7 2.6 1.84 7.4 0.50 0.45 0.39 1996/2015 2010/2024 1994/2014 1998/2017 2005/2024 2006/2026 2008/2029 2009/2033 1998/2017 d.e.s. extension 2018 extension 2028 2.1 1995/2015 d.e.s. 0.15 ~0.54 0.01 0.36 0.48 0.68 0.5 0.52 2 1.5 1.5 3.0 2.25 1.5 1.1 0.21 0.2 1997/2016 2011/2031 2005/2012 2010/2025 2002/2021 2004/2024 2005/2025 2007/2027 1995/2015 2003/2010 2008/2028 2009/2029 1995/2015 2007/2029 2007/2031 2008/2028 2008/2031 d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. d.e.s. F.O.B. d.e.s. F.O.B. d.e.s. d.e.s. d.e.s. d.e.s. F.O.B. F.O.B. F.O.B. F.O.B. d.e.s. F.O.B. F.O.B. d.e.s. d.e.s. d.e.s. F.O.B. F.O.B.

id-JP 3

indonesia-Japan

Bontang

Pertamina

id-JP 4 id-JP 5 id-Kr 2 id-Kr 3 id-Kr 4 id-Kr 5 id-Mx1 id-CN id-tW 2 My-JP 1 My-JP 2 My-JP 3 My-JP 6

indonesia-Japan indonesia-Japan indonesia-Japan indonesia-Japan indonesia-Japan indonesia-Japan indonesia-Mexico indonesia-China indonesia-taiwan Malaysia-Japan Malaysia-Japan Malaysia-Japan Malaysia-Japan

Bontang tanah Merah B L - Bontang Bontang tanah Merah tanah Merah tanah Merah tanah Merah Bontang Bintulu Bintulu Bintulu Bintulu

Pertamina Pertamina, tangguh PsC Contractor Parties Pertamina Pertamina tangguh PsC Contractor Parties tangguh PsC Contractor Parties tangguh PsC Contractor Parties tangguh PsC Contractor Parties Pertamina Malaysia LNG Malaysia LNG Malaysia LNG Malaysia LNG

1983/2003 F.O.B./d.e.s. 1996/2016 1996/2016 1993/2013 d.e.s. d.e.s. d.e.s.

My-JP 8

Malaysia-Japan

Bintulu

Malaysia LNG

My-JP 9 My-JP 10 My-JP 11 My-JP 12 My-JP 13 My-JP 14 My-JP 15 My-JP 16 My-Kr 1 My-Kr 2 My-Kr 3 My-CN My-tW ru-JP1 ru-JP2 ru-JP3 ru-JP4

Malaysia-Japan Malaysia-Japan Malaysia-Japan Malaysia-Japan Malaysia-Japan Malaysia-Japan Malaysia-Japan Malaysia-Japan Malaysia-Korea Malaysia-Korea Malaysia-Korea Malaysia-China Malaysia-taiwan russia-Japan russia-Japan russia-Japan russia-Japan

Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Prigorodnoye Prigorodnoye Prigorodnoye Prigorodnoye

Malaysia LNG Malaysia LNG Malaysia LNG Malaysia LNG Malaysia LNG tiGA Malaysia LNG tiGA Malaysia LNG tiGA Malaysia LNG tiGA Malaysia LNG dua Malaysia LNG tiGA Malaysia LNG tiGA Malaysia LNG tiGA Malaysia LNG dua sakhalin energy investment sakhalin energy investment sakhalin energy investment sakhalin energy investment

GiiGNL / the LNG iNdustry - 29

Ref.

Trade

Export

Seller

Import

Buyer

Nominal quantity ACQ 10 6 t/year 0.5 0.5 0.42 0.008 0.5 1.5 1.6 1

Duration

Type of contract

Comments

ru-JP5 ru-JP6 ru-JP7 ru-JP8 ru-JP9 ru-Kr ru-Mex ru-Mex

russia-Japan russia-Japan russia-Japan russia-Japan russia-Japan russia-Korea russia-Mexico russia-Mexico

Prigorodnoye Prigorodnoye Prigorodnoye Prigorodnoye Prigorodnoye sakhalin sakhalin sakhalin

sakhalin energy investment sakhalin energy investment sakhalin energy investment sakhalin energy investment sakhalin energy investment sakhalin energy sakhalin energy sakhalin energy

Oita, tobata Chita Niigata Fukuoka, Nagasaki Chita, Kawagoe,yokkaichi Pyeong-taek, in-Chon, tong-yeong energia Costa Azul energia Costa Azul

Kyushu electric toho Gas tohoku electric saibu Gas Chubu electric Kogas shell Gazprom Global LNG

2009/2031 2009/2033 2010/2029 2010/2028 2011/2026 2008/2028 2009/2028 2009/2028

d.e.s. d.e.s. F.O.B. F.O.B. d.e.s. F.O.B. d.e.s. d.e.s.

MIDDLE EAST Ae-JP Q-B Q-B Q-Ch Q-i Q- iN Q-JP 1 Abu dhabi-Japan Qatar - Belgium Qatar - Belgium Qatar-China Qatar-italy Qatar -india Qatar -Japan das island ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan Adgas rasGas rasGas ii Qatargas rasGas rasGas Qatargas higashi-Ohgishima, Futtsu Zeebrugge Zeebrugge China rovigo dahej Chita/Kawagoe, yokkaichi Niigata, Ohgishima, senboku, himeji, sakai, sodegaura, Futtsu, Chita, yanai, Mizushima, higashi-Ohgishima Pyeong-taek, in-Chon, tong-yeong Pyeong-taek, in-Chon, tong-yeong Ba.h.Cart. Ba.h.Cart. Ba.h.Cart.sag. eu taichung south hook south hook south hook sabine Pass Altamira Fos Cavaou senboku, himeji yanai, Mizushima usA/Futtsu senboku, himeji Pyeong-taek, in-Chon, tong-yeong spain, Other spanish terminals sabine Pass Gulf of Mexico Pyeong-taek, in-Chon, tong-yeong OTHER Ptf-Kr Ptf-CL Ptf - CN Ptf - Ne Portfolio-Korea Portfolio-Chile Portfolio-China Portfolio Netherlands Portfolio including equatorial Guinea BG Portfolio total Portfolio iberdrola Portfolio BG BG total Gas and Power iberdrola Pyeong-taek, in-Chon, tong-yeong Quintero China Gate Kogas Quintero LNG, Chile CNOOC dONG 1.3 1.7 1 0.72 2008/2016 2009/2030 2010/2024 2011/2021 d.e.s. d.e.s. d.e.s. d.e.s. tokyo electric distrigas edF trading CNOOC edison Petronet LNG Chubu electric tohoku electric, tokyo Gas, Osaka Gas, Kansai electric, tokyo electric, toho Gas, Chugoku electric Kogas Kogas Gas Natural Approvisionamentos Gas Natural Aprovisionamentos Gas Natural sdg endesa Gas Natural sdg C.P.C. exxonMobil exxonMobil total total total total Osaka Gas itochu Corp. Chugoku electric Mitsubishi Corp tokyo electric Osaka Gas Kogas BP union Fenosa Gas tGPL GdF sueZ Kogas 4.70 2.05 3.4 2 4.6 7.5 4 1994/2019 2007/2027 2007/2012 2009/2028 2009/2034 2004/2028 1997/2021 d.e.s. 2 1998/2021 d.e.s. 4.92 2.1 0.66 0.66 0.75 0.74 0.75 3.08 7.6 0.8 1.50 1.15 0.70 1.85 0.66 0,77 0.8 0.8 4.06 0.77 1.65 2 2.55 2 1999/2024 2007/2026 2001/2009 2002/2007 2005/2025 2005/2025 2006/2025 2008/2032 2009-2034 2099/2033 2009/2034 2009/2034 2009/2021 2009/2034 2000/2024 2006/2020 F.O.B. d.e.s. F.O.B. d.e.s. d.e.s. F.O.B. F.O.B. F.O.B. d.e.s. d.e.s. d.e.s. C.i.F. d.e.s. d.e.s. F.O.B. F.O.B. extension to mid-2012 extension to mid-2012 F.O.B. d.e.s. d.e.s. d.e.s. F.O.B. F.O.B.

Q-JP 2

Qatar -Japan

ras Laffan

Qatargas

Q-Kr1 Q-Kr2 Q-sP Q-sP Q-sP Q-sP Q-ue Q-tW Q- uK Q - uK Q- uK Q-us Q- Mex Q- F OM-JP 1 OM-JP2 OM-JP3 OM-JP4 OM-Kr 1 OM-sP OM-sP y - us y - us y-Kr

Qatar-Korea Qatar-Korea Qatar - spain Qatar - spain Qatar - spain Qatar - spain Qatar - eu Qatar-taiwan Qatar - uK Qatar - uK Qatar - uK Qatar -us Qatar - Mexico Qatar - France Oman-Japan Oman-Japan Oman-Japan/usA Oman-Japan Oman-Korea Oman-spain Oman-spain yemen - us yemen - us yemen-Korea

ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Balhaf Balhaf Balhaf

rasGas rasGas iii Qatargas Qatargas Qatargas rasGas ii Qatargas rasGas ii Qatargas ii tB Qatargas ii tB Qatargas ii tB Qatargas ii tB Qatargas ii tB Qatargas ii tB Oman LNG Oman LNG Oman LNG Qalhat LNG Qalhat LNG Oman LNG Qalhat LNG yemen LNG yemen LNG yemen LNG

2006/2020 F.O.B./d.e.s. 2009/2026 2000/2024 2004/2009 2006/2025 2009/2029 2009/2029 2008/2028 F.O.B. F.O.B. d.e.s. d.e.s. d.e.s. d.e.s. F.O.B.

30 - GiiGNL / the LNG iNdustry

sea transportation routes


Ref.
Az-Ca Az-h Az-iG Az-P Ba-Bn Ba-Bo Ba-dj Ba-Ca Ba-FC Ba-F Ba-h Ba-Me Ba-M Ba-P Ba-rg Ba-rv Ba-rt Ba-so Ba-si Ba-sa sk-Bn sk-Ca sk-h sk-P da-Bn da-Ca da-dj da-dg da-dn da-ha da-h da-rg da-rt da-si ik-Al ik-BB ik-Cr ik-Ch ik-dg ik-ei ik-FC ik-F ik-GL ik-hj ik-iC ik-Mj ik-MA ik-M ik-Ni ik-Og ik-Ot ik-Fp ik-Pt ik- rV ik-ro ik-so ik-sa ik-tb ik-yg Bk-dl Bk-dg Bk-hj Bk-iC Bk-Ni Bk-Og Bk-Ot Bk-Pt Bk-Qr Bk-sa Bk-tb Bk-ty Bk-yg Bi-At Bi-Bn Bi-BB Bi-Bo Bi-Ca Bi-CP Bi-dj Bi-dg Bi-dn Bi-es Bi-FC Bi-Fj Bi-GB Bi-ha Bi-hj Bi-h Bi -iC Bi-iG Bi-Jr Bi-Mt Bi-Me Bi-MA Bi-Mn Bi-M Bi-Ot Bi-Pc Bi-Pt Bi-rg Bi-ro Bi-Nd Bi-so Bi-sa Bi-sG

Contracts
dZ-sP dZ-sP dZ-sP dZ-i dZ-sP 1/2/3 dZ-sP 1 dZ-iN dZ-sP 1/2/3 dZ-F dZ-F 3 dZ-sP 1/2/3 dZ-tr 1 dZ-F 3 dZ-i dZ-sP dZ-Gr dZ-Nd dZ-sP dZ-P dZ-JP dZ-sP dZ-sP dZ-sP dZ-i 2/3 eG-sP eG-sP eG-iN eG-CN eG-uK eG-iN eG-sP eG-sP eG-Nd eG-P eG-tr eG-ArG eG-us eG-JP eG-CN eG-us eG-F eG-F eG-us eG-JP eG-Kr eG-CL eG-KW eG-F eG-JP eG-JP eG-JP eG-us eG-Kr eG-Gr eG-i eG-sP eG-JP eG-JP eG-tW eqG-CN eqG-CN eqG-JP eqG-Kr eqG-JP eqG-JP eqG-JP eqG-Kr eqG-CL eqG-JP eqG-JP eqG-Kr eqG-tW NiG-Mex NiG-sP NiG-ArG NiG-sP NiG-sP NiG-us NiG-iN NiG-CN NiG-uK NiG-ArG NiG-F NiG-CN NiG-Br NiG-iN NiG-JP NiG-sP NiG-Kr NiG-uK NiG-CN NiG-th NiG-tr NiG-KW NiG-du NiG-F NiG-JP NiG-Br NiG-Kr NiG-sP NiG-Gr NiG-Nd NiG-sP NiG-JP NiG-CN

Export
Arzew Arzew Arzew Arzew Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua skikda skikda skikda skikda damietta damietta damietta damietta damietta damietta damietta damietta damietta damietta idku idku idku idku idku idku idku idku idku idku idku idku idku idku idku idku idku idku idku idku idku idku idku idku idku Bioko island Bioko island Bioko island Bioko island Bioko island Bioko island Bioko island Bioko island Bioko island Bioko island Bioko island Bioko island Bioko island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island Bonny island

Import
Cartagena huelva isle of Grain Panigaglia Barcelona Bilbao dahej Cartagena Fos Cavaou Fos tonkin huelva Marmara ereglisi Montoir Panigaglia reganosa revithoussa rotterdam sagunto sines sakai Barcelona Cartagena huelva Panigaglia Barcelona Cartagena dahej dapeng, shenzhen dragon hazira huelva reganosa rotterdam sines Aliaga Bahia Blanca Cameron Chita dapeng, shenzhen elba island Fos Cavaou Fos tonkin Gulf LNG himeji in-Chon Mejilllones Mina Al Ahmadi Montoir Negishi Ohgishima Oita Port Freeport Pyeong-taek revithoussa rovigo sagunto sakai tobata yung-An dalian dapeng, shenzhen himeji in-Chon Negishi Ohgishima Oita Pyeong-taek Quintero sakai tobata tong-yeong yung-An Altamira Barcelona Bahia Blanca Bilbao Cartagena Cove Point dahej dapeng, shenzhen dragon escobar Fos Cavaou Fujian Guanabara Bay hazira himeji huelva in-Chon isle of Grain Jiangsu rudong Map ta Phut Marmara ereglisi Mina Al Ahmadi Mina Jebel Ali Montoir Oita Pecem Pyeong-taek reganosa revithoussa rotterdam sagunto sakai shanghai

miles
113 691 1675 684 343 1118 4421 113 520 530 373 1500 1260 461 945 1270 1714 243 568 9491 351 388 716 456 1554 1677 3142 6556 3041 3153 1984 2580 3346 2182 603 7490 6481 7990 6665 5495 1430 1440 6405 7911 7768 10439 3414 2771 8104 8111 7766 6640 7764 540 1299 1571 7907 7607 6824 10602 9516 10781 10651 10955 10897 10616 10648 6752 10758 10591 10578 9657 6214 3824 4662 3914 3574 5256 7136 9328 4206 4995 4091 10054 3422 7053 10790 3359 10390 4469 10230 8708 5059 7588 7209 3980 10626 2811 10657 3746 4899 4493 3686 10767 10328

Ref.
Bi-si Bi-tb Bi -ty Bi-yg Bi-Z hm-Ba hm-Ca hm-Bo hm-CP hm-dj hm-dn hm-FC hm-hj hm-h hm-iC hm-iG hm-M hm-Ot hm-PC hm-Pt hm-rg hm-rt hm-ro hm-sP hm-so hm-si hm-tb hm-ty hm-yg MB-Bn MB-Ca MB-h di-dj di-ha di-MA K-hj K-Jr K-sG K-sd PF- BB PF-Bn PF-Bo PF-Cr PF-Ct PF-Ca PF-dj PF-dg PF-dn PF-ei PF-es PF-e PF-FC PF-Fj PF- GB PF-GL PF-hj PF-h PF-iC PF-iG PF-LC PF-Mj PF-MA PF-M PF-Pc PF-Pn PF-Fp PF- PC PF-Pt PF-Qr PF-rg PF- rV PF-rt PF-ro PF-sP PF-sa PF-ty PF-yg PF-Z Lu-hj Lu-iC Lu-Ni Lu-Pt Lu-sb Lu-sd Lu-ty Bu-Ch Bu-dj Bu-dg Bu-Fk Bu-Fu Bu-hO Bu-hj Bu-iC Bu-Jr Bu-MA Bu-Mn Bu-Nk Bu-Ni Bu-Nt Bu-Og Bu-Pt Bu-sa Bu-sb Bu-st Bu-sG

Contracts
NiG-P NiG-JP NiG- Kr NiG-tW NiG-B NO-sP NO-sP NO-sP NO-us NO-iN NO-uK NO-F NO-JP NO-sP NO-Kr NO-uK NO-F NO-JP NO-dr NO-Kr NO-sP NO-rt NO-i NO-us NO-sP NO-P NO-JP NO-Kr NO-tW Ly-sP Ly-sP Ly-sP Ae-iN Ae-iN Ae-KW us-JP us-CN us-CN us-JP tt-ArG tt-sP tt-sP tt-us tt-Ca tt-sP tt-iN tt-CN tt-uK tt-us tt-ArG tt-us tt-F tt-CN tt-Br tt-us tt-JP tt-sP tt-Kr tt-uK tt-us tt-CL tt-KW tt-F tt-Br tt-Pr tt-us tt- dr tt- Kr tt-CL tt-sP tt-Gr tt-Nd tt-i tt-us tt-JP tt-Kr tt-tW tt-B Br-JP Br-Kr Br-JP Br-Kr Br-JP Br-JP Br-Kr My-JP 8 My-iN My-CN My-JP 6 My-JP 1 My-JP 1 My-JP My-Kr My-CN My-KW My-du My-JP 6 My-JP 1/8 My-JP 2 My-JP 1/8 My-Kr My-JP 8 My-JP 8 My-CN My-CN

Export
Bonny island Bonny island Bonny island Bonny island Bonny island hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest hammerfest Marsa-el-Brega Marsa-el-Brega Marsa-el-Brega das island das island das island Kenai Kenai Kenai Kenai Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Lumut Lumut Lumut Lumut Lumut Lumut Lumut Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu

Import
sines tobata tong-yeong yung-An Zeebrugge Barcelona Cartagena Bilbao Cove Point dahej dragon Fos Cavaou himeji huelva in-Chon isle of Grain Montoir Oita Punta Caucedo Pyeong-taek reganosa rotterdam rovigo sabine Pass sagunto sines tobata tong-yeong yung-An Barcelona Cartagena huelva dahej hazira Mina Al Ahmadi himeji Jiangsu rudong shanghai sodegaura Bahia Blanca Barcelona Bilbao Cameron Canaport Cartagena dahej dapeng, shenzhen dragon elba island escobar everett Fos Cavaou Fujian Guanabara Bay Gulf LNG himeji huelva in-Chon isle of Grain Lake Charles Mejilllones Mina Al Ahmadi Montoir Pecem Penuelas Port Freeport Punta Caucedo Pyeong-taek Quintero reganosa revithoussa rotterdam rovigo sabine Pass sakai tong-yeong yung-An Zeebrugge himeji in-Chon Negishi Pyeong-taek senboku sodegaura tong-yeong Chita dahej dapeng, shenzhen Fukuoka Futtsu higashi-Ohgishima himeji in-Chon Jiangsu rudong Mina Al Ahmadi Mina Jebel Ali Nagasaki Negishi Niigata Ohgishima Pyeong-taek sakai senboku shanghai Mengtougou shanghai

miles
3417 10600 10354 9440 4424 3155 2885 2045 3975 7665 1599 3349 12344 2594 12214 1423 1889 12180 4613 12211 2048 1401 4196 5455 3065 2398 12154 12140 11238 1068 1175 1496 1227 1244 390 3727 4190 4235 3300 4628 3976 3669 2201 2150 3701 8463 12479 3734 1690 4920 2032 4147 13007 3245 1978 9230 3417 9685 4064 2247 7596 10541 1618 1732 560 2272 679 9685 7051 3452 4965 4102 5180 2247 13721 9303 10174 3985 2999 2850 2416 2850 2405 2430 2014 2395 3337 1256 2160 2505 2530 2400 2124 2205 4479 4101 2151 2513 2511 2530 2124 2376 2376 1942 1942

GiiGNL / the LNG iNdustry - 31

Ref.
Bu-sd Bu-sh Bu-tb Bu-ty Bu-yg Bt-Ch Bt-Fj Bt-hk Bt-hj Bt-iC Bt-Kg Bt-Kw Bt-Mt Bt-Ni Bt-Nt Bt-Og Bt-Ot Bt-Pt Bt-sa Bt-sb Bt-sd Bt-tb Bt-ty Bt-yk Bt-yg BL-Fu BL-hO BL-Pt BL-ty tg-Ch tg-eC tg-Fj tg-Gy tg-iC tg-Jo tg-Nt tg-Og tg-Ot tg-Pt tg-Qr tg-sb tg-yg rL-Al rL-At rL-BB rL-Bn rL-Bo rL-Ct rL-Ca rL-Ch rL-dj rL-dl rL-dg rL-dn rL-el rL-es rL-FC rL-GP rL-GB rL-ha rL-hj rL-h rL-iC rL-iG rL-Jr rL-Kw rL-Mt rL-MA rL-Mn rL-Mz rL-M rL-Og rL-P rL-Pc rL-Pt rL-Qr rL-rg rL-rV rL-rt rL-ro rL-sP rL-so rL-sa rL-sb rL-sG rL-si rL-sd rL-su rL-ta rL-ty rL-ya rL-yg rL-yk rL-Z Qt-Bn Qt-Ca Qt-Ch Qt-dj Qt-hj Qt-iC Qt-Mz Qt-Pt Qt-sa Qt-sb Qt-ty Qt-ya Qt-yg si-Ch sl-dg si-Fj si-Fu si-hk si-hj si-hO si-iC

Contracts
My-JP 1/8 My-JP 3 My-JP My-Kr My-tW id-JP1/3/8/12 id-CN id-JP 9 id-JP 1/3/8 id-Kr 1/2/7 id-JP 9 id-JP 1/3/11 id-th id-JP 1/3/8 id-JP id-JP 8 id-JP 1 id-Kr 1/2/7 id-JP id-JP 1/3/8 id-JP 8 id-JP 1 id-Kr 1/2/7 id-JP 1/3 id-tW id-JP id-JP 2 id-Kr 1/2/7 id-Kr 1/2/7 id-JP id-Mex id-CN id-Kr id-Kr id-JP id-JP id-JP id-JP id-Kr id-CL id-JP id-tW Q-tr Q-Mex Q-ArG Q-sP Q-sP Q-Ca Q-sP Q-JP 1 Q- iN Q-CN Q-CN Q-uK Q-us Q-ArG Q-F Q-us Q-Br Q-iN Q-JP 2 Q-sP Q-Kr Q-uK Q-CN Q-JP 1 Q-th Q-KW Q-du Q-JP Q-F Q-JP Q-i Q-Br Q-Kr Q-CL Q-sP Q-Gr Q-Nd Q-i Q-us Q-sP Q-JP Q-JP 2 Q-CN Q-P Q-JP 2 Q-uK Q-tW Q-Kr Q-JP 2 Q-tW Q-JP 1 Q-B Om-sP Om-sP Om-JP Om-iN Om-JP 1 Om-Kr Om-JP2 Om-Kr Om-JP Om-JP 1 Om-Kr Om-JP Om-tW ru-JP ru-CN ru-CN ru-JP ru-JP ru-JP ru-JP ru-Kr

Export
Bintulu Bintulu Bintulu Bintulu Bintulu Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Blang Lancang (Arun) Blang Lancang (Arun) Blang Lancang (Arun) Blang Lancang (Arun) tangguh tangguh tangguh tangguh tangguh tangguh tangguh tangguh tangguh tangguh tangguh tangguh tangguh ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan ras Laffan Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii

Import
sodegaura sodeshi tobata tong-yeong yung-An Chita Fujian hatsukaichi himeji in-Chon Kagoshima Kawagoe Map ta Phut Negishi Niigata Ohgishima Oita Pyeong-taek sakai senboku 2 sodegaura tobata tong-yeong yokkaichi yung-An Futtsu higashi-Ohgishima Pyeong-taek tong-yeong Chita energia Costa Azul Fujian Gwangyang in-Chon Joetsu Niigata Ohghishima Oita Pyeong-taek Quintero senboku 2 yung-An Aliaga Altamira Bahia Blanca Barcelona Bilbao Canaport Cartagena Chita dahej dalian dapeng, shenzhen dragon elba island escobar Fos Cavaou Golden Pass Guanabara Bay hazira himeji huelva in-Chon isle of Grain Jiangsu rudong Kawagoe Map ta Phut Mina Al Ahmadi Mina Jebel Ali Mizushima Montoir Oghishima Panigaglia Pecem Pyeong-taek Quintero reganosa revithoussa rotterdam rovigo sabine Pass sagunto sakai senboku shanghai sines sodegaura south hook taichung tong-yeong yanai yung-An yokkaichi Zeebrugge Barcelona Cartagena Chita dahej himeji in-Chon Mizushima Pyeong-taek sakai senboku tong-yeong yanai yung-An Chita dapeng, shenzhen Fujian Futtsu hatsukaichi himeji higashi-Ohgishima in-Chon

miles
2515 2378 2210 1674 1350 2500 1856 2412 2400 2493 2211 2510 1610 2573 2857 2560 2413 2493 2385 2385 2566 2370 2043 2510 1455 3504 3456 3149 2699 2569 6850 2227 2548 2736 2965 3036 2339 2458 2734 9135 2458 1972 3722 9922 8630 4710 5925 8007 4817 6446 1290 5935 5098 6184 8716 9023 4684 9824 8197 1236 6350 5134 6156 6428 5825 6448 4326 354 231 6316 6015 6513 4774 8621 6156 10040 5689 3696 6509 4438 9796 4719 6347 6347 5901 5291 6576 6137 5229 5706 6170 5230 6448 6277 4159 4260 6032 773 5838 5750 5873 5750 5812 5812 5300 5700 4719 1085 2244 2063 1065 1105 1196 1067 1763

Ref.
si-Jr si-Kw si-Mt si-Nk si-Ni si-Ni si-Og si-Ot si-Pt si-sa si-sb si-sG si-sd si-sh si-tb si-ty sl-yg Bf-At Bf-Ch Bf-dg Bf-e Bf-FC Bf-Fj Bf-ha Bf-iC Bf-iG Bf-Jr Bf-Kw Bf-M Bf-Fp Bf-Pt Bf-sP Bf-ty Bf-yg Bf-Z WB-Ch WB-dg WB-dj WB-Fj WB-hj WB-iC WB-Kg WB-Kw WB-MA WB-Mz WB-Ni WB-Nt WB-Og WB-Ot WB- Pt WB-sa WB-sb WB-sd WB- tb WB-ty WB-ya WB-yk dw-Mn dw-Ni dw-og dw-sa dw-yg Pm-At Pm-Bn Pm-Bo Pm-Cr Pm-Ca Pm-dg Pm-h Pm-iC Pm-Kw Pm-Mt Pm-Fp Pm-Pt Pm-rg Pm-so Pm-sG Pm-yg

Contracts
ru-CN ru-JP ru-th ru-JP ru-JP ru-JP ru-JP ru-JP ru-Kr ru-JP ru-JP ru-CN ru-JP ru-JP ru-JP ru-Kr ru-tW ym-Mex ym-JP ym-CN ym-us ym-F ym-CN ym-iN ym-Kr ym-uK ym-CN ym-JP 1 ym-F ym-us ym-Kr ym-us ym-Kr ym-tW ym-B Au-JP Au-CN Au-iN Au-CN Au-JP Au-Kr Au-JP Au-JP Au-KW Au-JP Au-JP Au-JP Au-JP Au-JP Au-Kr Au-JP Au-JP Au-JP Au-JP Au-Kr Au-JP Au-JP Au-du Au-JP Au-JP Au-JP Au-tW Pr-Mex Pr-sP Pr-sP Pr-us Pr-sP Pr-CN Pr-sP Pr-Kr Pr-JP Pr-th Pr-us Pr-Kr Pr-sP Pr-sP Pr-CN Pr-tW

Export
sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii sakhalin ii Balhaf Balhaf Balhaf Balhaf Balhaf Bahalf Balhaf Balhaf Balhaf Balhaf Balhaf Balhaf Balhaf Balhaf Balhaf Balhaf Balhaf Balhaf Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay darwin darwin darwin darwin darwin Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita

Import
Jiansu rudong Kawagoe Map ta Phut Nagasaki Negishi Niigata Ohgishima Oita Pyeong-taek sakai senboku shanghai sodegaura sodeshi tobata tong-yeong yung-An Altamira Chita dapeng, shenzhen everett Fos Cavaou Fujian hazira in-Chon isle of Grain Jiangsu rudong Kawagoe Montoir Port Freeport Pyeong-taek sabine Pass tong-yeong yung-An Zeebrugge Chita dapeng, shenzhen dahej Fujian himeji in-Chon Kagoshima Kawagoe Mina Al Ahmadi Mizushima Negishi Niigata Ohgishima Oita Pyeong-taek sakai senboku sodegaura tobata tong-yeong yanai yokkaichi Mina Jebel Ali Negishi Ohgishima sakai yung-An Altamira Barcelona Bilbao Cameron Cartagena dapeng, shenzhen huelva in-Chon Kawagoe Map ta Phut Port Freeport Pyeong-taek reganosa sagunto shanghai yung-An

miles
1410 1029 3356 1120 1010 581 964 1061 1763 1176 1233 1444 1020 934 981 1363 1967 8313 6433 5108 6373 2993 5634 1703 6243 4735 5802 6435 4505 8146 6025 8118 5625 5268 4690 3612 2770 3857 3053 3596 3613 3334 3622 5041 3638 3664 3995 3683 3460 3613 3570 3570 3692 3585 3526 3491 3668 5231 3017 3055 3088 2430 10298 9566 9639 10215 9292 9603 9053 9274 8576 11027 10236 9266 9405 9451 9325 9740

Inter-Trade
Cartagena Cartagena huelva huelva reganosa reganosa reganosa reganosa Zeebrugge Zeebrugge Zeebrugge Zeebrugge Zeebrugge Zeebrugge Zeebrugge Cameron Cameron Port Freeport Port Freeport Port Freeport Port Freeport sabine Pass sabine Pass sabine Pass sabine Pass sabine Pass sabine Pass sabine Pass sabine Pass sabine Pass sabine Pass energia Costa Azul Guanabara Bay Panigaglia escobar Panigaglia escobar Panigaglia escobar Mina Al Ahmadi yung-An Bilbao huelva himeji higashi-Ohgishima Pyeong-taek rotterdam sagunto Bilbao himeji dahej Guanabara Bay Gwangyang in-Chon Cartagena dahej Fujian Guanabara Bay Gwangyang isle of Grain in-Chon Pecem sagunto Quintero Quintero Mina Al Ahmadi 637 5526 1914 5325 1485 5598 5735 9164 806 1222 11081 11262 10948 101 1705 4723 9506 9710 5306 6102 4300 10118 9649 10344 10252 4453 4165 15432 3336 14200 4113 4679 8375

32 - GiiGNL / the LNG iNdustry

Photos: Gate Terminal B.V., Petrobras, ConocoPhillips, Royal Dutch Shell, Dubai Supply Authority, Fluxys.

International Group of Liquefied Natural Gas Importers


Jean-Yves Robin Vincent Demoury

1 rue dAstorg - 75392 Paris Cedex 08 - France Tel: 33 (0) 1 49 24 74 74 - Fax: 33 (0) 1 49 24 74 69 E-mail: central-office@giignl.org - web site: www.giignl.org

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