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The changing LNG Demand and Supply Outlook
Jérôme Ferrier
President IGU
September 24, 2014
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China leads the gas demand growth to 2020
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Source: IEA
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Natural gas demand in Asia-Pacific 1990-2016
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Source: IEA
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Americas and Australia are the largest contributors
to global gas incremental supply BP (2013)
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Source: IEA
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Export tight LNG supply until 2020
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Source: IEA
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Pipeline and LNG trade in Asia-Pacific 2000-2017
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Source: IEA
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LNG market has tightened
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Source: BG Group
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North American LNG Imports and Exports to 2025
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Source: Oxford Institute for Energy Studies (OIES)
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Break-even Destination Market Prices for US LNG
to Europe and Asia
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Source: Henderson (2013) and OIES
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Liquefaction Unit Cost of Construction 1969-2015
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Source: Oxford Institute for Energy Studies (OIES)
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Regional Contract Pricing Prevailing Structure
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Source: Poten & Patners Inc New York
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Market based pricing of gas in three main
consuming regions
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Source: IGU
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Structural ongoing Changes in Gas Pricing in Asia
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2015 World Gas Conference
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