lng brochure
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Some concepts about LNGTRANSCRIPT
LNG - fueling the future
The growing role for LNG
As economies grow, and as billions around the world strive to attain an improved standard of living for themselves and their children, the demand for energy rises. In fact, global energy demand is expected to be about 35 percent higher in 2030 than it was in 2005.
Natural gas is projected to be the fastest-growing major fuel source through 2030 because it is cleaner-burning, reliable and abundant.
Additionally, advances in technology have made it economical to ship natural gas all over the world, making it a truly global resource.
By transforming gas from its natural state into liquefied natural gas (LNG), it can be delivered via tanker from distant production areas to markets that need it. Given its flexibility, environmental benefits and large resource base, LNG is a natural choice to help meet the world’s growing energy needs.
An industry leader for more than 35 years
ExxonMobil has significant experience in the LNG business, with more than 35 years of LNG project development. We were involved in one of the world’s first LNG facilities – PT Arun in Indonesia.
Together with our valued partners, ExxonMobil has been a driving force in transforming the LNG market into a more efficient, global business.
Our experience spans the entire value chain, including natural gas fields and liquefaction, shipping, regasification terminals, and LNG and gas marketing. Successfully linking these individual elements distinguishes us from our competitors and provides a reliable offering to suppliers and buyers.
We can also market regasified LNG volumes across the globe by utilizing our extensive network of gas marketing organizations.
ExxonMobil has demonstrated expertise in all aspects of the LNG value chain. Successful implementation of the full value chain proposition requires
unwavering focus on:
strong partnerships | long-term vision | technological innovationextraordinary fiscal investments | safety and environmental leadership
project execution and operational excellence | comprehensive market knowledge
LNG value chain
Gas production Natural gas is produced from subsurface reservoirs both onshore and offshore.
In 2010, ExxonMobil produced almost 15 billion cubic feet per day of natural gas in 31 countries.
LNG is transported at a constant temperature and pressure by dedicated carriers, designed and built to meet the most rigorous safety standards.
Together with its joint venture partners, ExxonMobil delivered LNG to 19 countries around the world in 2010.
LNG shipping
Regasification terminals warm the LNG to a temperature at which it reverts to its gaseous state. It then can enter the national gas transmission system of the importing country.
ExxonMobil has interests or leased capacity in five regasification terminals in Europe, Asia and the United States.
Regasification
LNG trains condense natural gas into a liquid at atmospheric pressure by cooling it to -260° F. Natural gas in liquefied form takes up about 1/600th less space than in gaseous form.
ExxonMobil, together with its partners, had an LNG production capacity of approximately 65 million tonnes per annum (MTA) at the end of 2010.
Gas liquefaction
Qatargas and RasGas• ExxonMobilhasinterestsin12trainsthroughparticipationintwoQatargasjoint
ventures and three RasGas joint ventures
• Productionfromtheseventuresismorethan61MTA
• Locatedabout50milesnortheastofDohainRasLaffanIndustrialCity
• Helpingtodeveloptheworld’slargestnonassociatedgasfield,withreservesinexcess of 900 trillion cubic feet
Adriatic LNG Terminal• World’sfirstoffshoregravity-basedstructureLNGstorageandregasification terminal
• Located10milesofftheVentocoastline,NorthAdriaticSea,Italy
• Named2010BestInfrastructureProjectoftheYearbyPlattsGlobalEnergy Awards
• 775millioncubicfeetperdayregasificationcapacity
• Suppliesapproximately10percentofItaly’snaturalgasconsumption
• OwnedbyaffiliatesofQatarPetroleum,ExxonMobilandEdison
South Hook LNG Terminal• Europe’slargestLNGterminal
• LocatedonthesiteoftheformerEssorefineryatMilfordHaveninSouth West Wales (U.K.)
• 2.1billioncubicfeetperdayregasificationcapacity
• ProvidesakeygasentrypointforwesternEuropeviathenationalgridgas system
• OwnedbyaffiliatesofQatarPetroleum,ExxonMobilandTotal
Golden Pass LNG Terminal• Oneoftheworld’slargestLNGterminals
• LocatednearSabinePass,Texas
• 2billioncubicfeetperdayregasificationcapacity
• ProvidesaccesstoNorthAmericanmarkets
• OwnedbyaffiliatesofQatarPetroleum,ExxonMobilandConocoPhillips
ExxonMobil’s LNG joint ventures and projects around the world
PNG LNG Project• Featuresliquefactionandstoragefacilitieswith6.6MTAcapacity
• LocatedintheSouthernHighlandsandWesternProvince,Papua New Guinea (PNG)
• Overthelifeoftheproject,9trillioncubicfeetofnaturalgasisexpected to be produced and sold
• Theprojecthasreceivedseveralfinancingawards,including2010GlobalDealoftheYearbyInfrastructureJournal
• FirstLNGdeliveriesexpectedtobeginin2014
• OwnedbyaffiliatesofExxonMobil,OilSearchLimited,NationalPetroleum CompanyofPNG,Santos,JXNipponOilandGasExploration,MineralResourcesDevelopmentCompanyandPetrominPNGHoldingsLimited
Gorgon Jansz LNG Project• LargestsingleresourceprojectinAustralia
• Locatedabout81milesoffthenorthwestcoastofwesternAustralia
• Featuresliquefactionfacilitieswith15MTAcapacity
• Elevengasfieldscontainanestimatedtotalrecoverableresourceof40trillioncubicfeet
• OwnedbyaffiliatesofChevron,ExxonMobil,Shell,OsakaGas,Tokyo Gas and ChubuElectricPower
PT Arun LNG Plant• Oneoftheworld’sfirstLNGfacilities
• LocatedintheIndonesianprovinceofAceh
• Hassuppliedmorethan4,000cargoessince1978
• Featuresliquefactionfacilitieswith1.5MTAcapacity
• OperatedbyacompanyownedbyaffiliatesofPertamina,ExxonMobilandJapan
Indonesia LNG Company
Shimizu LNG Terminal• Featuresthreein-groundtankswithstoragecapacityof337thousandcubic meters
• LocatedonaformerTonenGeneralSekiyu(anExxonMobilaffiliate)refinerysiteinShizuoka,betweenTokyoandNagoya,Japan
• Beganoperationsin1996;thethirdtankexpansionwascompletedin2010
• OwnedbyShizuokaGasandTonenGeneralSekiyu
and projects around the world
ExxonMobil has recently increased its investments in the research and development of energy-related technologies to approximately $1 billion annually – the largest of any international oil company.
Economies of scale make a real difference in the LNG business, and encouraging innovation through investment is the first step toward the next technological breakthrough.
WithourpartnerQatarPetroleum,wehaveincreased the size of liquefaction trains to nearly four times that of previous trains.
We also helped develop LNG tankers that are capableofcarryingupto80percentmore
natural gas than a conventional LNG ship. Thelargestoftheseships,theQ-Max,hasmore than 265,000 cubic meters of capacity.
In addition to the size advantage, the ships also feature several new enhancements. These include onboard reliquefaction units, slow-speed diesel engines, twin propellers and rudders, and the largest shipboard LNG tanks ever built.
Such advances in technology have underpinned the creation of a global LNG market. As a proven industry leader and innovator, ExxonMobil is well-positioned to help fuel the future with LNG.
Advancing LNG technology with our partners
5959LasColinasBoulevard
Irving,Texas75039-2298
Asusedinthisbrochure,thereferencetoExxonMobilmeansExxonMobilCorporationoroneormoreofaffiliatedentities.
www.exxonmobil.com/LNG