Transcript Document

Investment in LNG
Different approaches
in EU
FRANCISCO DE LA FLOR - GLE PRESIDENT
22/11/2007
26/04/2007
GIE Annual Conference
GLE
2007- Madrid
1
LNG Increasing Demand
SOURCE: TOTAL
22/11/2007
26/04/2007
GIE Annual Conference
GLE
2007- Madrid
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LNG Infrastructures in the World 2007
x27
SOURCE: PETROLEUM ECONOMIST &
LNG JOURNAL
22/11/2007
26/04/2007
(58)
(35-40)
(70-80)
(21)
(40-50)
Existing LNG Terminals
LNG Terminals under construction / committed
LNG Terminals planned/under study
Existing Liquefaction Terminals
Liquefaction Terminals under construction/planned/under study
GIE Annual Conference
GLE
2007- Madrid
3
bcm
LNG Increasing Demand
in OCDE Countries
600
400
60-100 bcm
80-160 bcm
2010
2015
200
0
2005
Regional Production
LNG Imports
Pipeline Imports
SOURCE: NATURAL GAS MARKET REVIEW 2007, IEA
22/11/2007
26/04/2007
GIE Annual Conference
GLE
2007- Madrid
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LNG Terminals in Europe
15
Existing LNG
Terminals
8
LNG Terminals
under
construction/
commmitted
23
LNG Terminals
under
study/planned
- LNG plays different roles in each EU country.
- LNG regulation differs in each MS depending on
national needs and particularities.
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26/04/2007
GIE Annual Conference
GLE
2007- Madrid
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Different Approaches:
SPAIN
Gijón - ENAGAS
SEND-OUT (m3/h)
Ferrol - REGANOSA
SEND-OUT (m3/h)
412.000
Nº TANKS
2
3
STORAGE (m LNG) 300.000
Nº TANKS
STORAGE (m3 LNG)
800.000
2
300.000
Bilbao - BBG
1.200.000
Nº TANKS
3
STORAGE (m3 LNG) 300.000
SEND-OUT (m3/h)
Barcelona - ENAGAS
SEND-OUT (m /h) 1.700.000
•Tenerife
Demand
Growth (PowerGen + Backing-up Renewables)
- GASCAN
3
6
STORAGE (m3 LNG) 540.000
Nº TANKS
•
Full r-TPA1without exemptions
Nº TANKS
SEND-OUT
(m3/h)
STORAGE (m3
LNG)
150.000
150.000
• Government’s Infrastructure Mandatory Planning
Sagunto - SAGGAS
SEND-OUT (m3/h)
•Gran
LNG
terminals considered Basic Infrastructures
Nº TANKS as
Canaria-GASCAN
STORAGE (m LNG)
Pipelines
and UGSs.
SEND-OUT
(m /h)
150.000
(1)
(1)
3
3
800.000
2
300.000
1
Nº TANKS
3
STORAGE (m LNG) 150.000
EXISTING
COMMITTED/ UNDER CONSTRUCTION
UNDER STUDY/PLANNED
UNDER EXPANSION PROCESS
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Huelva- ENAGAS
1.200.000
Nº TANKS
4
STORAGE (m3 LNG) 470.000
SEND-OUT (m3/h)
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Cartagena- ENAGAS
1.200.000
Nº TANKS
3
STORAGE (m3 LNG) 290.000
SEND-OUT (m3/h)
6
Spanish LNG Infrastructures
to 2011
Regasification Capacity
Storage Capacity
Number of tanks
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26/04/2007
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GLE
2007- Madrid
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Different Approaches:
UNITED KINGDOM
Anglesey
•
Cover Increasing Dependency on gas importsCanvey Island
SouthHook – SOUTHOOK LNG
2.400.000
•Nº TANKS
Allow Supply
Diversification
5
SEND-OUT (m3/h)
775.000
• All terminals exempted
STORAGE (m3 LNG)
Isle of Grain - NGC
708.000
Nº TANKS
4
3
STORAGE (m LNG) 200.000
SEND-OUT (m3/h)
Dragon – DRAGON LNG
EXISTING
COMMITTED/ UNDER CONSTRUCTION
UNDER STUDY/PLANNED
UNDER EXPANSION PROCESS
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SEND-OUT (m3/h)
Nº TANKS
STORAGE (m3 LNG)
1.050.000
3
504.000
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DIFFERENT APPROACHES:
ITALY
Trieste
Zaule
Panigaglia - SRG
439.000
Nº TANKS
2
3
STORAGE (m LNG) 100.000
SEND-OUT (m3/h)
Adriatic – ADRIATIC LNG
SEND-OUT (m3/h)
Toscana Offshore
Nº TANKS
• Cover Increasing Dependency
STORAGE (m3 LNG)
1.000.000
2
250.000
Rosignano
Brindisi
• New
terminals almost completely exempted (80%)
SEND-OUT (m3/h)
Nº TANKS
• Many projects announced, only few in progress
STORAGE (m3 LNG)
1.300.000
4
640.000
Porto Empedocie
Taranto
EXISTING
COMMITTED/ UNDER CONSTRUCTION
UNDER STUDY/PLANNED
UNDER EXPANSION PROCESS
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Priolo
San Ferdinando
Gioia Tauro
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DIFFERENT APROACHES:
FRANCE
Le Havre
Dunkerque
Montoir - GdF
Fos Cavaou – STMFC
SEND-OUT (m3/h)
1.380.400
Nº TANKS
3
3
STORAGE (m LNG) 360.000
• Supply diversification
• r-TPA
Le Verdon
for existing terminals
SEND-OUT (m3/h)
Nº TANKS
STORAGE (m3 LNG)
• New terminals exempted/regulated ?
1.160.000
3
330.000
Fos Tonkin - GdF
Le Verdon
150.000
Nº TANKS
3
3
STORAGE (m LNG) 150.000
SEND-OUT (m3/h)
Fos-sur-Mer
EXISTING
COMMITTED/ UNDER CONSTRUCTION
UNDER STUDY/PLANNED
UNDER EXPANSION PROCESS
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DIFFERENT APROACHES:
BELGIUM
Zeebrugge – FLUXYS LNG
SEND-OUT (m3/h)
Nº TANKS
STORAGE (m3 LNG)
750.000
3
261.000
• Strategic Geographic situation (Zeebrugge Hub)
• Transition to multi-shipper environment
• r-TPA with long term contracts
EXISTING
COMMITTED/ UNDER CONSTRUCTION
UNDER STUDY/PLANNED
UNDER EXPANSION PROCESS
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Other Approaches:
PORTUGAL AND GREECE
Sines – REN ATLANTICO
SEND-OUT (m3/h)
Nº TANKS
STORAGE (m3 LNG)
900.000
2
240.000
• Security and diversification of Supply
• Regulated terminals
• r-TPA
Revithoussa - DESFA
SEND-OUT (m3/h)
Nº TANKS
STORAGE (m3 LNG)
240.000
2
130.000
EXISTING
COMMITTED/ UNDER CONSTRUCTION
UNDER STUDY/PLANNED
UNDER EXPANSION PROCESS
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GIE Annual Conference
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2007- Madrid
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Other Approaches (II):
GERMANY
THE NETHERLANDS
WILHELMSHAFEN
GATE TERMINAL
POLAND
EEMSHAVEN
SWINOUJSCIE
LIONGAS
• Supply diversification.
• Exempted terminals with long-term contracts.
• Long permits/authorisations/exemptions phase.
CROATIA
OMISALJ
CYPRUS
EXISTING
COMMITTED/ UNDER CONSTRUCTION
VASSILIKO
UNDER STUDY/PLANNED
UNDER EXPANSION PROCESS
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EU FUTURE LNG INVESTMENTS
2007-2012
bn € 14
12
10
• Significant
Investments ongoing
8
• Allowing
6 Supply Diversification
• Increasing
Gas Supply competition
4
2
• Long-term
Commitment (regulatory and/or contractual)
0
Existing
(Expansion)
Committed/ Under
construction
Planned/ Under
study
SOURCE: GLE MAP & ROUGH INTERNAL ASSESSMENT
22/11/2007
26/04/2007
GIE Annual Conference
GLE
2007- Madrid
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THANK YOU FOR
YOUR KIND
ATTENTION!
22/11/2007
26/04/2007
GIE Annual Conference
GLE
2007- Madrid
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