Lng outlook to 2020 report summary the market looks increasingly oversupplied in the near term with 62 mt of additional supplies coming online between 2016 to 2018. The lng market should finally get exposure to chinese growth china has until recently been nonexistent in the lng market hinas share of global lng imports reached 5% in 2011 and should be set for rapid growth going forward, reaching 12% by 2015 chinese regas capacity increases 27% p. Fereidun fesharaki, chairman february 15, 2016 perth, australia this presentation material contains confidential and privileged information intended solely for the recipient. The outlook for global lng markets in 2017 youtube. This netback price series takes into account the export parity price of gas entering the global market from key gladstone lng projects. Liquefied natural gas lng shell lng outlook 2020 global demand for liquefied natural gas lng grew by 12. Regasification terminals heat the liquefied natural gas lng to restore the delivered volumes to a gaseous state before pipelines. Global lng market trends, outlook, strategies and growth. Global industry analysis, size, share, growth, trends, and forecast, 2014 2025 published by. The lng market outlook presentation can be downloaded after free registration. Global lng bunkering market outlook, trend and opportunity.
Sep 22, 2017 in contrast, smaller lng projects including flng have gained traction towards an fid. The dissemination, distribution, or copying by any means whatsoever without fges prior written consent is strictly prohibited. Lng market outlook report for 2018 to 2030 coming from a ships agency perspective, we aim to capture a holistic view of the lng industrys upstream to downstream supply chain by highlighting the movements of key players in various locations. The report provides insights into the lng market outlook through quantitative and qualitative analysis on annual supply demand outlook, the short and long term impact of oil price decline, new. Overview of asian market traditionally major lng buyers since the inception of international lng business in the 1960s.
We forecast gas demand and then use our infrastructure and contract models to forecast supplyanddemand balances, corresponding gas flows, and pricing implications to 2035. China, india new lng buyers singapore jurong island, 2q 20, malaysia melaka, 2012. Lng outlook to 2020 report summary the market looks increasingly oversupplied in the near term with 62 mt of additional supplies. The future of global lng markets to 2020 supply, demand. Lng market outlook up to 2018 ken koyama, ieej, november 8th, 2017 lng supplies continues to be abundant up to 2018 and beyond due mainly to substantial increase in supplies from new projects million tonnes 263 6 263 6 275. Jun 19, 2016 liquefied natural gas lng export capacity planned in times of booming demand and higher gas prices is still coming onstream despite much less favourable market conditions now. Jan 28, 2015 lng market outlook 2015 presentation focus on the key developments happened in the lng industry last year and covers major lng topics such as lng prices, new lng capacities, lng trade. Under construction demand supply pacific basin atlantic basin pacific basin atlantic basin intl. Gaslogs lng market update and outlook thursday, 03 august 2017 later this year, wheatstone in australia and cove point on the us east coast are expected to come on stream, gaslog said in its second quarter results roundup.
Mar 09, 2018 europe expected to double lng imports by 2020. How latin america and the caribbean can benefit from the us shale boom 3 however, the nearterm outlook for global lng markets, and us lng exports in particular, is less favorable than previous estimates suggested. An overview of the global lng market and future outlook. Global lng outlook emerging market demand growth continues europe to provide swing demand due to market access and flexibility future supply gap. Lng editor ed cox and deputy editor josie shillito discuss in this video the likely major trends ranging. Meanwhile, the current oversupply may be making it difficult for lng facilities to operate at their full capacity. These will bring downward pressure on lng price and facilitate shorttermspot trade. Outlook for the global lng bunkering market growth by 2025. Figure 1 shows queenslands gas demand and projected gas demand for lng export. Floating lng regasification is used to meet rising natural gas demand in smaller markets today in energy u. We expect our australian lng export price indicator to finish 2017 at around aud8gj. Still, global supply growth will outpace demand until 2023. These have led china to impose a 10 tari on l imports from the and this tari may yet be increased to 25% if the dispute escalates. Finally, the future outlook for these vessels is promising due to emerging lng importers like india and philippines will use this option to import lng shortly 2016 2017.
Japan, korea, taiwan two significant emerging economies in the world began importing lng in the 2000s. It also brings gas strategies views of the lng market as it leaves behind a decade of extraordinary growth and continues to. In our latest global gas market outlook, we predict that natural gas will represent 23%up from 22% in 2016of the global energy mix by 2030. To some extent the outlook for lng will depend on how some of the present com. Demand for natural gas in the asiapacific region is forecast to grow. Unique information on project finance, multilateral and bank lending and lng shipping finance. Regasification terminals heat the liquefied natural gas lng to restore the delivered volumes to. Discover longterm and shortterm outlook reports on global gas market fundamentals, dynamics and disruptive trends. This presentation has been prepared solely for information and discussion purposes. In contrast, smaller lng projects including flng have gained traction towards an fid.
Lng in europe market outlook and forecast up to 2020 by. As the low price environment persists, the debate over the impacts on gas. The lng industry has long regarded the asian markets of japan, south korea, taiwan, china and india as high growth importing markets, willing to sign long term contracts with price terms linked to crude oil prices. Market research on global lng industry outlook to 2020 capacity and capital expenditure forecasts with details of all operating and planned terminals having 351. Oct 10, 2017 finally, even europe, is generally seen as the global lng trades market of last resort and has witnessed limited lng demand of late, also increased imports by 15% to 23. Global small scale lng sslng market 20112021 research. Fereidun fesharaki chairman and founder of fge moderated by. Lng export has exerted no explicit impact on the asian market but is expected to improve future international lng market liquidity and help create pricing benchmarks. Global lng market trends, outlook, strategies and growth potential to 2020 report is published on may 8, 2015 and has 225 pages in it. Global lng bunkering market is expected to increase usd 24684. Strong demand to reduce emissions as well as costs. The world lng market forecast 20182022 is presented using sectors, detailed analysis, and commentary on eight distinct regions with a tenyear market view historic data covering the period 202017 and forecast data for 20182022. Lng is the dominant force in the queensland gas market moving forward, as seen in figure 1 below.
May 03, 2018 the world lng market forecast 20182022 is presented using sectors, detailed analysis, and commentary on eight distinct regions with a tenyear market view historic data covering the period 202017 and forecast data for 20182022. The increasingly complex outlook for the lng market youtube. Finally, even europe, is generally seen as the global lng trades market of last resort and has witnessed limited lng demand of late, also increased imports by 15% to 23. We now forecast that our lng export price indicator will reach aud10. Mar 04, 2016 market research on global lng industry outlook to 2020 capacity and capital expenditure forecasts with details of all operating and planned terminals having 351. Our lng forecasts include detailed analysis of the entire gas and liquefied natural gas value chain to provide a complete picture. By the end of 2018, lng supply will have grown by an impressive 70 mt, or 29%, over just three years. The future of canadas natural gas industry could hinge on the success of exports of liquefied. Lng finance in world markets the only source of focused, reliable information on lng finance. The openingup of chinas gas and lng facilities to third parties may boost lng spot demand but hit the traditional import market, preventing any sharp increase in longterm contract commitments. World lng market future trend electricity market gas market. Mar 07, 2017 icis looks at what to expect on prices, supply and demand in the global lng market in 2017.
An expected shortage of lng vessels looms as the shipping market for liquefied natural gas is expected to strengthen in the next few years. Lpg market outlook lpg market outlook lpg market outlook asian petrochemical feedstocks market outlook world lpg market outlook north america ngl industry latin america lpg study 5year east of suez market outlook annual lpg seminars woodlands, tx march 57 singapore june 1820 lima, peru november 1214 ngl workshops offered at each seminar. Lng outlook 2020 the global lng market will be very oversupplied in 2020 as rising us production meets limited demand growth in asia. While global dynamics have been somewhat more favourable of late, prices remain well below previous peaks and new supply from competitors will place further pressure on the market. With oil prices back on the rise and the aud set to depreciate a little further, australian lng export prices will be higher in 2018.
Outlook for the global lng bunkering market growth by 2025 1. Dec 07, 2017 woodmackenzie presentation by franck harris, head of global lng consulting during the giignl general assembly in brussels october 09, 2017. May 08, 2016 finally, the future outlook for these vessels is promising due to emerging lng importers like india and philippines will use this option to import lng shortly 2016 2017. The exposure of eastern australia to lng export markets will have far reaching implications for domestic gas use. The natural gas feedstock prices based on the eia energy outlook 2017. Fereidun fesharaki, chairman and founder of fge, for a discussion of the global natural gas markets. Detailed market research and continuous tracking of market developmentsas well as deep, ontheground expertise across the globeinforms our outlook on global gas and liquefied natural gas lng. Liquefied natural gas lng export capacity planned in times of booming demand and higher gas prices is still coming onstream despite much less favourable market conditions now. However, demand growth has been more robust than predicted, supported by china, which has. We forecast energy demand to flatten, mainly due to increased.
Longterm outlook for lng shipping is bright but vessel. Global capacity is forecast to rise by up to 18 bn cfd over the next five years. Only one project globally has been sanctioned so far in 2017, the 3. Global gas and lng market outlook to 2035 mckinsey. Global lng industry outlook to 2020 market research reports. Marine money 2016 4 lack of arbitrage, decreasing voyage days and distance has given sufficient length in the spot market decreasing rates. Lng editor ed cox and deputy editor josie shillito. Annual rankings of project finance lender, export credit agencies and. A history of this series from 2000 is shown to the left. Annual rankings of project finance lender, export credit agencies and shipping finance. David pumphrey senior associate, energy and national security program, csis the csis energy and national security program is pleased to host dr.
Lng industry outlook in europe to 2020 capacity and capital expenditure forecasts with details of all operating and planned terminals is a comprehensive report on the europe lng industry. Woodmackenzie presentation by franck harris, head of global lng consulting during the giignl general assembly in brussels october 09, 2017. Apr 25, 2014 an overview of the global lng market and future outlook. Lng market outlook 2015 presentation focus on the key developments happened in the lng industry last year and covers major lng topics such as lng prices, new lng capacities, lng trade. Fall 2012 gas market outlook 10 10 30 50 70 90 110 bcfd shale nonshale net lng imports.
Us lngs competitive advantage depends in large part on high international. Competitive analysis of canadian lng canadian energy. Icis looks at what to expect on prices, supply and demand in the global lng market in 2017. The business of change the lng outlook is a document developed by gas strategies annually. The eventual outcome remains far from clear, but trade ows are epected to adapt to minimise the impact a. It assumes domestic demand is static at 201112 levels, with 6 lng trains by 201516 and a.
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