LNG markets in transition : the great reconfiguration / edited by Anne-Sophie Corbeau and David Ledesma.

Format:

Book

Contributor:

Corbeau, Anne-Sophie, editor.

Ledesma, David, editor.

Language:

English

Subjects (All):

Liquefied natural gas industry--History.

Liquefied natural gas industry.

Liquefied natural gas industry--Forecasting.

History.

Genre:

History.

Physical Description:

xxxvi, 652 pages : color illustrations ; 25 cm

Edition:

First edition.

Place of Publication:

Oxford, United Kingdom ; New York, NY : Oxford University Press for the Oxford Institute for Energy Studies and the King Abdullah Petroleum Studies and Research Center, 2016.

Summary:

Dramatic changes are taking place on global LNG markets which will profoundly impact gas markets. Global LNG supply capacity will gain 50 per cent over the period 2015-20, driven by Australian and US LNG projects. This new supply exceeds the volumes that markets can easily absorb especially as demand growth in Asia-the premium market targeted by these new projects - is weakening. Meanwhile, oil and gas prices have fallen to levels unseen for a decade, threatening the economics of the newest projects under construction and placing a question mark over future projects. As new and existing players challenge the norms of the LNG business in relation to structures, contracts, and prices, this book explains 'how we got to where we are', and why a 'Great Reconfiguration' - toppling 50 years of practice in the LNG business - is coming. Book jacket.

Contents:

Looking back at history : the early development of LNG supplies and markets / Jonathan Stern and Ken Koyama

The maturing of the LNG business / Anne-Sophie Corbeau and Andy Flower

The changing commercial structure of the upstream and midstream LNG business / David Ledesma

Facilities, infrastructure, and costs. Liquefacation costs / Brian Songhurst

Changes in the LNG shipping business / James T Jensen

Regasification terminals : adapting to a new environment / Chris Le Fevre

Future LNG supply : looking ahead, who will be the main potential LNG suppliers? Outlook for Australian LNG : the limits of expansion / James Henderson

North America enters the LNG export race / James T Jensen

The outlook for Russian LNG : current delays, long-term upside / James Henderson

Eastern Africa : beyond 2020 / Anne-Sophie Corbeau

Other potential LNG supplies / James Henderson

LNG demand potential. What role for Europe in the global LNG market? / Anouk Honoré

Mature Asian markets : limited growth potential / Howard Rogers

More recent and emerging Asian LNG markets / Howard Rogers

LNG demand perspectives in Latin America and the Caribbean / Sylvie D'Apote

The Middle East and Africa region / Anne-Sophie Corbeau

LNG as a transport fuel / Chris Le Fevre

LNG pricing : challenges in the late 2010s / Jonathan Stern

LNG contracts and flexibility / Anne-Sophie Corbeau

Conclusion : LNG markets : the great reconfiguration / Anne-Sophie Corbeau

Technical appendix : introduction to LNG and LNG technologies / Christopher Caswell

Data appendix.

Notes:

Includes bibliographical references and index.

ISBN:

9780198783268

0198783264

OCLC:

943678098