Notes
Slide Show
Outline
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The Northeast Natural Gas Market in 2030
  • LNG EXPRESS CONFERENCE
  • Boston, Massachusetts
  • September 21, 2006


  • William Trapmann
  • Natural Gas Analysis Team Leader
  • Energy Information Administration (EIA)
  • william.trapmann@eia.doe.gov
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Outline
  • EIA’s Long-term Energy Market Outlook
  • Natural Gas Supply Outlook
  • World Natural Gas Resources
  • Northeast Outlook And Infrastructure
  • The Outlook for LNG Imports
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EIA’s Long-Term Outlook
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U.S. Primary Energy Consumption by Fuel, 1960-2030
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U.S. Natural Gas Production, Consumption, and Net Imports, 1960-2030
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U.S. Natural Gas Consumption by Sector, 1990-2030
         (trillion cubic feet)
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Natural Gas Supply Outlook
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LNG Is Expected to Represent A Growing Share of U.S. Supply Over the Long-Term
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U.S. Dry Natural Gas Production, 1990 – 2030
 (trillion cubic feet)
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Net U.S. Imports of Natural Gas, 1990-2030
(trillion cubic feet)
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U.S. LNG Imports, 1990-2025
(trillion cubic feet)
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Annual Energy Outlook 2006 reference case indicates that through 2030....
  • Imports are expected to play an important role in U.S. natural gas markets, accounting for 21 percent of total U.S. natural gas consumption in 2030, compared with 15 percent in 2004
  • LNG imports are projected to grow sevenfold, from 650 billion cubic feet in 2004 to 4.4 trillion cubic feet in 2030
  • The most rapid growth in LNG import capacity will occur over the next decade, with peak annual capacity increasing from 1.4 trillion cubic feet in 2004 to 4.9 trillion cubic feet in 2015
  • Construction of new terminals is expected to slow after 2015 as rising natural gas prices limit consumption, especially in the electric generators sector
  • Peak annual LNG import capacity in 2030 is projected to be 5.8 trillion cubic feet
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World Natural Gas Resources
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World Natural Gas Reserves, 2005
(trillion cubic feet)
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World LNG Movements, 2004
(billion cubic feet)
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U.S. LNG Imports by Country, 1992-2005
(billion cubic feet)
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Northeast Outlook and
Infrastructure
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Northeast Interstate Pipeline Capacity, November 2005
(million cubic feet per day)
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            Current U.S. LNG Import Terminals
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Northeast Natural Gas Consumption,
2003 - 2030
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Northeast Seasonal Natural Gas Load Patterns By Sector
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Liquefied and Underground Natural Gas Storage in the Northeast - 2004
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The Outlook for LNG Imports
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Net Imports of Liquefied Natural Gas in Three LNG Supply Cases, 1990-2030
(Trillion Cubic Feet)
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Lower 48 Natural Gas Wellhead Prices in Three LNG Supply Cases, 1990-2030
(2004 Dollars per Thousand Cubic Feet)
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Siting LNG Terminals in the Northeast
  • Demand is expected to grow
  • Indigenous supplies are limited
  • Supplies must come from outside the region
  • The U.S. and Canadian oil and gas producing areas are “mature,” so North American production potential is limited
  • LNG terminals in the Northeast offer regional supply diversity, proximity to markets, distribution of LNG as a product
  • Import facilities elsewhere may take advantage of existing infrastructure
  • Northeast gas consumers will face direct competition for LNG imports outside the Northeast


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 Periodic Reports
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www.eia.gov