PowerPointpresentatie

1
Flame Amsterdam, 5th March 2004
GTE approach on LNG perspectives and EU regulation
Paolo Caropreso, GTE - Vice Chairman
Snam Rete Gas - COO Business
Development
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Agenda

• Market Trends
• LNG EU Regulation
• GTEs LNG Action Plan

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Market trends impacting LNG

• LNG chain competitiveness
• flexibility
• cost reduction

Source Various, Snam Rete Gas estimates
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LNG World imports by region
400
450
North America
400
Asia
23
Europe
350
300
200
250
Bcm
152
5
200
54
5
150
65
100
68
23
50
30
27
0
2002
2005
2015
Source Various, Snam Rete Gas estimates
5
LNG chain costs
700
Note Standard configuration Including Investment
Remuneration 4.000 km shipping route
600
500
400
Dollars per tonne of capacity
300
200
100
0
Mid-1990s
2002
2010
2030
Liquefaction
Shipping
Regasification
Source World Energy Investment Outlook 2003
Insights
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LNG World gasification capacity
2003 129 Million Tons
1
1
4
22
5
6
6
7
1
7
18
11
2
12
19
3
3
10
3
2010 294 Million Tons
4
5
9
8
9
9
Source Various, Snam Rete Gas estimates
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Total Consumption EU 200241 bn cm(13 of
imported supply)
2002 - LNG relevance for EU
Belgium (16 LNG)

• Sources
• Algeria 77
• Nigeria 16
• Libya 2
• Trinidad 2
• Middle East 3
• TOTAL 100

France (24 LNG)
Italy (8 LNG)
Turkey (34 LNG)
Portugal (10 LNG)
Greece (26 LNG)
Spain (58 LNG)
Source CEDIGAZ
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2010 - LNG Mediterranean infrastructure
development
Total Consumption EU 2010gt70 bn cm(gt15 of
imported supply)
Norway
Zeebrugge
Isle of Grain
Montoir
Le Verdon
Offshore Rovigo
Bilbao
Fos 1
Ferrol
Panigaglia
Marmara
Brindisi
Barcelona
Fos 2
Sagunto
Sines
Revithoussa
Trinidad
Izmir
Cartagena
Huelva
Venezuela
Arzew
Skikda
Lebanon
Egypt
Nigeria
Marsa El Brega
Existing Regasification Plant
Existing Liquefaction Plant
Angola
Middle East
LNG Regasification Project
Plant Projects/Expansions
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Agenda

• Market Trends
• LNG EU Regulation
• GTEs LNG Action Plan

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EU Commission on LNG regulation
The Directive 2003/55/EC on LNG
LNG facility means a terminal used for
liquefaction of natural gas or the importation,
offloading and regasification of LNG, and shall
include ancillary services and temporary services
necessary for the regasification process and
subsequent delivery to the transmission system,
but shall not include any part of LNG terminals
used for storage.

• Tariffs or methodologies approved by the
  National Authority
• Transparency and non-discrimination in access
  (TPA)
• Accounting unbundling (LNG and services)
• Motivated refusal of access
• New infrastructures TPA exemptions

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EU Commission on LNG Services
The Directive 2003/55/EC on LNG
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Key trends and emerging issues in the new
operating context

• Harmonise Standards
• Facilitate the accesses
• Gas quality

• Reduce Costs
• Facility management
• Market efficiency

• Maintain Safety
• Terminal Ship Operations
• System integrity

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Agenda

• Market Trends
• LNG EU Regulation
• GTEs LNG Action Plan

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GTEs LNG Working Group Action Plan
GTE Working Group on LNG was created in early
2002

• Ship Approval Procedure ()
• Technical Characteristics Map
• Gas quality specifications
• Questionnaire on Plants

Processes Harmonisation and Optimisation
Business Processes

• Capacity definition
• Unloading / storage / gasification
• Services
• Scheduling and TPA
• Allocation and Matching

Regasification Practices
Business Rules
() Published on the GTE Website
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The LNG Terminals MAP
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The LNG Operational Procedures MAP
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Objectives of the S.A.P. Procedure

• WHAT
• To Identify and harmonise common criteria among
  operators involved in LNG regasification business
  in connection with procedural and operational
  rules relevant to the LNG ship access
  authorisation to regasification terminals

• WHY
• Generate benefits both to operators and to
  shippers, either in terms of efficiency,
  interoperability and timing

• HOW
• By adopting a Common Protocol as a common
  reference to which to adhere on a voluntary basis

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Issues and Structure of the S.A.P. Procedure

• Shippers proposing LNG tankers to unload at
• a LNG receiving Terminal shall undergo
• the following chronological steps

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Issues and Structure of the S.A.P. Procedure

• Shippers proposing LNG tankers to unload at
• a LNG receiving Terminal shall undergo
• the following chronological steps

• Preparatory information exchange

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Issues and Structure of the S.A.P. Procedure

• Shippers proposing LNG tankers to unload at
• a LNG receiving Terminal shall undergo
• the following chronological steps

• Preparatory information exchange
• Ship-Shore Interface Study
• Ship Safety Inspections

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Issues and Structure of the S.A.P. Procedure

• Shippers proposing LNG tankers to unload at
• a LNG receiving Terminal shall undergo
• the following chronological steps

• Preparatory information exchange
• Ship-Shore Interface Study
• Ship Safety Inspections
• Unloading Test and Ship Approval
• Ship Approval Follow Up.

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Issues and Structure of the S.A.P. Procedure

• Shippers proposing LNG tankers to unload at
• a LNG receiving Terminal shall undergo
• the following chronological steps

• Preparatory information exchange
• Ship-Shore Interface Study
• Ship Safety Inspections
• Unloading Test and Ship Approval
• Ship Approval Follow Up.

• In order to support the application of the
  S.A.P.,
• two annexes at the procedure have been prepared
• List of topics to be addressed during the
  Preliminary Meeting (informative)
• Example of Guidelines for Safety Inspections
  (informative)

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Issues and Structure of the S.A.P. Procedure

• Shippers proposing LNG tankers to unload at
• a LNG receiving Terminal shall undergo
• the following chronological steps

• ADVANTAGES
• for TOs
• ship terminal common
• acceptance
• safety
• for Shippers
• transactions cost and
• time reduction

• Preparatory information exchange
• Ship-Shore Interface Study
• Ship Safety Inspections
• Unloading Test and Ship Approval
• Ship Approval Follow Up.

• In order to support the application of the
  S.A.P.,
• two annexes at the procedure have been prepared
• List of topics to be addressed during the
  Preliminary Meeting (informative)
• Example of Guidelines for Safety Inspections
  (informative)

24
Flame Amsterdam, 5th March 2004
GTE approach on LNG perspectives and EU regulation
Paolo Caropreso, GTE - Vice Chairman
Snam Rete Gas - COO Business
Development