The United States and Liquefied Natural Gas

1
The United States and Liquefied Natural Gas

• American Gas Association
• Ted Williams
• Director, Codes Standards Technical Support
• AGA Supplemental Gas Committee Meeting
• Cara Suites Hotel
• Claxton Bay, Trinidad
• October 1, 2007

2
Overview of AGA AGA
3
Today's tight natural gas markets have been a
long time in coming, and futures prices suggest
that we are not apt to return to earlier periods
of relative abundance and low prices anytime
soon.Testimony of Chairman Alan
GreenspanNatural gas supply and demand issues
Before the Committee on Energy and Commerce,
U.S. House of Representatives June 10, 2003
4
Natural Gas Is Important to Our Economy
Average Annual U.S. Energy Use 97 TCF (equivalent)
Source National Petroleum Council
5
GAS CONSUMPTION COULD GROW BY MORE THAN 20 BY
2020
Source Energy Information Administration
6
SOURCES OF CURRENT US NATURAL GAS SUPPLY
2005 22.1 Quads
Canada 3.3
LNG .6
Lower-48 18.2
Source Energy Information Administration
7
SOURCES OF PROJECTED US NATURAL GAS SUPPLY
ALASKA 2.3
2020 27.3 Quads
LNG 3.8
CANADA 1.4
LOWER-48 19.8
Source Annual Energy Outlook 2006, Energy
Information Administration
8
LNG IMPORTS AND IMPORT CAPACITY2002-2011
9
Thank you!