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LNG’s Role in Delivering Natural Gas for Florida Consumers

LNG’s Role in Delivering Natural Gas for Florida Consumers. LNG’s Role in Future US Gas Supply (Tcf). Incremental Supply (2002-2025). All Other Production. Source: DOE. Why is LNG Important Now?. Natural gas use is expected to increase by 38% by 2025

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LNG’s Role in Delivering Natural Gas for Florida Consumers

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  1. LNG’s Role in DeliveringNatural Gas for Florida Consumers

  2. LNG’s Role in Future US Gas Supply (Tcf) Incremental Supply (2002-2025) All Other Production Source: DOE

  3. Why is LNG Important Now? • Natural gas use is expected to increase by 38% by 2025 • Traditional North American producing areas will provide only 75% of US gas needs through 2025 • LNG is forecast to supply over 15% of the US demand in 2025 Source: DOE and National Petroleum Council

  4. History of LNG • Natural gas was considered an unwelcome by-product of crude oil until around 1920, when it was recognized as a source of valuable fuels such as propane and butane • 1941: First liquefaction plant in Cleveland, Ohio • 1959: First LNG transport by ship to UK • 1960: First base-load liquefaction plant in Algeria • 1964: Large-scale shipping between Algeria and Europe • 1969: LNG transported from Alaska to Japan

  5. LNG Today • The LNG business is rapidly growing worldwide with more and more plants being built or under development • Currently there are: • 15 LNG Liquefaction Plants operating in 12 countries • 38 LNG Regasification Plants operating in 14 countries

  6. Today’s Two Gas Pipelines to Florida From the Gulf Coast Florida Gas Transmission (2.2 Bcf/d) Gulfstream Natural Gas (1.1 Bcf/d) Southern Natural Gas/South Georgia

  7. 2003 Gas Consumption in FloridaAverage daily consumption was 1,614,000 mmBtuPeak daily delivery capacity is 3,172,000 mmBtu Stable Baseload Usage EIA data for 2003

  8. Florida’s Projected Increase in Natural Gas Demand

  9. LNG Safety • More than 33,000 LNG carrier voyages covering 60 million miles over a 40-year period without a major accident

  10. FPLR / El Paso Project Overview Delivery Point: into FGT (26” and 18” pipelines) 41 miles 87 miles

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