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The Rise of LNG - Australia

The Rise of LNG - Australia. GLOBAL OUTLOOK Current Global LNG demand strong Short-term-uncertain but recovering Medium-term-supply/demand balance Long-term-very positive. Japan Govt Estimate. IEA New Policy Estimate. Shell Estimate. 2030-35. AUSTRALIAN OUTLOOK

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The Rise of LNG - Australia

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  1. The Rise of LNG - Australia • GLOBAL OUTLOOK • Current Global LNG demand strong • Short-term-uncertain but recovering • Medium-term-supply/demand balance • Long-term-very positive Japan Govt Estimate IEA New Policy Estimate Shell Estimate 2030-35 • AUSTRALIAN OUTLOOK • Current production-20 mtpa • Short-term-Pluto 24 mtpa • Medium-term-2015 approach 60 mtpa • Long-term-exceed 100 mtpa • Underpinned by long-term contracts

  2. Australian LNG Projects

  3. Floating LNG • Novel application of existing technology • Shell’s Prelude field 450km offshore in Browse Basin * Will be first FLNG operation in the world * Potential 3.5 mtpa LNG processing train • Santos with GDF Suez in the Bonaparte Basin • Sunrise Project • PTTEP

  4. CSG Projects • Australia has potential CSG reserves of 150 tcf • World’s first coal seam gas to LNG for export projects • 4 major projects proposed for Gladstone, Queensland * BG/QGC – Queensland Curtis LNG (in construction) * Santos/Petronas/Total/KOGAS – Gladstone LNG (in construction) * Origin/ConocoPhillips – Australia Pacific LNG (EPBC approved) * Shell – Curtis Island LNG • Further small projects potential • Potential capacity 30-50 mtpa depending on gas reserves • Other potential unconventional gasopportunities in Australia

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