Platts Daily Spot LNG Price Assessments

lng faq
Platts Daily Spot LNG Price Assessments
How is spot LNG traded?
In the liquefied natural gas (LNG) market space, traditional patterns of trading are evolving fast. Where cargoes once
changed hands only through opaque bilateral deals, the market now exhibits open sell tenders for multiple and single
cargoes, brokered trades, cargoes sold in longer trading chains, and speculative trading positions taken up by nontraditional participants including banks. Over time, as in other commodities, long-term LNG contracts may adapt to spot
LNG price discovery, and will no longer be dependent upon weaker correlations to oil or piped gas prices. Upstream, an
increasing volume of non-associated gas supplies is breaking the production link with oil, while downstream gas demand
has broadened as a new fuel for transport and industry. Market pipeline prices of natural gas are delinking from oil prices,
and buyers and sellers are looking for price benchmarks that reflect the real world of shipped gas.
Is LNG really traded on A spot basis? Doesn’t the LNG industry rely exclusively on
long-term contracts?
LNG as a commodity has traditionally been sold under closed, long-term contracts. But the market is rapidly evolving.
A surge in new supply from diverse sources, the entrance of a variety of new market participants and shifting demand
patterns have driven the development of spot trade. Cargoes initially sold under long-term contracts now move into the
spot market, where buyers and sellers seek to achieve the best possible value for each cargo.
How can daily LNG spot price assessments be used?
Platts assessments can be used by anyone needing timely, independent spot LNG price information. Daily prices reflect
changes in value that occur every single trading day. Consistent and respected LNG spot price information supports
critical decision-making about cargo trade, arbitrage between regions, storing or transporting natural gas to markets;
investment in infrastructure projects, optimal production rates, processing margins and consumption levels. Platts spot
prices also facilitate hedging, transfer pricing, differential pricing and taxation.
Are there enough active spot market players to make for unbiased assessments?
Platts contacts active market participants from across the wide spectrum of the marketplace, including buyers, sellers,
brokers, producers and consumers, to ensure that the real tradable value of LNG is assessed. The LNG marketplace is
global and fast-growing, which demands a network of daily coverage of market activity in both Pacific and Atlantic basins.
Platts achieves global coverage of LNG news and pricing from market experienced editors based in the trading hubs of
Singapore, London and Houston. Platts submits its own price assessments to internal compliance for review, ensuring that
they are objective and market-neutral, and that assessment processes continue to be applied consistently. Platts has more
than 100 years of experience of publishing commodity prices and is fully independent from the marketplace.
Is there enough liquidity for spot assessments to be verified?
Market observers estimate that spot trade already represents about 20% of LNG volumes produced each year. This trade
includes bilateral deals, inter-regional diversions, tenders, chained cargoes and a variety of other transactions. The LNG
market demonstrates a greater proportion of spot trade than most commodities, which typically are supplied under a term
contract to spot ratio of 90:10. As much as 40 million metric tons (mt) of LNG, equivalent to 650 cargoes a year, are being
traded on a spot basis. As global supply volumes and market participation grow, spot market liquidity will continue to build.
Price transparency and market sophistication accelerate this process, by raising comfort levels behind each act of
spot trade.
lng faq
What daily spot LNG price assessments does Platts publish?
Platts is the first to publish daily assessments for LNG delivered ex-ship (DES) in Japan/Korea, and also assesses daily
prices free on board (FOB) Middle East, DES West India, and FOB Australia. Platts also publishes daily Asia Pacific LNG
Carrier Day Rates (APDR) to help determine the price relationship between these assessed supply and demand centers.
Expanding from its Asian spot LNG market coverage, Platts launched daily spot assessments for delivery ex-ship DES
Southwest Europe (SWE) and Northwest Europe (NWE) on June 28, 2010.
What is the benchmark JKM?
Platts JKM (Japan/Korea Marker) is the benchmark daily assessment of the spot price for cargoes of LNG delivered exship
into Japan or Korea. Japan/Korea is the largest and most concentrated spot market for LNG in the world. JKM is a key
reference for calculating price differentials for every Asia-Pacific supply source and destination market. As a proxy for all
Asian LNG prices, JKM is also a leading indicator for global demand growth for LNG.
Global price picture
Northwest Europe (NWE) 6.20
DES Japan / Korea Marker (JKM) 8.40
Henry Hub
Southwest Europe (SWE) 6.54
3.75
FOB Middle East (ME)
7.30
Asia Pacific Carrier Day Rate (APDR) 42,000
Atlantic Day Rate (ATDR) 44,000
DES West India (Net Forward) 7.65
Asia Pacific Carrier Day Rate (APDR) 42,000
FOB Australia (Netback) 7.70
($/MMbtu)
3.0
JKM vs HH
JKM vs NBP
NBP vs HH
2.5
2.0
1.5
1.0
0.5
0.0
-0.5
-1.0
Mar-09
Source: Platts
May-09
Jul-09
Sep-09
Nov-09
Jan-10
Mar-10
lng faq
What are the SWE and NWE ASSESSMENTS?
Platts SWE LNG (Southwest Europe) is the daily assessment of the spot price for cargoes of LNG delivered ex-ship
into Spain or Portugal. Platts NWE LNG (Northwest Europe) is the daily assessment of the spot price for cargoes of
LNG delivered ex-ship into the UK and Belgium. Europe often competes with Asian-Pacific countries for LNG supplies
and the SWE and NWE markers are therefore key references for producers, consumers and traders of natural gas and
LNG globally.
What are FOB Middle East, DES West India and FOB Australia?
Platts FOB Middle East (ME) is the daily assessment of free on board cargoes loaded in Ras Laffan, Qatar or Das Island,
Abu Dhabi, representing the largest LNG production area in the world. DES West India represents a net forward from this
value, adding the cost of freight to FOB ME. FOB Australia is a netback from the JKM, subtracting the cost of freight. Both
of these make use of Platts Asia Pacific Carrier Day Rates.
What are ADPR and ADTR?
The Platts Asia Pacific Carrier Day Rates (ADPR) and Atlantic LNG Day Rates (ATDR) are daily assessments of the spot
charter rates for LNG carriers in the Asia Pacific and Atlantic region respectively.
Do spot LNG prices make the market too volatile?
An annual or multi-year contract price cannot capture the daily fluctuations in market value that occur in LNG, LNG
shipping, and associated piped gas and oil markets around the world. Long-term LNG contracts expose either the buyer or
seller to market price risk. Daily spot prices mitigate this risk by representing actual market value for product bought and
sold each day. In many commodities, annual or monthly averages of daily spot prices (called floating prices) are therefore
preferred for negotiating and settling long-term contracts, with locational, quality or customer-specific differentials
typically applied to the underlying benchmark. Daily prices do not introduce volatility – rather, they make inherent market
volatility both visible and manageable.
Will financial derivatives for LNG emerge?
As of September 2010, derivative financial (paper swap) LNG contracts have not emerged, although they are widely
anticipated due to the fast pace of market commoditization. Consistent, high-frequency spot cargo prices are typically
a pre-requisite for the development of financial derivative instruments, as greater price transparency helps financial
institutions and market players to understand and thereby manage the financial risks faced in the underlying
physical marketplace.
How are Platts LNG prices assessed?
Platts’ experienced market reporters interview active market participants from across the industry spectrum on a daily
basis. Confirmed spot cargo deals, firm bids/offers, current shipping costs and fundamental supply/demand conditions are
collated, tested and analyzed. Platts then applies its methodology to assess the tradable value of LNG.
lng faq
Where can I find more about Platts LNG price assessment methodology?
To read more about Platts methodology and specifications, please visit: http://www.platts.com/IM.Platts.Content/
MethodologyReferences/MethodologySpecs/lngmethodology.pdf
Where are Platts LNG price assessments published?
LNG spot price assessments are published in our daily news publication Platts LNG Daily, and in the following Platts
real-time services: Natural Gas Alert (NGA), Platts Electricity Alert (PEA), Platts European Power Alert (EPA) and Platts
Global Alert (PGA).
]
]
www.platts.com
LNG Daily
www.platts.com
LNG Daily’s
Terminal Tracker
Asia
Volume 7 / Issue 161 / August 23, 2010
METI approves restart of Tepco nuclear unit
Tokyo—Japan’s Ministry of Economy, Trade and Industry has concluded
that Tokyo Electric Power’s 1.1-GW No. 5 reactor at the earthquake-hit
Kashiwazaki-Kariwa nuclear plant is safe to restart, a ministry official said
Monday.
METI planned to present its assessment Monday to the country’s Nuclear
Safety Commission, the official said. It was the ministry’s first approval to
restart the No. 5 reactor since its automatic shutdown in the wake of a major
earthquake July 16, 2007.
The ministerial green light means Tepco now only needs approvals from
three local authorities—the Niigata Prefectural Government, Kashiwazaki City
and Kariwa Village—to restart the No. 5 unit. Once approvals from local
authorities are received, Tepco would proceed with a conditional restart of the
reactor to carry out final tests, which are expected to last about 45 days.
The No. 5 reactor would be the fourth to restart at the seven-unit 8.212-GW
Kashiwazaki-Kariwa nuclear power plant, which was totally shut after the
earthquake. Tepco restarted commercial operations at the 1.1-GW No. 1 reactor
(continued on page 6)
Gassco to consider alternatives to pipelines
London—Norwegian gas grid operator Gassco has been told by the
Ministry of Petroleum and Energy to highlight alternatives to pipelines in
its analysis of gas transport options from fields on the Norwegian
Continental Shelf, it said Monday.
Pipelines now are the principal export method for Norwegian gas deliveries.
Gassco previously studied the possibility of LNG shipments from the Luva
field in Norwegian Sea as a full or partial export solution, but determined it
was a significantly cheaper solution to build a pipeline to existing gas
infrastructure, it said.
(continued on page 6)
JKM up 15 cents on higher bids for October
Singapore—Platts’ October LNG Japan Korea Marker was
THE
MARKET $8.30/MMBtu Monday, up 15 cents with higher bids for the
period.
A North Asian buyer said his company could “purchase one or two cargoes
for October,” adding that he believes he could secure an October cargo for
$8.10/MMBtu.
“Offers are in the low-$8s/MMBtu for October cargoes,” he said.
A source said a Middle Eastern cargo slated to be loaded in mid-October is
being offered at $7.50/MMBtu on a free-on-board basis to North Asia. With a
freight cost to Asia of $1/MMBtu, that would be equivalent to an offer of
$8.50/MMBtu for a late-October delivery cargo.
The source added that there is demand for October cargoes from Japan’s
Tokyo Electric Power and South Korea’s Korea Gas. There could be more
demand from Taiwan’s CPC and China’s CNOOC for cargoes further out, a
trader added.
“I heard that CPC will call a tender for October delivery shortly and
CNOOC is also looking for an end-September-delivery cargo,” he said.
Platts daily LNG markers ($/MMBtu)
August 23, 2010
BANGLADESH
Change
PROPOSED
Bangladesh
DES Japan/Korea Marker (JKM)
JKM (Oct)
8.300
0.150 ▲
8.150
0.100 ▲
H1 Oct
8.250
0.150 ▲
OVERVIEW
3
H2 Oct
8.350
0.150 ▲
EXISTING
Fujian LNG
Guangdong
Shanghai LNG
3
3
3
UNDER CONSTRUCTION
CNOOC-Zhejiang
PetroChina-Dalian
PetroChina-Rudong
3
3
3
APPROVED
CNOOC-Zhuhai
3
APPLIED
Shandong
Shenzhen-CNOOC
4
4
PROPOSED
CNOOC-Guangdong
CNOOC-Hainan
CNOOC-Hebei
CNOOC-Jiangsu
CNOOC-Liaoning
CNOOC-Tianjin
EurOrient Financial Group
Macau
PetroChina-Guangxi
PetroChina-Hebei
Shenzhen-PetroChina
Sinogas-Shantou City
Sinopec
XinAo Gas
Zhejiang LNG
Zhuhai Zhenrong
4
4
4
4
4
4
4
4
4
5
5
5
5
5
5
5
WITHDRAWN
CLP Power
5
CHINA
DES Southwest Europe Marker (SWE)
6.423
-0.215 ▼
H2 Sep
6.086
-0.188 ▼
H1 Oct
6.311
-0.206 ▼
H2 Oct
6.536
-0.223 ▼
DES Northwest Europe Marker (NWE)
NWE (Oct)
6.085
-0.202 ▼
H2 Sep
5.774
-0.178 ▼
H1 Oct
5.972
-0.193 ▼
H2 Oct
6.197
-0.211 ▼
7.200
0.150 ▲
7.540
0.150 ▲
FOB Middle East
FOB Middle East
DES West India
DES West India
FOB Australia
FOB Australia
7.620
0.150 ▲
Shipping rates: Aug 23, 2010 ($/day)
Asia Pacific Day Rate
40,000
Atlantic Day Rate
42,000
Global price comparisons ($/MMBtu)
12
10
Japan Korea Marker
UK NBP prompt
NYMEX Henry Hub prompt
INDIA
6
4
22-Jul
EXISTING
Dahej LNG
Hazira LNG
DES Southwest Europe Marker (SWE)
SWE (Nov)
Dated Brent
SWE vs. Henry Hub futures
SWE vs. NBP futures
SWE vs. Dated Brent
SWE vs. NWE
SWE vs. JKM
7.957
14.694
3.877
0.850
-6.737
0.475
-1.243
DES Northwest Europe Marker (NWE)
NWE (Nov)
Dated Brent
NWE vs. Henry Hub futures
NWE vs. NBP futures
NWE vs. Dated Brent
NWE vs. SWE
NWE vs. JKM
NWE as a % of NBP
7.482
14.694
3.402
0.375
-7.212
-0.475
-1.718
105.27
(continued on page 2)
UNDER CONSTRUCTION
Kochi LNG
Ratnagiri Gas and Power
6
6
APPROVED
Oil and Natural Gas Co.
6
PROPOSED
Adani Group
Essar LNG
Haldia
Indian Oil Co. and a Chennai
Petroleum subsidiary
Kandla Port Trust
Karnataka Power
LNGL
MMTC, possibly Bharat Petroleum
6
6
6
6
6
6
7
7
INDONESIA
PROPOSED
Arun LNG
North Sumatra
Pertamina East Java
Pertamina, Kogas
Petrogas Wira Jatim
PT Perusahaan Gas Negara
PT Perusahaan Listrik Negara,
Perusahaan Gas Negara
7
7
7
7
7
7
7
JAPAN - CHUBU REGION
EXISTING
Chita Kyodo
Chita LNG
Chita Midorihama
Kawagoe
Nihonkai LNG
Sakai LNG
Shimizu LNG
Yokkaichi LNG Center
Yokkaichi Works
7
7
8
8
8
8
8
8
8
UNDER CONSTRUCTION
Chubu Electric, Tohoku Electric
Joetsu
8
8
PROPOSED
Shin-Sendai
8
8
Europe ($/MMBtu)
The McGraw Hill Companies
3
H2 Sep
SWE (Oct)
27-Jul
30-Jul
5
5
04-Aug 10-Aug 13-Aug 18-Aug 23-Aug
Source: Platts
Competing fuel prices
Northwest Europe fuel oil
ARA coal
Hiroshima Gas
Mizushima LNG
8
9
JAPAN - HOKKAIDO REGION
PROPOSED
Ishiraki
Yufutsu
9
9
JAPAN - KANSAI REGION
PROPOSED
Kansai Electric
9
JAPAN - KANTO REGION
BANGLADESH
PROPOSED
BANGLADESH
LOCATION: Near Chittagong (12/2/09), with a platform at offshore Sangu field possible site for initial floating facility
(2/5/10).
PARTNERS: Government, potentially Excelerate Energy, others
(3/11/10, 12/2/09)
CAPACITY: At least 3.5 million mt/yr (448,000 Mcf/d)
(12/02/09)
STORAGE: Not known
SUPPLY SOURCE: Possibly Qatar
STARTUP: Not known
CHINA
9
9
9
9
9
LATEST DEVELOPMENTS: Wood Mackenzie has raised its forecast of China’s LNG demand in 2020 to 46 million mt/year, up
from its previous forecast of 31 million mt/year (7/26/2010).
EXISTING
PROPOSED
Hitachi
10
FUJIAN LNG
10
10
10
10
LOCATION: Fujian-Xiuyu port, Putian city, Meizhou Bay
PARTNERS: CNOOC (60%), Fujian Zhongmin (40%)
CAPACITY: Phase 1: 2.6 million mt/yr; phase 2: 5 million mt/yr
STORAGE: Initially 320,000 cu m from two 160,000-cu-m fullcontainment tanks (7/30/07). Two more 160,000-cu-m tanks
are scheduled to come online in 2011, for total storage of
640,000 cu m (12/24/08).
SUPPLY SOURCE: Indonesia’s Tangguh LNG project
STARTUP: 2009 (7/2/08)
JAPAN - KINKI REGION
EXISTING
Himeji 1
Himeji 2
Senboku 1
Senboku 2
JAPAN - KYUSHU REGION
EXISTING
Fukuoka-Hakata
Kagoshima
Kita Kyushu LNG
Oita LNG
Saibu Gas
10
10
10
10
10
PROPOSED
Kita Kyushu City
10
JAPAN - SHIKOKU REGION
EXISTING
Sakaide LNG
11
JAPAN - CHUGOKU REGION
GUANGDONG
LOCATION: Guangdong-Dapeng Bay
PARTNERS: CNOOC (33%), BP (30%), local companies (31%),
Hong Kong China Gas (6%)
CAPACITY: 6.7 million mt/yr
STORAGE: 480,000 cu m from three 160,000-cu-m tanks
(9/13/07); fourth tank planned (9/8/09).
SUPPLY SOURCE: Australia
STARTUP: May 2006
8
August 10, 2010
LNG Daily’s
Terminal Tracker
]
3
PROPOSED
ASG Power, Albania
3
BAHRAIN
3
BELGIUM
EXISTING
Fluxys LNG
3
APPLIED
Exmar, other partners
3
CANARY ISLANDS
4
4
4
4
4
EXISTING
Fos sur Mer
Montoir de Bretagne
Fos Cavaou
5
5
5
PROPOSED
Electricite de France
Fos Faster
Gaz de Normandie
5
5
5
REJECTED
Pegaz LNG
5
APPLIED
Deutsche Fluesigerdgas
Terminalgesellschaft
5
PROPOSED
VNG
Wilhelmshaven GasPort
6
6
EXISTING
Revithoussa
6
PROPOSED
Astakos
Northern Greece
6
6
IRELAND
4
7
7
UNDER CONSTRUCTION
OLT Offshore LNG Toscana
7
APPROVED
Api Nova Energia
Brindisi LNG
Nuove Energie
LOCATION: Rudong (eastern Jiangsu province)
PARTNERS: Kunlun Energy (55%); Pacific Oil and Gas, a member of Singapore-based RGM Group (35%) and Jiangsu Guoxin
Investment Group (10%). Kunlun Energy is 50.74%-owned by
PetroChina (5/19/10).
CAPACITY: 3.5 million mt/yr (1/20/10)
STORAGE: Two tanks, capacities not disclosed (3/9/10)
SUPPLY SOURCE: Australia, Qatar
STARTUP: April 2011 (8/10/10)
CNOOC-ZHUHAI
LOCATION: Zhuhai, Gaolan port, Guangdong province
PARTNERS: CNOOC (25%), power utility Guangdong Yuedian
Group (30%), Guangzhou city (25%), a local investment company (8%), and the cities of Foshan, Zhuhai, Zhongshan and
Jiangmen (each with 3%).
CAPACITY: 3.5 million mt/yr
6
PROPOSED
Israel’s National Infrastructure Ministry,
potential foreign partners
6
7
7
7
7
7
8
8
8
8
PROPOSED
Falck-Calabria
Falck-San Ferdinando
GDF Suez
Provincial government
Triton
8
8
8
8
8
WITHDRAWN
Eni
8
KENYA
PROPOSED
EcoGas
9
LITHUANIA
PROPOSED
Not known
9
POLAND
OVERVIEW
9
9
Continued on page 2
Terminal Tracker
CHILE
3
EXISTING
Floating terminal
3
PROPOSED
Escobar Floating Terminal
Onshore terminal
Zarate
3
3
3
EXISTING
GNL Mejillones
GNL Quintero
UNITED STATES
OVERVIEW
5
5
CUBA
BAHAMAS
APPLIED
AES Ocean LNG
Tractebel Calypso
3
3
WITHDRAWN
El Paso
3
BRAZIL
3
3
PROPOSED
Petrobras floating terminal
Petrobras third floating terminal
Petrobras, onshore facility
Shell, Petrobras
Tergas
4
4
4
4
4
DOMINICAN REPUBLIC
7
7
8
8
8
EXISTING
AES
APPROVED
Sparrows Point LNG
8
5
5
EL SALVADOR
APPROVED
Cutuco Energy Central America
5
PROPOSED
Jamaica
6
MEXICO
EXISTING
Canaport LNG
4
APPROVED
Cacouna Energy Project
MapleLNG
Rabaska LNG
4
4
4
APPLIED
Newfoundland LNG
7
UNITED STATES - EAST COAST
EXISTING
Cove Point LNG
Distrigas of Massachusetts
Neptune LNG
Northeast Gateway
Southern LNG
PROPOSED
Cuba-Venezuela
JAMAICA
EXISTING
Guanabara Bay
Pecem
CANADA
8
KUWAIT
3
Americas
OVERVIEW
APPLIED
Endesa
Gas Natural
Gas Natural-Trieste
Ionio Gas LNG
LNG MedGas
Rosignano Maritomo
APPROVED
Polskie LNG
The McGraw-Hill Companies
PETROCHINA-RUDONG
August 3, 2010
LNG Daily’s
ARGENTINA
EXISTING
GNL Italia
Terminale GNL Adriatico (Adriatic LNG)
EXISTING
Kuwait Petroleum
6
ISRAEL
OVERVIEW
DUBAI
APPROVED
Floating facility
FRANCE
APPROVED
Shannon LNG
CYPRUS
PROPOSED
Government
ITALY
4
GREECE
CROATIA
PROPOSED
Ploce
PROPOSED
Estonia
GERMANY
PROPOSED
Bulgarian Energy Holdings (10/24/08) 3
APPROVED
Adria LNG
LOCATION: Dalian, Liaoning province on the northeastern coast
PARTNERS: PetroChina (75%), the Dalian Port Authority (20%)
and Dalian Construction Investment (5%), under a 50-year
joint venture (3/20/09)
CAPACITY: 3 million mt/yr; plans to double capacity in second
phase
STORAGE: 320,000 cu m from two 160,000-cu- m (3.44 Bcf)
tanks. It is unclear how many more tanks could be built,
although previous reports said the facility could have three
tanks (10/21/09)
SUPPLY SOURCE: Possibly Qatar, other sources
STARTUP: June 2011 (8/10/10)
www.platts.com
EMEA
ESTONIA
APPROVED
Falcione-Albanian venture
PROPOSED
GasCan - Gran Canaria
LOCATION: Zhejiang-Wenzhou
PARTNERS: CNOOC, along with local partners Zhejiang Energy
Group and Ningbo Power Development. The shareholding
structure has not been disclosed (7/8/09).
CAPACITY: 3 million mt/yr (7/8/09)
STORAGE: Three 160,000-cu-m tanks (7/8/09)
SUPPLY SOURCE: Possibly Australia, Iran, Qatar
STARTUP: 2012, with a possible delay (7/8/09, 12/22/09)
Continued on page 2
www.platts.com
ALBANIA
APPROVED
GasCan - Tenerife
CNOOC-ZHEJIANG
APPROVED
SHANGHAI LNG
LOCATION: Shanghai-Zhongximentang Island in the deepwater
port area of Yangshan
EXISTING
Chugoku Electric
UNDER CONSTRUCTION
Copyright © 2010, The McGraw Hill Companies
]
PROPOSED
Government sponsored
AUGUST 17, 2010
PARTNERS: CNOOC subsidiary CNOOC Gas & Power (45%),
Shenergy Group (55%)
CAPACITY: 3 million mt/yr
STORAGE: 495,000 cu m from three 165,000-cu-m tanks
(1/25/08)
SUPPLY SOURCE: Possibly Malaysia
STARTUP: September 20, 2009 (9/24/09)
PETROCHINA-DALIAN
OVERVIEW
EXISTING
Futsu
Higashi Ogishima
Ogishima
Sodegaura
Tokyo Electric Power, Tokyo Gas
The McGraw-Hill Companies
BULGARIA
10.98
3.90
PLATTS LNG TRACKER - ASIA
August 17, 2010
EXISTING
Energia Costa Azul
Terminal de LNG de Altamira
6
6
UNDER CONSTRUCTION
Manzanillo LNG
6
APPLIED
Terminal GNL de Sonora
6
PROPOSED
CFE, Topolobampo Port
Dorado HiLoad LNG
IndiEnergy
Lazaro Cardenas LNG
Salina Cruz region
6
6
7
7
7
4
PROPOSED
WestPac Terminals Inc.
WITHDRAWN
Isla Coronado
7
5
PANAMA
WITHDRAWN
Bear Head LNG
Kitimat LNG
WestPac
5
5
5
PROPOSED
LNG Group Panama
7
APPLIED
Calais LNG
8
Downeast LNG
8
Liberty Natural Gas Transmission Project 8
Weaver’s Cove Energy
8
PROPOSED
Battery Rock
BlueOcean Energy
Crown Landing LNG
Freedom Energy Center
Somerset LNG
Unknown
9
9
9
9
9
9
WITHDRAWN
Calypso LNG
9
SUSPENDED
Quoddy LNG
Safe Harbor Energy
9
9
REJECTED
Broadwater Energy
KeySpan LNG
9
10
UNITED STATES - GULF COAST
EXISTING
Cameron LNG
Freeport LNG
Gulf Gateway Energy Bridge
Sabine Pass LNG
Trunkline LNG
10
10
10
10
10
UNDER CONSTRUCTION
Golden Pass LNG
Gulf LNG Clean Energy
10
10
Continued on page 2
The McGraw-Hill Companies
lng faq
Who shall I contact for more details on LNG?
For more information from our editorial staff on LNG, please contact [email protected].
•Platts LNG Daily
Platts LNG Daily was among the first daily independent news publications for the global LNG industry and provides readers
information on every aspect of the global market from spot prices to new LNG supply projects to gas quality issues.
LNG Daily can give you the competitive edge by providing:
• Daily spot market assessments
• Market-moving news and analysis
• Information on new LNG supply projects
• Reports on development/construction of new liquefaction projects and plants
• Updates on siting/development/construction of new receipt terminals
• Information regarding regulatory proceedings
• Reports and news on shipping
• Details of contract pricing terms
• Review of supply/demand fundamentals
• Monitoring of the impact of competitive fuels
• Safety updates
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• Details of LNG project financing
• LNG Terminal Trackers capture details and data on existing and proposed terminals across Asia, Europe, Middle East,
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•Platts Natural Gas Alert
Platts Natural Gas Alert provides news and market coverage of the North American natural gas industry, including intraday
reports on trading and key end-of-day gas price assessments.
•Platts Electricity Alert
Platts Electricity Alert provides real-time news and market coverage of the North American electric power industry,
including spot market transaction reports, end-of-day price assessments, weather reports and production figures.
•Platts European Power Alert
Platts European Power Alert offers real-time news and market coverage of the European gas and power markets, including
independent price discovery and market commentary, vital cross-fuel comparisons, information on fundamentals (i.e.
weather), nuclear power and hydro-electric reservoir levels. EPA also delivers daily exchange summaries direct from each
of the leading European exchanges.
For more information, please contact the Platts sales office nearest you.
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+1-800-PLATTS8 (toll-free)
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