2017 Policy and Market Issues for Natural Gas Suppliers Jan 31... · Dena Wiggins, President and...

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WWW.NGSA.ORG Dena Wiggins, President and CEO, Natural Gas Supply Association January 31, 2017 2017 Policy and Market Issues for Natural Gas Suppliers USEA State of the Energy Industry Forum

Transcript of 2017 Policy and Market Issues for Natural Gas Suppliers Jan 31... · Dena Wiggins, President and...

Page 1: 2017 Policy and Market Issues for Natural Gas Suppliers Jan 31... · Dena Wiggins, President and CEO, Natural Gas Supply Association January 31, 2017 2017 Policy and Market Issues

WWW.NGSA.ORG

Dena Wiggins,

President and CEO, Natural Gas Supply Association

January 31, 2017

2017 Policy and Market Issues for Natural Gas Suppliers USEA State of the Energy Industry Forum

Page 2: 2017 Policy and Market Issues for Natural Gas Suppliers Jan 31... · Dena Wiggins, President and CEO, Natural Gas Supply Association January 31, 2017 2017 Policy and Market Issues

Good News Story:

Size of U.S. Recoverable Natural Gas Resource

Doubled in Last Decade

Page 3: 2017 Policy and Market Issues for Natural Gas Suppliers Jan 31... · Dena Wiggins, President and CEO, Natural Gas Supply Association January 31, 2017 2017 Policy and Market Issues

Shale resources remain the dominant source of U.S. natural gas production growth

3

U.S. dry natural gas production

trillion cubic feet

Source: EIA, Annual Energy Outlook 2015 Reference case

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10

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1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040

Tight gas

Coalbed methane

Other lower 48 onshore

Shale gas and tight oil plays

Alaska Lower 48 offshore

Projections History 2013

billion cubic feet per day

Annual Energy Outlook 2015,

April 14, 2015

Page 4: 2017 Policy and Market Issues for Natural Gas Suppliers Jan 31... · Dena Wiggins, President and CEO, Natural Gas Supply Association January 31, 2017 2017 Policy and Market Issues

Producers Improve Ability to Produce at Lower Cost

Technological

advances and

efficiencies include

the “walking rig”

Page 5: 2017 Policy and Market Issues for Natural Gas Suppliers Jan 31... · Dena Wiggins, President and CEO, Natural Gas Supply Association January 31, 2017 2017 Policy and Market Issues

LNG Exports: Launch of New Era Also growth in Mexican Exports, Maritime Industry

Page 6: 2017 Policy and Market Issues for Natural Gas Suppliers Jan 31... · Dena Wiggins, President and CEO, Natural Gas Supply Association January 31, 2017 2017 Policy and Market Issues

14 Expansions

10 Petrochemical

4 Fertilizer

$121 Billion

Investment to Build

Increase of 3.7

Bcf/d

57 New Projects

47 Petrochemical

10 Fertilizer

Industrial Demand: Natural Gas Spurring 71 Major Industrial Projects 2015–2021

Data Source: Energy Ventures Analysis, June 2015 Photo courtesy: Chevron U.S.A. Inc., 2015 (Pascagoula)

Page 7: 2017 Policy and Market Issues for Natural Gas Suppliers Jan 31... · Dena Wiggins, President and CEO, Natural Gas Supply Association January 31, 2017 2017 Policy and Market Issues

Infrastructure Hurdles: Environmental Activism at New Heights

Page 8: 2017 Policy and Market Issues for Natural Gas Suppliers Jan 31... · Dena Wiggins, President and CEO, Natural Gas Supply Association January 31, 2017 2017 Policy and Market Issues

Largest natural gas event in world – comes to

DC June 2018

4,000 delegates from around world, across value

chain

Maximize opportunity to spread your message

Attend or exhibit

Coordinate meetings in DC to coincide with WGC

World Gas Conference Washington, D.C. June 2018