2017 Policy and Market Issues for Natural Gas Suppliers Jan 31... · Dena Wiggins, President and...
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](https://reader034.fdocuments.us/reader034/viewer/2022050410/5f86d8e466908746822ab75f/html5/thumbnails/1.jpg)
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](https://reader034.fdocuments.us/reader034/viewer/2022050410/5f86d8e466908746822ab75f/html5/thumbnails/2.jpg)
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](https://reader034.fdocuments.us/reader034/viewer/2022050410/5f86d8e466908746822ab75f/html5/thumbnails/3.jpg)
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
0
10
20
30
40
50
60
70
80
90
100
0
5
10
15
20
25
30
35
40
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](https://reader034.fdocuments.us/reader034/viewer/2022050410/5f86d8e466908746822ab75f/html5/thumbnails/4.jpg)
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](https://reader034.fdocuments.us/reader034/viewer/2022050410/5f86d8e466908746822ab75f/html5/thumbnails/5.jpg)
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](https://reader034.fdocuments.us/reader034/viewer/2022050410/5f86d8e466908746822ab75f/html5/thumbnails/6.jpg)
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](https://reader034.fdocuments.us/reader034/viewer/2022050410/5f86d8e466908746822ab75f/html5/thumbnails/7.jpg)
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](https://reader034.fdocuments.us/reader034/viewer/2022050410/5f86d8e466908746822ab75f/html5/thumbnails/8.jpg)
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