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    LNG 01

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    Abhijeet Mukherjee
    The document summarizes LNG market trends and opportunities in Thailand presented by Terdkiat Prommool of PTT. It outlines that global LNG demand is increasing as liquefaction train sizes grow larger and new projects utilize floating LNG facilities. PTT's strategy is to procure short-term LNG supplies while securing long-term contracts through 2015 and beyond. PTT has established an LNG receiving terminal in Map Ta Phut that began commercial operations in 2011, receiving its first 11 commissioning cargoes. The terminal currently has capacity for 5 MTPA with plans to double to 10 MTPA, providing opportunities for Thailand's growing LNG business.

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    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    LNG 01

    Uploaded by

    Abhijeet Mukherjee
    427 views24 pages
    The document summarizes LNG market trends and opportunities in Thailand presented by Terdkiat Prommool of PTT. It outlines that global LNG demand is increasing as liquefaction train sizes grow larger and new projects utilize floating LNG facilities. PTT's strategy is to procure short-term LNG supplies while securing long-term contracts through 2015 and beyond. PTT has established an LNG receiving terminal in Map Ta Phut that began commercial operations in 2011, receiving its first 11 commissioning cargoes. The terminal currently has capacity for 5 MTPA with plans to double to 10 MTPA, providing opportunities for Thailand's growing LNG business.

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    LNG prospect

    Original Title

    LNG-01

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    The document summarizes LNG market trends and opportunities in Thailand presented by Terdkiat Prommool of PTT. It outlines that global LNG demand is increasing as liquefaction train sizes grow larger and new projects utilize floating LNG facilities. PTT's strategy is to procure short-term LNG supplies while securing long-term contracts through 2015 and beyond. PTT has established an LNG receiving terminal in Map Ta Phut that began commercial operations in 2011, receiving its first 11 commissioning cargoes. The terminal currently has capacity for 5 MTPA with plans to double to 10 MTPA, providing opportunities for Thailand's growing LNG business.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    427 views24 pages

    LNG 01

    Uploaded by

    Abhijeet Mukherjee
    The document summarizes LNG market trends and opportunities in Thailand presented by Terdkiat Prommool of PTT. It outlines that global LNG demand is increasing as liquefaction train sizes grow larger and new projects utilize floating LNG facilities. PTT's strategy is to procure short-term LNG supplies while securing long-term contracts through 2015 and beyond. PTT has established an LNG receiving terminal in Map Ta Phut that began commercial operations in 2011, receiving its first 11 commissioning cargoes. The terminal currently has capacity for 5 MTPA with plans to double to 10 MTPA, providing opportunities for Thailand's growing LNG business.

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    PTTs Analyst Meeting, Phuket Province

    LNG Growth and Opportunities in Thailand

    Terdkiat Prommool
    Vice President, LNG Supply Department PTT Public Company Limited
    6 January 2012

    Content
    LNG business/market for last decade LNG Market Outlook LNG sourcing strategy PTT LNG Receiving Terminal and further business opportunities

    Page 2

    Upstream : Unconventional Gas to LNG


    Unconventional Gas: Unconventional gas has been proposed as a supply source for numerous LNG projects

    SOURCE: Wood Mackenzie , 2011 LNG Supply Department PTT Group 3 PTT PUBLIC COMPANY LIMITED

    Liquefaction : Train Size is getting bigger

    LNG Supply Department PTT Group

    4 PTT PUBLIC COMPANY LIMITED

    Liquefaction : Smaller gas field and FLNG solution


    Proposed FLNG Projects of Northern Australia Owner: Shell FID : May 2011 Capacity: 3.6 MTPA First LNG: 2016/17 Owner: Flex LNG FID : target Q1:2012 Capacity: 2 MTPA First LNG: TBC Owner: PTTEP/PTT Capacity: 2 MTPA

    FLEX LNG

    Other 21 projects are under developed, with Other 21 Projects total capacity 30 MTPA such as PETRONAS, INPEX, BHP and others
    SOURCE: Wood Mackenzie , LNG Service LNG Supply Department PTT Group 5 PTT PUBLIC COMPANY LIMITED

    Shipping : LNG vessels double in size

    Nakilat (Qatar)
    Q-Flex and Q-Max vesels have capacities of
    between 209,000 and 266,000 cu.m ( and cost US$250-285 million each) By 2010, Nakilat own 54 LNG vessels, making it the largest LNG ship owner in the world.

    LNG Supply Department PTT Group

    6 PTT PUBLIC COMPANY LIMITED

    Re-gasification : Floating Re-gasification Solution

    FSRU is an enlarged version of SRV. A stationary FSRU will allow offshore side by side discharge of traditional LNG carriers.

    FSRU

    SRV is an LNG vessel with onboard LNG vaporizers. The SRV is classified as ship. Re-gasified LNG is discharged buoy connected to a riser and subsea pipeline. The Two separate buoys will ensure continuous send-out by overlap between arriving and departing SRVs
    SRV

    LNG Supply Department PTT Group

    7 PTT PUBLIC COMPANY LIMITED

    Re-gasification : Floating Re-gasification Solution


    Nominal Capacity of floating re-gasification terminal by country

    Note: Only include floating terminal that are in-operation and under construction
    LNG Supply Department PTT Group 8 PTT PUBLIC COMPANY LIMITED

    New Buyers: Middle East : Exporter or Importer?

    LNG Supply Department PTT Group

    9 PTT PUBLIC COMPANY LIMITED

    Content
    LNG business/market for last decade LNG Market Outlook LNG sourcing strategy PTT LNG Receiving Terminal and further business opportunities

    Page 10

    LNG Trade in 2010

    Import/Export Volume 220 Million Ton Exporting Countries


    UAE Brunei 3% 3% Oman 4% Egypt 3% Trinidad 7% Nigeria 8% Australia 9%

    Importing Countries
    Others 27% Japan 31%

    Others 11%
    Qatar 25%
    USA 4%
    India 4% Taiwan 5%

    Malaysia 10%
    Indonesia Algeria 11% 6%

    Spain 9% France 5%

    Korea 15%

    Source : BP Energy Statistic 2010


    LNG Supply Department PTT Group 11 PTT PUBLIC COMPANY LIMITED

    Global LNG Demand/Supply Outlook


    Global LNG supply1 and demand forecast Million tons LNG per annum (mtpa)
    600
    Global LNG demand

    500
    Speculative (unlikely)

    400
    Planned (possible)

    300

    Under construction

    200
    Existing capacity

    100

    0
    2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
    1 Assuming 95% utilization. New projects coming on-stream deliver 25% in first year, ramping up to full production in second year SOURCE: McKenzie LNG Supply Department PTT Group 12 PTT PUBLIC COMPANY LIMITED

    Many proposals target for long term demand

    SOURCE: Wood Mackenzie , 2011 LNG Supply Department PTT Group 13 PTT PUBLIC COMPANY LIMITED

    Content
    LNG business/market for last decade LNG Market Outlook LNG sourcing strategy PTT LNG Receiving Terminal and further business opportunities

    Page 14

    PTT s LNG Procurement Plan

    Short Term/Medium Term Supply ( 2011 -2014):


    Opportunities from volatile market situation Long Term Supply (2015+) - Procure from reliable sources

    - Procure from multiple suppliers in order to mitigate risk


    - Participate in LNG projects through out value chain, if possible, including : Conventional LNG Supply

    Unconventional LNG Supply

    LNG Supply Department PTT Group

    15 PTT PUBLIC COMPANY LIMITED

    Content
    LNG business/market for last decade LNG Market Outlook LNG sourcing strategy PTT LNG Receiving Terminal and further business opportunities

    Page 16

    Map Ta Phut LNG Terminal

    GSP

    Sukhumvit Rd.

    4th Pipeline Road I-1 Road No. 36

    Inter connecting pipeline


    Ta Guan Bay

    4th Pipeline

    MT P
    LNG Terminal
    Off-shore Pipeline no 1-3

    LNG Supply Department PTT Group

    Re-gasified LNG will be blended with domestic gas through inter connecting pipeline (13 Km ,yellow line) 17 PTT PUB IC OMPANY before sending to PTTs customers by LgasCpipeline L I M I T E D
    17

    Description of Map Ta Phut LNG Terminal


    Phase 1

    Phase 2 PHASE 1 Jetty Vessel Size (m3) LNG Tank (m3) Capacity: ORV (MTPA) Truck Loading (ton/day) Commercial Operation
    LNG Supply Department PTT Group

    PHASE 2 1 125,000- 264,000 160,000 x 1 5 500 To be determined


    18 PTT PUBLIC COMPANY LIMITED

    1 125,000- 264,000 160,000 x 2 5 500 Q3 - 2011

    18

    How large is a 100,000 cu.m tank?

    LNG Supply Department PTT Group

    19 PTT PUBLIC COMPANY LIMITED

    PTTLNG Receiving Terminal


    PTTLNG was founded in August 2004 as a wholly owned by PTT to build and operate Thailand first LNG receiving terminal to serve long term energy supply need of the country.
    PTT Plc.
    LNG Sourcing & SPA

    PTTLNG : Receiving Terminal

    PTT Plc.
    Natural gas selling

    LNG A LNG B

    PTT Transmission Pipeline

    Jetty

    LNG Storage
    Custody Transfer

    Vaporiser

    Gas

    Aggregator
    Currently PTT owns 100% capacity right of terminal capacity (Phase I : 5 MTPA, Phase II: 10 MTPA)
    LNG Supply Department P T T Custody and/or Title transfer Group 20 PTT PUBLIC COMPANY LIMITED

    points

    20

    Terminal Commissioning Accomplished Get to Commercial Period


    PTT received 1st commissioning cargo in May 31st, 2011 Commercial operation started on September 6, 2011 Up until now, 11 cargoes have been imported to Map Ta Phut LNG terminal

    LNG Supply Department PTT Group

    21 PTT PUBLIC COMPANY LIMITED

    21

    Commissioning LNG Cargoes Imported to Thailand

    LNG Supply Department PTT Group

    22 PTT PUBLIC COMPANY LIMITED

    22

    LNG Business Opportunities and Challenges

    LNG Supply Department PTT Group

    23 PTT PUBLIC COMPANY LIMITED

    Thank you

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