LNG PRODUCER CONSUMER CONFERENCE 2017aperc.ieej.or.jp/file/2017/10/11/Minister+Leticia...1 LNG...
Transcript of LNG PRODUCER CONSUMER CONFERENCE 2017aperc.ieej.or.jp/file/2017/10/11/Minister+Leticia...1 LNG...
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LNG PRODUCER CONSUMER CONFERENCE 2017
PRODUCER CONSUMER COOPERATION TOWARDS DEVELOPING LNG MARKET IN ASIA
‐ GOVERNMENT PERSPECTIVES
LETÍCIA DEUSINA DA SILVA KLEMENSMINISTER OF MINERAL RESOURCES AND ENERGY
THE REPUBLIC OF MOZAMBIQUE18 October 2017
Tokyo
A New Global Source of Energy Security
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Geographical• East Africa – access to markets• Close to shore – ~40 km• Water depth – 300 m to 1900 m• Afungi Peninsula – conducive
location for LNG facilities
Geological• One of the largest gas
discoveries globally in past 20 years
• Multiple reservoirs• High-quality reservoir rock• 100+Tcf recoverable gas
resource
Ability to Expand
MOZAMBIQUEMOZAMBIQUE
The geographic location of the resources provides flexibility for Mozambique LNG to pursue customers in various markets around the globe, particularly in growing Asian markets.
Strategic Rationale for Mozambique LNG
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www.mzlng.com
Real opportunity exists to diversify supply sourcesSource: IHS, APC
Existing Producers’ Capacity
FUTURE DEMAND GROWTH
USA256+ MTPA
Nigeria9+
MTPA
Eq. Guinea 2.5
MTPA
Canada138+ MTPA
Mauritania2.5
MTPA
Congo
1.2MTPA
Mozambique50+
MTPA
Tanzania
10MTPA
Iran10
MTPA
Egypt
?MTPA
Qatar23
MTPA
Russia37+
MTPA
Indonesia7+
MTPA
MTPA
PNG
7+ MTPA
Australia10+
MTPAEmerging Producers’ Capacity
Who Could Fill This Demand Gap?
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Why Mozambique LNG? Massive Resource Base – 100+ Tcf Expandable to minimum 8 – 10 Trains – 50+
MTPA Opening up of New LNG Supply Basin for 21st
Century Enhancing Global Energy Security through
Diversification Centrally located to support Atlantic Basin / Pacific
Basin Trade Competitive and Flexible Terms Partner Commitment backed by Host Government
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