# Presentation: 703212

## Status and Outlook for

**April 14, 2005**
**New Orleans, LA**

**Guy F. Caruso**
**Administrator**
**Energy Information Administration**

**Status and Outlook for**
**U.S. Liquefied Natural Gas Markets**

## U.S. Natural Gas Production, Consumption, and

**Net Imports, 1960-2025 (trillion cubic feet)**

**15%**

**28%**

**Net Imports**

**Consumption**

**Production**

**Natural Gas Net Imports, 2003 and 2025**
**(trillion cubic feet)**

*Annual Energy Outlook 2005*

## Lower 48 Natural Gas Wellhead Prices, 1970-2025 (2003 dollars per thousand cubic feet)

**1995**

**2025**

**(nominal dollars)**

**$1.55**

**$8.23**

**History**

**Projections**

*Annual Energy Outlook 2005*

**Reference Case**
**$4.79**

**Rapid Technology**
**$4.35**

**Slow Technology**
**$5.18**

## U.S. Natural Gas Consumption by Sector, 1990-2025(trillion cubic feet)

**History**

**Industrial***

**Electric Generators**

**Residential**

**Commercial**

**Transportation****

**Projections**

*Annual Energy Outlook 2005*

-  * Includes lease and plant fuel

- ** Includes pipeline fuel

## U.S. Dry Natural Gas Production, 1990 - 2025 (trillion cubic feet)

**History**

**Projections**

**Associated-Dissolved**

**Non-Associated Offshore**

**Non-Associated**
**Onshore Conventional**

**Onshore Unconventional**

**Alaska**

*Annual Energy Outlook 2005*

## U.S. Net Imports of Natural Gas, 1970-2025(trillion cubic feet)

**History**

**Projections**

**Canada**

**Liquefied Natural Gas**

**Mexico**

*Annual Energy Outlook 2005*

## U.S. LNG Imports by Country, 1992-2004(billion cubic feet)

**Nigeria**

**Qatar**

**Other**

**Australia**

**Trinidad and Tobago**

**Algeria**

- Energy Information Administration

## Current U.S. LNG Import Terminals

**Current U.S. LNG Import Terminals**

**Elba Island, Georgia**
- 4.1 Bcf Storage Capacity
- Regasification Capacity:
- Peak: 675 MMcf per day
- Baseload: 460 MMcf per day

**Cove Point, Maryland**
- 7.8 Bcf Storage Capacity
- Regasification Capacity:
- Peak: 1 Bcf per day
- Baseload: 750 MMcf per day

**Everett, Massachusetts**
- 3.5 Bcf Storage Capacity
- Regasification Capacity:
- Peak: 885 MMcf per day
- Baseload: 710 MMcf per day

- Energy Information Administration

**Lake Charles, Louisiana**
- 6.3 Bcf Storage Capacity
- Regasification Capacity:
- Peak: 1.2 Bcf per day
- Baseload: 630 MMcf per day

**Gulf Gateway Energy Bridge**
- No Storage Capacity
- Regasification Capacity:
- Peak & Baseload: 500 MMcf per day

## U.S. LNG Imports, 1990-2025(trillion cubic feet)

**History**

**Projections**

**New Terminals**

**Existing Terminals**

*Annual Energy Outlook 2005*

## Regional LNG Imports at New Terminals,2010, 2015, 2020, and 2025 (billion cubic feet)

**Regional LNG Imports at New Terminals,****2010, 2015, 2020, and 2025 (billion cubic feet)**

**Mid**** **

**FL**

**South**

**New**

** ****South**

**East**

**AZ/NM**

**Mountain**

**WA/OR**

**CA**

**Mexico into US**

**(2007)**

**(2006)**

**(2010)**

**(2010)**

**(2016)**

**(2020)**

**(2020)**

**(20xx) – Start year of first new terminal**

- A*nnual Energy Outlook 2005*

**Florida**

**South Atlantic**

**Middle Atlantic**

**New England**

**East South Central**

**West South Central**

**Central**

**Atlantic**

**Atlantic**

**West **

**England**

**Central**

**South**

**West **

**North**

**Central**

**Central**

**North**

**East**

## Components of Minimum Regional LNG Trigger Costs by Region (2003 dollars per thousand cubic feet)

**Existing**

**New**

*** Regasification includes pipeline cost from Bahamas**

*Annual Energy Outlook 2005*

## Summary

**Nearly all of the increase in U.S. net imports from 2003 through 2025 is expected to come from LNG, as Canadian imports peak and decline.***** ***
**A substantial boost in supplies from production or imports will take time and will require additional infrastructure.**
**The first new U.S. LNG terminal in more than 20 years began operation on the Gulf Coast on March 17.**

**Summary**

##    “Restricted Natural Gas Supply Case,” Annual Energy Outlook 2005

**Guy F. Caruso**
**Energy Information Administration**
**Guy.Caruso@eia.doe.gov**

**   *****Annual Energy Outlook 2005*****, December 9, 2004**
**   *****Short-Term Energy Outlook*****, monthly**
**   *****International Energy Outlook 2004*****, April 14, 2004**
**   ****Special Reports:**
**    *****The Global Liquefied Natural Gas Market: Status and Outlook,    ***
***    *****December 2003**
**   “****Qatar LNG: Status and Development,” *****International Energy Outlook 2004 ***
***   *****“****Restricted Natural Gas Supply Case,” *****Annual Energy Outlook 2005***
**    **

**www.eia.doe.gov**