NASD Summer Conference North American Shale Supply and Demand Trends

Size: px
Start display at page:

Download "NASD Summer Conference North American Shale Supply and Demand Trends"

Transcription

1 NASD Summer Conference North American Shale Supply and Demand Trends Charles Nevle, Manager Energy Analysis June 7, Platts, McGraw Hill Financial. All rights reserved.

2 Who is Bentek? Bentek employs over 40 fundamental analysts backed by robust IT resources 12 product lines Consulting division 400+ customers Founded in 1985 Denver, Colorado, USA Fully integrating into Platts (products, staff) Global support through Platts sales, marketing and operations 2

3 What Bentek Studies North America: Europe: Globally: Natural gas, crude oil, LNG, NGLs, power and infrastructure Natural gas, LNG, power and infrastructure LNG and infrastructure 3

4 Ket Takeaways The shale boom for natural gas, NGL s and oil continues Power Generation and Industrial Demand gain market LNG creates an outlet for growing U.S. supply of gas Mexican gas demand continues to grow NGL growth requires significant infrastructure development Crude oil production growth pushes out imports Significant investment in new infrastructure required 4

5 Big Ticket Infrastructure Growth Natural Gas Pipelines Power Plants Processing Plants LNG Export Terminals GTL Plants NGL s & Petrochem Pipelines/Rail Fractionators Steam Crackers, PDH Units Export Terminals Production Growth Natural Gas 25% NGL s 71% Oil 49% Oil Pipelines/Rail Condensate Splitters Rail Refined Product Export Terminals 5

6 $/MMBtu Equivalent Shale Has Created Opportunity for Investment $30.00 $30.00 $25.00 $25.00 $20.00 $20.00 $15.00 $15.00 $10.00 $5.00 Value Gap $10.00 $5.00 $0.00 $0.00 CAPP WTI HH MB NGL Brent Source: ICE, EIA as of 4/17/13 6

7 Natural Gas Trends 7

8 Bcf/d Long Term Holds More of the Same Supply Demand Exports Changes in Bcf/d from 2012 to

9 Bcf/d Gas Production Growth Driven by Shale Plays in Texas & Northeast Markets Production is expected to rise over 16 Bcf/d, or 25%, between 2012 and The Northeast and Texas lead the growth (7.9 and 5.1 Bcf/d). Drive to NGLs and Oil heavy areas are driving the geography of gas production. NE SE TX MCP MCM ROX SW 9

10 Bcf/d Power Gen and LNG Exports Lead Demand Growth in U.S. Over Next 5 Years Demand Growth Bcf/d Type 2.9 Power Gen 3.1 Res/Com 2.0 Industrial 0.2 Pipe Loss 4.1 LNG Exports 2.1 Exports to Mexico 14.3 Total 0 RES/COM INDUSTRIAL PIPE LOSS POWER Exports to Mexico LNG EXPORTS 10

11 Evolution of Power Sector Development By Region Through 2018 In US, nearly 14 GW of new gas under construction, in the face of 28 GW of coal retirements. 14 GW at 50% Utilization and 7.5 Heat Rate = 1.26 Bcf/d of new gas demand. Source: BENTEK North American Power Plant Databank

12 US Industry Expansion U.S. Industrial Sector Projects Regional Demand Region Chemical Industrial Metals Petroleum Total Projects Estimated Demand (MMcf/d) Southeast 1, , ,405 Midcon Market 1, ,158 Northeast Texas Midcon Producing Rockies Southwest Pacific Northwest To be determined Total U.S ,913 Demand (MMcf/d) by sector 2, ,682 Projects from December 2012 through year-end 2018 Source: US Industrial Demand Tracker 12

13 Big Business: Gas-To-Liquids U.S. Gas-to-liquids Projects Project Owner Location Region Estimated Demand In-service (MMcf/d) Calumet GTL Calumet Specialty Products Karns City (PA) Northeast Clean Energy Center Marcellus GTL Duncansville (PA) Northeast Mississippi Liquids Project EmberClear GTL Natchez (MS) Southeast Pennsylvania Liquids Project EmberClear GTL Pottsville (LA) Northeast G2X Energy / EMRE G2X Energy Lake Charles (LA) Southeast Westlake GTL Sasol Westlake (LA) Southeast Gulf Coast GTL Royal Dutch Shell Louisiana Southeast 1, TBD Carbon Sciences TBD Southwest n/a n/a Total U.S. 2,628 With a GTL project, 10 Mcf of natural gas typically equals 1 barrel of product. Source: US Industrial Project Tracker 13

14 Bc/d U.S. Shifts To Net Exporter in % U.S. Supply/Demand Balance 4% 2% 1% Dry Production US Production Forecast US Demand US Demand Forecast Source: BENTEK Cell Cast 14

15 North American Exports: Base Case Forecast HN DC LNG Kitimat LNG LNG Canada Canadian Exports: DC LNG 0.25 Bcf/d (1.8 mtpa) Kitimat LNG 1.4 Bcf/d (10 mtpa) LNG Canada (Phase 1 ) Bcf/d (12 mpta) Gulf Coast Export Terminals: Freeport LNG 1.76 Bcf/d (13.2 mtpa) Lake Charles 2 Bcf/d (15 mtpa) Sabine Pass 2.4 Bcf/d (18 mtpa) Cameron 1.6 Bcf/d (12 mtpa) North East Exports: Cove Point 0.75 Bcf/d (5.6 mtpa) Lake Charles Cove Pt. South East Exports: Elba Island FLNG 0.5 Bcf/d ( 4mtpa) Freeport Elba Island Existing Import + Proposed Export Proposed Export Cameron Sabine Pass Source: BENTEK

16 Mexican Demand Driven By Power Is Growing P. Libertad 620 MW (2014) Guaymas I (2015) 108 MW CC Guaymas II (2017) 747 MW CC Guaymas III (2018) 747 MW Topolobampo I (2016) 320 MW CC Topolobampo II (2016) 700 MW CC Topolobampo III (2017) 700 MW Mazatlan (2016) 300 MW CC Norte II (2013) 459 MW CC Norte III (2015) 954 MW CC Norte IV (2019) 918 MW CC Norte V (2022) 944 MW CC Mazatlan (2021) 867 MW Aqua Prieta II (2013) 463 MW Export Pipeline Expansions: 1. El Paso Wilcox Lateral: 185 MMcf/d, Apr CC Norte VI (2025) 918 MW 2. El Paso Norte Crossing: 366 MMcf/d, Aug El Paso Samalayuca: 237 MMcf/d, Aug Kinder Morgan Mier Monterrey: 275 MMcf/d, Apr TETCO Reynosa: 300 MMcf/d, June 2014 Mexican Power Expansion ,405 MW Incremental Export Capacity 2.5 Bcf/d by 80%; 4, MMcf/d heat rate Total Export Capacity by 2015: 9,598 MMcf/d 6. El Paso Sierrita: MMcf/d, Oct Net Midstream Frontera: 2,100 MMcf/d, Nov Source: Comision Federal de Electricidad (CFE) 16

17 Bcf/d Exports to Mexico Expected to Rise Supporting Power Demand Growth in Mexico Exports to Mexico are expected to rise 1.7 Bcf/d or 114% between 2012 and Several pipeline projects are in the works to facilitate this increase. Rising gas production in Eagle Ford and increasing gas fired power generation demand in Mexico is fueling the rise in exports. From Southwest From Texas 17

18 Transportation Scenario Vehicle Type Total Gallons Consumed (Millions) Bcf/d Full Conversion Passenger 130, Bus 1, Truck (Long Haul) 26, Rail 3, Marine Vessel 4, Total 166, : 5% of Long Haul Trucks = 0.5 Bcf/d 80% of all Buses = 0.3 Bcf/d 0.25% of Passenger Cars = 0.1 Bcf/d 5% of Rail = 0.1 Bcf/d 5% of Marine Vessel = 0.1 Bcf/d TOTAL = 1.1 Bcf/d Source: BENTEK, EIA, Federal Highway Administration 18

19 Natural Gas Liquids Trends 19

20 Increasing Supply Drives Exports 20

21 US NGL Infrastructure Additions Allows Production Growth Mb/d MMcf/d Gas Production Gas Processing NGL Fractionation NGL Transportation Bcf/d Bcf/d +1.5 MMb/d MMb/d Proposed US NGL Projects 2,000 12,000 1,500 10,000 8,000 1,000 6, ,000 2, TBD Transport Capacity Fractionation Processing 21

22 Mb/d U.S. NGL Production to Increase by 1.7 MMb/d ,500 4,000 3,500 3,000 2,500 2,000 1,500 1, Ethane 43% Propane 28% N Butane 10% I Butane 6% Natural Gasoline 13% 22

23 Expansions, Feedslate Switching and New Steam Cracker Projects to Increase Demand for Ethane Project Capacity Type Year Operational Steam Cracker Capacity (MMlbs/yr) Ethane Demand (MB/d) Williams - Geismar Expansion Westlake - Lake Charles #2 Expansion Ineos - Chocolate Bayou Expansion Dow - St Charles Restart Lyondell - Channelview Feed Slate Switch Lyondell - Clinton Debottleneck BASF Debottleneck Westlake - Calvert City Feed Slate Switch Lyondell - La Porte Expansion Dow - Plaquamine Expansion Westlake - Lake Charles #1 Expansion Exxon New CP Chem New Occidental/Mexichem New Formosa New Dow New Sasol New Shell New Total 22, Source: NGL Market Call, Data as of April 26,

24 Mb/d U.S. Ethane Market Long With Williston Ethane Produced, Rejection to Exceed 200 Mb/d from ,000 1,800 1,600 1,400 1,200 1, Gas Plant Supply Refinery Supply Petchem Demand Exports Rejected Volumes Source: NGL Market Call, Data as of April 26,

25 Planned PDH Capacity in the U.S. and Canada Working to Balance North American Market Project Capacity Type Year Operational PDH Capacity (MMlbs/yr) Propane Demand (Mb/d) Dow Chemical New Enterprise New Formosa New C3 Petrochemicals New Williams (Canada) New Total

26 Mb/d Growth in Propane Supply to be Relieved by Exports and Petrochemicals Petchem Demand Heating Demand Exports Propane Supply Note: Updated as of 4/26/2013, Source BENTEK NGL Market Call 26

27 Export Capacity Could Expand by over 750 Mb/d Company Status Capacity (Mb/d) ISD Targa: Galena Park Current 40 N/A Enterprise Products Operating Current 225 N/A Targa: Galena Park Expansion 60 3Q2013 Mariner East New 45 3Q2014 Targa: Galena Park Expansion Q2014 Vitol New 90 1Q2015 Occidental New Targa: Galena Park Expansion Sunoco Logistics Partners New Altagas New Total Potential Capacity

28 Overbuild of LPG Export Capacity On the Horizon if all Facilities Move Forward & Operate Near Design Capacity Mb/d Faster than Expected Growth Needed to Fill All Projects Propane Exports Butane Exports Total Export Capacity 28

29 MBPD Exports Required to Keep Normal Butane Balanced Gas Plant Supply Refinery Production Imports Petchem Demand Isomerization Demand Refinery Inputs Note: Updated as of 4/26/2013, Source BENTEK NGL Market Call

30 Isobutane Market to Balance by Reducing Isomerization MBPD Gas Plant Supply Isomerization Octane Enhancement Petchem Refinery Inputs Exports Note: Updated as of 4/26/2013, Source BENTEK NGL Market Call

31 MBPD U.S. Natural Gasoline Supply Will Be Exported for Diluent in Western Canada & Potentially Abroad to Petchems Gas Plants Imports Petchem Renewable Fuels Refinery Demand Exports Note: Updated as of 4/26/2013, Source BENTEK NGL Market Call

32 Crude Oil Trends 32

33 Mb/d U.S. Oil Production Growth Primarily From Permian, Bakken, and Eagle Ford 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 U.S. Production Forecast Source: HPDI & May 2013 BENTEK Crude Oil PADD Balances Rest of U.S. Permian Bakken Eagle Ford

34 New Pipelines To Flow Canadian and U.S. Production to Coastal Markets Bakken Niobrara Anadarko Permian Pipe with Firm Commitments Source: Petroleum Project Tracker Not All Projects Shown Eagle Ford Proposed Pipeline 34

35 Miles Crude Oil Pipeline Projects 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 Source: Petroleum Project Tracker Not All Projects Shown Other Crude Oil 35

36 Mb/d Waterborne Imports to Account for Only 13% of Total U.S. Crude Supply by ,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000-60% 50% 40% 30% 20% 10% 0% Domestic Production U.S. Waterborne Imports Canadian Imports % Non-Canadian Source: BENTEK May 2013 Crude Oil PADD Balances

37 Ket Takeaways The shale boom for natural gas, NGL s and oil continues Power Generation and Industrial Demand gain market LNG creates an outlet for growing U.S. supply of gas Mexican gas demand continues to grow NGL growth requires significant infrastructure development Crude oil production growth pushes out imports Significant investment in new infrastructure required 37

38 Q&A 38

Suzanne Minter. Manager, Oil and Gas Consulting BENTEK Energy. Natural Gas Outlook

Suzanne Minter. Manager, Oil and Gas Consulting BENTEK Energy. Natural Gas Outlook Suzanne Minter Manager, Oil and Gas Consulting BENTEK Energy Natural Gas Outlook North American Natural Gas The Fertilizer Institute November, 2014 2013 Platts, McGraw Hill Financial. All rights reserved.

More information

Join Together With Demand:

Join Together With Demand: A RBN Energy Drill Down Report Copyright 2015 RBN Energy Join Together With Demand: The Who and How of Marcellus/Utica Midstream MarkWest Processing and Fractionation Plants 1. Introduction RBN Pipeline

More information

Keeping Our Options Open: Markets for Canadian Crude and the Pipeline Dilemma

Keeping Our Options Open: Markets for Canadian Crude and the Pipeline Dilemma Keeping Our Options Open: Markets for Canadian Crude and the Pipeline Dilemma Trisha Curtis, Research Analyst Energy Policy Research Foundation, Inc. (EPRINC) CERI Oil Conference 2012 April 23 rd, 2012

More information

Crude Pipeline & Rail Infrastructure Overview. Presentation For: 8 th Annual Pipeline Development & Expansion Conference September 17, 2013

Crude Pipeline & Rail Infrastructure Overview. Presentation For: 8 th Annual Pipeline Development & Expansion Conference September 17, 2013 Crude Pipeline & Rail Infrastructure Overview Presentation For: 8 th Annual Pipeline Development & Expansion Conference September 17, 2013 Agenda» New Crude Production» Pipeline Projects» Rail Developments»

More information

US Ethane and Ethylene Exports & Markets Report

US Ethane and Ethylene Exports & Markets Report US Ethane and Ethylene Exports & Markets Report Introduction With the development of shale gas and oil the U.S. production landscape has experienced a dramatic shift over the last 5 years. There has been

More information

Gulf Natural Gas Region

Gulf Natural Gas Region Gulf Gas Market: Overview and Focal Points Page 1 of 15 Gulf Natural Gas Region Colonial Gas Mainline TX NGPL TXOK Carthage LA Waha Tennessee Zone 0 Katy Freeport Cameron Sabine Pass Henry Texas Eastern

More information

North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future

North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future Updated Supply Demand Outlook Background Executive Summary June 28, 2011 Sufficient midstream natural gas infrastructure,

More information

Son of a Beast Utica Triggers Regional Role Reversal

Son of a Beast Utica Triggers Regional Role Reversal Son of a Beast Utica Triggers Regional Role Reversal KEYTAKEAWAYS Son of a Beast Utica Triggers Regional Role Reversal Overview only. Contact BENTEK to subscribe. For more information about BENTEK s industry-leading

More information

Natural Gas. Shale Gas Impacts. Natural Gas Liquids (NGLs) Dan Brockett Penn State Extension

Natural Gas. Shale Gas Impacts. Natural Gas Liquids (NGLs) Dan Brockett Penn State Extension Natural Gas Shale Gas Impacts Natural Gas Liquids (NGLs) Dan Brockett Penn State Extension Natural Gas Liquids Natural Gas Liquids (NGLs) are found in wet gas or rich gas areas of shale gas producing regions.

More information

Northeast Propane Infrastructure, Supply Shortages & High Cost to Consumers

Northeast Propane Infrastructure, Supply Shortages & High Cost to Consumers Northeast Propane Infrastructure, Supply Shortages & High Cost to Consumers Crestwood s Finger Lakes NGL Storage Facility "The Solution" Crestwood Midstream Facilities Overview Gathering & Processing Gas

More information

Investment Options for Crude & Condensate Stabilization and Splitting

Investment Options for Crude & Condensate Stabilization and Splitting Investment Options for Crude & Condensate Stabilization and Splitting Ryan M. Couture Senior Consultant 2015 AFPM Annual Meeting March 23, 2015 San Antonio, TX Presentation Outline U.S. Production and

More information

How To Build A Gas Plant

How To Build A Gas Plant 1 NGL Fractionation & Storage Phoenix Energy Marketing Consultants Inc. 2 Fractionation & Storage 1. Storage 3 Fractionation & Storage Important part of the liquids transportation infrastructure NGLs must

More information

EIA s U.S. Crude Oil Import Tracking Tool: Selected Sample Applications

EIA s U.S. Crude Oil Import Tracking Tool: Selected Sample Applications EIA s U.S. Crude Oil Import Tracking Tool: Selected Sample Applications November 2014 Independent Statistics & Analysis www.eia.gov U.S. Department of Energy Washington, DC 20585 This report was prepared

More information

U.S. Energy Outlook. Oil and Gas Strategies Summit May 21, 2014 New York, NY. By Adam Sieminski, EIA Administrator

U.S. Energy Outlook. Oil and Gas Strategies Summit May 21, 2014 New York, NY. By Adam Sieminski, EIA Administrator U.S. Energy Outlook May 21, 214 New York, NY By Adam Sieminski, EIA Administrator U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov The U.S. has experienced a rapid increase

More information

Tennessee Gas Pipeline Co, LLC

Tennessee Gas Pipeline Co, LLC Co, LLC Northeast Gas Association Regional Market Trends Forum April 30, 2013 Preston Troutman Director, Business Development Kinder Morgan: Unparalleled Asset Footprint 3 rd largest energy company North

More information

Outlook for Oil and Natural Gas Markets

Outlook for Oil and Natural Gas Markets Outlook for Oil and Natural Gas Markets Helen Currie, PhD Senior Economist Legislative Finance Committee State of New Mexico 09-July-2014 Farmington, New Mexico Cautionary Statement The following presentation

More information

Polyethylene Price Drivers: What To Expect And Why.. PE: Market snapshot

Polyethylene Price Drivers: What To Expect And Why.. PE: Market snapshot Polyethylene Price Drivers: What To Expect And Why.. Nick Vafiadis, Director Polyethylene Flexible Packaging Association February 212 PE: Market snapshot Demand has been relatively weak domestic and export

More information

A Case for Midstream Energy

A Case for Midstream Energy Case Studies March 2014 Listed Infrastructure: A Case for Midstream Energy Case Studies is a Cohen & Steers series that evaluates compelling investment themes in our various sectors of expertise. This

More information

Outlook for the North American and Ontario Gas Markets

Outlook for the North American and Ontario Gas Markets Outlook for the North American and Ontario Gas Markets Union Gas Customer Meeting London, Ontario June 5, 2014 Presented by: Frank Brock Senior Energy Market Specialist ICF International Frank.Brock@ICFI.COM

More information

Global Shale Energy Development: Expanding Economics, Trends, and Implications

Global Shale Energy Development: Expanding Economics, Trends, and Implications Global Shale Energy Development: Expanding Economics, Trends, and Implications New and Historic Energy Direction with Shale Increasing share of U.S. natural gas production. 50%? 70%? (2040) Energy security

More information

Watco Companies, L.L.C. NUTC Oil Panel Discussion Terminal Perspective Evanston, IL June 11, 2014 Stefan Loeb SVP Marketing & Strategic Development

Watco Companies, L.L.C. NUTC Oil Panel Discussion Terminal Perspective Evanston, IL June 11, 2014 Stefan Loeb SVP Marketing & Strategic Development Watco Companies, L.L.C. NUTC Oil Panel Discussion Terminal Perspective Evanston, IL June 11, 2014 Stefan Loeb SVP Marketing & Strategic Development Terminal Perspective: Watco Shale Opportunities CASE

More information

U.S. Crude Oil Pricing Analysis

U.S. Crude Oil Pricing Analysis Alan Stevens, President Stancil & Co. 400 E. Las Colinas Boulevard Suite 700 Irving, Texas 75039 214.688.0255 www.stancilco.com Table of Contents I. Introduction and Summary of Findings... I-1 Historical

More information

Adding fuel to the fire North America s hydrocarbon boom is changing everything. Steven Meersman. Roland Rechtsteiner

Adding fuel to the fire North America s hydrocarbon boom is changing everything. Steven Meersman. Roland Rechtsteiner Adding fuel to the fire North America s hydrocarbon boom is changing everything Steven Meersman Mark Pellerin Roland Rechtsteiner What if the gasoline that you put in your car came from natural gas instead

More information

STRATEGIC CONSULTING AND INDUSTRY ADVISORY SERVICES Merger and Acquisition Support

STRATEGIC CONSULTING AND INDUSTRY ADVISORY SERVICES Merger and Acquisition Support Baker & O Brien s due diligence experts often work closely with and advise financial teams on a wide range of technical and economic issues that impact the hydrocarbon processing industries. Our consultants

More information

Platts Light Houston Sweet: New pricing for a new market

Platts Light Houston Sweet: New pricing for a new market WHITE PAPER Platts Light Houston Sweet: New pricing for a new market NOVEMBER 2014 WWW.OIL.PLATTS.COM PLATTS LIGHT HOUSTON SWEET The transformation of the US oil market landscape brought about by the shale

More information

North American Midstream Infrastructure through 2035: Capitalizing on Our Energy Abundance. An INGAA Foundation Report, Prepared by ICF International

North American Midstream Infrastructure through 2035: Capitalizing on Our Energy Abundance. An INGAA Foundation Report, Prepared by ICF International North American Midstream Infrastructure through 2035: Capitalizing on Our Energy Abundance An INGAA Foundation Report, Prepared by ICF International Executive Summary March 18, 2014 Background Since the

More information

CBRE CLARION SECURITIES MASTER LIMITED PARTNERSHIPS: GLOBALIZATION OF ENERGY MARKETS LEADING TO SECULAR GROWTH

CBRE CLARION SECURITIES MASTER LIMITED PARTNERSHIPS: GLOBALIZATION OF ENERGY MARKETS LEADING TO SECULAR GROWTH CBRE CLARION SECURITIES MASTER LIMITED PARTNERSHIPS: GLOBALIZATION OF ENERGY MARKETS LEADING TO SECULAR GROWTH MAY 2014 201 King of Prussia Road, Suite 600 Radnor, PA 19087 USA T. 610.995.2500 www.cbreclarion.com

More information

2014 Energy & Commodities Conference

2014 Energy & Commodities Conference Cadwalader, Wickersham & Taft LLP www.cadwalader.com 2014 Energy & Commodities Conference October 8, 2014 Electric Market Update: FERC and CFE Panelists Moderators: Ken Irvin and Terence Healey, Cadwalader

More information

Gas/NGL Developments from Western Canada to the US Midwest

Gas/NGL Developments from Western Canada to the US Midwest Gas/NGL Developments from Western Canada to the US Midwest Purvin & Gertz International LPG Seminar March 7, 2012 Tim Stauft, President Aux Sable Canada About Alliance/Aux Sable Alliance is a 1.6 bcf/d

More information

Direct Energy Business Monthly Webinar. Expressly for Channel Partners February 25, 2016

Direct Energy Business Monthly Webinar. Expressly for Channel Partners February 25, 2016 Direct Energy Business Monthly Webinar Expressly for Channel Partners February 25, 2016 Webinar Agenda Tim Bigler, Sr. Market Strategist Commodity Market Update Beau Gjerdingen, Meteorologist Spring weather

More information

PIPELINE FUNDAMENTALS. texaspipelines.com

PIPELINE FUNDAMENTALS. texaspipelines.com PIPELINE FUNDAMENTALS texaspipelines.com Texas Oil & Gas: Generating $2.6 Billion for State Revenues texaspipelines.com Texas Oil & Gas Texas produces 20% of US Domestic Oil Production 1.1 Million Barrels

More information

Oil and Gas U.S. Industry Outlook

Oil and Gas U.S. Industry Outlook Oil and Gas U.S. Industry Outlook VERSION 01 YEAR 13 OUTLOOK: Positive fundamentals & outlook www.eulerhermes.us Key points WTI Crude is expected to continue to converge to Brent crude prices, narrowing

More information

2016 Propane Market Outlook

2016 Propane Market Outlook 216 Propane Market Outlook Key Market Trends, Opportunities, and Threats Facing the Consumer Propane Industry Through 225 Prepared for the Propane Education & Research Council (PERC) by: ICF International,

More information

The effect of shale gas revolution on oil industry

The effect of shale gas revolution on oil industry The effect of shale gas revolution on oil industry Choi DooHo Oil & Gas Unit Introduction The Shale Gas Revolution is one of the most significant issues in the energy industry today. This revolution has

More information

Stock Pitch. Westen Koorbusch, Travis Wolf, Zachary Dukoff, Udit Agrawal, Isaac Fraynd

Stock Pitch. Westen Koorbusch, Travis Wolf, Zachary Dukoff, Udit Agrawal, Isaac Fraynd Stock Pitch Westen Koorbusch, Travis Wolf, Zachary Dukoff, Udit Agrawal, Isaac Fraynd Table of Contents I. Investment Thesis & Company Overview II. Industry Overview III. IV. Natural Gas Holdings & Pipeline

More information

What s the Scenario? Winter 2015/2016 Natural Gas Market. A PointLogic Energy Presentation Jack Weixel, Vice President September 29, 2015

What s the Scenario? Winter 2015/2016 Natural Gas Market. A PointLogic Energy Presentation Jack Weixel, Vice President September 29, 2015 What s the Scenario? Winter 2015/2016 Natural Gas Market A PointLogic Energy Presentation Jack Weixel, Vice President September 29, 2015 First off, who is PointLogic Energy? Full service, energy fundamental

More information

Institute for Regional Forecasting. www.bauer.uh.edu/irf

Institute for Regional Forecasting. www.bauer.uh.edu/irf Institute for Regional Forecasting www.bauer.uh.edu/irf Houston s Economy Powered by Oil Robert W. Gilmer Bauer College of Business University of Houston August 2015 Houston s Economy Rests on Four Major

More information

How To Understand The Williston Basin

How To Understand The Williston Basin WILLISTONBASIN The Williston Basin: Greasing the Gears for Growth in North Dakota The Williston Basin: Greasing the Gears for Growth in North Dakota TABLE OF CONTENTS Executive Summary 4 North American

More information

The US Shale Revolution and the changes in LPG Trade Dynamics:

The US Shale Revolution and the changes in LPG Trade Dynamics: July 2014 The US Shale Revolution and the changes in LPG Trade Dynamics: A Threat to the GCC? OXFORD ENERGY COMMENT Bassam Fattouh 1. Introduction One of the major developments associated with the US shale

More information

Upstream Developments Generate Growing Hydrocarbon Gas Liquids Supply! Alan Farquharson, SVP - Reservoir Engineering & Economics!

Upstream Developments Generate Growing Hydrocarbon Gas Liquids Supply! Alan Farquharson, SVP - Reservoir Engineering & Economics! Upstream Developments Generate Growing Hydrocarbon Gas Liquids Supply! Alan Farquharson, SVP - Reservoir Engineering & Economics! June 16, 2015 Forward-Looking Statements Certain statements and information

More information

Natural Gas, Natural Gas Liquids, and Crude Trends Primer

Natural Gas, Natural Gas Liquids, and Crude Trends Primer Natural Gas, Natural Gas Liquids, and Crude Trends Primer 31 October 2013 Alerian 1717 McKinney Avenue Suite 1450 Dallas, TX 75202 www.alerian.com PRODUCTION NATURAL GAS PRIMER TRANSPORTATION LNG EXPORT

More information

Oil and Natural Gas Outlook: Implications for Alaska The Alliance Meet Alaska. Remarks by Marianne Kah Chief Economist

Oil and Natural Gas Outlook: Implications for Alaska The Alliance Meet Alaska. Remarks by Marianne Kah Chief Economist Oil and Natural Gas Outlook: Implications for Alaska The Alliance Meet Alaska Remarks by Marianne Kah Chief Economist Cautionary Statement The following presentation includes forward-looking statements.

More information

Etileno/Propileno Update

Etileno/Propileno Update Etileno/Propileno Update FORO PEMEX Petroquimica 2011 John Stekla Director Ethylene JStekla@cmaiglobal.com 1 281 752 3244 has acquired ForoBangkok PEMEX Petroquímica - Junio 2011 Singapore Shanghai Houston

More information

Energy Value Chains. What is a Value Chain?

Energy Value Chains. What is a Value Chain? Energy s Overview of Fundamentals Center for Energy Economics, UT-Austin. No reproduction, distribution or attribution without permission. 1 What is a? The process of linking specific functions from input

More information

Main Street. Economic information. By Chad Wilkerson, Vice President and Oklahoma City Branch Executive, and Nida Cakir Melek, Economist

Main Street. Economic information. By Chad Wilkerson, Vice President and Oklahoma City Branch Executive, and Nida Cakir Melek, Economist THE Main Street ECONOMIST: ECONOMIST Economic information Agricultural for the and Cornhusker Rural Analysis State S e Issue p t e m b1, e r 2014 2 0 1 0 Feed de er ra al l RR e es se er rv ve e BBa an

More information

REFINING U.S. PETROLEUM

REFINING U.S. PETROLEUM REFINING U.S. PETROLEUM A SURVEY OF U.S. REFINERY USE OF GROWING U.S. CRUDE OIL PRODUCTION March 2015 A Report by American Fuel & Petrochemical Manufacturers Survey Conducted by Veris Consulting Charles

More information

LNG & LPG US Supply & Infrastructure Trends

LNG & LPG US Supply & Infrastructure Trends LNG & LPG US Supply & Infrastructure Trends June 19, 2013 Chris Sighinolfi, CFA (212) 707-6420 csighino@jefferies.com Jefferies LLC We need to export more of our goods. Because the more products we make

More information

USAEE Meeting. Houston, TX. Presented by: George Lippman President of Lippman Consulting, Inc. (915) 838-1619

USAEE Meeting. Houston, TX. Presented by: George Lippman President of Lippman Consulting, Inc. (915) 838-1619 USAEE Meeting Houston, TX April 14, 2011 Presented by: George Lippman President of (915) 838-1619 How Shales have changed U.S. Gas Supply But at what cost? Lower 48 States Production Major Shale Production

More information

Sunoco Logistics Partners L.P. Second Quarter 2015 Earnings Conference Call August 6, 2015

Sunoco Logistics Partners L.P. Second Quarter 2015 Earnings Conference Call August 6, 2015 Sunoco Logistics Partners L.P. Second Quarter 2015 Earnings Conference Call August 6, 2015 Forward-Looking Statements You should review this slide presentation in conjunction with the second quarter 2015

More information

And Then There Was Abundance: Examining Natural Gas in 2012. Bruce McDowell Director, Policy Analysis American Gas Association bmcdowell@aga.

And Then There Was Abundance: Examining Natural Gas in 2012. Bruce McDowell Director, Policy Analysis American Gas Association bmcdowell@aga. And Then There Was Abundance: Examining Natural Gas in 2012 Bruce McDowell Director, Policy Analysis American Gas Association bmcdowell@aga.org NOTICE: In issuing and making this presentation and publication

More information

Representation of LPG Retail Costs TAFV Model Technical Note DRAFT David Bowman, Paul Leiby, and Jonathan Rubin

Representation of LPG Retail Costs TAFV Model Technical Note DRAFT David Bowman, Paul Leiby, and Jonathan Rubin February 5, 1998 Representation of LPG Retail Costs TAFV Model Technical Note DRAFT David Bowman, Paul Leiby, and Jonathan Rubin This note summarizes the treatment of the supply of Liquid Petroleum Gas

More information

Investment Community Presentation. May 2016

Investment Community Presentation. May 2016 Investment Community Presentation May 2016 Forward Looking Statements This presentation includes forward-looking statements, which are statements that frequently use words such as "anticipate," "believe,

More information

New 2008-2009 Map Book

New 2008-2009 Map Book New 2008-2009 Map Book What s New: Improved and Expanded Pipeline Section More Pipeline (56 interstate Pipelines) Improved Pipeline Maps (more accurate and detail maps) Added Compressor stations on maps

More information

Enciende Mi Fuego (Light My Fire) Opening Up Mexico s LPG Market

Enciende Mi Fuego (Light My Fire) Opening Up Mexico s LPG Market (http://twitter.com/rustybraziel) (http://www.facebook.com/pages/rbn-energy-llc/279891862070250) (http://www.linkedin.com/company/2456872) Enciende Mi Fuego (Light My Fire) Opening Up Mexico s LPG Market

More information

The Future of Energy in Louisiana! March 2014

The Future of Energy in Louisiana! March 2014 The Future of Energy in Louisiana! March 2014 1! GNO, Inc. Overview! GNO, Inc. is the economic development organization serving the ten parishes of Southeast Louisiana.! Logo! Business Development! Business

More information

Natural Gas, Electricity and CHP

Natural Gas, Electricity and CHP Natural Gas, Electricity and CHP Evaluating and Marketing CHP May 18, 2005 Joel Bluestein www.eea-inc.com (703) 528-1900 Overview Natural Gas Background Electricity Rate Background Gas, Electricity and

More information

A NEW BEGINNING STARTS WITH ONE S TEP. CAPABILITIES BROCHURE

A NEW BEGINNING STARTS WITH ONE S TEP. CAPABILITIES BROCHURE A NEW BEGINNING STARTS WITH ONE S TEP. CAPABILITIES BROCHURE SemGroup Corporation is a publicly held company that moves energy through a network of pipelines, terminals and storage tanks. Each step we

More information

2014 Energy & Commodities Conference

2014 Energy & Commodities Conference Cadwalader, Wickersham & Taft LLP www.cadwalader.com 2014 Energy & Commodities Conference October 8, 2014 Electric Market Update: FERC and CFE Panelists Moderators: Ken Irvin and Terence Healey, Cadwalader

More information

PROJECT EXPERIENCE Development/Transaction Support United States MANAGING DIRECTOR

PROJECT EXPERIENCE Development/Transaction Support United States MANAGING DIRECTOR Peter Abt Mr. Abt is a Managing Director in Black & Veatch s Management Consulting Division. He leads the division s Oil & Gas Strategy practice and holds primary responsibility for client management and

More information

Sabal Trail Transmission, LLC

Sabal Trail Transmission, LLC FGU 2014 ANNUAL MEETING JUNE 25, 2014 Sabal Trail Transmission, LLC Connecting diverse natural gas supplies to southeast markets Josh Browning Changing Natural Gas Flows Value of capacity increases with

More information

One important issue in the debate about expediting the U.S. Department of Energy s LNG permitting

One important issue in the debate about expediting the U.S. Department of Energy s LNG permitting ACCF CENTER FOR POLICY RESEARCH SPECIAL REPORT NOVEMBER 2013 LNG EXPORTS: HOW MUCH WILL THEY IMPACT U.S. NATURAL GAS PRICES? BY MARGO THORNING, PH.D. SENIOR VICE PRESIDENT AND CHIEF ECONOMIST AMERICAN

More information

US NGLs Production and Steam Cracker Substitution:

US NGLs Production and Steam Cracker Substitution: September 2014 US NGLs Production and Steam Cracker Substitution: What will the Spillover Effects be in Global Petrochemical Markets? Bassam Fattouh and Craig Brown* OXFORD ENERGY COMMENT * Keystone Engineering

More information

Enable Midstream Partners, LP

Enable Midstream Partners, LP Enable Midstream Partners, LP NAPTP 2015 MLP Investor Conference May 20, 2015 Forward-looking Statements This presentation and the oral statements made in connection herewith may contain forward-looking

More information

Rail Loading Facilities Bakken Product Markets & Takeaway Capacity Denver, CO January 30, 2013 www.dakotaplains.com

Rail Loading Facilities Bakken Product Markets & Takeaway Capacity Denver, CO January 30, 2013 www.dakotaplains.com Rail Loading Facilities Bakken Product Markets & Takeaway Capacity Denver, CO January 30, 2013 www.dakotaplains.com Forward Looking Statements Statements made by representatives of Dakota Plains Holdings,

More information

State of the Oil Markets?

State of the Oil Markets? State of the Oil Markets? U.S. and Global Refining Prospects John R. Auers, P.E. Executive Vice President Washington DC February 17, 2016 U.S. Refining is YUGE! 2 What Determines Refining Winners? Refined

More information

Focus on Geopolitics N.A. Shale & Export Options - A Canadian View

Focus on Geopolitics N.A. Shale & Export Options - A Canadian View Focus on Geopolitics N.A. Shale & Export Options - A Canadian View International Gas Union October 17, 2012 Ottawa, ON Dave Collyer, President, CAPP North American Natural Gas Supply Outlook Shale gas

More information

Crude Behavior: How Lifting the Export Ban Reduces Gasoline Prices in the United States

Crude Behavior: How Lifting the Export Ban Reduces Gasoline Prices in the United States Date Issue Brief # I S S U E B R I E F Crude Behavior: How Lifting the Export Ban Reduces Gasoline Prices in the United States Stephen P.A. Brown, Charles Mason, Alan Krupnick, and Jan Mares February 2014;

More information

The Impacts of U.S. Crude Oil Exports on Domestic Crude Production, GDP, Employment, Trade, and Consumer Costs

The Impacts of U.S. Crude Oil Exports on Domestic Crude Production, GDP, Employment, Trade, and Consumer Costs The Impacts of U.S. Crude Oil Exports on Domestic Crude Production, GDP, Employment, Trade, and Consumer Costs March 31, 2014 Submitted to: American Petroleum Institute 1220 L Street NW Washington, D.C.

More information

LNG Imports by Country of Origin (Bcf) LNG Imports by Receiving Terminal (Bcf) LNG Imports by Company (Bcf)

LNG Imports by Country of Origin (Bcf) LNG Imports by Receiving Terminal (Bcf) LNG Imports by Company (Bcf) LNG Imports by Country of Origin (Bcf) 2013 Jan Feb March April May June July Aug Sept Oct Nov Dec TOTAL Egypt 0.0 0.0 0.0 0.0 0.0 0.0 Norway 0.0 0.0 0.0 0.0 0.0 0.0 Qatar 0.0 3.7 3.7 0.0 0.0 7.3 Trinidad

More information

J.P. Morgan Energy Conference

J.P. Morgan Energy Conference J.P. Morgan Energy Conference June 27, 2016 Don Marchand, Executive Vice President, Corporate Development and Chief Financial Officer Forward Looking Information and Non-GAAP Measures This presentation

More information

Oil & Natural Gas Transportation & Storage Infrastructure: Status, Trends, & Economic Benefits

Oil & Natural Gas Transportation & Storage Infrastructure: Status, Trends, & Economic Benefits Oil & Natural Gas Transportation & Storage Infrastructure: Status, Trends, & Economic Benefits Report for: American Petroleum Institute Submitted by: IHS Global Inc. 1150 Connecticut Ave, NW, Suite 401

More information

Natural Gas Year-In-Review 2006

Natural Gas Year-In-Review 2006 Natural Gas Year-In-Review 2 This report provides an overview of the natural gas industry and markets in 2 with special focus on the first complete set of supply and disposition data for 2 from the Energy

More information

(713) 627-5353 (713) 627-4747 (24-hour media line) (713) 627-4600. Date: May 3, 2013

(713) 627-5353 (713) 627-4747 (24-hour media line) (713) 627-4600. Date: May 3, 2013 Media: Analysts: Caitlin Currie (713) 627-5353 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: May 3, 2013 Spectra Energy Reports First Quarter 2013 Results Reported net income

More information

Supply Options for the U.S. Northeast

Supply Options for the U.S. Northeast Supply Options for the U.S. Northeast NECA Annual Conference on Fuels Tim Stringer Manager, Commercial East Agenda 2009 Supply/Demand Outlook TransCanada Key Initiatives Connecting new supply Northern

More information

The Economic Benefits of Natural Gas Pipeline Development on the Manufacturing Sector

The Economic Benefits of Natural Gas Pipeline Development on the Manufacturing Sector IHS ECONOMICS The Economic Benefits of Natural Gas Pipeline Development on the Manufacturing Sector Prepared for the National Association of Manufacturers May 2016 Consulting Report ECR Private Report

More information

QUARTERLY FOCUS: NATURAL GAS EXPORTS TO MEXICO

QUARTERLY FOCUS: NATURAL GAS EXPORTS TO MEXICO QUARTERLY FOCUS: NATURAL GAS EXPORTS TO MEXICO The United States has been a net importer of natural gas since 1958. Nevertheless, the United States historically has exported small volumes of natural gas

More information

Will the Marcellus/Utica Overtake the Henry Hub? U.S. Natural Gas Price Volatility in 2015 & Beyond

Will the Marcellus/Utica Overtake the Henry Hub? U.S. Natural Gas Price Volatility in 2015 & Beyond Will the Marcellus/Utica Overtake the Henry Hub? U.S. Natural Gas Price Volatility in 2015 & Beyond Presented by Natural Gas Intelligence & Observ Commodities April 7, 2015 Presented by Patrick C. Rau,

More information

PRAXAIR, INC. Hydrogen: The Growth Story Continues. Charles Miller, Vice President Dan Yankowski, Vice President. February 9, 2005

PRAXAIR, INC. Hydrogen: The Growth Story Continues. Charles Miller, Vice President Dan Yankowski, Vice President. February 9, 2005 PRAXAIR, INC. Hydrogen: The Growth Story Continues Charles Miller, Vice President Dan Yankowski, Vice President February 9, 2005 Page 1 Deutsche Bank Houston, TX 2/9/05 Forward Looking Statements The forward-looking

More information

Driving Distinctive Growth UBS MLP One-on-One Conference January 2016

Driving Distinctive Growth UBS MLP One-on-One Conference January 2016 Driving Distinctive Growth UBS MLP One-on-One Conference January 2016 2015 Tesoro Corporation. All Rights Reserved. Forward Looking Statements This Presentation includes forward-looking statements within

More information

Lifting the Crude Oil Export Ban

Lifting the Crude Oil Export Ban September 2015 Lifting the Crude Oil Export Ban Explainer I: Crude Oil Export Ban Overview The Bipartisan Policy Center (BPC) prepared this overview as part of a series to promote greater understanding

More information

US Shale Gas Revolution Economic, Commercial and Environmental/ Carbon Implications

US Shale Gas Revolution Economic, Commercial and Environmental/ Carbon Implications US Shale Gas Revolution Economic, Commercial and Environmental/ Carbon Implications Benjamin Schlesinger and Associates, LLC 3 Bethesda Metro Center, Suite 700 Bethesda, Maryland 20814 5th UNECE Gas Centre

More information

Third IEF - IGU Ministerial Gas Forum Panel Session 2: Enhanced dialogue and cooperation for strengthened energy security.

Third IEF - IGU Ministerial Gas Forum Panel Session 2: Enhanced dialogue and cooperation for strengthened energy security. Third IEF - IGU Ministerial Gas Forum Panel Session 2: Enhanced dialogue and cooperation for strengthened energy security November 2012 Contents 1. Background National framework Infrastructure Injection

More information

The shale gas phenomenon Its potential to turn the global energy market on its head Plus revitalizing the US economy By reanimating the manufacturing

The shale gas phenomenon Its potential to turn the global energy market on its head Plus revitalizing the US economy By reanimating the manufacturing ROLAND BERGER STRATEGY CONSULTANTS CONTENT Fresh thinking for decision makers The shale gas phenomenon Its potential to turn the global energy market on its head Plus revitalizing the US economy By reanimating

More information

Spectra Energy Reports Second Quarter 2014 Results Quarter in Line with Company Plans; On Track to Exceed Full-Year EBITDA Targets

Spectra Energy Reports Second Quarter 2014 Results Quarter in Line with Company Plans; On Track to Exceed Full-Year EBITDA Targets Date: August 6, 2014 Spectra Energy Reports Second Quarter 2014 Results Quarter in Line with Company Plans; On Track to Exceed Full-Year EBITDA Targets 12 percent increase in distributable cash flow quarter-over-quarter

More information

The Fuel and Vehicle Trends Report January 31, 2014

The Fuel and Vehicle Trends Report January 31, 2014 ISSN 1948-2388 The Fuel and Vehicle Trends Report This report is a summary of the latest fuel prices and other oil industry key statistics. In addition, this report provides the latest trends in vehicle

More information

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of 9-25-14)

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of 9-25-14) PIPELINE SYSTEMS (as of 9-25-14) The Northeast Gas Association (NGA) has prepared this summary based on publicly-available information. NGA will strive to keep the information as updated as possible and

More information

Executive Briefing: LNG Supply for Marine Vessels

Executive Briefing: LNG Supply for Marine Vessels Executive Briefing: LNG Supply for Marine Vessels June 2011 1 Agenda Clean Energy Business Brief LNG Benefits Cheaper Cleaner American Economics LNG Supply & Logistics 2 About Clean Energy (NASDAQ: CLNE)

More information

Winter 2013-14 Energy Market Assessment Report to the Commission

Winter 2013-14 Energy Market Assessment Report to the Commission Winter 2013-14 Energy Market Assessment Report to the Commission Docket No. AD06-3-000 October 2013 Disclaimer: The matters presented in this staff report do not necessarily represent the views of the

More information

Thank you for the kind introduction, and congratulations to the organizers of ANIQ for completing another very successful annual forum.

Thank you for the kind introduction, and congratulations to the organizers of ANIQ for completing another very successful annual forum. Thank you for the kind introduction, and congratulations to the organizers of ANIQ for completing another very successful annual forum. Today, I am going to discuss Wood Mackenzie s view about the opportunities

More information

LONG-TERM ASSESSMENT OF NATURAL GAS INFRASTRUCTURE TO SERVE ELECTRIC GENERATION NEEDS WITHIN ERCOT

LONG-TERM ASSESSMENT OF NATURAL GAS INFRASTRUCTURE TO SERVE ELECTRIC GENERATION NEEDS WITHIN ERCOT LONG-TERM ASSESSMENT OF NATURAL GAS INFRASTRUCTURE TO SERVE ELECTRIC GENERATION NEEDS WITHIN ERCOT Prepared for The Electric Reliability Council of Texas JUNE 2013 Black & Veatch Holding Company 2011.

More information

Tres Palacios Natural Gas Storage Acquisition Overview. September 7, 2010

Tres Palacios Natural Gas Storage Acquisition Overview. September 7, 2010 Tres Palacios Natural Gas Storage Acquisition Overview September 7, 2010 Forward Looking Statements NYSE: NRGY, NRGP Cautionary Statement Regarding Forward-Looking Statements This communication contains

More information

!!!!!!CONDENSATE!! An EPRINC PRIMER!! MAX PYZIUR!! FEBRUARY!4,!2015!

!!!!!!CONDENSATE!! An EPRINC PRIMER!! MAX PYZIUR!! FEBRUARY!4,!2015! CONDENSATE An EPRINC PRIMER MAX PYZIUR FEBRUARY4,2015 Table of Contents Introduction....1 Regulation Legacy and Definitions....4 Supply Trends. 7 North America- US and Canada. 8 Assay/Distillation Yields....9

More information

Mexican Experience in New LNG Plants

Mexican Experience in New LNG Plants Mexican Experience in New LNG Plants 2007 APEC Clean Fossil Energy Workshop Information Exchange on LNG Public Education Campaigns Hans Valadez Executive Secretary, CRE 5-7 November, 2007. Guangzhou, China

More information

Propane Supply and Logistics Overview

Propane Supply and Logistics Overview Propane Supply and Logistics Overview Pennsylvania Public Utility Commission Winter Meeting November 09, 2006 Harry Hunter Hanger Jr. Manager of Imports and Risk Management Atlantic Energy Import Terminal

More information

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December

More information

June 23, 2012 Saint John, New Brunswick LNG and CNG Presentation to: The Energy Council

June 23, 2012 Saint John, New Brunswick LNG and CNG Presentation to: The Energy Council June 23, 2012 Saint John, New Brunswick LNG and CNG Presentation to: The Energy Council Steve Leahy Northeast Gas Association Topics LNG exports CNG & LNG as transport fuel options CNG & LNG as non-pipeline

More information

TARGA RESOURCES PARTNERS LP

TARGA RESOURCES PARTNERS LP TARGA RESOURCES PARTNERS LP FORM 10-K (Annual Report) Filed 02/29/16 for the Period Ending 12/31/15 Address 1000 LOUISIANA SUITE 4300 HOUSTON, TX 77002 Telephone (713)584-1000 CIK 0001379661 Symbol NGLS.A

More information

2015 Annual Report NYSE: MMP

2015 Annual Report NYSE: MMP NYSE: MMP 2015 Annual Report Magellan owns the longest refined products pipeline system in the country. We can tap into nearly 50% of the nation s refining capacity and store more than 95 million barrels

More information

Douglas K. Eyberg. Chair, Energy, Partner, Corporate. Experience

Douglas K. Eyberg. Chair, Energy, Partner, Corporate. Experience Douglas K. Eyberg Chair, Energy, Partner, Corporate Doug Eyberg, head of Gardere's energy team and a member of Gardere's board of directors, combines a broad corporate/securities and M&A background with

More information