Agriculture in high growth markets: Securing global food supplies
Securing LNG supplies
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Transcript of Securing LNG supplies
Securing LNG supplies
Rudolf Huber
Head of Business Development, EconGas GmbH
London, 23 March 2009
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The next twist
And another change
What's left now?
Is there light at the end of the tunnel?
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And now …?
End of carefree living?
Markets counterattack
Next great thing around the corner?
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Where does it come from?
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Anything to spare
Domestic requirements
Politics
Leftovers???
Showstoppers galore
Still high EPC
Learning the truth
Financial crisis
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Unconventional Gas
Shale revolution
Massive CBM
What else?
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Arctic sources
Expensive
Long lead
Needs high oil price
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Floating LNG
Stranded gas
Reusability
Design one – build many
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Spot /v Long Term
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A commodity?
Not freely tradable
No transparent quotes
Relationship driven
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What is spot - my instincts
Cargo out of wedlock
Portfolio optimization
Monetizes value chain
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Is the market crazy?
Sheer need
Poster boy deals
Partnership bonus
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Breaking the milk run
Security of supply driven
Improves supply security
Cover gas options
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End of the sellers market
Unnatural
Markets always react
When does it bite?
Any Globalization?
Very regional market
No Pacific market
Portfolio deals create illusion
Global competition
Newbie's view of LNG
Just another source of supply
Business fundamentals ???
Risks under- or overstated
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Hunting the elusive
Sharp focus
Clear strategy
Stability
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Illusions
Old world has passed
LNG more than supply
Hype has not lasted
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The nanosecond LNG world
Market changes on a whim
Myriads of new players
Sound fundamentals help
Some things are still the same
Strong partners ride out any storm
More marriage than one night stand
Rebalancing
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► EconGas GmbH
ARES Tower, Donau-City-Strasse 11, 1220 Vienna, Austria
www.econgas.com