LNG（液化天然ガス）の世界市場 - その前途

Abstract

"Global LNG Market - The Road Ahead", a recent market research report by RNCOS provides rational and objective analysis of Global LNG Industry. This report helps clients to evaluate the factors critical to the success of clients in LNG market at global as well as country level. Detailed data and analysis will help the potential investors to navigate through the evolving LNG market. The report gives an insight into the key markets of the LNG industry.

Market Analysis

This report reviews global LNG industry at regional as well as country level. At regional level, LNG demand in the Asia-Pacific region is highest in the world with Japan and South Korea being the major importing nations. But with the growth of LNG trade in other Asia-Pacific countries, Japan' s share in import is declining. In future, China and India are expected to be major LNG markets. On another front, Singapore and Thailand governments are also taking initiatives to import LNG.

The role of Middle East as a LNG supplier is gaining importance, largely due to its huge potential gas reserves. With this trend, it is expected that LNG trade will shift towards Middle East in future. LNG markets of US and Europe are expected to grow at faster pace than Asia-Pacific market. It can be concluded from long-term LNG contracts that will come in to picture by 2020. In Europe, Spain is the largest LNG importing nation and Russia has just joined the league of importing nations.

The growth of LNG market depends on a number of factors, including declining liquefaction cost, energy reforms, and environmental policies. But inadequate infrastructure and natural calamities can ceil the growth of global LNG market.

This report gives a future forecast of the LNG market predicated on a correlation between past market growth and growth of driving factors, including economic performance of various countries, long-term LNG demand, competitive structure and government rules and regulations.

Key Findings

• Role of Middle East as LNG exporter is expected to rise in future due to its huge natural gas reserves.
• Japan' s share in global LNG trade continue to decline in 2006 due to emergence of new LNG importing nations. But still, Japan is the largest LNG importer in the world.
• At country level, internal conflict of Indonesia is hampering the growth of its LNG industry due to which, the LNG import by the country is declining.
• Supply-demand imbalance is resulting in the high prices of LNG, thereby slackening the growth of global LNG industry. In near-term, tight supply is expected to be the biggest challenge, resulting in high LNG prices due to intense competition.
• Supply will shift towards the Atlantic market because the long-term scenario (1995-2004) indicates that demand in the Atlantic market has grown faster as compared to the Asia-Pacific market.
• In Asia, China and India are expected to be the next potential markets for LNG.
• Energy security and diversity, and environmental policies remain the largest driving forces for the LNG industry.

Key Issues and Facts Analyzed

• Which factors are leading to the success of LNG industry?
• What are the opportunity areas and challenges for players in the global LNG industry?
• What will be the future of the global LNG industry like?
• What is the position of infrastructure at country level?
• What are the major LNG trade markets?
• What are the major LNG pricing components?
• Which are the major exporting and importing destinations?
• Who are the major players of the industry at global level?

Research Methodology Used

Information Sources

The information has been taken from authentic and reliable sources like books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and access to more than 3000 paid databases.

Analysis Method

Methods like ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis have been used in the report for prudent analysis.

Table of Contents

1. Analyst View

2. Liquefied Natural Gas - Market Perspective

• 2.1 Natural Gas Reserves & Potential
• 2.2 Natural Gas Distribution
  • 2.2.1 Piped Natural Gas (PNG)
  • 2.2.2 Liquefied Natural Gas (LNG)
  • 2.2.3 Compressed Natural Gas (CNG)

3. Global - LNG Industry Cost & Price Indices

• 3.1 Liquefaction Plant
• 3.2 LNG Fleets, Ships Structure & Capacity Cost
• 3.3 Composition of LNG Shipping Cost
• 3.4 Regasification Terminals/Receiving Terminals
• 3.5 LNG Pricing

4. LNG Market Overview

• 4.1 Capital Expenditure on LNG Projects
• 4.2 LNG - Demand & Supply
• 4.3 LNG - Trade Volume

5. Spot Trading

6. LNG Market by Region - Current & Future Prospects

• 6.1 Asia-Pacific
  • 6.1.1 Importing Countries
    • 6.1.1.1 Japan
    • 6.1.1.2 South Korea
    • 6.1.1.3 China
    • 6.1.1.4 India
  • 6.1.2 Exporting Countries
    • 6.1.2.1 Australia
    • 6.1.2.2 Indonesia
    • 6.1.2.3 Malaysia
    • 6.1.2.4 Brunei
• 6.2 Middle East
  • 6.2.1 Exporting Countries
    • 6.2.1.1 Oman
    • 6.2.1.2 UAE
    • 6.2.1.3 Qatar
• 6.3 America
  • 6.3.1 Importing Countries
    • 6.3.1.1 United States
  • 6.3.2 Exporting Countries
    • 6.3.2.1 Trinidad & Tobago
• 6.4 Africa
  • 6.4.1 Exporting Countries
    • 6.4.1.1 Algeria
    • 6.4.1.2 Nigeria
    • 6.4.1.3 Egypt
• 6.5 Europe
  • 6.5.1 Importing Countries
    • 6.5.1.1 Spain
    • 6.5.1.2 France
    • 6.5.1.3 Russia

7. Industry Analysis

• 7.1 Driving Forces
  • 7.1.1 Declining Liquefaction Costs
  • 7.1.2 Cleaner Source & Reform in Gas Market
  • 7.1.3 Energy Security & Diversity
  • 7.1.4 Environmental Policies
  • 7.1.5 Spot Trading
• 7.2 Opportunities
  • 7.2.1 Growing Economies
  • 7.2.2 Potential LNG Import Markets
    • 7.2.2.1 Asia-Pacific
    • 7.2.2.2 US
    • 7.2.2.3 Europe
  • 7.2.3 Rising Gas Demand
• 7.3 Challenges
  • 7.3.1 Supply Constrains
  • 7.3.2 High Cost
    • 7.3.2.1 Large LNG Production Train
    • 7.3.2.2 Large LNG Vessels
  • 7.3.3 Overruns, Delays & Financing Investments
  • 7.3.4 Infrastructure
  • 7.3.5 Compatibility Issues between LNG Tankers & Terminals
  • 7.3.6 Natural Calamities & Gas Pricing

8. Competitive Landscape

• 8.1 Royal Dutch Shell Plc.
• 8.2 BP Plc.
• 8.3 Total
• 8.4 ExxonMobil Corporation
• 8.5 BG Group Plc.
• 8.6 Chevron

List of Figures:

• Figure 2-1: Global - Share of Proven Natural Gas Reserves by Region (%), 2006
• Figure 2-2: Global - Proven Natural Gas Reserves by Region (in Trillion Cubic Meter), 2006
• Figure 3-1: Global - LNG Liquefaction Capacity (in Billion Cubic Feet per Day), Pre 2005-2006
• Figure 3-2: Global - Forecast for LNG Liquefaction Capacity (in Billion Cubic Feet per Day), 2007-2010
• Figure 3-3: Global - LNG Shipping Capacity (in Billion Cubic Meter) & Demand (in Million Tons), 1995-2005
• Figure 3-4: Global - Composition of LNG Shipping Cost (%), 2005
• Figure 3-5: Global - Number of LNG Ships Built (1965-2006)
• Figure 3-6: Global - LNG Regasification Capacity (in Billion Cubic Feet per Day), Pre 2005-2006
• Figure 3-7: Global - Forecast for LNG Regasification Capacity (in Billion Cubic Feet per Day), 2007-2010
• Figure 4-1: Global - LNG Demand (in Billion Cubic Feet per Day), 2005, 2010F, 2015F & 2020F
• Figure 4-2: Global - LNG Demand by Region (in Billion Cubic Feet per Day), 2005, 2010F, 2015F & 2020F
• Figure 4-3: Global - LNG Supply by Region (in Billion Cubic Feet per Day), 2005, 2010F, 2015F & 2020F
• Figure 4-4: Global - LNG Trade (in Billion Cubic Meter), 2005 & 2006
• Figure 5-1: Global - LNG Spot Trading by Country (in Million Cubic Meter), 1995-2004
• Figure 6-1: Japan - Natural Gas Consumption (in Billion Cubic Meter), 2005 & 2006
• Figure 6-2: Japan - LNG Demand (in Million Tons), 2004, 2010F & 2020F
• Figure 6-3: Japan - Major LNG Importing Countries (in Billion Cubic Meter), 2006
• Figure 6-4: South Korea - Natural Gas Consumption (in Billion Cubic Meter), 2005 & 2006
• Figure 6-5: South Korea - LNG Demand (in Million Tons), 2004, 2010F & 2020F
• Figure 6-6: South Korea - Major LNG Importing Countries (in Billion Cubic Meter), 2005 & 2006
• Figure 6-7: China - Natural Gas Consumption (in Billion Cubic Meter), 2005 & 2006
• Figure 6-8: China - Forecast for LNG Demand (in Million Tons), 2010 & 2020
• Figure 6-9: India - Natural Gas Consumption (in Billion Cubic Meter), 2005 & 2006
• Figure 6-10: India - LNG Demand (in Million Tons), 2004, 2010F & 2020F
• Figure 6-11: India - Major LNG Importing Countries (in Billion Cubic Meter), 2005 & 2006
• Figure 6-12: Australia - Natural Gas Production (in Billion Cubic Meter), 2005 & 2006
• Figure 6-13: Australia - Potential LNG Supply Capacity (in Million Tons per Year), 2003-2006
• Figure 6-14: Australia - Forecast for Potential LNG Supply Capacity (in Million Tons per Year), 2007-2015
• Figure 6-15: Australia - Major LNG Exporting Countries (in Billion Cubic Meter), 2006
• Figure 6-16: Indonesia - Natural Gas Production (in Billion Cubic Meter), 2005 & 2006
• Figure 6-17: Indonesia - Major LNG Exporting Countries (in Billion Cubic Meter), 2005 & 2006
• Figure 6-18: Malaysia - Natural Gas Production (in Billion Cubic Meter), 2005 & 2006
• Figure 6-19: Malaysia - Major LNG Exporting Countries (in Billion Cubic Meter), 2005 & 2006
• Figure 6-20: Brunei - Natural Gas Production (in Billion Cubic Meter), 2005 & 2006
• Figure 6-21: Brunei - Major LNG Exporting Countries (in Billion Cubic Meter), 2005 & 2006
• Figure 6-22: Oman - Major LNG Exporting Countries (in Billion Cubic Meter), 2005 & 2006
• Figure 6-23: UAE - Natural Gas Production (in Billion Cubic Meter), 2005 & 2006
• Figure 6-24: UAE - Major LNG Exporting Countries (in Billion Cubic Meter), 2005 & 2006
• Figure 6-25: Qatar - Natural Gas Production (in Billion Cubic Meter), 2005 & 2006
• Figure 6-26: Qatar - Major LNG Exporting Countries (in Billion Cubic Meter), 2005 & 2006
• Figure 6-27: US - Natural Gas Consumption (in Billion Cubic Meter), 2005 & 2006
• Figure 6-28: US - LNG Demand (in Million Tons), 2004, 2010F & 2020F
• Figure 6-29: US - Major LNG Importing Countries (in Billion Cubic Meter), 2005 & 2006
• Figure 6-30: Trinidad & Tobago - Natural Gas Production (in Billion Cubic Meter), 2005 & 2006
• Figure 6-31: Trinidad & Tobago - Major LNG Exporting Countries (in Billion Cubic Meter), 2005 & 2006
• Figure 6-32: Algeria - Natural Gas Production (in Billion Cubic Meter), 2005 & 2006
• Figure 6-33: Algeria - Major LNG Exporting Countries (in Billion Cubic Meter), 2005 & 2006
• Figure 6-34: Nigeria - Natural Gas Production (in Billion Cubic Meter), 2005 & 2006
• Figure 6-35: Nigeria - Major LNG Exporting Countries (in Billion Cubic Meter), 2005 & 2006
• Figure 6-36: Egypt - Natural Gas Production (in Billion Cubic Meter), 2005 & 2006
• Figure 6-37: Egypt - Major Exporting Countries (in Billion Cubic Meter), 2006
• Figure 6-38: Spain - Natural Gas Consumption (in Billion Cubic Meter), 2005 & 2006
• Figure 6-39: Spain - LNG Demand (in Million Tons), 2004, 2010F & 2020F
• Figure 6-40: Spain - Major LNG Importing Countries (in Billion Cubic Meter), 2005 & 2006
• Figure 6-41: France - Natural Gas Consumption (in Billion Cubic Meter), 2005 & 2006
• Figure 6-42: France - Major LNG Importing Countries (in Billion Cubic Meter), 2005 & 2006
• Figure 6-43: France - LNG Demand (in Million Tons), 2004, 2010F & 2020F
• Figure 7-1: Global - Liquefaction Cost for LNG Projects (in US$/Ton), 1960,1990 & 2003
• Figure 7-2: Europe - LNG Demand (in Million Tons), 2004, 2010F & 2020F
• Figure 7-3: Global - Growth Comparison of Natural Gas with Oil & Coal (%), 2001 to 2020

List of Tables:

• Table 2-1: Global - Natural Gas Reserves by Country (in Trillion Cubic Meter), 2005 & 2006
• Table 3-1: LNG Shipping Rates (in Dollar per Million Btu), 2004
• Table 4-1: Global - Capital Expenditure on LNG Projects (in Million US$), 2000-2009F
• Table 4-2: Global - Major LNG Trade Movements (in Billion Cubic Meter), 2006
• Table 6-1: Japan - LNG Import by Country (in Million Tons), April 2006, March 2007 & April 2007
• Table 6-2: Japan - Existing Long Term LNG Supply Contracts
• Table 6-3: Japan - LNG Receiving Terminals
• Table 6-4: Japan - LNG Receiving Terminals under Planning
• Table 6-5: South Korea - LNG Import by Country (in Million Tons), April 2006 & April 2007
• Table 6-6: South Korea - Existing Long Term & Medium Term LNG Supply Contracts
• Table 6-7: South Korea - LNG Receiving Terminals
• Table 6-8: China - Existing Long Term LNG Supply Contracts
• Table 6-9: China - LNG Receiving Terminals under Planning
• Table 6-10: India - Existing Long Term LNG Supply Contract
• Table 6-11: India - LNG Receiving Terminals
• Table 6-12: India - LNG Receiving Terminals under Planning
• Table 6-13: Australia - LNG Production Plants
• Table 6-14: Australia - LNG Production Plants with Signed SPA/HOA
• Table 6-15: Australia - LNG Production Plants under Planning
• Table 6-16: Australia - Existing Long Term LNG Supply Contracts
• Table 6-17: Indonesia - LNG Production Plants
• Table 6-18: Indonesia - LNG Production Plants with Signed SPA/HOA
• Table 6-19: Indonesia - LNG Production Plants under Planning
• Table 6-20: Indonesia - Existing Long Term LNG Supply Contracts
• Table 6-21: Malaysia - LNG Production Plants
• Table 6-22: Malaysia - LNG Production Plants with Signed SPA/HOA
• Table 6-23: Malaysia - Existing Long Term LNG Supply Contracts
• Table 6-24: Brunei - LNG Production Plants
• Table 6-25: Brunei - LNG Production Plants under Planning
• Table 6-26: Brunei - Existing Long Term LNG Supply Contracts
• Table 6-27: Oman - LNG Production Plants
• Table 6-28: Oman - LNG Production Plants with Signed SPA/HOA
• Table 6-29: Oman - Existing Long Term LNG Supply Contracts
• Table 6-30: UAE - LNG Production Plants
• Table 6-31: UAE - Existing Long Term LNG Supply Contracts
• Table 6-32: Qatar - LNG Production Plants
• Table 6-33: Qatar - LNG Production Plants with Signed SPA/HOA
• Table 6-34: Qatar - Existing Long Term LNG Supply Contracts
• Table 6-35: US - LNG Production Plants
• Table 6-36: US - LNG Receiving Terminals
• Table 6-37: US - LNG Receiving Terminals under Planning
• Table 6-38: Trinidad & Tobago - LNG Production Plants
• Table 6-39: Trinidad & Tobago - LNG Production Plants with Signed SPA/HOA
• Table 6-40: Algeria - LNG Production Plants
• Table 6-41: Algeria - LNG Production Plants under Planning
• Table 6-42: Nigeria - LNG Production Plants
• Table 6-43: Nigeria - LNG Production Plants under Planning
• Table 6-44: Egypt - LNG Production Plants
• Table 6-45: Spain - LNG Receiving Terminals
• Table 6-46: Spain - LNG Receiving Terminals under Planning
• Table 6-47: France - LNG Receiving Terminals
• Table 6-48: France - LNG Receiving Terminals under Planning
• Table 6-49: Russia - LNG Production Plants under Planning
• Table 6-50: Russia - Existing Long Term LNG Supply Contracts
• Table 7-1: China - Fuel Mix (%), 2002, 2010F & 2015F
• Table 7-2: India - Fuel Mix (%), 2002, 2010F & 2015F
• Table 8-1: Royal Dutch Shell Plc. - Key Financials (in Million US$), 2005 & 2006
• Table 8-2: BP Plc. - Key Financials (in Million US$), 2005 & 2006
• Table 8-3: Total - Key Financials (in Million US$), 2004-2006
• Table 8-4: ExxonMobil Corporation - Key Financials (in Million US$), 2005 & 2006
• Table 8-5: BG Group Plc. - Key Financials (in Million US$), 2004-2006
• Table 8-6: Chevron - Key Financials (in Million US$), 2005 & 2006