This presentation includes forward-looking statements. Actual future conditions (including economic conditions, energy demand, and energy supply) could differ materially due to changes in technology, the development of new supply sources, political events, demographic changes, and other factors discussed herein and under the heading "Factors Affecting Future Results" in the Investors section of our website at: www.exxonmobil.com. The information provided includes ExxonMobil's internal estimates and forecasts based upon internal data and analyses as well as publically-available information from external sources including the International Energy Agency. This material is not to be reproduced without the permission of Exxon Mobil Corporation. 2050 Energy Roadmap and the Internal Gas Market – LNG and Unconventional Gas for Europe Linda DuCharme Director - Europe, Russia and Caspian ExxonMobil Gas & Power Marketing
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2050 Energy Roadmap and the Internal Gas Market LNG and
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This presentation includes forward-looking statements. Actual future conditions (including economic conditions, energy demand, and energy supply) could differ
materially due to changes in technology, the development of new supply sources, political events, demographic changes, and other factors discussed herein and
under the heading "Factors Affecting Future Results" in the Investors section of our website at: www.exxonmobil.com. The information provided includes
ExxonMobil's internal estimates and forecasts based upon internal data and analyses as well as publically-available information from external sources including the
International Energy Agency. This material is not to be reproduced without the permission of Exxon Mobil Corporation.
2050 Energy Roadmap and
the Internal Gas Market –
LNG and Unconventional
Gas for Europe
Linda DuCharme
Director - Europe, Russia and Caspian
ExxonMobil Gas & Power Marketing
2
Benefits of Natural Gas
Supply Security and
Diversity
Diverse supply available by
pipeline, LNG, and
indigenous unconventional
gas production
Competitiveness
Maximize existing infrastructure; potential
economics of unconventional gas
production
Lower Emissions
Brings immediate reduction in CO2
emissions through replacing coal in
power generation
“Gas will be critical for the transformation of the energy system” - 2050 EU Energy Road Map
3
Europe Gas – Supply Demand Balance
Contract upflex
Other Algeria (Pipe)
Norway (Pipe)
Russia (Pipe)
Indigenous Production
LNG
Demand
Source: WoodMackenize Research (1H 2012 – Gas & Power Tool)
BC
M
4
Europe LNG Supply Potential
Atlantic Supply
ME Supply
Pacific Supply
Net LNG Available to Europe
170 BCM 120 BCM
50 BCM
• Significant volumes of LNG available to Europe 2015 – 2030
• 50 BCM 2015 (~10% Demand) to 170 BCM in 2030 (~ 25% Demand)
Source: WoodMackenize Research (1H 2012 – Gas & Power Tool)
BC
M
5
LNG Supply
Source: IHS CERA
Disclaimer: No portion of this slide may be reproduced, reused, or otherwise distributed in any form without prior written CERA consent
6
Source: Wood Mackenzie, IEA
European Unconventional Resources
Tight
Shale
CBM
0
2
4
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8
10
12
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Europe
TCM
Po
ten
tial
Reco
vera
ble
Un
co
nven
tio
na
l R
eso
urc
e
CBM
Tight
Shale
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Myths & Realities: Carbon Emissions
Life-cycle CO2 emissions from Natural Gas: ~ 50%+ less than coal.
Source: Chart:Carnegie Mellon University (Jiang, et al), Life cycle greenhouse gas emissions of Marcellus shale gas, Environmental Research Letters (August 5, 2011)