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Pål Rasmussen, Secretary General of IGU ARPEL, Uruguay 7 APRIL 2015 Global and Regional Perspective of the Energy Sector The Perspective of the Gas Industry
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Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

Jul 15, 2020

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Page 1: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

Pål Rasmussen, Secretary General of IGU

ARPEL, Uruguay

7 APRIL 2015

Global and Regional Perspective of the Energy Sector

The Perspective of the Gas Industry

Page 2: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

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16

IGU Global Membership

> 97 % of the global gas market

www.igu.org

91 Charter members

51 Associate members

IGU membersFounded in 1931

* Status as of end October 2014

Page 3: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

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Page 4: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

4th IGU-IEF Ministerial Gas Forum

- Promoting

dialogue with

policy makers

- Important

arena for gas

advocacy

Acapulco, Mexico 12 November 2014 co-hosted by Government of Mexico

“The Role of Gas in Energy Security and Sustainable Economic

Development”

Page 5: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

Enhancing the profile of gas worldwide

5

Page 6: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

World Trends

Source: IGU6

Page 7: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

The world needs energy services:

• Reliable, clean, affordable, safe

The global energy future

Drivers:

• Rising population & middle class

• Economic development and job creation

• Public health: urban air quality

• Environmental concerns

7

Page 8: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

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A global energy trilemma

Energy

trilemma

Available

Affordable Clean

Page 9: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

World Trends

Source: IGU9

Page 10: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

10Source: IEA WEO 2014

Fuel shares in world primary energy demand,

IEA WEO New Policies Scenario

Page 11: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

Gas is clean

• Gas as transportation, heating & cooking and power generation

fuel will reduce pollution in big city areas

• Emissions of particles from natural gas are almost negligible

• Good compliment to wind and solar power generators

• The Gas Industry is supporting a well functioning «cost for

carbon» scheme

Source: IPCC and IHS CERA

Page 12: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

Natural gas easy

to turn on and off

Natural gas partnering with renewables

Society needs energy 24 / 7

12

Gas Wind Solar Hydro

Droughts10-25%30-40% 90-100%Capacity

utilisation

Page 13: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

Gas can be used in many sectors

Power

Residential

Industrial

Transport

Commercial

Gas is adaptable

Upstream Midstream

Page 14: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

Gas is available

- and widely distributed

144/13/2015Source: ExxonMobil/IEA

Page 15: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

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World trends

Page 16: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

Argentina

Proved Reserves: 0.3 Trillion m³

Production: 35.5 Billion m³

Consumption: 48.0 Billion m³

Bolivia

Proved Reserves: 0.3 Trillion m³

Production: 20.8 Billion m³

Brazil

Proved Reserves: 0.5 Trillion m³

Production: 21.3 Billion m³

Consumption: 37.6 Billion m³

Colombia

Proved Reserves: 0.2 Trillion m³

Production: 12.6 Billion m³

Consumption: 10.7 Billion m³

Peru

Proved Reserves: 0.4 Trillion m³

Production: 12.2 Billion m³

Consumption: 6.6 Billion m³

Trinidad & Tobago

Proved Reserves: 0.4 Trillion m³

Production: 42.8 Billion m³

Consumption: 22.4 Billion m³

Venezuela

Proved Reserves: 5.6 Trillion m³

Production: 28.4 Billion m³

Consumption: 30.5 Billion m³

Source: BP Statistical Review 2014

Chile

Consumption: 4.3 Billion m³

Natural Gas: Proven Reserves and

Production - 2013

Page 17: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

Source: CEDIGAZ

Shale gas production prospects

outside North America (Bcm)

Page 18: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

Gas production to increase

Page 19: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

Gas is affordable

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$/Mbtu HH (Monthly average) $/Mbtu NBP (Monthly average) $/Mbtu Japan import price

Average wholesale gas prices, Japan, UK, US

Page 20: Global and Regional Perspective of the Energy Sectormedia.arpel2011.clk.com.uy/conf2015/ppt/1.pdf · 2015-04-14 · Global and Regional Perspective of the Energy Sector The Perspective

Enabling a sustainable energy future

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Safe &

Sustainable

Future

Technology

& R&D

Policy

& Regulations

Collaboration