Gas in Namibia - Implications for the region

Slides:



Advertisements
Similar presentations
Australia’s Gas markets
Advertisements

International Association of Oil and Gas Producers Oil and Gas Security of Supply for Europe Athens, 3 rd November, 2005.
U.S. Energy Information Administration Independent Statistics & Analysis Annual Energy Outlook 2014 Early Release Reference Case AEO2014 Early.
How the Electric Energy Landscape Has Changed Since the Enactment of SB 221 Changes in the Marketplace and Unforeseen Impacts of Implementation Ohio Chamber.
CALPINE March 2, 2004 HARVARD ELECTRICITY POLICY GROUP Natural Gas and Electricity Ron Walter Executive Vice President.
NAMIBIA – CURRENT DEVELOPMENTS Roger Swart NAMCOR (Pty) Ltd Oil Africa 2006 Cape Town 23 rd March 2006.
U.S. Energy Information Administration Independent Statistics & Analysis Outlook for U.S. shale oil and gas IAEE/AEA Meeting January 4, 2014.
NATURAL GAS. What is it? Waste product produced by bacteria and enzymes that break down organic matter Mostly methane (CH 4 ) with a small amount of other.
U.S. Energy Information Administration Independent Statistics & Analysis Annual Energy Outlook 2015 AEO2015 Rollout Presentation Center for.
James M. Kendell Energy Information Administration The Aspen Institute June 28, 2008 Aspen, Colorado Global Gas Outlook.
NATURAL GAS. What is it? Waste product produced by bacteria and enzymes that break down organic matter Mostly methane (CH 4 ) with a small amount of other.
Natural Gas Outlook National Association of State Energy Officials State Heating Oil and Propane Conference August 30, 2004 William Trapmann Energy Information.
U.S. Energy Information Administration Independent Statistics & Analysis US Extractive Industry Overview: Oil, Gas, and Coal United States.
INSTITUTE OF ENERGY STRATEGY
U.S. Energy Information Administration Independent Statistics & Analysis Lower oil prices and the energy outlook For Alaska Oil & Gas Association.
U.S. Energy Information Administration Independent Statistics & Analysis U.S. oil and natural gas outlook IAEE International Conference June.
SHORT - TERM NATURAL GAS OUTLOOK National Association of State Energy Officials State Heating Oil and Propane Conference August 7, 2006 Barbara Mariner-Volpe,
Are We Entering a Golden Age of Gas? Karel Dyba Ambassador of the Czech Republic to the OECD Presentation at the IEC Ostrava 2011 based on findings from.
U.S. Energy Information Administration Independent Statistics & Analysis Federal Forecasters Conference – The Value of Government Forecasts.
© ChevronTexaco 2004 Confidential Energy Security in the Western Hemisphere: Venezuela as the Cornerstone Ali Moshiri President ChevronTexaco Latin America.
U.S. Energy Information Administration Independent Statistics & Analysis IEA and EIA: Similarities and Differences in Projections and Approaches.
Jostein Dahl Karlsen Chair, Working Party for Fossil Fuels, WPFF International Energy Agency Energy Perspectives Annual Petroleum Research School of Norway.
Matthew Koch Institute for 21st Century Energy U.S. Chamber of Commerce
Future Global Trends – Resource security: How Sovereign Wealth Funds will benefit.
Natural Gas Markets and Reliability of the Electric Power Industry William Trapmann, Energy Information Administration Natural.
An Atlantic Basin Energy System? Paul Isbell Calouste Gulbenkian Fellow Center for Transatlantic Relations Johns Hopkins University School for Advanced.
U. S. Shale Gas and Global Energy Dr. James L
Global energy shift Elena Telegina Director of the Institute of Geopolitics and Energy Security Corresponding Member of Russian Academy of Sciences Dean,
Regulatory Responses to Natural Gas Price Volatility Commissioner Donald L. Mason, Esq. Vice-Chairman of NARUC Gas Committee Vice Chairman or the IOGCC.
BG Group Managing Risks and Seizing Opportunities for Local Companies in the Oil & Gas Sector pre-UNCTAD XI Perspectives for the Gas Sector in Brazil Luiz.
Canada’s Energy Futures 2011: Shifting Trends Preview of Key Results & Comparison with Past Projections Abha Bhargava Matthew Hansen Bryce VanSluys 30.
Energy Information Administration Official Energy Statistics from the U.S. Government Annual Energy Outlook 2008 Energy Information Administration December.
Geopolitical forecast: natural gas March 2014 Conference “The Future of Natural gas”
1 Guy Caruso Administrator Energy Information Administration Georgetown University March 17, 2008 International Energy Outlook: The Future of Energy.
Part Four, Issue 7 Oil and Natural Gas.
THE NORTH AMERICAN LNG OPPORTUNITY APEGGA, Calgary, Alberta.
ROLE OF GAS IN THE ENERGY MIX Dr Philippe A. Tanguy Total.
The Outlook for Energy Markets.  World oil markets have become increasingly tight since  Global demand growth, fed by worldwide economic growth,
The Northeast Natural Gas Market in 2030 LNG EXPRESS CONFERENCE Boston, Massachusetts September 21, 2006 William Trapmann Natural Gas Analysis Team Leader.
April 19, 2004 International Energy Outlook 2004 Guy Caruso Administrator Energy Information Administration Thirty-First Annual International Energy Conference.
Energy Information Adminisration’s Outlook On Natural Gas Arkansas Public Service Commission “The Future Supply And Price of Natural Gas” June 3, 2003.
Keeping California’s Clean Energy Promise Loretta Lynch Member, Board of Directors Pacific Environment.
Building a balanced portfolio of Exploration and Production Assets
Examining Natural Gas Markets C HRIS M C G ILL M ANAGING D IRECTOR, P OLICY A NALYSIS M ARCH 5, 2008.
ENERGY SECURITY AND ENERGY UNION PERSPECTIVES FOR COUNTRY October/20/2015 CSF, Brussels BETTER RESEARCH, BETTER POLICY, BETTER REFORM
CANADIAN NATURAL GAS Security of Supply Graham Flack Associate Assistant Deputy Minister, Energy Policy Natural Resources Canada Forum on Continental Energy.
1 Is there LNG in California’s Future? “LNG: When East Meets West” Zeus Development Conference Long Beach, CA by David Maul Manager, Natural Gas Office.
IOGCC 2003 Outlook for Natural Gas & Petroleum Guy Caruso Administrator Energy Information Administration IOGCC Conference Williamsburg, Virginia May 19,
Natural Gas and Energy Reform Legislation Steve Crout Managing Director, Government Affairs American Gas Association.
U.S. Energy Information Administration Independent Statistics & Analysis Annual Energy Outlook 2015 United States Energy Association USEA Executive.
TRANSFORMING AND DISRUPTING SHALE GAS AND OIL IN U.S. ENERGY SUPPLY RICHARD NEHRING SHALE PLAYS IN THE MOUNTAIN WEST DENVER, NOVEMBER 12, 2010.
U.S. Energy Information Administration Independent Statistics & Analysis Outlook for coal and electricity for National Coal Council November.
U.S. Energy Information Administration Independent Statistics & Analysis Natural Gas Demand: New Domestic Uses and LNG Exports Natural Gas.
- DISCOVER THE DIFFERENCE - Florida’s Natural Energy - DISCOVER THE DIFFERENCE -
Energy Trends In Southeast Asia And China And Its Implications For South China Sea Roundtable Discussion on Offshore Oil and Gas 18 February 2016 Astoria.
Understanding the Impacts of Incremental Gas Supply on the Flow Dynamics Across the North American Grid Canadian Institute Vancouver, BC November 20, 2006.
Russian-American Chamber of Commerce in the USA Russian energy supply : Coal, Gas, Oil.
Developing U.S. Shale Gas and Oil Resources: Problems and Prospects for the Next Decade Peter D. Blair, Executive Director NRC Division on Engineering.
U.S. Ambassador’s Speakers Series Rio de Janeiro 10 March 2016 Geopolitics of Energy: Where do we go from here? Edward C. Chow Senior Fellow.
1 Glen Sweetnam Energy Information Administration Houston, Texas November 16, 2007 Outlook for North American Natural Gas Demand.
© Cengage Learning 2015 LIVING IN THE ENVIRONMENT, 18e G. TYLER MILLER SCOTT E. SPOOLMAN © Cengage Learning 2015 Nonrenewable Energy-Fossil Fuels.
ГММ -1( а ) Li Jianfei. By 2040, the world and, in particular, countries which have large and technologically advanced economies – such as the USA,
Is the United States Self Sufficient In Natural Gas?
© 2016 Global Market Insights, Inc. USA. All Rights Reserved FLNG Market Share, Regional Outlook & Forecast FLNG Market.
Current Power and Energy Landscape
EXPLORATION OPPORTUNITIES IN NAMIBIA
NAMIBIA – CURRENT DEVELOPMENTS
International Energy Outlook:
April 4, 2014 After the Polar Vortex: Recalibrating Key Natural Gas Supply, Demand and Market Issues AGA Communications Committee Bringing it Home.
The Outlook for Energy and Natural Gas Markets
Presentation transcript:

Gas in Namibia - Implications for the region NOT AN OFFICIAL UNCTAD RECORD Roger Swart NAMCOR 1st June 2005 www.namcor.com.na

Talk outline Namibia’s location Why gas? Namibia’s potential Conventional resources Unconventional resources Implications for the region www.namcor.com.na

NAMIBIA www.namcor.com.na

Why gas? Increasing power demand in southern Africa Fastest growing energy resource 70% increase from 2001 to 2025 Clean fuel Cheaper, quicker construction More efficient U.S. & Europe - domestic supply dwindling Significant reserves remain undiscovered www.namcor.com.na

SAPP energy growth www.namcor.com.na

South African Generation Source: SA Department of Minerals and Energy, Integrated Energy Plan, 2003 www.namcor.com.na

Power generation in Europe www.namcor.com.na

Power generation costs in Europe www.namcor.com.na

U.S. Natural Gas Production, Consumption, and Imports, 1970 - 2025 (trillion cubic feet) Net Imports History Projections Natural Gas Net Imports, 2002 and 2025 (trillion cubic feet) 2002 2025 www.namcor.com.na

Net U.S. Imports of Natural Gas, 1970-2025 (trillion cubic feet) History Projections Liquefied Natural Gas Canada Mexico www.namcor.com.na

Lower 48 Natural Gas Wellhead Prices, 1970-2025 (2002 dollars/thousand cubic feet) 8.44 Reference case (nominal dollars) 1.55 1995 2025 Slow technology 5.10 Reference case 4.40 Rapid technology 3.80 History Projections www.namcor.com.na

Current US LNG terminals www.namcor.com.na

Future US LNG terminals Nearly all of the increase in net US imports is expected to come from LNG www.namcor.com.na

Shipping route c. 17 days sailing www.namcor.com.na

Namibia’s potential www.namcor.com.na Namibe Walvis Lüderitz Orange Kudu Kunene Lüderitz Orange Walvis Namibe www.namcor.com.na

Namibia’s potential Kudu Gas Field Proven 1.4 tcf Considerable upside remains (~8tcf) Advanced feasibility stage 800 MW CCGT in Namibia Extend to 1600 MW later www.namcor.com.na

Namibia’s potential Other Orange Basin Deeper water plays Inboard plays; cf. South African portion Source rock widespread www.namcor.com.na

Namibia’s potential www.namcor.com.na Namibe Walvis Lüderitz Orange Kudu Kunene Lüderitz Orange Walvis Namibe www.namcor.com.na

Block 1711 Originally licence held by Vanco Since November 2004 under NAMCOR curatorship Seeking partners Large (>300 sq km) 4-way closure High relief Abundant DHI’s Potentially large reserves www.namcor.com.na

Regional Seismic Line www.namcor.com.na

Source Syn-rift source Red Cuvo Fm/Bucomazi in Kwanza Lacustrine, oil prone Presently mature at predicted depth Generation in last 20Ma www.namcor.com.na

DHI’s Abundant Gas chimneys Hydrates Thermogenic gas shows Pock marks www.namcor.com.na

Potential reserves www.namcor.com.na Vanco NSAI Kunene Oil Gas on Oil Gas Condensate Dry Gas Oil (MMBO) 733 354 545 87 Gas (BCF) 720 3,857 3,520 5,801 www.namcor.com.na

Surface seeps www.namcor.com.na

Unconventional Resources Hydrates Abundant in Block 1711 Excellent BSR’s Sampled with drop cores Partly thermogenic source Also recognised in Lüderitz Basin www.namcor.com.na

Hydrates www.namcor.com.na

Unconventional resources Hydrates Business challenges Lack of supporting infrastructure Piggy back on conventional development in 1711? What is total volume of gas in place? What is total volume of gas recoverable? What rates can we produce at? Additional operating/maintenance expense? Potentially a huge resource for region www.namcor.com.na

Regional Implications Gas potential of southern Africa high Sufficient to satisfy some of the immediate energy demands of region LNG market in Europe and USA to grow West Africa well positioned Projects will result in significant FDI Positive impact on regional GDP growth www.namcor.com.na

Thank you www.namcor.com.na