THE LNG INDUSTRY

2 010

The LNG Industry in 2010

World energy situation
After a steady increase in consumption over the last ten years, with a record year in 2008, world primary energy consumption registered a -1.3% decrease in 2009 and was almost reduced to its 2007 level, as a consequence of global economic recession. On a global basis, trends observed in late 2008 have continued in 2009 with a decline of consumption in OECD countries and a limited increase in energy demand in the Asia Pacific region: energy consumption in North America and in Europe fell respectively by 4.7% and 6% while it continued to grow by 4.4% in Asia Pacific. With respective growth rates of 8.7% and 6.6%, China and India remained the main drivers for energy demand in the region. Between 2007 and 2009 fossil fuel consumption remained stable, the decrease in oil consumption being compensated by additional demand for coal. Gas consumption remained unchanged, while the demand for hydro and renewables increased by 6.4%. The breakdown for the major types of energy in 2009, as compared with 2008 and 2007, was as follows:(1) Consumption by fuel ( in 106 toe) Year
Oil Coal Natural gas Nuclear Hydro & others

SUMMARY
LNG contracts and trade Contracts concluded in 2010 LNG imports - Sources of imports -

2 4 5 6 7 8 9 11 15 19 20 22 25 28

Quantities received in 2010

LNG tankers Ships delivered Tanker distribution

2009
3 882 3 278 2 653 611 740

2008
3 960 3 286 2 717 620 31

2007
3970 3184 2652 622 696

09 vs 08
- 2.0% - 0.2% - 2.4% - 1.5% + 1.2%

09 vs 07
- 2.2% + 3.0% + 0.0% - 1.8% + 6.4%

Liquefaction plants Regasification plants Contracts in force in 2010 Spot & short term

Natural gas consumption declined sharply in 2009 (-2.4%) with some regional discrepancies: mature markets registered decreases (-6.8% in Europe, -1.2% in North America) while new consuming zones increased their demands (+3.4% in Asia and +4.4% in the Middle East). Due to the relatively small size in absolute terms of their still emerging gas markets, China and India had a limited impact on the evolution of global natural gas demand, despite respective growth rates of 9.4% and 10.3%. On a worldwide basis, the global market share for natural gas in the primary energy mix has slightly decreased below 24%. In 2010, global energy demand has recovered. Estimates for World Natural Gas consumption show a 7.3% increase compared with 2009 thanks to the economic rally and the cold winter conditions in Western countries. Due to the decline of indigenous productions in mature markets and to the development of new gas markets, international gas flows continued to expand, and total international gas trade increased by 10.9% compared with 2009. In this context, LNG flows recorded the largest growth with a 21% increase in 2010, the operational start-up of new liquefaction capacity in Qatar being the primary reason. By comparison, pipeline trade increased by 7%. The graph hereunder gives the respective growth rates since 2000 for the marketed gas production, the total cross-border gas trade and the LNG trade:
Growth rates (%) ref 2000
120 100 80 60 40 20 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
(2)

quantities received in 2010

Sea transportation routes Liquefaction plants (table) Regasification plants (table) Delivery date of the LNG tankers

International LNG trade International Pipe Gas Trade Total Marketed Gas Production

Data excludes trade within the Former Soviet Union and United Arab Emirates
(1) (2)

Source: BP Statistical Review of World Energy, June 2010 Source: Cedigaz

LNG Contracts and Trade

In 2010, LNG trade rose by 84.4 106 m3 in liquid form with a growth rate of 21.2% compared with 2009. Spurred by global economic recovery, this record increase was allowed by the rise of production levels from existing facilities in Qatar, Nigeria, Indonesia and Russia, as well as by the addition of new liquefaction capacity in Qatar, Yemen and Peru. On the import side, Asian LNG markets experienced a strong recovery (+16.8%) after a 4% decline in 2009. On a steady trend, European imports continued to grow by 24.8%, with the majority of additional volumes coming from Qatar and being delivered into three countries: Italy (Rovigo), the UK (South Hook) and Turkey (Aliaga). Imports into Central and South America more than doubled (+13.2 106 m3). As a consequence, the LNG market share for Asia (59.8%) declined by 2.5%, while Europe and the Americas respectively recorded a 0.9% and 1.0% increase in market share. At the end of the year, Japan remained the leading LNG importer with 154.0 106 m3, compared to 141.6 106 m3 in 2009 (+8.7%). Meanwhile, Japans share of the worlds total imports slightly decreased from 35.3% in 2009 to 31.7% in 2010,

the largest increases in LNG consumption being noted in Korea (+16.6 106 m3), in the UK (+13.5 106 m3) and in Italy (+9.9 106 m3). With total volumes consumed of 71.5 106 m3 (+30.2%), Koreas share of all imports reached 14.8%, compared with 13.8% in 2009. Third on the podium with 9.5% of all imports, Spain reached a consumption of 45.6 106 m3 (+1.5% after an 8% reduction in 2009). In 2010, India was the only Asian country to reduce its appetite for LNG, as a result of growing domestic production. In the Americas, due to the rise of non-conventional domestic gas supplies and to the low-price environment, LNG imports into the U.S.A. have declined by 11.1%, from 20.9 106 m3 in 2009 to 18.6 106 m3 in 2010, after netting out the re-export of 1.3 106 m3 in the course of the year. On the contrary, the appetite for LNG in South America (Argentina, Brazil, Chile) grew strongly, mainly as a result of gas demand for power generation. Imports by the three countries almost tripled and reached 12.6 106 m3, bringing South Americas global LNG market share to 2.6% at the end of 2010. Dubai entered the LNG market during the year, with three cargoes imported in November.

and Indonesia (+9.2 106 m3). On the contrary, Egypt, Algeria and Trinidad reduced their deliveries, the biggest decrease being recorded by Egypt (-30.2%), due to the growth of the countrys domestic gas needs. During 2010, Qatar was responsible for one quarter of global LNG production (123.3 106 m3), exporting to all countries except Greece, Kuwait, Puerto Rico and the Dominican Republic. Ranking third in 2009, Indonesia was back to the second place in 2010 with a 21.6% growth and exports of 51.5 106 m3. Malaysia ranked third with 50.9 106 m3, followed by Australia with 41.3 106 m3. Nigerian exports rose by 54.2% due to restored gas supplies to the LNG plant following the restart of Soku, Nigerias key feeder gas plant. Spot and short-term imports (defined as contracts with a duration of 4 years or less) recorded a very strong increase (+40.0%) and reached 91.3 106 m3 (727 cargoes) compared with 65.1 106 m3 (491 cargoes) in 2009, accounting for 18.9% of the world LNG trade, as opposed to 16.3% in 2009. In comparison, LNG traded under long-term contracts recorded a 17.0% increase, reaching 391.8 106 m3 in 2010. The rise of spot and short-term operations was particularly significant in Europe (+50.9%), thanks to the attractiveness of LNG prices compared with long-term prices and to the availability of uncommitted LNG supply from the Middle East. After a sharp decline in 2009, Asia experienced renewed growth in spot and short-term purchases, with 39.7 106 m3. Despite a 17% increase, Asian spot and short-term imports remained behind their 52.8 106 m3 level of 2008, a large portion of extra Asian supplies being provided by long-term contracts with Indonesia and Russia. Korea and Japan alone accounted for 38.2% of additional spot and short-term volumes. By way of comparison, Europe was responsible for 38.5% of additional spot and short-term quantities. Spot and short-term trading of LNG in 2010 was also marked by the growing activity of non asset-based players, including financial institutions and oil trading companies, as well as by the significant number of re-exported cargoes. A total of 19 cargoes were re-loaded during the year (7 from Zeebrugge, 8 from Sabine Pass and 4 from Freeport LNG), totalling about 2.5 106 m3. Noteworthy is the fact that in 2010, only 9 cargoes out of 19 were re-exported to countries located east of the Suez Canal, 10 remaining dedicated to the Atlantic Basin west of the canal. At the end of the year, three cargoes re-exported from the U.S.A. at the end of December were still out at sea. They were delivered in January 2011 in the United Kingdom, India and South Korea. As to the sourcing of spot and short-term trades in 2010, Qatar overtook Trinidads leadership and came first with a 25.7% share, followed by Trinidad (17.2%), Nigeria (12.3%) and Egypt (7.3%). In 2010, new flexible volumes from Qatar contributed to 45.3% of the new spot and short-term volumes on the market, followed by Nigeria (18.8%) and Yemen (12.6%). The world trade involved 149 flows (i.e. country-to-country trades) over 386 sea transportation routes (port-to-port routes). 100 routes were new and 73 ceased in 2010. In 2010, there were 42 new country-to-country flows: ABU-DHABI/Brazil, China, Korea, Kuwait, Spain and Taiwan - ALGERIA/Chile and Japan EGYPT/Belgium, Chile and Kuwait - EQUATORIAL GUINEA/Greece, India, Italy and Kuwait - NIGERIA/Kuwait and UK - NORWAY/Belgium, Italy, Korea and Taiwan - PERU/Belgium, Brazil, Canada, Korea, Mexico, Spain and U.S.A. QATAR/Argentina, Brazil, Dubai and Portugal - TRINIDAD & TOBAGO/Chile and Italy - YEMEN/Chile, China, France, India, Japan, Kuwait, UK and U.S.A.. 20 flows disappeared: ABU-DHABI/India and Portugal, ALGERIA/India and Portugal - EGYPT/Argentina, Canada, China and Turkey - EQUATORIAL GUINEA/China, France, India and Portugal - INDONESIA/India - LYBIA/India MALAYSIA/India - NORWAY/Mexico - OMAN/China and Turkey - RUSSIA/India and TRINIDAD & TOBAGO/China.

On the export side, the LNG output grew at a quicker pace than total production capacity. To a large extent, additional volumes in 2010 can be explained by the production build-up of facilities commissioned in 2009 and by enhanced operational performance from existing trains, and, to a lesser extent, by new projects brought on-stream during the year in Qatar, Yemen and Peru (4 trains, amounting to an additional 23.35 mtpa of capacity). On a regional basis, exports from the Pacific Basin grew by 15.1%, allowing the region to remain the major source of LNG exports with 181 106 m3. Nevertheless, the Pacific Basins share of world LNG exports went down from 39.5% in 2009 to 37.2% in 2010. With annual growth of 47.8% and exports of 164.4 106 m3, the contribution of the Middle East sharply increased, rising from 27.9% of total exports in 2009 to 33.9% in 2010. Despite a 6.1% growth, the Atlantic Basin lost ground, its share being reduced from 32.5% in 2009 to 28.8% in 2010, mainly due to the reduction of exports from North Africa. On a country basis, Qatar accounted for almost half of the total additional volumes (+42.2 106 m3), followed by Nigeria (+13.8 106 m3), Russia (+10.6 106 m3)

Contracts concluded in 2010

Export country
Qatar Australia (Queensland) Shell Portfolio Long & medium term Sales Iberdrola portfolio Papua New Guinea GDF SUEZ portfolio Spain Russia Indonesia (Tangguh LNG) Indonesia (Tangguh LNG)* GDF SUEZ portfolio BP (Trinidad & others) TOTAL portfolio SHELL portfolio Indonesia (Bontang) Indonesia (Tangguh LNG) Shell Vitol Iberdrola portfolio Qatar Gazprom GDF SUEZ portfolio Australia & BG Portfolio Australia (Gorgon) Australia (Gorgon) Australia (Queensland) Australia (Wheatstone) Indonesia (Sengkang) Indonesia (Donggi Senoro) BG Portfolio Tokyo Electric Power Tokyo Gas Osaka Gas Osaka Gas Australia (Gladstone) Australia (Wheatstone) U.S.A. U.S.A. Agreements on re-gasification rights Belgium Belgium Belgium Belgium Belgium Belgium Belgium U.S.A. (Sabine Pass) U.S.A. (Sabine Pass) U.S.A. (Sabine Pass) U.S.A. (Sabine Pass) U.S.A. (Sabine Pass) U.S.A. (Sabine Pass) U.S.A. (Freeport)**** U.S.A. (Freeport) U.S.A. (Freeport) DONG CPC Corporation, Taiwan CNOOC GSPC GSPC Chubu Electric Power Chubu Electric Power KOGAS KOGAS KOGAS KOGAS KOGAS KOGAS KPC KPC Shell Eni Sempra LNG Marketing (Cameron) Gazprom Chubu Electric Nippon Kyushu Electric Power Tokyo Gas Kyushu Electric Power Tokyo Gas Chubu Electric Power Chubu Electric Power Shizuoka Gas Hokkaido Gas Okinawa Electric Power Shizuoka Gas Kogas Kogas GAS NATURAL FENOSA ENN Energy ENI GAS NATURAL FENOSA GAS NATURAL FENOSA Vittol/KPC Itochu/Tokyo Electric Petrobras EDFT/Kogas EDFT/Egegaz Unknown Gasnor EDFT/Petrobras Golar Gazprom Citigroup Golar Total Gas & Power Ltd Citigroup Excelerate Excelerate Netherlands (Gate) Taiwan China India India Japan Japan Korea Korea Korea Korea Korea Korea Kuwait Kuwait Spain U.S.A. U.S.A. 0.8 1.2 0.65 0.50 0.30 0.25 0.5 0.72 0.72 0.18 0.72 1.80 0.36 2 to 3 cargoes from April to October 1 to 2 cargoes from April to October 0.58 0.52 0-1.5** 0.36 up to 120 cargoes total approximately 0.4 mtpa 0.3 0.3 1.2 0.68 0.5 <1 0.42*** 0.26 0.4 0.3 3.50 1.50 up to 1.5 up to 1.5 0.2 0.8 0.4 0.07 0.06 0.07 0.07 0.06 0.06 0.00 0.07 0.07 0.07 0.07 0.02 0.07 0.06 0.06 0.07 10 20 4 0.75 1 2 3 3.25 3 2 2 2 2 4 4 1 1 2+ 2.5 20 15 15 20 20 13 20 11 27 20 20 20

Purchaser
Repsol Energy Canada CNOOC Osaka Gas

Import country
Canada China Japan

Amount (mtpa)
> 2 mtpa 3.6 up to 0.8

Duration (Years)

Extra Years

Start
Dec. 2010 2014 2012

Delivery Format
D.E.S. D.E.S. D.E.S.

20 25 option for a 5 year extension

2011 2013/2014 2013 April 2010 2011 2011 2013 Sept. 2010 Oct. 2010 Dec. 2010 Oct. 2010 Jan. 2011 Jan. 2011 2010 2010 Jan. 2010 Jan. 2011 June 2010 2011 2014 D.E.S. D.E.S. D.E.S. D.E.S. D.E.S. D.E.S. D.E.S. D.E.S. D.E.S. D.E.S. FOB D.E.S. D.E.S. D.E.S. D.E.S. D.E.S. D.E.S. F.O.B. D.E.S.

Short term contracts (< 4 yrs)

Japan Japan Japan Japan Japan Japan Japan Japan Japan Japan Japan Japan Korea Korea U.S.A./other (Bi-directional LNG processing capacity at Sabine Pass) U.S.A./China France (Fos Tonkin) France (Montoir) Italy (Panigaglia) Kuwait Japan Brazil South Korea Turkey Spain Norway Brazil South Korea South Korea Spain Spain United Kingdom Japan South Korea United Kingdom

2015 2015 2016-2018 2014 2014 2012 2012 2014 April 2015~ March 2016 April 2015~ March 2017

D.E.S. D.E.S. F.O.B. D.E.S. D.E.S. D.E.S. D.E.S. D.E.S. D.E.S. F.O.B. F.O.B./D.E.S.

Heads of Agreement (H.O.A)

Memorandum of understanding (M.O.U)

Re-export of cargoes

2 10 <1 spot spot spot spot spot spot spot spot spot spot spot spot spot spot spot spot

Oct. 2010 2011-2021 Nov. 2010

* Same contract than above. ** Option agreement. None of the volumes are firm. *** Up to 120 cargoes over 20 years (i.e. up to 8.4 million tonnes if a 140.000 cubic metre capacity vessel is used). **** Freeport LNG and ConocoPhillips amended their Terminal Use Agreement to provide for re-export of LNG cargoes. Start: 2009

LNG trade
In 2010, the world LNG trade accounted for 483.1 106 m3 in liquid form(1) or 220.2 106 t, as shown in the following table :

f LNG Imports
106 m3 liquid
Belgium France Greece Italy Portugal Spain Turkey U.K. Europe Argentina Brazil Chile Dominican Rep Mexico Puerto Rico Canada U.S.A. Americas China India Japan Korea Taiwan Asia Kuwait Dubai Middle East Total
(1)

f Sources of Imports
106 t 109 m3 (n) gaseous
5.46 13.11 0.93 8.37 2.68 26.18 7.08 17.81 81.63 1.74 2.70 2.89 0.85 5.33 0.74 1.23 10.81 26.30 11.80 11.19 87.31 40.69 13.87 164.87 2.52 0.22 2.75 275.54

share %
2.0 4.8 0.3 3.0 1.0 9.5 2.6 6.5 29.6 0.6 1.0 1.0 0.3 1.9 0.3 0.4 3.9 9.5 4.3 4.1 31.7 14.8 5.0 59.8 0.9 0.1 1.0 100.0

Var. 2009-10 %
-12.2 7.9 18.0 208.7 3.9 1.5 39.4 76.4 24.8 103.9 482.4 370.4 55.5 55.5 2.8 29.7 -11.1 33.3 68.3 -3.2 8.8 30.2 24.9 16.8 175.3 NA 189.3 21.2 Algeria Egypt Equatorial Guinea Libya Nigeria Norway Trinidad&Tobago Peru Atlantic Basin Abu Dhabi Oman Qatar Yemen Middle East Australia Brunei U.S.A. Indonesia Malaysia Russia Pacific Basin

106 m3 liquid
31.34 15.58 8.28 0.57 39.30 7.76 32.09 2.66 137.57 12.97 18.96 123.29 9.18 164.40 41.29 14.43 1.35 51.48 50.95 21.65 181.14

106 t

109 m3 (n) gaseous

18.02 9.07 4.84 0.32 22.24 4.48 18.93 1.54 79.44 7.34 10.67 70.25 5.21 93.47 23.20 8.14 0.79 29.27 28.89 12.34 102.63

share %
6.5 3.3 1.8 0.1 8.1 1.6 6.9 0.6 28.8 2.7 3.9 25.5 1.9 33.9 8.4 3.0 0.3 10.6 10.5 4.5 37.2

Var. 2009-10 %
-8.8 -30.2 8.2 -51.6 54.2 49.2 -4.1 NA 6.1 12.3 5.9 52.1 1180.7 47.8 4.8 0.8 2.4 21.6 3.9 95.9 15.1

9.58 22.91 1.61 14.63 4.72 45.64 12.37 31.15 142.63 2.95 4.69 4.95 1.45 9.38 1.26 2.11 18.63 45.42 20.86 19.62 154.04 71.53 24.39 290.44 4.41 0.22 4.63 483.11

4.40 10.40 0.73 6.66 2.16 20.60 5.62 14.19 64.75 1.27 2.10 2.17 0.62 4.28 0.54 0.92 8.19 20.10 9.60 8.97 70.87 32.64 11.18 133.26 1.99 0.10 2.10 220.21

14.22 6.72 3.63 0.28 18.00 3.50 13.77 1.21 61.33 6.06 8.91 56.71 3.99 75.67 19.28 6.65 0.57 23.50 23.49 9.72 83.21

Total
3

483.11

220.21

275.54

100.0

21.2

All figures related to LNG trade are based on unloaded volumes.

The conversion factors from liquid m are calculated from the table on page 8.

f Quantities (106 liquid m3) received in 2010 by the importing countries from the exporting countries
Algeria Belgium Egypt
Belgium France Greece Italy Portugal Spain Turkey U.K. Europe Argentina Brazil Chile Domin Rep Mexico Puerto Rico Canada U.S.A. Americas China India Japan Korea Taiwan Asia Kuwait Dubai Middle East Total Export *Re-exports. (0.84)* 10.36 1.41 2.67 8.40 6.01 2.07 30.91 0.13 0.15 (0.57) 0.14 0.29 0.29 0.26 0.28 1.18 0.08 1.19 4.30 0.44 0.20 7.66

Equat. Guin.

Libya

Nigeria Norway
0.27 5.90 0.14 0.85 0.27

Peru
0.14

Trinidad Abu & Tobago Dhabi

0.40 0.07 0.53 0.27 5.30 0.39 2.69 9.64 2.70 1.38 1.26 1.45 1.26 1.59 8.78 18.42 1.01 0.27 1.53 0.72 3.54 0.49 0.49

Oman

Qatar
9.59 4.07 9.82 0.13 9.17 3.00 23.26 59.03 0.25 1.11 0.45 1.68 0.42 2.11 6.02 2.75 17.35 16.63 15.20 6.08 58.01 0.22 0.22

Yemen Australia Brunei

U.S.A. Indonesia Malaysia Russia

Total Import
9.58 22.91 1.61 14.63 4.72 45.64 12.37 31.15 142.63 2.95 4.69 4.95 1.45 9.38 1.26 2.11 18.63 45.42 20.86 19.62 154.04 71.53 24.39 290.44 4.41 0.22 4.63

0.16

0.05 0.16 0.57 4.32 12.93 1.98 0.66 26.06 1.45

0.21 0.15 2.48

0.57

2.95 0.40 1.55 6.17

1.05

0.28

0.39 0.43 0.98

0.19 0.30 0.49 0.15

1.18 0.26

0.28 0.05

0.17 0.31 3.20

3.70

0.24 0.09 0.74 1.33

0.29

0.14

3.38 3.93 0.14 0.98 1.88 0.28 3.28 0.70 0.70 15.58

0.13

0.13 0.15 0.28 0.15 0.15

0.13

2.63 0.14 0.28 1.23 2.80 0.55 5.00 0.44 0.44 8.28 0.57

1.94 7.08 0.28 0.52 1.41 1.98 1.84 6.02 0.13 0.13 39.30

1.20 1.20

0.05 0.14 11.28 0.41 0.69 12.53 0.39 0.39 12.97 6.27 10.13 0.83 17.24 1.45 1.45

0.26 0.12 0.38

0.14 0.14

1.80 2.28 1.44 0.32 0.27 3.75 5.78 0.15 0.15 9.18

(1.32)* (1.18) 8.44 28.74 2.35 1.76 41.29 12.84 1.59 14.43 1.48 0.56 2.03

3.20 4.06 28.06 11.85 4.31 48.28

2.78 30.70 10.87 6.22 50.57 0.37 0.37

0.85 13.61 6.09 0.97 21.52 0.14 0.14

31.34

0.00

7.76

2.66

32.09

18.96 123.29

41.29

14.43

1.35

51.48

50.95

21.65 483.11

LNG Tankers
The world LNG tanker fleet consisted of 360 vessels at the end of 2010.
In 2010, the growth pace of the LNG fleet started to experience a slowdown after several years of rapid expansion. 25 ships were added to the world LNG tanker fleet during the year, for an additional capacity of 4.1 106 m3, i.e an average capacity of 164 000 m3 per tanker. The order book was down from 37 at the end of 2009 to 20 at the end of 2010. Only 3 ships with a capacity of over 200 000 m3 were delivered, compared with 17 in 2009. Two ships were sold for scrapping in 2010: - Chill, ex Margaret Hill and Hoegh Galleon (Moss, 87 600 m3, delivered in 1974) - Supreme, ex Mel and ex Hassi RMel (NO82, 40 100 m3, delivered in 1971) One methane tanker is being converted into FSRU: - Golar Frost (Moss, 138 000 m3, will be called FSRU Toscana, end of the conversion planned for Q2 2011) Seven orders were placed for new ships, all of which using the membrane technique: 6 Mark III and 1 NO96.

f Laid-up ships in 2010

Name
Ben Badis Abdel Kader LNG Bonny Kotawaka Maru Dewa Maru Galeomma Transgas Gandria Khannur Gimi Hilli

Capacity
177 000 177 000 132 600 125 200 125 900 126 450 129 400 125 800 126 000 126 300 126 200

Delivery date
2009 2009 1984 1984 1984 1978 1977 1977 1977 1976 1975

Containment
Mark III Mark III NO 88 Moss Moss Mark I NO 85 Moss Moss Moss Moss

TOTAL

1 497 850

f Number of voyages completed in 2010

1 356 519 1 194 379 180 142 145 33 3 TOTAL to Japan (1 267 in 2009) to Korea (405 in 2009) to Europe (1 080 in 2009) to the United States, Puerto Rico, the Dominican Republic, Mexico, Argentina, Brazil, Chile and Canada (261 in 2009) to Taiwan (145 in 2009) to India (149 in 2009) to China (95 in 2009) to Kuwait (12 in 2009) to Dubai 3 951 voyages (3 414 in 2009)

Total shipping capacity in operation was almost 51 106 m3 in 2010; the average capacity per carrier was about 145 000 m3. Total shipping capacity available on the market at the end of 2010 was just above 52 106 m3, including some 4.1 106 m3 of additional capacity with new ships delivered during the year. At the end of December 2010, the number of LNG carriers under construction or on firm order was 20 of which 2 using the Moss technique and 18 using the GTT membrane technique. 11 should be delivered in 2011 (10 Membrane and 1 Moss). In 2010, LNG traffic towards Europe via the Suez Canal skyrocketed with a 74% increase over 2009. This can be explained by the addition of new imports from the Middle East and by the 30% discount on official transit rates granted by Egypt following Qatars request. By way of comparison, the traffic of loaded oil tankers via the Suez Canal only recorded a 1.8% increase.

25 ships delivered in 2010

f Membrane Technology (21)
Delivery date
15/01/2010 27/01/2010 18/02/2010 05/03/2010 02/04/2010 19/04/2010 21/04/2010 28/05/2010 31/05/2010 01/06/2010 01/06/2010 01/06/2010 28/07/2010 10/08/2010 12/08/2010 17/09/2010 30/09/2010 30/09/2010 29/10/2010 30/11/2010 12/12/2010

Ship name
Maersk Meridian Al Bahiya GDF SUEZ Point Fortin Zarga Expedient Methane Julia Louise Barcelona Knutsen Aamira GasLog Savannah Sevilla Knutsen STX Frontier GDF SUEZ Cape Ann GasLog Singapore Rasheeda Castillo de Santisteban Methane Becki Anne Exemplar Valencia Knutsen Methane Patricia Camila Ribera del Duero Knutsen Methane Mickie Harper

Capacity (m3)
165 000 210 100 154 200 266 000 150 900 170 000 173 400 266 000 154 800 173 400 153 500 145 000 154 800 266 000 173 600 170 000 150 900 173 400 170 000 173 400 170 000

Shipowner
AP Moller - Maersk A/S 100% Nakilat 100% LNG Japan - Sumitomo - MOL Nakilat 100% Excelerate 100% BG 100% Knutsen OAS Shipping 100% Nakilat 100% GasLog 100% Knutsen OAS Shipping 100% STX Panocean 100% Hoegh LNG 50% - MOL 48.5% Tokyo LNG Tanker 1.5% GasLog 100% Nakilat 100% Elcano 100% BG 100% Excelerate 100% Knutsen OAS Shipping 100% BG 100% Knutsen OAS Shipping 100% BG 100% SHI DSME Imabari/Koyo SHI DSME SHI DSME SHI SHI DSME Hanjin SHI SHI SHI STX SHI DSME DSME SHI DSME SHI

Ship builder

Cargo system
Mark III NO 96 Mark III Mark III NO 96 Mark III NO 96 Mark III Mark III NO 96 Mark III Mark III Mark III Mark III NO 96 Mark III NO 96 NO 96 Mark III NO 96 Mark III

Hull #
1633 2286 2263 1752 2271 1745 2267 1753 1641 2269 N193 1689 1642 1754 S-3008 1858 2272 2274 1746 2275 1859

f Moss Technology (2)

Delivery date
15/02/2010 01/10/2010

Ship name
Taitar n3 Taitar n4

Capacity (m3)
147 200 145 000

Shipowner
CPC 45% - NYK 27.5% - Mitsui 27.5% CPC 45% - NYK 27.5% - Mitsui 27.5% MHI KSC

Ship builder

Cargo system
Moss Moss

Hull #
2242 1626

f Cylinders Technology (2)

Delivery date
29/01/2010 14/07/2010

Ship name
Norgas Innovation Norgas Creation

Capacity (m3)
10 000 10 000

Shipowner
IM Skaugen 50% - GATX 50% IM Skaugen 50% - GATX 50%

Ship builder
Taizhou - Skaugen - Wuzhou Taizhou - Skaugen - Wuzhou

Cargo system
Cylinders Cylinders

Hull #
WZL0601 WZL0602

Tanker distribution
The vessels can be classified as follows (at the end of 2010):

f According to containment system:

245

f According to the delivery date or the age of the ships:

174

109 6 Moss Rosenberg GazTransport & Technigaz Others

f According to cargo capacity:

277 63 43 20 52 8 25 000 6 50 000 17 90 000 170 000 Volume (m3) 0 5 10 15 20 6 25 30 Age (years) 13 41

g LNG Characteristics
The average composition is chosen as being representative among compositions provided by the different receiving terminals
Nitrogen N2 %
0.6 0.9 0.6 0.5 0.1 0.0 0.0 0.7 0.1 0.8 0.0 0.3 0.4 0.4 0.0 0.2 0.1 0.1 0.2 0.0 0.3 0.1 0.6

Origin
Algeria-Arzew Algeria-Bethioua 1 Algeria-Bethioua 2 Algeria-Skikda Egypt-Damietta Egypt-Idku Equatorial Guinea Lybia Nigeria Norway Trinidad Abu Dhabi Oman Qatar-Qatargas I Yemen U.S.A.-Alaska Australia-NWS Brunei Indonesia-Arun Indonesia-Badak Indonesia-Tangguh Malaysia Russia-Sakhalin Peru

Methane C1 %
88.0 88.1 90.7 91.8 97.7 95.9 93.4 81.6 92.1 91.8 97.1 84.8 87.9 90.1 93.3 99.7 87.4 90.6 90.7 91.2 90.3 92.6 89.1

Ethane C2 %
9.0 8.4 7.8 6.9 1.8 2.8 6.5 13.4 5.3 5.7 2.5 13.2 7.3 6.2 5.7 0.1 8.3 5.0 6.2 5.5 2.9 5.3 4.5 10.3

Propane C3 %
2.0 2.0 0.8 0.6 0.22 0.9 0.0 3.7 2.1 1.3 0.2 1.6 2.9 2.3 0.9 0.0 3.4 2.9 2.0 2.4 0.5 3.1 1.9 0.1

C4+ %
0.5 0.7 0.0 0.1 0.2 0.5 0.0 0.7 0.5 0.4 0.1 0.1 1.6 1.0 0.1 0.0 0.8 1.5 1.0 0.9 0.2 1.1 0.2 0.0

LNG density kg/m3

464 455 450 446 427 436 439 485 458 451 429 467 470 460 434 423 467 461 457 456 432 461 449 456

Gas density kg/m3(n)

0.813 0.806 0.780 0.769 0.730 0.752 0.755 0.867 0.809 0.782 0.727 0.826 0.834 0.808 0.765 0.719 0.831 0.816 0.803 0.801 0.744 0.813

Expansion ratio m3(n)/m3 liq

570 573 577 580 585 579 585 559 566 577 590 566 563 569 567 589 562 564 569 568 580 567 570 579

Gas GCV MJ/m3(n)

44.1 35.7 36.0 35.5 40.8 38.9 42.0 46.6 44.2 40.1 39.8 44.9 45.3 44.0 38.5 39.9 45.3 44.6 43.9 43.9 41.0 44.3

Liquefaction Plants
There were 25 LNG liquefaction facilities in operation in eighteen countries at the end of 2010. 4 new trains were commissioned in 2010: 1 train at Qatargas III and 1 train at RasGas III (Qatar), 1 train in Yemen (Balhaf) and 1 train in Peru (Pampa Melchorita). The aggregate nominal capacity of all liquefaction plants amounted to 594.1 106 m3 of LNG per year, or 269.6 106 t, for 94 liquefaction trains. Considering a total production of 484.1 106 m3 of LNG, the average utilization rate reached 81%, compared with 74% in 2009. The total storage capacity amounts to 9.2 106 m3 of LNG for 91 storage tanks, representing the equivalent of about seven days of production. In 2010, only one Final Investment Decision was taken, regarding BGs Queenlands Curtis facility in Australia.

f ASIA

Liquefaction plants

Regasication plants
Sakhalin II - Sakhalin Energy Investment Co.

In-Chon - Kogas Ras Laffan - Qatargas Das Island - Adgas Dubai - Dusup Qalhat - OLNG Hazira - SHG Ras Laffan - Rasgas Balhaf - Yemen LNG Blang Lancang - PT Arun LNG Co. Bintulu - Malaysia LNG Sdn Bhd Dahej - Petronet LNG Gwangyang - Posco Fujian - Fujian LNG

Pyeong-Taek - Kogas Tong-Yeong - Kogas

Shanghai - CNOOC Taichung - CPC Yung-An - CPC

Guangdong - Dapeng LNG Co.

Lumut - Brunei LNG Sdn Bhd Bontang - PT Badak NGL Co.

Tangguh - BP Darwin - ConocoPhillips Withnell Bay - Woodside Offshore Petroleum

New projects/extensions of existing plants:

f Australia:
In addition to existing trains (Darwin and Northwest Shelf) and facilities currently under construction, more than a dozen additional liquefaction projects are proposed, for a total potential volume of 100 mtpa. At the end of 2010, Australian projects targeting FID in 2011 amounted to more than 30 mtpa of potential additional liquefaction capacity. Pluto LNG In Western Australia, the Pluto LNG project currently developed by Woodside, Tokyo Gas and Kansa Electric, is expected to produce LNG by the month of August 2011. At the end of 2010, Woodside revised its cost estimates for the 4.3 mtpa plant upwards, to about $14 Bn. Gorgon Also under construction in Western Australia, the Chevron-led Gorgon LNG project is on schedule to produce LNG in 2014. Located on Barrow Island, with an estimated cost of over $40 Bn, the project will include 3 liquefaction units of about 5 mtpa each, with possible addition of a fourth train. Owned by Chevron (47.3%), Shell Development Australia (25%), Exxon Mobil (25%), Osaka Gas (1.3%), Tokyo Gas (1%) and Chubu (0.4%), Gorgon will be mainly dedicated to supply Asian customers. QCLNG In October, BG Group announced that it had taken the Final Investment Decision approving implementation of the first phase of the CBM based Queensland Curtis Liquefied Natural Gas project (QCLNG). The first phase of QCLNG encompasses the development of a two-train liquefaction plant on Curtis Island near Gladstone in Queensland together with the associated upstream and pipeline facilities. First LNG exports are planned to commence from 2014, underpinned by agreements in Chile, China, Japan and Singapore for the purchase of up to 9.5 mtpa of LNG.

 Gladstone In September 2010, Total announced the signature of an agreement with Santos and Petronas to acquire a 20% interest in the GLNG project (Gladstone LNG). In December, Total announced the signature of an agreement to acquire an additional 7.5% interest from Santos. At the same time, South Koreas Kogas has signed an agreement to join the project with a 15% stake and has also committed to lift 3.5 million tons per year (Mt/y). The integrated LNG project consists of extracting coal seam gas from the Fairview, Arcadia, Roma and Scotia fields, located in Queensland, eastern Australia. The project also includes transporting the production over approximately 400 kilometers to a gas liquefaction plant in the industrial port of Gladstone, on the eastern coast of Australia. The GLNG liquefaction plant will consist of two trains with a total production capacity of 7.2 Mt/y. With the final investment decision in January 2011, the forecast start-up date for the first train is 2015. The LNG plant is expected to reach its plateau production in 2016 for more than 20 years. Bonaparte LNG In January 2010, GDF SUEZ signed with Santos the final agreement for the purchase of a 60% share in three offshore gas fields in Australia (in August 2009, GDF SUEZ and Santos announced a strategic partnership to develop a 2 mtpa floating LNG plant in the Bonaparte Basin, off the coast of Australia).

f Nigeria:
At the Bonny Island liquefaction plant, the Nigeria LNG joint venture is currently planning the construction of a seventh treatment unit, which is expected to come on line in 2012. Approximately 60% of the operations preceding the final investment decision had been carried out at the end of 2010. At full capacity, the plant could produce around 30 mtpa. Regarding the Brass LNG project, front end engineering operations are proceeding and the final investment decision is expected in the first quarter of 2012. The plant is expected to be completed in 2014 and it could produce up to 10 mtpa.

f Papua New Guinea:

Following the 2009 Final Investment Decision on PNG LNG project developed by Exxon and other partners, Daewoo Shipbuilding and Marine Engineering Energy and Resources announced that they had obtained approval to develop a 3 mtpa floating liquefaction plant along with Hoegh LNG and PNGs national oil company Petromin. Start-up of the plant would be targeted for 2014/15 but gas supplies for the project have not been clearly identified at this point.

f Peru:
Fed by the Camisea field, in which Repsol owns a 10% stake, South Americas first liquefaction plant at Pampa Melchorita started exporting in June 2010. The plant has two tanks of 130 000 m3 each and its marine terminal can receive carriers between 90 000 m3 and 174 000 m3. In the future, the entire output (4.45 mtpa) is to be offtaken by Repsol, with 3.7 mtpa committed to the projected Manzanillo regasification terminal in Mexico.

f AFRICA

Liquefaction plants

Idku - Egyptian LNG Damietta - Egyptian Gas Co. (SEGAS)

f Qatar:
In 2010, 2 new trains were added to Qatars existing liquefaction capacity: Qatargas III and Rasgas III Train 2 (Train 7 of Rasgas). Each train has a design capacity of 7.8 mtpa. These trains have increased Qatars theoretical export capacity to around 69.2 mtpa at the end of 2010. Available production capacity in 2010 was nevertheless lower, due to maintenance on four trains, and Qatar has produced around 56.7 mt in 2010, i.e an average utilization rate of almost 82%.

Bonny Island - Nigeria LNG

Bioko Island - Marathon Oil

f U.S.A.:
In June 2010, Cheniere Energy proposed to add liquefaction services at the Sabine Pass terminal thereby converting Sabine Pass into a bi-directional facility that would liquefy and export natural gas as well as regasify imported LNG. Cheniere initiated the regulatory process for the project in July 2010 and secured Department of Energy (DOE) approval for the export of 2 Bcf/d of LNG for 30 years to the Free Trade Nations in September 2010. Concurrently, Cheniere initiated the NEPA (National Environmental Protection Act) pre-filing process with the FERC. As of December 31, 2010, Cheniere had signed Memoranda of Understanding with various counterparties for bi-directional processing capacity at Sabine Pass totaling up to 4.7 mtpa and had entered into negotiations of definitive Sale and Purchase Agreements (SPAs) with these counterparties. Sabine Pass could possibly begin exporting LNG in 2015. Along with Macquarie Energy, Freeport LNG also plans to develop liquefaction facilities at Freeport LNGs existing import terminal. The new facilities could include four trains and produce up to 1.4 Bcf/d of LNG. Freeport LNG submitted applications by the Federal Energy Regulatory Commission and by the DOE in December 2010.

f Cameroon:
In June 2010, following allocation by the State of a site for the LNG plant, GDF SUEZ and SNH initiated the Pre-FEED study, conducted by Foster Wheeler, for an onshore plant of a capacity comprised between 2.5 and 3.5 mtpa. In December 2010, Socit Nationale des Hydrocarbures (SNH) and GDF SUEZ announced the signing with the Republic of Cameroon of a Framework Agreement for Cameroons first LNG project.

f Canada:
Kitimat LNG export plant in British Columbia filed an application with Canadas NEB (National Energy Board) to export up to 10 mtpa of LNG for 20 years. The project is owned by affiliates of Apache Canada (51%) and EOG Resources Canada (49%). According to the shareholders, the FID could be taken by the end of 2011 and the plant could start to export LNG around late 2015 or early 2016.

f Indonesia:
In Tangguh, BP is considering options for building a third train but no decision had been made at the end of the year. BP is the operator and owns 37.16% of the Tangguh liquefaction plant. In December, a plan to develop a 2.5 mtpa project in the Timor Sea sponsored by Inpex (Masela FLNG project) was approved by the Indonesian government. Inpex plans to take a Final Investment Decision by 2013 with an operational start-up planned for 2018.

f Yemen:
The second train of the Yemen LNG natural gas liquefaction plant in Balhaf started production in April. Combined with production from the first train which was commissioned in October 2009, it will enable the Yemen LNG plant to reach its full capacity.

10

Regasication Plants
83 LNG regasification plants including 10 floating structures were in operation at the end of 2010. The total send-out capacity of the facilities in operation amounted to 600 mtpa (796 bcm/y of gas) and their storage capacity to 38.5 106 m3 of LNG (liquid) for 363 tanks. Compared to an annual LNG consumption of 220 mtpa, the aggregate potential regasification capacity provides large opportunities for flexibility with a global average utilization rate of installations around 37%. The annual average utilization rate of regasification terminals is characterized by significant regional discrepancies: very low in North America (about 12%) due to the unforeseen development of unconventional gas, it reaches 42% in Asia and 50% in Europe, with intra-annual peaks according to the seasonal variations in demand. In 2010, 4 new LNG terminals went on stream Sakaide in Japan, Mejillones in Chile, Golden Pass and Neptune LNG in the U.S.A. and 3 existing terminals were expanded 2 in the UK (second expansion of Isle of Grain and second phase of South Hook) and 1 in the US (Elba Island).

New projects/extensions of existing plants:

f Argentina:
YPF (operator) and ENARSA formed a UTE (Union Transitoria de Empresas) for the construction and operation of a second regasification terminal in Escobar (30 km north of Buenos Aires), and signed a 10 year time charter with Excelerate for the supply of a FSRU for this project. The estimated start-up date is May 2011.

f SOUTH AMERICA

Liquefaction plants Regasication plants

f Brazil:
Petrobras announced plans to build a third regasification plant in the northern state of Bahia. Construction could begin in March 2012 and completion is expected in August 2013. The send out capacity would reach 5 bcm/y. The terminal will consist of a moored vessel with regasification facilities which will receive LNG delivered by ship-to-ship transfer. Two onshore connections to the gas networks are considered: one to the Bahia distribution system, the other to the South Northeast Gas Pipeline (GASENE).
Punta Caucedo - AES Altamira Terminal de LNG de Altamira Penuelas - EcoElectrica Point Fortin - Atlantic LNG

f Chile:
GNL Mejillones: With a send-out capacity of 5 million cubic meters per day, the terminal was commissioned in April 2010, followed by commercial operation in June. The terminal is operated by the company GNLM and the supply contract is in place for 30 TBtu per annum over 3 years with GDF SUEZ LNG. So far, the LNG Mejillones terminal has been operating with the use of a conventional ship newly-built 162 400 m3 BW GDF SUEZ Brussels- as floating storage (FSU) and an onshore regasification facility. In November 2010, GDF SUEZ announced the construction of an on-shore LNG storage tank (net capacity of 175 000 m3) which will be completed by Q3 2013. GDF SUEZ will also increase its stake in the LNG company to 63% (CODELCO being the other shareholder).

Pecm Port - Transpetro

Pampa Melchorita - Peru LNG

Guanabara Bay - Transpetro Mejillones - GNL Mejillones Quintero - GNL Quintero S.A. Bahia Blanca - Repsol YPF

f China:
At the Dapeng terminal, the design has been completed for the fifth loading arm, and a new nitrogen generation facility will be installed and commissioned in 2011. Regasification capacity is now around 9 bcm/y. Kunlun Energy, a Hong Kong subsidiary of CNPC, has secured a 75% stake in Petrochina Dalian LNG company, the operator of the Dalian LNG terminal in Chinas Northeastern Lioning province. The other shareholders of Petrochina Dalian LNG are Dalian Port (20%) and Dalian Construction Investments (5%). The company completed the construction of a wharf capable of receiving Q-Flex LNG tankers, which will be the first phase of a 3 mtpa project that is due to be commissioned in April 2011. A second step which may double the terminal capacity is planned later. LNG will come from Qatar and Australia. PetroChinas Rudong LNG terminal in Chinas Eastern province of Jiangsu is expected to receive its first cargo from Qatargas in Q2 2011. Petrochina has a 25-year supply contract with Qatargas IV for 3 mtpa. Sinopec has begun construction of its Qingdao LNG terminal project in the eastern province of Shandong. The project is scheduled to start up in 2014 with an initial import capacity of 3 mtpa which is expected to increase to 5-6 mtpa. The company signed a 20-year term 2 mtpa supply contract with Exxon Mobil from the PNG LNG project in Papua New Guinea. CNOOC has started construction at its Zhuhai terminal, its second terminal in the southern province of Guandgdong after Dapeng. The initial capacity of 3.5 mtpa could be expanded to 12 mtpa. The terminal will receive LNG supplies from CNOOCs long term contracts with Qatargas and BG Groups Queensland Curtis project in Australia.

11

f EUROPE

Liquefaction plants

Regasication plants
Snohvit - StatoilHydro

Teeside - Excelerate Energy Isle of Grain - National Grid Grain LNG, Ltd Milford Haven - Dragon LNG Milford Haven - South Hook LNG Zeebrugge - Fluxys Fos Tonkin - Elengy Montoir - Elengy Bilbao - BBG Reganosa - Regas Sines - REN Atlantico Barcelona - Enagas Sagunto - Saggas Skikda - Sonatrach Bethioua - Sonatrach Arzew - Sonatrach Mina Al Ahmadi Gasport - Excelerate/KNPC Fos Cavaou - Elengy Panigaglia - Snam Rete Gas Rovigo - Adriatic LNG Marmara Ereglisi - Botas

Aliaga - Egegaz Revithoussa - Depa Marsa-el-Brega - Sirte Oil Co.

Huelva - Enagas Cartagena - Enagas

f Croatia:
Croatias state-owned gas pipeline operator, Plinacro, is awaiting government approval for the development of a floating LNG terminal as a short-term replacement for the delayed 10 bcm/y Adria LNG import project on the island of Krk.

f India:
Petronet has started building a second jetty at the Dahej terminal in order to accommodate larger capacity LNG tankers. The company is studying plans to build two additional storage tanks to increase terminal capacity. The new LNG terminal in Kochi (Petronet) is expected to be commissioned at full capacity (5 mtpa) by March 2012. At the Dabhol LNG terminal located in Maharashtra (South West of India) and operated by Ratnagiri Gas and Power Privated Ltd (RGPPL), operations have been delayed due to the lack of breakwater which would only be completed in 2011. Full capacity will be around 5 mtpa and three 160 000 m3 storage tanks will be built. Construction of a 6.5 mtpa LNG receiving & regasification terminal is planned at Mundra in Gujarat, India. FEED has been completed and land reclamation activity is under progress. FID is expected in 2011.

f Dubai:
At the end of November 2010, Dubai Supply Authority (DUSUP) completed the commissioning of its Mina Jebel Ali terminal, located 35 kilometers southwest of Dubai and developed with Shell. Consisting of the permanently moored FSRU Golar Freeze, Jebel Ali had received three cargoes of LNG from Qatar at the end of the year. From 2011, the terminal will be primarily supplied with LNG from Qatargas IV sold to Shell and DUSUP.

f France:
Fos Cavaou LNG terminal: STMFC (subsidiary of ELENGY, 72% and TOTAL, 28%) has completed its new LNG terminal in Fos-sur-Mer (Cavaou peninsula) near Marseille. The terminal has carried up the commissioning phase from October 2009 to March 2010. The Fos-Cavaou terminal started commercial operations on April 1st, 2010 at 20% of full capacity and has received green light to operate at full capacity in August 2010. Full capacity amounts to 8.25 bcm/y. French power incumbent EDF will make a final investment decision by mid-2011 regarding the LNG regasification terminal project at Dunkirk, having twice postponed its commitment to the project. The 10 to 13 bcm/y LNG facility was due to be sanctioned in June 2010, but the deadline has already been pushed back to the end of 2010, with a scheduled project start-up in 2014.

f Italy:
Panigaglia LNG terminal: In September 2010 the Ministry for the Environment gave its final authorization to the upgrading of the Panigaglia regasification terminal in order to expand the capacity from 3.5 to 8 bcm/y. The project includes: the possibility to unload larger LNG ships (currently 65 000 m3 LNG); an updating process of the main equipments of the plant involving: - the LNG storage tanks; - the berthing area; - other technical infrastructures; the construction of a new cogeneration plant (32 MW).

12

f Netherlands:
The main permit needs to be issued by the Ministry of Economic Development and it has not been obtained yet. As a consequence, the project has been delayed. Porto Empedocle (Sicily): In December 2010, the Decree (previously granted in October 2009) granting the authorization to build and operate the terminal under the Italian Law was cancelled. If authorized again, the Enel-developed regasification terminal is foreseen to be in operation by 2016. In 2010, the construction of the Gate terminal progressed well. Located in Rotterdam-Maasvlakte, Gate is on schedule to start commercial operations as of September 2011. Gate terminal has decided to invest in an additional high-pressure compression facility, which will increase the flexibility of the terminal by allowing Gates customers to reduce their minimum send-out. Gate terminal will be the first LNG terminal in the Netherlands. The project comprises two jetties, 3 storage tanks and a processing area. The initial throughput capacity of around 12 bcm/y could be increased to 16 bcm/y.

f Japan:
The Sakaide terminal (Shikoku Electric, Cosmo Oil and Shikoku Gas) started commercial operations in March 2010. LNG supply of 0.42 mtpa will be provided by Malaysia LNG over a 15-year contract. Following the FID in February 2010, the construction of the Hibiki LNG Terminal (Saibu Gas) started in July. The terminal is located in the Kitakyushu City, Fukuoka Prefecture. Start of operations is scheduled for November, 2014. At the Mizushima LNG terminal (Chugoku Electric), expansion has been planned and the construction of a second 160 000 m3 tank is scheduled for April 2011.

f North America - U.S.A.:

In several US terminals, upgrades have been planned in order to enhance flexibility or to improve efficiency: The new NGL extraction unit in Lake Charles allows to attract LNG with higher calorific value, and the new vaporizers with the submerged combustion technology bring better efficiency. At the Elba Island terminal, new vaporizers have been installed, and a new 200 000 m3 tank is under construction. In a second phase, a pier will be upgraded to accommodate the larger Q-Max vessels and another tank will be built. In Cove Point, the upgrade also permits the accommodation of Q-Max vessels, and completion of the pier expansion is scheduled for the end of 2011. 2 new terminals went on-stream: The Golden Pass terminal, with an initial regasification capacity of 3 mtpa. Located on the Sabine-Neches Waterway near Sabine Pass, Texas, the LNG terminal which is a joint-venture of ExxonMobil (17.6%), Qatar Petroleum (70%) and ConocoPhillips (12.4%), has been granted in-service authority by FERC and has begun commercial operations; 2 Q-Flex cargoes were received from Qatar in October and November 2010. Neptune LNG (Massachusetts, U.S.A.): Developed by GDF SUEZ NA, the Neptune LNG terminal is a deepwater port with a buoy system and two Shuttle and Regasification Vessels (SRV) GDF SUEZ Cape Ann and GDF SUEZ Neptune, 150 000 m3 each which are moored 22 miles off the coast of Gloucester,

f Korea:
South Korea plans to build additional LNG tanks by 2013 so as to meet increasing domestic gas demand. The expansion of the 1.7 mtpa LNG receiving terminal in Gwangyang (Posco) was completed by September 2010 by the addition of a 3rd above-ground storage tank (165 000 m3) which will increase operational flexibility.

f Mexico:
The construction of the Manzanillo liquefied natural gas (LNG) regasification terminal - Mexicos third LNG terminal after Altamira and Costa Azul could be completed by the end of 2011. Located in Colima State, the terminal will supply power stations in the western parts of the country as well as the city of Guadalajara. Gas supply will come from the Pampa Melchorita liquefaction plant in southern Peru of which Repsol YPF is the exclusive off-taker. Under the 15-year contract between Repsol and the Mexican Federal Electricity Commission (CFE), the total volume of gas supplied could reach more than 67 bcm.

f NORTH AMERICA

U.S.A.

Liquefaction plants

Regasication plants

Kenai - Phillips - Alaska NG Corp.

Neptune LNG - GDF SUEZ

Canaport - Repsol Energy

Cameron LNG - Sempra Energia Costa Azul - Sempra Golden Pass Golden Pass LNG

Everett - Suez LNG NA

Northeast Gateway - Excelerate Energy Cove Point - Dominion

Elba Island - El Paso Freeport LNG - Freeport LNG dvlpt. Lake Charles - CMS Trunkline LNG Corp. Sabine Pass - Cheniere Energy

Gulf Gateway - Excelerate Energy

13

f Spain:
Massachussetts. The terminal became operational in early 2010. In 2010, Neptune LNG received two partial cargoes from Trinidad. In Mississippi, Gulf LNG Energy plans to start up its 5 mtpa Pascagoula LNG terminal by the end of 2011. The developers of Gulf LNG the Crest Group, a group of Houston-based investors will continue to own 30% of the project, while Angolan state Sonangol will hold 20%. At the end of 2010, 2 existing terminals (Sabine Pass, Freeport) had successfully applied to FERC for permission to re-export cargoes and one application was still pending (Cameron, authorized in January 2011). Sagunto: the Sagunto regasification plant Saggas (42.5% owned by Gas Natural Fenosa Group) will be expanded with the construction of a fourth LNG storage tank. The commissioning of this new tank, scheduled for the first quarter of 2012, will allow Saggas to double its initial storage capacity, to 600 000 m3. Bilbao: the Board of Directors of Bahia de Bizkaia Gas (BBG) has approved the construction of a new 150 000 m3 LNG tank, which represents a 50% increase of the plants current storage capacity. The construction will start in 2011 and the new equipment is expected to be operational by 2014. New storage tanks (150 000 m3) have been commissioned in several Spanish terminals in 2010: one in Barcelona, one in Huelva and one in Cartagena.

f Poland:
The Swinoujscie LNG terminal is scheduled to be operational in 2013 and will start with a capacity of 5 bcm/y, to be expanded to 7 bcm/y. Construction has already begun. First LNG deliveries from Qatar are scheduled to arrive in mid-2014.

f Thailand:
PTT Mab Ta Phut LNG terminal: the future terminal will have an initial 5 mtpa capacity, which could be expanded to 10 mtpa through the addition of a third storage tank and a second berth and will be able to receive Q-Max carriers. The commissioning process could begin in May 2011 and the terminal could be fully operational by July. Preliminary agreements with Qatar for 1 mtpa of LNG have failed but PTT will buy spot cargoes for commissioning and is looking for short or medium term supply for the period 2011-2014. Australian LNG supplies are also under consideration.

f Portugal:
REN Atlantico, the operator of the Sines LNG terminal (Portugal) is building a third storage tank and is expected to increase the plants nominal send-out capacity from approximately 4.8 bcm/y to 7.2 bcm/y.

f Singapore:
Singapore LNG: Developed by Singapore LNG, the Singapore LNG import terminal is the country's first LNG regasification facility, located in Jurong Island. It is expected to serve as a hub for physical LNG trading and regional redistribution. Terminal will have a capacity of 3.5 mtpa which could be expanded to over 6 mtpa. Construction of the project began in March 2010 and is expected to be completed by 2013. The terminal will have two storage tanks of 188 000 m3 each, with a send-out capacity of 3.5 mtpa as well as reloading capability. In addition, a jetty capable of accepting the latest Q-Max vessels will also be constructed.

f United Kingdom:
Isle of Grain LNG terminal: the second major expansion of the National Grid Grain LNG facility, was successfully commissioned and went live on December 1st 2010. This third phase includes a new 190 000 m3 tank, 4 additional vaporizers, associated process plant and a new jetty capable of accepting Q-Max vessels. Building and commissioning of phase 2 were completed on April 2010 at the South Hook LNG terminal. The terminal now operates at full capacity (15 mtpa).

f JAPAN

Regasication plants
Shin-Minato Sendai City Gas Niigata - Nihonkai LNG

Higashi-Ohgishima - Tokyo Electric Negishi - Tokyo Gas Sodeshi - Shizuoka Gas Yokkaichi - Chubu Electric & Toho Gas Sakai - Kansai Electric Himeji - Osaka Gas & Kansai Electric Hatsukaichi - Hiroshima Gas Tobata - Kita Kyushu LNG Fukuoka - Saibu Gas Nagasaki - Saibu Gas Mizushima Mizushima LNG Yanai - Chugoku Electric Ohita - Ohita LNG Chita - Chita LNG & Toho Gas Kawagoe - Chubu Electric Senboku - Osaka Gas Ohgishima - Tokyo Gas Sodegaura - Tokyo Gas Futtsu - Tokyo Electric

Kagoshima - Nippon Gas

14

Long-term and medium-term contracts in force in 2010*

Reference Trade Export Seller Import Buyer Nominal quantity ACQ 106 t/year
1.3 2.5 3.7 0.5 1.40 1.15 0.75 0.77 1.15 0.92 0.36 0.65 3 0.75 3.6 1 3.3 0.72 3.6

Duration

Type of contract

Comments

DZ-F 1 DZ-F 2 DZ-F 3 DZ-GR DZ-I 1 DZ-I 2 DZ-SP 2 DZ-SP 3 DZ-SP 4

Algeria-France " " Algeria-Greece Algeria-Italy " Algeria-Spain " " Italy-Spain " "

Arzew-Bethioua Skikda Bethioua Arzew-Skikda Skikda-Bethioua " Skikda-Bethioua " Arzew-Bethioua Panigaglia " " Arzew-Bethioua Arzew-Bethioua Idku Damietta "

Sonatrach " " Sonatrach Sonatrach " Sonatrach " " Eni " " Sonatrach Sonatrach ELNG EGAS EGAS

Fos - Montoir Fos Fos - Montoir Revithoussa Panigaglia " Barcelona, Huelva, Cartagena, Sagunto " " Spain " " Marmara Ereglisi Cove Point Montoir, Fos Spain, other Barcelona, Huelva, Cartagena, Sagunto Lake Charles, LA

GDF SUEZ " " DEPA S.A. Eni Enel Endesa Cepsa Iberdrola S.A Iberdrola S.A Hidroecantabrico + EDP E.On Espana Botas Statoil GDF SUEZ BPGM Union Fenosa gas Petronas

1992/2013 1972/2013 1976/2013 2000/2021 1997/2014 1999/2022 2002/2017 2002/2022 2002/2021 2002-2018 2005-2016 2007/2022 1994/2014 2003/2009 2005/2025 2005/2025 2005/2029 2005/2010 2006/2023

F.O.B. " " F.O.B. F.O.B. D.E.S. D.E.S. " " D.E.S. " " D.E.S. D.E.S. F.O.B. F.O.B. " F.O.B. F.O.B. Extension 2014 Eni LNG portfolio " " Eni LNG portfolio Swap GDF SUEZ/ Enel linked with the NIG-F 2 contract Extension 2019

DZ-TR DZ-US EG-EU EG-SP " EG-U.S.A./UK EG-US

Algeria-Turkey Algeria-U.S.A. Egypt-Europe Egypt-Spain " Egypt-U.S.A./UK Egypt-U.S.A.

Idku

Egypt LNG T2 Egyptian General Petroleum Corporation Egypt Natural Gas Holding Co. (EGAS) PETRONAS Equatorial Guinea Train 1,S.A. NOC Nigeria LNG " Nigeria LNG " Nigeria LNG " " Nigeria LNG Nigeria LNG " Nigeria LNG Nigeria LNG Nigeria LNG " " Total E&P Norge GDF SUEZ StatoilHydro, RWE, Hess, Petoro StatoilHydro, RWE, Hess, Petoro Conoco Phillips, Marathon Atlantic LNG Atlantic 2/3

BGGM

"

"

Damietta

"

"

0.45

2005/2010

"

Extension 2012

EqG-US LY-SP NIG-F 1 NIG-F 2 NIG I-SP NIG II-SP NIG III-SP NIG IV-SP NIG V-SP NIG-TR NIG-P " " NIG-US NIG-US/EU NIG-US/MEX

Equatorial Guinea U.S.A. Libya-Spain Nigeria-France " Nigeria-Spain or U.S.A. " Nigeria-Spain " " " Nigeria-Turkey Nigeria-Portugal " " Nigeria-U.S.A. Nigeria/U.S.A. or EU Nigeria-US/Mexico NigeriaUS/Mexico/Spain Nigeria-US/Mexico Norway-GoM/EU Norway-Europe Norway-U.S.A. Norway-Spain U.S.A.-Japan T&T-Spain or U.S.A. "

Equatorial Guinea Marsa-el-Brega Bonny Island " Bonny Island " Bonny Island " " " Bonny Island Bonny Island " " Bonny Island Bonny Island Bonny Island " " Hammerfest Hammerfest Hammerfest Hammerfest Kenai Point Fortin "

Lake Charles, LA Barcelona, Huelva, Cartagena, Sagunto Montoir " Ba. H.Cart. Bil. Ba. H.Cart. Ba. H.Cart. Bil.Sag. " Huelva " Marmara Ereglisi Sines " " Lake Charles, LA US Gulf Coast/Europe US/GoM Spain/US/GoM US/GoM Gulf of Mexico/Europe Hammerfest Cove Point Spain Negishi, Futtsu, Sodegaura Cart.Ba. H. Bil. "

BGGM Gas Natural Fenosa GDF SUEZ Enel Gas Natural Fenosa Gas Natural Fenosa Endesa Iberdrola Eni Galp Energia Botas Galp Energia " " BGLS Total Shell Western LNG " " Total European terminals Statoil Natural Gas Iberdrola Tokyo Gas, Tokyo Electric Gas Natural Fenosa Gas Natural Fenosa

3.4 0.55 0.33 2.56 1.17 1.99 0.75 0.38 1.15 0.18 0.9 1.42 0.73 0.26 2.3 1.1 1.13 1.51 1.74 0.7 0.5 ~1.75 1.13 1.22 1.06 0.65

2007/2023 1981/2004 1999/2022 " 1999/2021 2002/2024 2005/2025 " 2006/2028 2005-2016 1999/2021 2006/2026 2002/2022 1999/2022 2004/2023 2005/2026 2007/2026 2009/2028 " 2007/2027 2007/ depletion 2006/2026 2006/2023 1989/2009 1999/2018 2002/2023

F.O.B. F.O.B. D.E.S. " D.E.S. " D.E.S. " " " D.E.S. D.E.S. " " D.E.S. D.E.S. D.E.S. " " D.E.S. F.O.B. D.E.S. D.E.S. D.E.S. F.O.B. " Extension March 2011 Eni LNG portfolio " Swap GDF SUEZ/Enel Extension 2012

NO-GoM/EU NO-EU NO-US NO-SP US-JP TT I-SP TT II-SP

*Duration above four years

15

f Long-term and medium-term contracts in force in 2010* (contd)

Reference Trade Export Seller Import Buyer Nominal quantity ACQ 106 t/year
1.13 1 1.63 0.34 0.8 2.2 2.5 1.50 0.58 0.75 4.30 6.01 0.7 7.4 0.50 0.45 0.39

Duration

Type of contract

Comments

TT-SP " TT-US 1 TT-US 2 TT-US 3 TT-US 4 TT-US " " TT-DR AE-JP BR-JP BR-KR MY-JP 1 MY-JP 2 MY-JP 3 MY-JP 6

T&T-Spain " T&T-U.S.A. " " " " " " T&T-Dominican Republic Abu Dhabi-Japan Brunei-Japan Brunei-Korea Malaysia-Japan " " "

Point Fortin " Point Fortin " " " " " " Point Fortin Das Island Lumut Lumut Bintulu " " "

Atlantic 2/3 " Atlantic LNG of T&T Atlantic LNG 2/3 " Atlantic LNG " Atlantic LNG 4 Atlantic LNG 2/3 BP Adgas Brunei LNG Brunei LNG Malaysia LNG " " "

Cartagena/BBE Spain Everett/Penuelas " U.S.A., Other Elba Island, GA Lake Charles, LA U.S.A., Other

Repsol GdE GDF SUEZ NA " BP Gas Marketing BG BP BG NGC

2006/2023 2003/2023 1999/2018 2000/2020 2002/2021 2004/2024 2006/2025 2005/2026 2006/2026 2003/2023 1994/2019 1993/2013 1997/2013 1983/2003 1996/2016 " 1993/2013

D.E.S. F.O.B. F.O.B. " " " " " " D.E.S. F.O.B. F.O.B. F.O.B. F.O.B./D.E.S. D.E.S. " " Extension 2028 Extension 2018

Punta Caucedo Higashi-Ohgishima, Futtsu Sodegaura, Negishi, Senboku, Futtsu, Higashi-Ohgishima Pyeong-Taek, In-Chon or Tong-Yeong Sodegaura, Higashi-Ohgishima, Futtsu, Negishi Niigata Sodeshi Fukuoka, Nagasaki Sodegaura, Negishi, Senboku, Himeji, Sakai, Chita, Ohgishima Shin-Minato Niigata Sodegaura, Negishi, Ohgishima, Chita, Senboku, Himeji Hatsukaichi Niigata Chita Sakaide Pyeong-Taek, In-Chon, Tong-Yeong " " Shanghai LNG Yung-An Senboku, Himeji, Chita, Tobata, Ohita, Sakai, Kawagoe, Yokkaichi Chita-Senboku, Himeji, Sakai, Yokkaichi, Kawagoe Senboku, Himeji, Sodegaura, Chita, Ohgishima Hatsukaichi, Kagoshima, Senboku, Himeji Gwangyang " " "

AES Tokyo Electric Tokyo Gas, Osaka Gas, Tokyo Electric Kogas Tokyo Gas, Tokyo Electric Tohoku Electric Shizuoka Gas Saibu Gas Tokyo Gas, Osaka Gas, Kansai Electric, Toho Gas Gas Bureau, City of Sendai Japan Petroleum, Explorat Co Ltd Tokyo Gas, Toho Gas, Osaka Gas Hiroshima Gas Tohoku Electric Toho Gas Shikoku Electric Kogas " " Shanghai LNG Co. C.P.C. Kansai Electric, Chubu Electric, Kyushu Electric, Osaka Gas, Toho Gas, Nippon Steel Chubu Electric, Kansai Electric, Osaka Gas, Toho Gas Osaka Gas, Tokyo Gas, Toho Gas Hiroshima Gas, Nippon Gas, Osaka Gas KOGAS " Posco K-Power

MY-JP 8

"

"

"

2.1

1995/2015

"

MY-JP 9 MY-JP 10

" "

" "

" Malaysia LNG TIGA

0.15 0.48

1997/2016 2002/2021

" "

MY-JP 11

"

"

"

0.68

2004/2024

"

MY-JP 12 MY-JP 13 MY-JP 14 MY-JP 15 MY-KR 1 MY-KR 2 MY-KR 3 MY-CN MY-TW

" " " " Malaysia-Korea " " Malaysia-China Malaysia-Taiwan

" " " " Bintulu " " Bintulu Bintulu

" " " Malaysia LNG Malaysia LNG Dua Malaysia LNG TIGA " Malaysia LNG TIGA Malaysia LNG Dua

0.0080.016 0.032 0.5 0.52 0.36 2 1.5 1.5 3.0 2.25

2005/2012 2005/2025 2007/2027 2010/2025 1995/2015 2003/2010 2008/2028 2009/2029 1995/2015

D.E.S. F.O.B. " D.E.S. " F.O.B. D.E.S. " D.E.S. D.E.S.

ID-JP 1

Indonesia-Japan

Bontang

Pertamina

8.45

1977/2000

D.E.S.

Extension 2010

ID-JP 2

"

"

"

3.52

1983/2003

"

Extension 2011

ID-JP 3

"

"

"

2.31

1994/2013

"

ID-JP 4 ID-KR 2 ID-KR 3 ID-KR 4 ID-KR 5

" Indonesia-Korea " " "

" B L-Bontang Bontang Tanah Merah "

" Pertamina " Tangguh PSC Contractor Parties Tangguh PSC Contractor Parties

0.39 2 1 0.55 0.6

1996/2015 1994/2014 1998/2017 2005/2024 2006/2026

" F.O.B. " D.E.S. " *Duration above four years

16

Reference

Trade

Export

Seller

Import

Buyer

Nominal quantity ACQ 106 t/year

3.7 2.6 1.57 1.84 2.05 3.4 2 4.6 7.5 4

Duration

Type of contract

Comments

ID-MX1 ID-CN ID-TW 1 ID-TW 2 Q-B " Q-CN Q-I Q- IN Q-JP 1

Indonesia-Mexico Indonesia-China Indonesia-Taiwan " Qatar-Belgium " Qatar-China Qatar-Italy Qatar-India Qatar-Japan

Tanah Merah

Bontang " Ras Laffan " Ras Laffan Ras Laffan Ras Laffan Ras Laffan

Tangguh PSC Contractor Parties Tangguh PSC Contractor Parties Pertamina " RasGas RasGas II Qatargas RasGas RasGas Qatargas

Energia Costa Azul Fujian Yung-An " Zeebrugge " China Rovigo Dahej Chita/Kawagoe, Yokkaichi Niigata, Ohgishima, Senboku, Himeji, Sakai, Sodegaura, Futtsu, Chita, Yanai, Mizushima, Higashi-Ohgishima Pyeong-Taek, In-Chon, Tong-Yeong " Ba.H.Cart. " Ba.H.Cart.Sag. Barcelona EU Taichung South Hook " " Sabine Pass Altamira Fos Cavaou Senboku, Himeji Yanai, Mizushima U.S.A./Futtsu Senboku, Himeji Pyeong-Taek, In-Chon, Tong-Yeong Spain, Other Spanish terminals

Sempra LNG CNOOC C.P.C. " Distrigas EDF Trading CNOOC Edison Petronet LNG Chubu Electric Tohoku Electric, Tokyo Gas, Osaka Gas, Kansai Electric, Tokyo Electric, Toho Gas, Chugoku Electric Kogas " Gas Natural Fenosa " " ENI Endesa Gas Natural Fenosa C.P.C. ExxonMobil " Total Total Total Total Osaka Gas Itochu Corp., Chugoku Electric Mitsubishi Corp., Tokyo Electric Osaka Gas Kogas BPGM Union Fenosa Gas

2008/2029 2009/2033 1990/2009 1998/2017 2007/2027 2007/2012 2009/2028 2009/2034 2004/2028 1997/2021

D.E.S. F.O.B. F.O.B. " F.O.B. D.E.S. D.E.S. D.E.S. F.O.B. F.O.B.

Q-JP 2

"

"

"

1998/2021

D.E.S.

Q-KR 1 Q-KR 2 Q-SP " " " " Q-UE Q-TW Q-UK " " Q-US Q-Mex Q- France OM-JP 1 OM-JP 2 OM-JP 3 OM-JP 4 OM-KR 1 OM-SP "

Qatar-Korea " Qatar-Spain " " " " Qatar-EU Qatar-Taiwan Qatar-UK " " Qatar-US Qatar-Mexique Qatar-France Oman-Japan " Oman-Japan/U.S.A. Oman-Japan Oman-Korea Oman-Spain "

Ras Laffan " Ras Laffan " " " " Ras Laffan Ras Laffan Ras Laffan " " Ras Laffan Ras Laffan Ras Laffan Qalhat " " " Qalhat Qalhat

RasGas RasGas III Qatargas " " RasGas RasGas II Qatargas RasGas II Qatargas II TB " " Qatargas II TB Qatargas II TB Qatargas II TB Oman LNG " " Qalhat LNG Qalhat LNG Qalhat LNG " Woodside, Japan Australia LNG, Shell Development Australia, BHP Billiton Petroleum, BP International, Chevron Oil Trading, CNOOC Woodside, Japan Australia LNG, Shell Development Australia, BHP Billiton Petroleum, BP Development Australia, Chevron Australia " " " " " "

4.92 2.1 0.66 " 0.75 " 0.74 0.75 3.08 7.6 0.8 1.50 1.15 0.70 1.85 0.66 0.77 0.8 " 4.06 0.77 1.65

1999/2024 2007/2026 2001/2009 2002/2007 2005/2025 2004/2023 2005/2025 2006/2025 2008/2032 2009/2034 2009/2033 2009/2034 2009/2034 2009/2021 2009/2034 2000/2024 2006/2020 " 2009/2026 2000/2024 2004/2009 2006/2025

F.O.B. D.E.S. ? C.I.F. " ? F.O.B. " " F.O.B. F.O.B. D.E.S. " " C.I.F. D.E.S. D.E.S. F.O.B. F.O.B. F.O.B./D.E.S. F.O.B. F.O.B. D.E.S. " Extension 2012 "

AU-CN

Australia-China

Withnell Bay

Dapeng, Shenzhen

Petrochina

3.3

2006/2031

F.O.B.

AU-JP 1 AU-JP 2 AU-JP 3 AU-JP 4 AU-JP 5 AU-JP 6 AU-JP 7 AU-JP 8 AU-JP 9

Australia-Japan " " " " " " " "

Withnell Bay " " " " " " " "

Yanai, Mizushima Oita, Tobata Chita, Kawagoe, Yokkaichi Himeji, Sakai Sodegaura, Futtsu, Higashi-Ohgishima Chita Sodegaura, Negishi, Ohgishima Senboku, Himeji Sodegaura, Negishi, Ohgishima, Chita

Chugoku Electric Kyushu Electric Chubu Electric Kansai Electric Tokyo Electric Toho Gas " Osaka Gas Tokyo Gas, Toho Gas

1.43 0.7 0.5 0.4 0.3 0.76 0.5 " 1.37

2009/2021 2009/2017 2009/2016 2009/2017 " 2009/2019 2009/2017 2009/2015 2004/2029

D.E.S. F.O.B. D.E.S. " " " " " F.O.B.

*Duration above four years

17

f Long-term and medium-term contracts in force in 2010* (contd)

Reference Trade Export Seller Import Buyer Nominal quantity ACQ 106 t/year
1.00 0.13 0.4 0.5 0.6 0.5 2 1

Duration

Type of contract

Comments

AU-JP 10 AU-JP 11 AU-JP 12 AU-JP 13 AU-JP 14 AU-JP 15 AU-JP 16

Australia-Japan " " " " " "

Withnell Bay " " " " " Darwin

Woodside, Japan Australia LNG, Shell Development Australia, BHP Billiton Petroleum, BP Development Australia, Chevron Australia " Conocophillips, ENI, Santos, Inpex,TTSR Woodside, Japan Australia LNG, Shell Development Australia, BHP Billiton Petroleum, BP International, Chevron Oil Trading Sakhalin Energy Investment " " " " " " " Sakhalin Energy Sakhalin Energy Yemen LNG " Yemen LNG BG BG Total Gas and Power

Himeji, Senboku Sodeshi Niigata Oita, Tobata Chita, Kawagoe, Yokkaichi Himeji, Sakai Futtsu, Sodegaura, Negishi, Ohgishima, Higashi-Ohgishima

Osaka Gas Shizuoka Gas Tohoku Electric Kyushu Electric Chubu Electric Kansai Electric Tokyo Electric, Tokyo Gas

2004/2033 2004/2029 2005/2020 2006/2021 2009/2029 2009/2015 2006/2022

F.O.B. " " D.E.S. " " F.O.B.

AU-KR

Australia-Korea

Withnell Bay

In-Chon, Tong-Yeong

Kogas

0.5

2003/2016

D.E.S.

Ru-JP 1 Ru-JP 2 Ru-JP 3 Ru-JP 4 Ru-JP 5 Ru-JP 6 Ru-JP 7 Ru-JP 8 Ru-KR Ru-Mex Y-US " Y-KR Ptf-KR Ptf-CL Ptf-CN

Russia-Japan " " " " " " " Russia-Korea Russia-Mexico Yemen-US " Yemen-Korea Portfolio-Korea Portfolio-Chile Portfolio-China

Prigorodnoye " " " " " " " Sakhalin Sakhalin Balhaf " Balhaf Portfolio including Equatorial Guinea BG Portfolio Total Portfolio

Futtsu, Sodegaura, Higashi-Ohgishima Sodegaura, Negishi, Ohgishima Hatsukaichi Senboku, Himeji Oita, Tobata Chita Niigata Fukuoka, Nagasaki Pyeong-Taek, In-Chon, Tong-Yeong Energia Costa Azul Sabine Pass Gulf of Mexico Pyeong-Taek, In-Chon, Tong-Yeong Pyeong-Taek, In-Chon, Tong-Yeong Quintero China

Tokyo Electric Tokyo Gas Hiroshima Gas Osaka Gas Kyushu Electric Toho Gas Tohoku Electric Saibu Gas Kogas Gazprom, Global LNG TGPL GDF SUEZ Kogas Kogas Quintero LNG, Chile CNOOC

1.5 1.1 0.21 0.2 0.5 " 0.42 0.008 1.5 1.6 2 2.55 2 1.3 1.7 1

2007/2029 2007/2031 2008/2028 2008/2031 2009/2031 2009/2033 2010/2029 2010/2028 2008/2028 2009/2028 2009/2029 " 2008/2028 2008/2016 2009/2030 2010/2024

F.O.B. " " " D.E.S. " F.O.B. " F.O.B. D.E.S. D.E.S. " F.O.B. D.E.S. D.E.S. D.E.S. *Duration above four years

18

g Spot & short-term quantities (103 liquid m3) received in 2010

by the importing countries from the exporting countries
Algeria Belgium
Belgium France Greece Italy Portugal Spain Turkey The U.K. Europe Argentina Brazil Chile Mexico Puerto Rico Canada The U.S.A. Americas China India Japan Korea Taiwan Asia Kuwait Dubai Middle East Total Export *Re-exports. (844)* 101 465 386 756 610 2 316 127 149 (569) 140 294 259

Egypt
140 75 143 1 674 443 2 475

Equat. Guin.

Nigeria
275 246

Norway
140 125 140

Peru
140

Trinidad & Tobago

396 75 530 269 236 388 1 769 3 662 2 702 1 383 223 133 1 026 2 818 8 284 1 013 265 1 389 610 3 277 489 489

Abu Dhabi

Oman

Qatar
1 329 2 416 446 131 1 784 2 998 4 354 13 458 250 1 108

Yemen Australia

U.S.A. Indonesia Malaysia Russia

Total Import
1 179 3 444 665 1 801 399 8 804 5 122 8 520 29 935 2 952 4 688 689 502 133 1 450 6 519 16 933 2 408 3 505 15 908 12 142 5 759 39 721 4 405 330 4 735 91 324

160

50 157 3 133 130 256 4 040 1 452

207 147

652 405 1 413 2 875

252 428 840

191 301 491 147

140 257 243

54

172

140

777 1 330 139 842 942 284 2 206 700 700 6 711

288

130 146 276 153 153

147 138 281 939 554 1 912 443 443 2 710

288

538 1 990 146 522 1 155 1 976 1 306 5 104 132 132 11 266

1 204 1 204

743 1 242

54 139 572 410 555 1 676 387 387 2 117 422 1 109 554 2 085 1 445 1 445 3 530

424 1 470 3 252 1 229 3 850 1 232 137 6 448 330 330 23 488

262 122 384

137 137

294 466 715 320 269 694 1 999 145 145 3 450

(1 324)* (1 177) 289 986 665 806 2 746 1 480 555 2 035 135 242 566 943 802 799 136 1 737 374 374 2 746 1 349 943 2 111 845 3 667 1 261 695 6 469 136 136 6 605

2 604

4 463

1 520

15 712

f Spot & short-term LNG imports over the last ten years (103 m3 liq)
100 000 90 000 80 000

Americas Asia Europe Total

Thousand m3 of LNG

70 000 60 000 50 000 40 000 30 000 20 000 10 000 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

f Spot & short-term LNG exports over the last ten years (103 m3 liq)
100 000

Americas Australasia Middle-East / Africa / Europe Total Thousand m3 of LNG

90 000 80 000 70 000 60 000 50 000 40 000 30 000 20 000 10 000 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

19

g Sea transportation routes

Reference
Az-Bn Az-H Az-P Ba-Al Ba-Bn Ba-Bo Ba-Ca Ba-FC Ba-F Ba-H Ba-IG Ba-ME Ba-M Ba-Qr Ba-Rg Ba-Rv Ba-So Ba-Sa Sk-Bn Sk-Ca Sk-F Sk-H Sk-P Sk-RV Da-At Da-Bn Da-CP Da-Dj Da-H Da-Ro Da-So Da-Ta Da-TY Da-Yg Da-Z Ik-Al Ik-Bn Ik-Ca Ik-Dj Ik-EI Ik- E Ik-FC Ik--GG Ik-Hj Ik- H Ik-IC Ik-IG Ik-LC Ik-Og Ik-Mj Ik-MA Ik-M Ik--NG Ik-PT Ik- RV Ik-Ro Ik-So Ik-Sa Ik-Tb Ik-Z Bk-Dj Bk-Fj Bk-GB Bk-Hj Bk-IC Bk-MA Bk-Ni Bk-Nt Bk-Og Bk-Ot Bk-Pc Bk-PT Bk-Qr Bk-RV Bk-Ro Bk-Sa Bk-Sb Bk-Ta Bk-Tb Bk-TY Bk-Yg BI-Al BI-At BI-Bn BI-Bo BI-Ca BI-Ch BI-Dj BI-Dg BI-Dn BI-Fu BI-GB BI-Ha BI-HO BI-Hj BI-H BI -IC BI-Kw BI-LC BI-ME BI-MA

Contracts
DZ-SP DZ-SP DZ-I DZ-TR2 DZ-SP 1/2/3 DZ-SP 1 DZ-SP 1/2/3 DZ-F DZ-F 3 DZ-SP 1/2/3 DZ-UK DZ-TR 1 DZ-F 3 DZ-CL DZ-SP DZ-GR DZ-SP DZ-JP DZ-SP DZ-SP DZ-F 2 DZ-SP DZ-I 2/3 DZ-GR EG-MEX EG-SP EG-US EG-IN EG-SP EG-I EG-SP EG-TW EG-KR EG-TW EG-B EG-TR EG-SP EG-SP EG-IN EG-US EG-US EG-F EG-US EG-JP EG- SP EG-KR EG-UK EG-US EG-JP EG-CL EG-KW EG-F EG-US EG-KR EG-GR EG-I EG-SP EG-JP EG-JP EG-B EqG-IN EqG-CN EqG-BR EqG-JP EqG-KR EqG-KW EqG-JP EqG-JP EqG-JP EqG-JP EqG-BR EqG-KR EqG-CL EqG-GR EqG-I EqG-JP EqG-JP EqG-TW EqG-JP EqG-KR EqG-TW NIG-TR NIG-MEX NIG-SP NIG-SP NIG-SP NIG-JP NIG-IN NIG-CN NIG-UK NIG-JP NIG-BR NIG-IN NIG-JP NIG-JP NIG-SP NIG- KR NIG-JP NIG-US NIG-TR NIG-KW

Export
Arzew Arzew Arzew Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Bethioua Skikda Skikda Skikda Skikda Skikda Skikda Damietta Damietta Damietta Damietta Damietta Damietta Damietta Damietta Damietta Damietta Damietta Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Idku Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bioko Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island

Import
Barcelona Huelva Panigaglia Aliaga Barcelona Bilbao Cartagena Fos Cavaou Fos Tonkin Huelva Isle of Grain Marmara Ereglisi Montoir Quintero Reganosa Revithoussa Sagunto Sakai Barcelona Cartagena Fos Tonkin Huelva Panigaglia Revithoussa Altamira Barcelona Cove Point Dahej Huelva Rovigo Sagunto Taichung Tong-Yeong Yung-An Zeebrugge Aliaga Barcelona Cartagena Dahej Elba Island Everett Fos Cavaou Gulf Gateway Himeji Huelva In-Chon Isle of Grain Lake Charles Oghishima Meijilones Mina Al Ahmadi Montoir North East Gateway Pyeong-Taek Revithoussa Rovigo Sagunto Sakai Tobata Zeebrugge Dahej Fujian Guanabara Bay Himeji In-Chon Mina Al Ahmadi Negishi Niigata Ohgishima Oita Pecem Pyeong-Taek Quintero Revithoussa Rovigo Sakai Senboku Taichung Tobata Tong-Yeong Yung-An Aliaga Altamira Barcelona Bilbao Cartagena Chita Dahej Dapeng, Shenzhen Dragon Futtsu Guanabara Bay Hazira Higashi-Ohgishima Himeji Huelva In-Chon Kawagoe Lake Charles Marmara Ereglisi Mina Al Ahmadi

Miles
343 691 684 1 404 343 1118 113 520 530 373 1 675 1 500 1 260 7 240 945 1 270 243 9 491 351 388 400 716 456 920 6 733 1 554 5 291 3 142 1 984 1 299 1 645 7 132 7 617 6 715 3 259 603 1 491 1 595 3 273 5 495 4 867 1 430 6 495 7 911 1 920 7 768 3 232 6 514 8 002 10439 3414 2 771 4 852 7 764 540 1 299 1 571 7 907 7 607 3 259 7 127 10 045 3 476 10 781 10 651 7 579 10 955 11 058 10 897 10 616 2 898 10 648 6 752 4 966 5 180 10 758 10 600 10 032 10 591 10 578 9 657 5 042 6 214 3 824 3 914 3 574 10 602 7 136 9 328 4 206 10 914 3 422 7 053 10 972 10 790 3 359 10 390 10 604 6 111 5 059 7 588

Reference
BI-M BI-Pc BI-Fp BI-Rg BI-So BI-Si BI -TY BI-Yg BI-Z Hm-Al Hm-Ba Hm-Ca Hm-Bo Hm-CP Hm-Dn Hm-H Hm-IG Hm-M Hm-Ro Hm-So Hm-TY Hm-Yg Hm-Z MB-Bn MB-Ca MB-H MB-So DI-Gg DI-Fu DI-GB DI-HO DI-IC DI-MA DI-Pc DI-Yg K-Ni K-Sd PF-Al PF- BB PF-Bn PF-Bo PF-Cr PF-Ct PF-Ca PF-Dj PF-CP PF-Dn PF-EI PF-E PF- GB PF-GG PF-Ha PF-H PF-IC PF-IG PF-Mj PF-MA PF-M PF-Pc PF-Pn PF- PC PF-PT PF-Qr PF-Rg PF- RV PF-Ro PF-So PF-Sa PF-Si PF-Ta PF-TY PF-Yg PF-Z Lu-Fu Lu-HO Lu-Hj Lu-IC Lu-Ni Lu-PT Lu-Sb Lu-Sd Lu-TY Bu-Ch Bu-Fk Bu-Fu Bu-HO Bu-Hj Bu-IC Bu-MA Bu-Nk Bu-Ni Bu-Nt Bu-Og Bu-PT Bu-Sa Bu-Sb Bu-St Bu-SG Bu-Sd Bu-Sh Bu-SM

Contracts
NIG-F NIG-BR NIG-US NIG-SP NIG-SP NIG-P NIG- KR NIG-TW NIG-B NO-TR NO-SP NO-SP NO-SP NO-US NO-UK NO-SP NO-UK NO-F NO-I NO-SP NO-KR NO-TW NO-B LY-SP LY-SP LY-SP LY-SP AE-CN AE-JP AE-BR AE-JP AE-KR AE-KW AE-BR AE-TW US-JP US-JP TT-TR TT-ARG TT-SP TT-SP TT-US TT-Ca TT-SP TT-IN TT-US TT-UK TT-US TT-US TT-BR TT-US TT-IN TT-SP TT-KR TT-UK TT-CL TT-KW TT-F TT-BR TT-PR TT- DR TT- KR TT-CL TT-SP TT-GR TT-I TT-SP TT-JP TT-P TT-TW TT-KR TT-TW TT-B BR-JP BR-JP BR-JP Br-KR BR-JP BR-KR BR-JP BR-JP BR-KR MY-JP 8 MY-JP 6 MY-JP 1 MY-JP 1 MY-JP MY-KR MY-KW MY-JP 6 MY-JP 1/8 MY-JP 2 MY-JP 1/8 MY-KR MY-JP 8 MY-JP 8 MY-CN MY-CN MY-JP 1/8 MY-JP 3 MY-JP 9

Export
Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Bonny Island Hammerfest Hammerfest Hammerfest Hammerfest Hammerfest Hammerfest Hammerfest Hammerfest Hammerfest Hammerfest Hammerfest Hammerfest Hammerfest Hammerfest Marsa-el-Brega Marsa-el-Brega Marsa-el-Brega Marsa-el-Brega Das Island Das Island Das Island Das Island Das Island Das Island Das Island Das Island Kenai Kenai Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Point Fortin Lumut Lumut Lumut Lumut Lumut Lumut Lumut Lumut Lumut Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu Bintulu

Import
Montoir Pecem Port Freeport Reganosa Sagunto Sines Tong-Yeong Yung-An Zeebrugge Aliaga Barcelona Cartagena Bilbao Cove Point Dragon Huelva Isle of Grain Montoir Rovigo Sagunto Tong-Yeong Yung-An Zeebrugge Barcelona Cartagena Huelva Sagunto Dapeng, Shenzhen Futtsu Guanabara Bay Higashi-Ohgishima In-Chon Mina Al Ahmadi Pecem Yung-An Negishi Sodegaura Aliaga Bahia Blanca Barcelona Bilbao Cameron Canaport Cartagena Dahej Cove Point Dragon Elba Island Everett Guanabara Bay Gulf Gateway Hazira Huelva In-Chon Isle of Grain Meijilones Mina Al Ahmadi Montoir Pecem Penuelas Punta Caucedo Pyeong-Taek Quintero Reganosa Revithoussa Rovigo Sagunto Sakai Sines Taichung Tong-Yeong Yung-An Zeebrugge Futtsu Higashi-Ohgishima Himeji In-Chon Negishi Pyeong-Taek Senboku Sodegaura Tong-Yeong Chita Fukuoka Futtsu Higashi-Ohgishima Himeji In-Chon Mina Al Ahmadi Nagasaki Negishi Niigata Ohgishima Pyeong-Taek Sakai Senboku Shanghai Mengtougou Shanghai Sodegaura Sodeshi Shin-Minato

Miles
3 980 2 811 6 227 3 746 3 686 3 417 10 354 9 440 4 424 4 287 3 155 2 885 2 045 3 975 1 599 2 594 1 423 1 889 4 196 3 065 12 140 11 238 1 455 1 068 1 175 1 496 1139 5 044 6 290 8 132 6 310 6 172 390 8 601 5 204 3 290 3 300 5 100 4 628 3 976 3 669 2 201 2 150 3 701 8 463 1 879 3 734 1 690 2 032 3 245 2 133 8 428 3 417 9 685 4 064 7 596 10 541 1 618 1 732 560 679 9 685 7 051 3 452 4 965 5 180 3 858 13 721 3 315 12 453 9 303 10 174 3 985 2 390 2 423 2 999 2850 2 416 2 850 2 405 2 430 2 014 2 395 2 160 2 505 2 530 2 400 2 124 4 479 2 151 2 513 2 511 2 530 2 124 2 376 2 376 1 942 1 942 2 515 2 378 2 603

20

Reference
Bu-TY Bu-Yg Bt-Ch Bt-Fj Bt-Hk Bt-Hj Bt-IC Bt-Kg Bt-Kw Bt-Ni Bt-Og Bt-Ot Bt-PT Bt-Sa Bt-Sb Bt-Sd Bt-Sh Bt-Tb Bt-TY Bt-Yk Bt-Yg BL-Fj BL-Fu BL-HO BL-Nt BL-IC BL-PT BL-TY Tg-At Tg-Dg Tg-EC Tg-Fj Tg-Gy Tg-Ta Tg-Yg RL-Al RL-At RL-BB RL-Bn RL-Bo RL-Cr RL-Ct RL-Ca RL-Ch RL-Dj RL-Dg RL-Dn RL-FC RL-Fj RL-Fu RL-GP RL-GB RL-GG RL-Ha RL-HO RL-Hj RL-H RL-IC RL-IG RL-Kw RL-Mn RL-M RL-Ni RL-Nt RL-Og RL-P RL-PT RL-Qr RL-Rg RL-Ro RL-SP RL-So RL-Sa RL-Sb RL-Si RL-Sd RL-Su RL-Ta RL-TY RL-Ya RL-Yg RL-Yk RL-Z Qt-Bn Qt-Ca Qt-Fu Qt-Ha Qt-HO Qt-Hj Qt-IC Qt-Kw Qt-MA Qt-Mz Qt-PT Qt-Sb Qt-TY Qt-Ya Qt-Yg SI-Ch Sl-Dg SI-Fj

Contracts
MY-KR MY-TW ID-JP1/3/8/12 ID-CN ID-JP 9 ID-JP 1/3/8 ID-KR 1/2/7 ID-JP 9 ID-JP 1/3/11 ID-JP 1/3/8 ID-JP 8 ID-JP 1 ID-KR 1/2/7 ID-JP ID-JP 1/3/8 ID-JP 8 ID-JP ID-JP 1 ID-KR 1/2/7 ID-JP 1/3 ID-TW ID-CN ID-JP ID-JP 2 ID-JP 2 ID-KR 1/2/7 ID-KR 1/2/7 ID-KR 1/2/7 ID-MEX ID-CN ID-MEX ID-CN ID-KR ID-TW ID-TW Q-TR Q-MEX Q-ARG Q-SP Q-SP Q-US Q-Ca Q-SP Q-JP 1 Q- IN Q-CN Q-UK Q-F Q-CN Q-JP 1 Q-US Q-BR Q-US Q-IN Q-JP Q-JP 2 Q-SP Q-KR Q-UK Q-JP 1 Q-DU Q-F Q-JP Q-JP 2 Q-JP Q-I Q-KR Q-CL Q-SP Q-I Q-US Q-SP Q-JP Q-JP 2 Q-P Q-JP 2 Q-UK Q-TW Q-KR Q-JP 2 Q-TW Q-JP 1 Q-B Om-SP Om-SP Om-JP3 Om- IN Om-JP Om-JP 1 Om-KR Om-JP Om-KW Om-JP2 Om-KR Om-JP 1 Om-KR Om-JP Om-TW Ru-JP Ru-CN Ru-CN

Export
Bintulu Bintulu Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Bontang (Badak) Blang Lancang (Arun) Blang Lancang (Arun) Blang Lancang (Arun) Blang Lancang (Arun) Blang Lancang (Arun) Blang Lancang (Arun) Blang Lancang (Arun) Tangguh Tangguh Tangguh Tangguh Tangguh Tangguh Tangguh Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Ras Laffan Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Qalhat Sakhalin II Sakhalin II Sakhalin II

Import
Tong-Yeong Yung-An Chita Fujian Hatsukaichi Himeji In-Chon Kagoshima Kawagoe Negishi Ohgishima Oita Pyeong-Taek Sakai Senboku 2 Sodegaura Sodeshi Tobata Tong-Yeong Yokkaichi Yung-An Fujian Futtsu Higashi-Ohgishima Niigata In-Chon Pyeong-Taek Tong-Yeong Altamira Dapeng, Shenzhen Energia Costa Azul Fujian Gwangyang Taichung Yung-An Aliaga Altamira Bahia Blanca Barcelona Bilbao Cameron Canaport Cartagena Chita Dahej Dapeng, Shenzhen Dragon Fos Cavaou Fujian Futtsu Golden Pass Guanabara Bay Gulf Gateway Hazira Higashi-Ohgishima Himeji Huelva In-Chon Isle of Grain Kawagoe Mina Jebel Ali Montoir Negishi Niigata Oghishima Panigaglia Pyeong-Taek Quintero Reganosa Rovigo Sabine Pass Sagunto Sakai Senboku Sines Sodegaura South Hook Taichung Tong-Yeong Yanai Yung-An Yokkaichi Zeebrugge Barcelona Cartagena Futtsu Hazira Higashi-Ohgishima Himeji In-Chon Kawagoe Mina Al Ahmadi Mizushima Pyeong-Taek Senboku Tong-Yeong Yanai Yung-An Chita Dapeng, Shenzhen Fujian

Miles
1 674 1 350 2 500 1 856 2 412 2 400 2 493 2 211 2 510 2 573 2 560 2 413 2 493 2 385 2 385 2 566 6 465 2 370 2 043 2 510 1 455 2 489 3 504 3 456 3 496 3 149 3 149 2 699 14 262 2 129 6 850 2 227 2 548 2 204 1 972 3 722 9 922 8 630 4 710 5 925 9 680 8 007 4 817 6 446 1 290 5 098 6 184 4 684 5 625 6 508 9 824 8 197 9 691 1 236 6 544 6 350 5 134 6 156 6 428 6 448 231 6 015 6 615 6 640 6 513 4 774 6 156 10 040 5 689 4 438 9 796 4 719 6 347 6 347 5 291 6 576 6 137 5 229 5 706 6 170 5 230 6 448 6 277 4 159 4 260 5 985 760 5 981 5 838 5 750 5 834 794 5 873 5 750 5 812 5 300 5 700 4 719 1 085 2 244 2 063

Reference
SI-Fu SI-Hk SI-Hj SI-HO SI-IC SI-Kw SI-MA SI-Nk SI-Ni SI-Ni SI-Og SI-Ot SI-PT SI-Sa SI-SG SI-Sd SI-Sh SI-Tb SI-TY Sl-Yg Bf-At Bf-Dg Bf-Fj Bf-Ha Bf-IG Bf-E Bf-Fu Bf- H Bf-Mj Bf-MA Bf-M Bf-PT Bf-SP Bf-So Bf-SG Bf-TY WB-Ch WB-Dg WB-Fj WB-Fu WB-Hj WB-IC WB-Kg WB-Kw WB-Mz WB-Ni WB-Nt WB-Og WB-Ot WB- PT WB-Sa WB-Sb WB-Sd WB-Sh WB- Tb WB-TY WB-Ya WB-Yk WB-Yg Dw-Fu Dw-Ho Dw-Ni Dw-og Dw-Sd Pm-At Pm-Bn Pm-Bo Pm-Ct Pm-Ca Pm-EC Pm-GB Pm-H Pm-IC Pm-Fp Pm-SP Pm-Z

Contracts
Ru-JP Ru-JP Ru-JP Ru-JP Ru-KR Ru-JP Ru-KW Ru-JP Ru-JP Ru-JP Ru-JP Ru-JP Ru-KR Ru-JP Ru-CN Ru-JP Ru-JP Ru-JP Ru-KR Ru-TW Ym-MEX Ym-CN Ym-CN Ym-IN Ym-UK Ym-US Ym-JP Ym-SP Ym-CL Ym-KW Ym-F Ym-KR Ym-US Ym-SP Ym-CN Ym-KR AU-JP AU-CN AU-CN AU-JP AU-JP AU-KR AU-JP AU-JP AU-JP AU-JP AU-JP AU-JP AU-JP AU-KR AU-JP AU-JP AU-JP AU-JP AU-JP Au-KR AU-JP Au-JP AU-TW AU-JP AU-JP AU-JP AU-JP AU-JP Pr-MEX Pr-SP Pr-SP Pr-Ca Pr-SP Pr-MEX Pr-BR Pr-SP Pr-KR Pr-US Pr-US Pr-B

Export
Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Sakhalin II Balhaf Balhaf Bahalf Balhaf Balhaf Balhaf Balhaf Balhaf Balhaf Balhaf Balhaf Balhaf Balhaf Balhaf Balhaf Balhaf Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Withnell Bay Darwin Darwin Darwin Darwin Darwin Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita Pampa Melchorita

Import
Futtsu Hatsukaichi Himeji Higashi-Ohgishima In-Chon Kawagoe Mina Al Ahmadi Nagasaki Negishi Niigata Ohgishima Oita Pyeong-Taek Sakai Shanghai Sodegaura Sodeshi Tobata Tong-Yeong Yung-An Altamira Dapeng, Shenzhen Fujian Hazira Isle of Grain Everett Futtsu Huelva Meijilones Mina Al Ahmadi Montoir Pyeong-Taek Sabine Pass Sagunto Shanghai Tong-Yeong Chita Dapeng, Shenzhen Fujian Futtsu Himeji In-Chon Kagoshima Kawagoe Mizushima Negishi Niigata Ohgishima Oita Pyeong-Taek Sakai Senboku Sodegaura Sodeshi Tobata Tong-Yeong Yanai Yokkaichi Yung-An Futtsu Higashi-Ohgishima Negishi Ohgishima Sodegaura Altamira Barcelona Bilbao Canaport Cartagena Energia Costa Azul Guanabara Bay Huelva In-Chon Port Freeport Sabine Pass Zeebrugge

Miles
1 065 1 105 1 196 1 067 1 763 1 029 7 315 1 120 1 010 581 964 1 061 1 763 1 176 1 444 1 020 934 981 1 363 1 967 8313 5108 5634 1703 4735 6373 6549 3 456 10 020 1 767 4 505 6 025 8 118 3 078 5 720 5 625 3 612 2 770 3 053 3 683 3 596 3 613 3 334 3 622 3 638 3 664 3 995 3 683 3 460 3 613 3 570 3 570 3 692 3 632 3 585 3 526 3 491 3 668 2 715 3 036 3 056 3 017 3 055 3 045 10 298 9 566 9 639 9 631 9 292 3 548 5 096 9 053 9 274 10 236 10 208 10 068

Zeebrugge Zeebrugge Zeebrugge Zeebrugge Zeebrugge Zeebrugge Zeebrugge Port Freeport Port Freeport Port Freeport Sabine Pass Sabine Pass Sabine Pass Sabine Pass Sabine Pass

Inter-Trade Aliaga Bilbao Guanabara Bay Hammerfest Higashi-Ohgishima Mina Al-Ahmadi Pyeong-Taek Higashi-Ohgishima In-Chon Teeside Cartagena Guanabara Bay Isle of Grain In-Chon Sagunto

3037 806 5 219 1 455 11 262 6580 10 948 9 214 4 300

15432 4165

21

Liquefaction plants

Liquefaction Country Site Number of trains Nominal capacity 106 t per year Number of tanks

Storage Total capacity m3 Owner Operator Buyer Start-up date

ATLANTIC BASIN
Arzew GL 4Z 3 0.93 3 33 000 Sonatrach Sonatrach GDF SUEZ, DEPA GDF SUEZ, Botas, ENI Gas & Power, Edison, Shell, Statoil, Endesa, DEPA, CEPSA GDF SUEZ, DEPA, ENI Gas & Power Gas Natural Fenosa, EGAS (BP, BG & Petronas) GDF SUEZ 1964

Arzew GL 1Z Algeria Arzew GL 2Z Skikda - GL 1K

8.19

300 000

Sonatrach

Sonatrach

1978

6 3

7.98 3.13

3 5

300 000 308 000

Sonatrach Sonatrach

Sonatrach Sonatrach

1981 1972

Damietta Egypt Idku

5.00

300 000

SEGAS Egyptian LNG (EGPC, EGAS, BG, GDF SUEZ, Petronas) Marathon, Sonagas, Mitsui, Marubeni Sirte Oil Co. Nigeria LNG (NNPC, Shell, TOTAL, ENI)

SEGAS SERVICES Egyptian LNG (EGPC, EGAS, BG, GDF SUEZ, Petronas) Marathon Sirte Oil Co. Nigeria LNG Ltd

2005

7.20

280 000

2005

Equatorial Guinea Libya

Bioko Island Marsa-el-Brega

1 3 3

3.70 0.60 9.60

2 2

272 000 96 000

BG Gas Marketing Gas Natural Enel, Gas Natural Fenosa, Botas, GDF SUEZ, Ren Atlantico BGLT-BGGM, Shell, Iberdrola, Endesa, Ren Atlantico, TOTAL, ENI Gas & Power Total, Shell Total, StatoilHydro, GDF SUEZ, Iberdrola GDF SUEZ, Gas Natural Fenosa, Repsol, BP, BG, NGC + various spot buyers)

2007 1970
1999-2000

3 Nigeria
Bonny Island

252 600 Nigeria LNG (NNPC, Shell, TOTAL, ENI) Nigeria LNG (NNPC, Shell, TOTAL, ENI) StatoilHydro, Petoro, Total, GDF SUEZ, RWE-DEA, Hess Atlantic LNG (BP, BG, Repsol, GDF SUEZ, NGC) Nigeria LNG Ltd

8.10

2006

4.00

84 200

Nigeria LNG Ltd

2008

Norway

Hammerfest

4.30

250 000

StatoilHydro Atlantic LNG (BP, BG, Repsol, GDF SUEZ, NGC)

2007

Trinidad & Tobago

Point Fortin

15.10

520 000

1999

22

Liquefaction Country Site Number of trains Nominal capacity 106 t per year Number of tanks

Storage Total capacity m3 Owner Operator Buyer Start-up date

MIDDLE-EAST
Abu Dhabi Das Island 3 5.60 3 240 000 Adgas (ADNOC, BP, TOTAL, Mitsui) Oman LNG (Oman gvt, Shell, TOTAL, Korea LNG, Mitsubishi, Mitsui, Partex, Itochu) Qalhat LNG (Oman gvnt, Oman LNG, Itochu, Mitsubishi, Union Fenosa Gas, Osaka Gas) QatarGas (QP, ExxonMobil, TOTAL, Marubeni, Mitsui) QatarGas (QP, ExxonMobil, TOTAL, Marubeni, Mitsui) (Qatar Petroleum, ExxonMobil) (Qatar Petroleum, TOTAL, ExxonLMobil) Qatar Petroleum, Conoco, Mitsui RasGas 1 (QP, ExxonMobil, Kogas, Itochu, Nissho Iwai, LNG Japan) Rasgas 2 (Qatar Petroleum, Exxon Mobil) Rasgas 2 (Qatar Petroleum, Exxon Mobil) Rasgas 2 (Qatar Petroleum, Exxon Mobil) Rasgas 3 (Qatar Petroleum, Exxon Mobil) Rasgas 3 (Qatar Petroleum, Exxon Mobil) Yemen LNG (TOTAL, Kogas, Yemen Gas Co., Hunt Oil Co., SK Corporation, Hyundai, GASSP1) Adgas Tokyo Electric Power 1977

7.10

Oman LNG

Kogas, Itochu, Osaka Gas, BP

2000

Oman

Qalhat

240 000

3.60

Oman LNG

Mitsubishi, Osaka Gas, Union Fenosa Gas

2006

Ras Laffan (Qatargas 1-T1&2)

6.40 4 340 000

Qatargas I

1997-98 (Chubu Elec), 1999 (Osaka Gas, Tokyo Gas, Toho Gas, Tohoku Elec, Kansai Elec, Chugoku Elec, Gas Natural) Tokyo Gas South Hook Gas South Hook, TOTAL Gas & Power Ltd Conoco Philips, Repsol Kogas, Distrigas, ... others (non GIIGNL members) Petronet LNG Endesa, Edison Petronet, EDF, Distrigas, C.P.C.

1999

Ras Laffan (Qatargas 1-T3) Ras Laffan (Qatargas 2-T1) Ras Laffan (Qatargas 2-T2) Ras Laffan (Qatargas 3-T1) Qatar Ras Laffan (RasGas 1- T1&2) Ras Laffan (RasGas 2- T1) Ras Laffan (RasGas 2- T2) Ras Laffan (RasGas 2- T3) Ras Laffan (Rasgas 3 - T1) Ras Laffan (Rasgas 3 - T2)

1 1 1 1

3.10 7.80 7.80 7.80 8 1 160 000

Qatargas I Qatargas II Qatargas II Qatargas III

1999 2009 2009 2010

6.60

RasGas I

1999-2000

1 1 1

4.70 4.70 6 4.70 840 000

RasGas II RasGas II RasGas II

2004 2005 March 2007

7.80

RasGas III

Petronet, KOGAS, Chevron, August 2009 Sempra, Statoil Exxon, Kuwait Oil April 2010

7.80

RasGas III

Yemen

Balhaf - Train 1 & 2

6.70

140 000

Yemen LNG

Kogas, GDF SUEZ, TOTAL Gas & Power Ltd

October 2009 & April 2010

PACIFIC BASIN
NWS LNG JV (Woodside, Shell, BHP, BP Australia, Chevron, Mitsubishi/Mitsui) Tokyo Elec, Chubu Elec, Kansai Elec, Chugoku Elec, Kyushu Elec, Tokyo Gas, Osaka Gas, Shizuoka Gas, Tohoku Elec, Nippon Gas, Kogas, Shell Hazira Gas, DPLNG) Tokyo Elec, Chubu Elec, Kansai Elec, Chugoku Elec, Kyushu Elec, Tokyo Gas, Osaka Gas, Shizuoka Gas, Tohoku Elec, Nippon Gas, Kogas, Shell Hazira Gas, DPLNG) Tokyo Electric, Tokyo Gas

Withnell Bay

12.10

260 000

Woodside

1989

Australia 1 4.30 1 65 000 Woodsie, Shell, BHP, BP, Chevron, Australia Japan LNG (16.67% each) Woodside

2008

Darwin

3.40

188 000

Darwin LNG (ConocoPhillips, ENI, Santos, Inpex, TEPCo, Tokyo Gas)

ConocoPhillips

2006

23

f Liquefaction plants (contd)

Liquefaction Country Site Number of trains Nominal capacity 106 t per year Number of tanks Storage Total capacity m3 Owner Operator Buyer Start-up date

PACIFIC BASIN (CONTD)

Brunei Lumut 5 7.20 3 195 000 Brunei LNG (Brunei gvnt, Shell, Mitsubishi) ConocoPhillips, Marathon Brunei LNG Sdn Bhd Tokyo Gas, Tokyo Electric, Osaka Gas, Kogas (1997) Tokyo Gas, Tokyo Electric Tokyo Electric, Kogas (1986) 1973

U.S.A.

Kenai

1.40

108 000

ConocoPhillips, Marathon PT Arun NGL Co. (Pertamina, ExxonMobil, JILCO)

1969

Blang Lancang Arun Bontang - Badak

3 8

4.75 22.20

508 800

Pertamina

1978-1979

Bontang Badak A & B

Kansai Elec, Chubu Elec, Kyushu Elec, Osaka Gas, Toho Gas, Nippon Steel Co. PT Badak NGL Co. (Pertamina, VICO, TOTAL, JILCO) Kansai Elec, Chubu Elec, Osaka Gas, Toho Gas C.P.C. Tokyo Gas, Osaka Gas, Toho Gas, Hiroshima Gas, Nippon Gas Kogas C.P.C. Posco, K-Power, Sempra LNG, CNOOC Fujian LNG, Tohoku Elec Tokyo Gas, Tokyo Elec, Saibu Gas Tokyo Gas, Osaka Gas, Kansai Elec, Toho Gas, Shizuoka Gas, Tohoku Elec, Gas Bureau (city of Sendai), Saibu Gas, Kogas, C.P.C. Tokyo Gas, Osaka Gas, Toho Gas, Tohoku Elec, Japex, Hiroshima Gas, Kogas, C.P.C.

1977

Bontang Badak C & D Indonesia Badak E

2 6 1 630 000 Pertamina

1983 1990

Badak F

1994

Badak G Badak H

1 1

1998 1998

Tangguh

7.60

340 000

Government of Indonesia

BP

2009

Bintulu MLNG 1 (Satu)

8.10

Malaysia LNG Sdn Bhd (Petronas, Shell, Mitsubishi)

Malaysia LNG Sdn Bhd

1983

Bintulu MLNG 2 (Dua) Malaysia

7.80 6 445 000

Malaysia LNG Dua (Petronas, Shell, Mitsubishi, Sarawak state Gvnt)

Malaysia LNG Dua

1995

Bintulu MLNG 3 (Tiga)

6.80

Malaysia LNG Tiga (Petronas, Shell, Nippon Oil, Diamond Gas, Sarawak state Gvnt) Hunt Oil (50%), Marubeni (10%), Repsol YPF (20%), SK Corp (20%)

Malaysia LNG Tiga

2003

Peru

Peru LNG

4,45

260 000

Hunt Oil

Repsol YPF

2010

Russia

Sakhalin 2

9.55

200 000

Sakhalin Energy Invest Co. (Gazprom, Shell, Mitsui, Mitsubishi)

Sakhalin Energy Invest Company

Gazprom Global LNG, Shell Eastern Trading, Kogas, Chubu Elec, Hiroshima Gas, Kyushu Elec, Osaka Gas, Saibu Gas, Toho Gas, Tohoku Elec, Tokyo Elec, Tokyo Gas

2009

TOTAL

94

269.58

91

9 155 600

24

Regasication terminals

Storage Country Site Number of tanks

3 3

Send out Number of vaporizers (*)

15 11

Total capacity in cm (liq)

150 000 360 000

Nominal capacity in NG bcm/y

5.50 10.00

Owner

Operator

T.P.A.

Source of import

Start-up date
1972 1980 2009

Fos-sur-Mer Montoir-de-Bretagne France Fos-Cavaou

Elengy Elengy

Elengy Elengy

Yes Yes

Algeria, Egypt Algeria, Egypt, Nigeria, Norway, Qatar, T&T, Yemen

330 000

8.25

Socit du Terminal Mthanier de Fos-Cavaou

Elengy

Yes

Algeria, Egypt, Qatar

(commercial operation from April 2010)

Barcelona

540 000

13

17.08

Enagas S.A.

Enagas S.A.

"

Algeria, Libya, Qatar, Nigeria, T&T, Egypt, Norway, Oman Algeria, Libya, Norway, Oman, Yemen, T&T, Nigeria, Qatar, Egypt Algeria, Libya, Qatar, Oman, Nigeria, T&T, Egypt, Norway Algeria, Egypt, Nigeria, Norway, T&T, Qatar, Oman

1969

Huelva

460 000

11.83

Enagas S.A.

Enagas S.A.

"

1988

Cartagena

437 000

11.80

Enagas S.A. Enagas, Repsol, Deutzche Bank, EVE Gas Natural Fenosa, Endesa, Xunta Galicia, Sonatrach, Tojeiro Group, Galicia Government, Caixa Galicia, Pastor, Caixanova Gas Natural Fenosa, RREEF Alternative Investments, Endesa, Oman Oil Holding Spain GNL Italia S.p.A.*** Adriatic LNG Fluxys LNG Botas Egegaz Depa S.A. Ren Atlantico

Enagas S.A. Bahia de Bizkaia Gas, SL (BBG)

"

1989

Bilbao Spain

300 000

7.00

"

2003

Mugardos

300 000

3.60

Reganosa

Regulated T.P.A.

Algeria, Nigeria, T&T, Oman, Qatar

2007

Sagunto

450 000

8.76

Saggas

Regulated T.P.A. Yes Yes (20%) Yes No No No Yes

Algeria, Libya, Qatar, T&T, Nigeria, Oman, Egypt Algeria, Qatar Qatar Qatar, Egypt, Norway, T&T, Nigeria Algeria, Nigeria Algeria Algeria Nigeria, T&T, Equatorial Guinea

2006

Italy Belgium Turkey Greece Portugal

Panigaglia Rovigo (Atlantic LNG) Zeebrugge Marmara Ereglisi Aliaga/Izmir Revithoussa Sines

100 000

4 5

3.32 8.00 9.00 6.20 6.00 5.00 5.20

GNL Italia S.p.A.*** Adriatic LNG Fluxys LNG Botas Egegaz Depa S.A. Ren Atlantico

1969 2009 1987 1994 2006 2000 2004

4 3 2 2 2

380 000 255 000 280 000 130 000 240 000

11 7 5 6 5

*Not including back-up capacity

**Floating Storage Regasification Unit - FSRU

***GNL Italia is a wholly-owned subsidiary of Snam Rete Gas

25

f Regasification terminals (contd)

Storage Country Site Number of tanks
8 1 2 5

Send out Number of vaporizers (*)

14

Total capacity in cm (liq)

1 000 000 138 000 320 000 775 000

Nominal capacity in NG bcm/y

19.50 4.60

Owner

Operator

T.P.A.

Source of import

Start-up date
2005 2007 2009 2009

Isle of Grain Teesside United-Kingdom Dragon South Hook

National Grid Excelerate Energy BG Group, Petronas, 4Gas Qatar Petr. LNG Services (QP), Exxon Mobil Qatargas Tml Co Lmtd, ELF Petr. UK Lmtd (TOTAL) Repsol Energy Canada Ltd (74.25%), Irving Canaport LP Co. Lmtd (24,75%), Repsol Canada Ltd (0,75%), Irving Canaport GP Co. (0,25%) Distrigas of Mass Co.

Grain LNG

Yes (but no RTPA) No Yes

Algeria, Egypt, Qatar, T&T, Norway, Australia T&T (Various) Qatar

6 15

6.00 21.00

Dragon LNG South Hook LNG Terminal Company Ltd

Canada

Canaport LNG

160 000

10.00

Repsol Canada Ltd

Yes (but no RTPA)

T&T, Qatar

2009

Everett

155 000

6.90

GDF SUEZ LNG North America

Yes

T&T

1971 1982,
Infrastructure enhancement project completed

Lake Charles

425 000

14

24.30

Trunkline LNG

Trunkline LNG

Yes

Nigeria, Egypt

March 2010 1978,

restarted

2001, Elba Island 5 535 000 11 16.30 Southern LNG El Paso Yes T&T, Egypt
expanded

2006,
expanded

2010 U.S.A. Cove Point 5 380 000 10 10.74 Dominion Cove Point LNG Dominion Cove Point LNG Excelerate Energy Excelerate Energy Cheniere Energy QP (70%) Exxon (17,6%), Conoco Philips (12,4%) Freeport LNG Development, L.P. Sempra GDF SUEZ NA AES Andres Terminal de LNG de Altamira (50% Shell, 25% Total, 25% Mitsui) Energia Costa Azul (100% Sempra LNG) EcoElectrica Repsol YPF Petrobras Petrobras GNL Quintero S.A. GNLM Dubai Supply Authorities (DUSUP) KNPC GDLNG Fujian LNG (CNOOC 60%, Fujian NV & Dev.Corp. 40%) Shanghai LNG (CNOOC 45%, Shenergy Group Ltd 55%) Shanghai Gas Group Cheniere Energy Golden Pass LNG Freeport LNG Development, L.P. Sempra GDF SUEZ NA AES Andres Terminal de LNG de Altamira Energia Costa Azul EcoElectrica YPF Transpetro Transpetro GNL Quintero S.A. GNLM Dubai Supply Authorities (DUSUP) Excelerate Energy, KNPC GDLNG No No No Yes No
No

Dominion Cove Point LNG Dominion Cove Point LNG

Shell, BP, Statoil, Peakers 1/4 each StatoilHydro

1978, T&T, Egypt

restarted

2003 Norway T&T T&T 2008 2005 2008 2008 2010 2008 2009 2010 T&T Nigeria, Egypt, Qatar, T&T 2003 August 2006 May 2008 2000 June 2008 2009 2009 2009 April 2010
(phase I)

Cove Point Expansion Gulf Gateway Northeast Gateway Sabine Pass Golden Pass Freeport LNG Cameron LNG Neptune LNG Dominican Rep. Punta Caucedo Altamira Mexico Energia Costa Azul Puerto Rico Argentina Brazil Penuelas Bahia Blanca Pecem** Guanabara Bay** Quintero Chile Mejillones (FSU) Dubai Kuwait Jebel Ali (FSRU) Mina Al Ahmadi Dapeng, Shenzhen

2 1 1 3 5 2 3 2
1

320 000 150 000 150 000 480 000 775 000 330 694 480 000 290 000 160 000 300 000

15

8.00 4.60 4.60

16

27.00 9.80

Total, Chevron, CMI

Qatar, Nigeria Qatar

7 10 2 5

18.00 15.50 3.90 2.32 7.80

Yes Yes

T&T, Egypt, Nigeria, Peru Qatar, T&T

No

2 1

320 000 160 000

6 2 6

10.33 3.75 3.00 2.50 5.00 3.65 2.00 3.00 7.07

Yes

Indonesia, Qatar, T&T T&T T&T, Egypt T&T, Nigeria T&T, Nigeria T&T, Qatar, Equatorial Guinea Yemen, Egypt, T&T Qatar Australia, Malaysia, Russia

1 1 3 1 1 1 3

129 000 138 000 344 000 154 500 125 850 150 000 480 000

2 2 3 3

2010 2009 2006

4.90

No

Australia, Qatar, Nigeria, Equatorial Guinea, Malaysia, Russia, Oman, Yemen, UAE, Indonesia Egypt, Equatorial Guinea

China

Fujian Shanghai, Yangshan (Ximentang Isle) Shanghai, Mengtougou

320 000

3.70

Fujian LNG

No

2008

3 3

495 000 120 000

4.10 0.20

Shanghai LNG Shanghai Gas Group

No

Malaysia Malaysia

2009 2008

*Not including back-up capacity

**Floating Storage Regasification Unit - FSRU

***GNL Italia is a wholly-owned subsidiary of Snam Rete Gas

26

Storage Country Site Number of tanks Total capacity in cm (liq)

Send out Number of vaporizers (*) Nominal capacity in NG bcm/y

12.50

Owner

Operator

T.P.A.

Source of import

Start-up date
2004,
expansion in

Dahej India Hazira

592 000

19

Petronet LNG

Petronet LNG

Yes (on cargo by cargo basis) No

Qatar, (Algeria), Egypt, (Australia), Oman, T&T, Nigeria,

July 2009

320 000

3.40

Hazira LNG Private Ltd (74% Shell, 26% Total) Nihonkai LNG

Hazira LNG Private Ltd

Nigeria, Egypt, Algeria, Oman, Qatar, Qatar/Belgium, April 2005 Australia, T&T, Abu Dhabi, Norway, Equatorial Guinea Indonesia, Malaysia, Qatar, Australia, Russia Indonesia, Malaysia, Qatar, Australia, Oman, Abu Dhabi, Brunei, Russia Indonesia, Malaysia, Qatar, Australia, Oman, Abu Dhabi, Brunei, Russia Indonesia, Malaysia, Australia, Qatar, Russia Indonesia, Malaysia, Australia, Qatar, Russia Indonesia, Malaysia, Australia, Qatar, Algeria Indonesia, Malaysia, Australia, Qatar, Oman, Brunei Indonesia, Malaysia, Qatar, Australia Australia, Qatar, Oman Australia, Qatar, Oman Indonesia, Australia, Russia, Algeria Indonesia, Malaysia, Australia, Qatar Brunei Indonesia, Malaysia, Australia, Qatar, Oman, Brunei, Russia Indonesia, Australia, Russia (Sakhalin), Equat. Guinea, Qatar Indonesia, Qatar, Australia Indonesia Indonesia, Malaysia, Australia, Qatar, Brunei, Russia Indonesia, Malaysia, Australia, Qatar, Brunei, Russia Indonesia, Malaysia, Australia, Qatar, Russia Malaysia Malaysia, Australia, Qatar, Nigeria, Indonesia, Russia Indonesia, Malaysia, Russia Indonesia, Australia Indonesia, Australia, Qatar Malaysia Malaysia, Russia Malaysia Indonesia, Malaysia, T&T, Brunei, Qatar, Oman, Egypt, Australia, Algeria, Nigeria, Equatorial Guinea " " Nigeria, Oman, Malysia, Australia, Indonesia Indonesia, Malaysia Qatar 1984

Niigata

720 000

14

11.60

Nihonkai LNG

Yes

Higashi-Ohgishima

540 000

18.00

Tokyo Electric

Tokyo Electric

Yes

1984

Futtsu

10

1 110 000

13

26.00

Tokyo Electric

Tokyo Electric

Yes

1985

Chita Kyodo Chita-Midorihama Works Chita Himeji Himeji LNG Yanai Mizushima Oita Sakai Senboku I Japan Senboku II

4 2 7 8 7 6 1 5 3 4 18

300 000 400 000 640 000 740 000 520 000 480 000 160 000 460 000 420 000 180 000 1 585 000

14 7 11 6 8 5 3 6 6 5 15

9.89 9.20 15.70 6.40 11.00 3.10 1.30 6.27 8.70 2.94 15.70

Toho Gas / Chubu Elec Toho Gas Chita LNG Osaka Gas Kansai Electric Chugoku Elec Mizushima LNG Oita LNG Kansai Electric Osaka Gas Osaka Gas

Toho Gas Toho Gas Chita LNG Osaka Gas Kansai Electric Chugoku Elec Mizushima LNG Oita LNG Kansai Electric Osaka Gas Osaka Gas

Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes

1978 2001 1983 1984 1979 1990 2006 1990 2006 1972 1977

Tobata Yokkaichi LNG Centre Yokkaichi Works Negishi

8 4 2 14

480 000 320 000 160 000 1 180 000

9 8 4 14

10.28 9.20 2.00 15.00

Kita Kyushu Chubu Electric Toho Gas Tokyo Gas / Tokyo Electric Tokyo Gas / Tokyo Electric Tokyo Gas Saibu Gas Shimizu LNG Hiroshima Gas Nippon Gas Chubu Electric Gas Bureau Saibu Gas Sakaide LNG Kogas Kogas Kogas Posco C.P.C. C.P.C.

Kita Kyushu LNG Chubu Electric Toho Gas Tokyo Gas / Tokyo Electric Tokyo Gas / Tokyo Electric Tokyo Gas Saibu Gas Shimizu LNG Hiroshima Gas Nippon Gas Chubu Electric Gas Bureau, City of Sendai Saibu Gas Sakaide LNG Kogas Kogas Kogas Posco C.P.C. C.P.C.

No Yes Yes Negotiated TPA Negotiated TPA Negotiated TPA " No No No Yes No Yes

1977 1988 1991 1969

Sodegaura Ohgishima Fukuoka Sodeshi Hatsukaichi Kagoshima Kawagoe Shin-Minato Nagasaki Sakaide Pyeong-Taek Korea Incheon Tong-Yeong Gwangyang Taiwan Yung-An Taichung TOTAL *Not including back-up capacity

35 3 2 3 2 2 4 1 1 1 14 20 12 3 6 3 364

2 660 000 600 000 70 000 337 200 170 000 86 000 480 000 80 000 35 000 180 000 1 560 000 2 680 000 1 680 000 365 000 690 000 480 000 38 632 244

36 10 7 8 4 3 4 3 3 3 31 33 12 2 16 6 646

41.60 12.40 1.10 3.90 1.15 0.30 7.10 0.38 0.20 1.64 40.28 40.99 20.72 2.30 23.00 9.00 798.5

1973 1998 1993 1996 1996 1996 1997 1997 2003 2010 1986 1996 2002 2005 1990 2009

No No No No No No

**Floating Storage Regasification Unit - FSRU

***GNL Italia is a wholly-owned subsidiary of Snam Rete Gas

27

Delivery date of the LNG tankers

1969
LNG Palmaria SCF Arctic

1978
Galeomma (ex Arzew) LNG Capricorn LNG Delta

1989
Ekaputra NW Sanderling NW Swallow NW Swift

1997
Al Hamra Al Khor Al Rayyan Al Wajbah Aman Sendai LNG Portovenere Puteri Firus Umm Al Ashtan

Gallina Hispania Spirit

(ex Fernando Tapias)

LNG Rivers LNG Sokoto Puteri Delima Satu Puteri Intan Satu

(ex Methane Arctic)

SCF Polar

(ex Methane Polar)

1970
LNG Elba

(ex Southern) LNG Gemini LNG Leo Methania

1990
NW Snipe

2003
British Innovator British Merchant BW Suez Boston

1979 1972
Bebatik Bachir Chihani LNG Libra LNG Taurus

1991
NW Shearwater

1998
Al Wakrah Aman Hakata Broog LNG Lerici Zekreet

1992
NW Seaeagle

(ex Berge Boston)

BW Suez Everett

1973
Bekalang Bekulan Norman Lady

LNG Virgo Matthew (ex Gamma)

(ex Berge Everett)

Castillo de Villalba Catalunya Spirit

1993 1980
LNG Abuja Aman Bintulu Arctic Spirit

1999
Al Bidda Doha Hanjin Muscat Hyundai Technopia SK Summit

1974
Belais Tellier

(ex Louisiana) LNG Edo (ex Lake Charles) Mourad Didouche

1975
Annabella Belanak Bilis Bubuk Hilli Isabella

(ex Arctic Sun) LNG Flora NW Sandpiper Polar Spirit (ex Polar Eagle)

1981
Golar Spirit LNG Bonny Ramdane Abane Tenaga Dua Tenaga Empat Tenaga Lima

1994
Al Khaznah Dwiputra Hyundai Utopia LNG Vesta NW Stormpetrel Puteri Intan Shahamah YK Sovereign

2000
Al Jasra Golar Mazo Hanjin Ras Laffan Hanjin Sur Hyundai Aquapia Hyundai Cosmopia Hyundai Oceanpia K Acacia K Freesia LNG Jamal SK Splendor SK Stellar SK Supreme Surya Satsuma

(ex Inigo Tapias) Energy Frontier Excel Golar Arctic (ex Granatina) LNG Bayelsa Methane Princess Pacific Notus Puteri Nilam Satu SK Sunrise

2004
Berge Arzew Bilbao Knutsen Cadiz Knutsen Disha Dukhan Fuwairit Galicia Spirit Gemmata Golar Winter Lala Fatma NSoumer LNG Akwa Ibom LNG River Orashi Madrid Spirit Maersk Ras Laffan Methane Kari Elin Muscat LNG NW Swan Puteri Firus Satu Puteri Zamrud Satu Raahi

1976
Gimi Mostefa Ben Boulad

1982
Tenaga Satu Tenaga Tiga

1977
Gandria

1995 1983
Banshu Maru Bishu Maru Echigo Maru Ghasha Hanjin Pyeong-Taek Ish Puteri Delima Puteri Nilam

(ex Hoegh Gandria) Golar Freeze Larbi Ben MHidi LNG Aquarius LNG Aries LNG Lagos (ex Gastor) LNG Port Harcourt Transgas (ex Edouard L.D.)

1984
Dewa Maru Kotowaka Maru LNG Finima Senshu Maru

2001 1996
Al Zubarah Hyundai Greenpia Mraweh Mubaraz Puteri Zamrud Surya Aki Sohar LNG

(ex Lakshimi)

2002
Abadi British Trader Excalibur Galea

1985
Wakaba Maru

28

2005
Al Deebel Al Thakhira Energy Advance Excellence Excelsior Gracilis

Pacific Eurus Provalys Seri Amanah Seri Anggun Seri Angkasa Simaisma

2008
Al Aamniya Al Ghuwairiya Al Hamla Al Huwaila Al Kharsaah Al Khuwair Al Oraiq Al Sahla Al Shamal Al Thumama Al Utouriya Alto Acrux British Diamond British Ruby British Sapphire Bu Samra Cheikh Bouamara Clean Force Dapeng Moon Dapeng Sun Ebisu Energy Navigator Explorer Fraiha Grace Cosmos Grand Aniva Grand Mereya Hyundai Ecopia K Jasmine K Mugungwha LNG Barka LNG Imo Maersk Arwa Maersk Marib Maersk Methane Mozah Murwab Seri Balhaf Seri Bijaksana STX Colt Tangguh Batur Tangguh Foja Tangguh Hiri Tangguh Jaya Tangguh Towuti Trinity Arrow Umm Al Amad Umm Slal

2009
Abdel Kader Al Dafna Al Ghashamiya Al Kharaana Al Kharaitiyat Al Khattiya Al Mafyar Al Mayeda Al Nuaman Al Rekayyat Al Sadd Al Samriya Al Sheehaniya Aseem Ben Badis BW GDF SUEZ Brussels BW GDF SUEZ Paris Cygnus Passage Dapeng Star Energy Confidence Express Exquisite GDF SUEZ Neptune Lijmiliya LNG Jupiter Maersk Magellan Mekaines Mesaimeer Min Lu Min Rong Onaiza Pacific Enlighten Seri Balqis Shagra Taitar n 1 Taitar n2 Tangguh Palung Tangguh Sago Trinity Glory Woodside Donaldson

2010
Aamira Al Bahiya Barcelona Knutsen Castillo

de Santisteban
Exemplar Expedient GasLog Savannah GasLog Singapore GDF SUEZ Cape Ann GDF SUEZ Point Fortin Maersk Meridian Methane Becki Anne Methane Julia Louise Methane Patricia

(ex Golar Viking) Grandis (ex Golar Mist) LNG Adamawa LNG Cross River LNG Enugu LNG Pioneer Lusail Maran Gas Asclepius Nizwa LNG Puteri Mutiara Satu Salalah LNG Seri Alam Umm Bab

2007
Al Areesh Al Daayen Al Gattara Al Gharrafa Al Ghariya Al Jassasiya Al Ruwais Al Safliya British Emerald Cheikh El Mokrani Clean Energy Clean Power Duhail Ejnan Gaselys Grace Acacia Grace Barleria Grand Elena LNG Borno LNG Kano LNG Ogun LNG Ondo Maran Gas Coronis Methane Alison

Camila
Methane Mickie Harper Norgas Creation Norgas Innovation Rasheeda Ribera del Duero

2006
Al Marrouna Arctic Discoverer Arctic Lady Arctic Princess Arctic Voyager Bluesky Energy Progress Excelerate GDF SUEZ

Knutsen Sevilla Knutsen STX Frontier Taitar N3 Taitar N4 Valencia Knutsen Zarga

Global Energy (ex Gaz de France Energy) Golar Maria (ex Granosa) Iberica Knutsen Ibra LNG Ibri LNG LNG Benue LNG Berge Oyo LNG Dream LNG Lokoja LNG River Niger Maersk Qatar Methane Jane Elizabeth Methane Lydon Volney Methane Rita Andrea

Victoria Methane Heather Sally Methane Nile Eagle Methane Shirley Elisabeth Neo Energy Neva River (ex. Celestine River) Seri Ayu Seri Bakti Seri Begawan Sestao Knutsen Sun Arrows Tembek

29

International Group of Liquefied Natural Gas Importers

- 2011

Jean-Yves Robin Tel: 33 (0) 1 47 54 81 28

Vincent Demoury Tel: 33 (0) 1 47 54 81 78

22 rue Marius Aufan - 92300 Levallois Tel: 33 (0) 1 41 05 07 13 - Fax: 33 (0) 1 47 54 81 80 E-mail : central-office@giignl.org - web site: www.giignl.org