The world’s 7 largest developing liquefied natural gas projects infographic

17 LARGEST DEVELOPING LIQUEFIED NATURAL GAS PROJECTS Introduction The recent investment in liquefied natural gas (LNG) has revolutionised the global energy market as we enter what's described as 'The Golden Age of Gas. With new techniques and more refined machinery, the benefits of LNG outstrip traditional natural gas. Here's 7 of the world's largest LNG projects to look out for in the future... What is LNG? LNG is the byproduct of a new technical process which, adulterants with higher freezing points, are stripped from natural gas before cooling the remaining methane and ethane to -162°c. Benefits of LNG vs NG VS 1/600 the volume of natural gas Easier to ship across the world Reduced geographical footprint Reduced carbon footprint Cheaper to transport : 1M Tonnes = $10 Billion LNG Ichthys LNG 7 8.4 million tonnes per annum Northern Australia Project cost: Estimated $34bn USD A JV between 6 companies, including Total and Tokyo Gas is being constructed in the field in Browse Basin. The gas will be partially processed offshore before being liquefied at the new development. Queensland Curtis LNG 8.5 million tonnes per annum Gladstone, Australia Developed by BG Group subsidiary QGC Pty Ltd, the gas from the Surat Basin in southern Queensland will be transported and liquefied in Gladstone after a 540km pipeline journey. Project cost: Estimated $20.5bn USD Wheaststone LNG 5 8.9 million tonnes per annum Onslow, Australia Project cost: Estimated $29.7bn USD Developed in cooperation with main shareholder Chevron, Wheatstone will utilise two liquefaction trains with a design capacity 4.45 million tonnes per annum each. Australia Pacific LNG 4 9 million tonnes per annum Eastern Australia A JV between Origin, ConocoPhillips and Sinopec, coal seam gas will be converted into LNG in Gladstone, similar to the QCLNG project at number 6. Project cost: Estimated $20.5bn USD Gorgon LNG 3 Western Australia 15.6 million tonnes per annum A JV between global players including ExxonMobil and Shell, this project has a subsea gas gathering system and subsea pipelines transporting gas to the Barrow Island LNG facility. Project cost: Estimated $54bn USD Yamal LNG 2 Western Siberia, Russia The only project located in the arctic will utilise over 200 wells to draw upon the country's reserves. As the river is frozen for 9 months, partners have 16.5 million tonnes per annum commissioned the use of icebreaker tankers to ensure year-round production. Project cost: Estimated $20.5bn USD Sabine Pass LNG 1 Louisiana, USA 18 million tonnes per annum The Gulf Coast project will include LNG trains with individual capacities of 4.5 million tonnes, supplying a bi-directional facility with the ability to receive and regasify foreign LNG. Project cost: Estimated $12bn USD Owner Cheniere are already designing the facility to accommodate an additional two trains for a combined capacity of 27 million tonnes per annum. MIRAGE www.miragemachines.com PORTABLE PERFORMANCE Data Source: Exploration World, http://explorationworkd.com/top 10/174/The-Worlds-7-Largest-Developing-LNG-Projects CO