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16 Pages

Chevron LNG corporate summary


Chevron LNG corporate summary

Report summary

Australian LNG will be transformational for Chevron but execution has proved difficult. The company’s major projects in Western Australia, Gorgon (which started in 2016) and Wheatstone, are late and have run over-budget. We estimate the cost of developing these projects and developing Angola LNG, which was also late and over-budget, has exceeded US$100 billion (US$56 billion net to Chevron), making the last few years the most capital intensive period in Chevron's history.

What's included?

This report includes 2 file(s)

  • Chevron LNG corporate summary PDF - 437.45 KB 16 Pages, 7 Tables, 12 Figures
  • Chevron LNG corporate summary.xls XLS - 846.50 KB

Description

The LNG market is set to increase by 50% between 2015 and 2020. This spectacular growth is transforming the market, with many new companies entering the sector and changing the industry landscape. LNG buyers are becoming increasingly fragmented, while the new emerging markets have smaller demand needs. This shift has increased demand for portfolio LNG supply.

This report allows you to understand how this company uses its LNG supply volumes, market access and shipping assets to create value from its LNG business. It provides an overview of the company's LNG strategy, assets, LNG supply access, LNG market commitments to give an accurate forecast of its flexible LNG portfolio.

As the LNG business continues to expand, in terms of both the number of players and the absolute volume of LNG traded, it is vital to understand the position and strategy of key suppliers and competitors.

Offering bottom up market analysis for over 150 LNG supply assets, 28 LNG-importing countries and more than 500 LNG contracts, Wood Mackenzie is the definitive and trusted resource for the LNG industry. We use our robust database and expert industry knowledge to help you understand the dynamics of the global LNG industry and identify emerging trends and opportunities.

  • Executive summary
    • SWOT Analysis
  • LNG strategy
    • Adapting marketing approach for new realities
    • Attitude to portfolio LNG and LNG trading
    • Diversification away from Australia has yet to materialise
  • LNG assets
    • Gas into LNG
      • Operational projects
      • Under construction and proposed projects
    • Liquefaction capacity
    • Operating/Post FID
    • Planned/Pre FID
    • Regasification capacity
    • Shipping
  • Supply-demand balances
    • Contracted Supply
    • Post FID Supply
    • Pre-FID Options
    • Committed LNG
    • Flexible LNG portfolio
  • Value drivers
    • Project execution
    • Contract pricing
  • Risks and uncertainties

In this report there are 19 tables or charts, including:

  • Executive summary
    • Executive summary: Table 1
  • LNG strategy
  • LNG assets
    • Table 1 Chevron upstream supply to LNG liquefaction plants
    • Figure 1 Gas into LNG by equity (mmcfd)
    • Figure 2 Effective Liquefaction Capacity by Equity (mmtpa)
    • Table 2 Chevron liquefaction capacity
    • Table 3 Chevron regasification capacity
    • Figure 3 Chevron's regasification capacity
    • Figure 4 Chevron Shipping – Chartered
    • Figure 5 Shipping Requirement
    • LNG assets: Table 4
  • Supply-demand balances
    • Table 4 Chevron contracted supply
    • Figure 6 Chevron's contracted supply
    • Table 5 Chevron committed sales 2015
    • Figure 7 Chevron's committed sales by customer
    • Figure 8 Chevron flexible LNG (mmtpa)
  • Value drivers
    • Figure 9 Chevron Supply Contracts
    • Figure 10 Chevron Committed Sales
    • Pricing Exposure
    • Weighted average cost and price of LNG
  • Risks and uncertainties
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