Top 10Regasification Capacity 20141 KOGAS 6 CNOOC

2 TEPCO 7 BG

3 Chubu Electric 8 Qatar Petroleum

4 Tokyo Gas 9 Kansai Electric

5 GDF Suez 10 Shell

Top 10Contracted Buyers 20141 KOGAS 6 CPC

2 TEPCO 7 CNOOC

3 GDF Suez 8 Kansai Electric

4 Chubu Electric 9 Petronet LNG

5 Tokyo Gas 10 Osaka Gas

Japanese LNG Import Price

Total Value

Price(nominal)

Price(real, 2014)

Source: Japanese Customs Statistics

The Pioneers Algeria vs. United Kingdom

The Market Leaders Qatar vs. Japan

The Rising Stars USA vs. Australia vs. China

Qatar(export)

Japan(import)

Algeria(export)

UK(import)

Australia(export)

USA(export)

China(import)

27,400m3

87,603m3

132,588m3

137,500m3

149,172m3

266,000m3

Largest LNG ship sizes over time1964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024

Africa Americas Asia-PacificEurope Middle East

Africa Americas Asia-PacificEurope Middle East

Import0600 400 200

bcm Export6004002000

bcm

Export forecast to 2024Import forecast to 2024

Import0

mmtpa450 300 150

Export4503001500

mmtpa

155,000m3 Which is the equivalent of

A typical LNG ship can carry

Fun Facts

Once regasified it is the equivalent of

70cl bottles of whisky

137billion

70cl bottles of whisky

221million

This would be enough to give everyone in the world 19 bottles each

Importing countries

1974

1984

1994

2004

2014

19641

5

6

9

14

29

Exporting countries

1964

1974

1984

1994

2004

2014

1

4

7

8

12

19

milliontonnes

milliontonnes

no. of ships

By ImporterBy Exporter LNG fleet by shipbuilding country LNG fleet by current status

Japan1,707

South Korea329

Japan116

France38

China20

USA16

Scrapped31

Current Fleet393

Orderbook127

Taiwan151

USA148

Others537

India98

Spain295

France268

Indonesia721

South Korea464

Qatar566

Algeria525

Malaysia439

Australia268

Nigeria189

Others722

Brunei238

Others32

no. of ships

All time LNG trade totals 3,667 million tonnes of LNG (the equivalent of 4,978 bcm of gas)

424 LNG ships have been built and a further 127 are currently on order

LNGAT50

Trusted commercial intelligencewww.woodmac.com

Source: Wood Mackenzie (unless otherwise stated). All data excludes small-scale LNG.

Since the Methane Princess delivered the world’s first commercial liquefied natural gas (LNG) cargo to the UK’s Canvey Island regasification terminal on 12 October 1964, momentum has continued to build. Fifty years later, the sector has mushroomed from this single trade between Algeria and the UK to over 400 trade routes involving 45 countries. Now a major part of the global energy industry, we believe LNG will remain one of the fastest growing commodities for the next five decades.

We have drawn upon our extensive LNG database and the knowledge of our expert research professionals to illustrate the rise of LNG and celebrate this significant landmark.

If you would like more information or to hear from one of our LNG experts directly, contact us on:

lngat50@woodmac.com

Or visit us at:woodmac.com/ lngat50