Table of Contents
1 Table of Contents 4
1.1 List of Tables 8
1.2 List of Figures 10
2 Greece Industry Overview 11
2.1 Greece LNG Industry Brief, 2011 11
2.1.1 Regasification Capacity 11
2.1.2 LNG Purchases 11
2.1.3 Spare LNG Capacity available for Contracts 11
2.1.4 Total LNG Import Expenditure 11
2.1.5 Average LNG Import Price 11
2.1.6 Top Importers of Greece LNG 11
2.1.7 LNG Terminals under Operation 11
2.1.8 LNG Terminals Planned/ under Construction 12
2.1.9 Natural Gas Production 12
2.1.10 Natural Gas Consumption 12
2.1.11 Natural Gas Reserves 12
2.1.12 Industry Concentration Ratio 12
2.1.13 Market Leader 12
2.2 Greece LNG Market Description 13
2.3 Greece LNG Export Terminals Map 14
3 Strategy Analysis of Greece LNG Markets 15
3.1 Greece LNG Strategies 15
3.2 Greece LNG SWOT Analysis 17
3.2.1 Key Strengths 17
3.2.2 Key Weaknesses 18
3.2.3 Key Opportunities 19
3.2.4 Key Threats 19
3.3 Greece Benchmarking with Other European LNG Exporters 20
3.3.1 Overall Ranking 21
3.3.2 Supply Index 22
3.3.3 Capacity Index 23
3.3.4 Operational Index 24
3.4 Greece LNG Positioning matrix 25
4 Greece LNG Trends and Outlook to 2020 26
4.1 Latest Greece LNG Market Trends 26
4.2 Key Factors Driving Greece LNG Industry to 2020 27
4.3 Regasification Capacity Forecasts, 2000- 2020 28
4.4 LNG Trade Forecast, 2000-2020 30
4.5 Contracted and Non- Contracted Capacity Forecasts, 2000- 2020 32
5 Greece Natural Gas Market Outlook 34
5.1 Greece Proven Natural Gas Reserves, 2000-2010 34
5.1.1 Major Natural Gas Fields in Greece 34
5.1.2 Comparison of Greece Proven Gas Reserves 34
5.1.3 Greece Proven Gas Reserve Volume, 2000- 2010 35
5.2 Greece Natural Gas Production Forecast, 2000-2020 36
5.2.1 Greece Natural Gas Production Trends 36
5.2.2 Greece Natural Gas Production Outlook to 2020 37
5.3 Greece Natural Gas Demand Forecast, 2000-2020 38
5.3.1 Greece Primary Energy Consumption by Fuel 38
5.3.2 Greece Natural Gas Consumption Trends 38
5.3.3 Greece Natural Gas Consumption Outlook to 2020 40
6 Analysis of Greece Operational and Planned LNG Terminals 41
6.1 Location, Operator, Ownership, Start Up, Construction, Technology, Capex and Current Status Details by Terminal, 2011 41
6.2 Greece Regasification Capacity by Terminal, 2000-2020 42
6.3 Greece LNG Carrier Details by Terminal 45
6.4 Greece LNG Storage Capacity by Terminal, 2000-2020 46
6.5 Greece LNG Storage Tank Details by Terminal, 2000-2020 47
7 Greece Monthly LNG Import Trade Pattern and Pricing Analysis, 2010 48
7.1 Annual LNG Trade Quantities by Supplier, 2000-2010 48
7.2 Monthly LNG Trade Quantities by Supplier, January 2010- December 2010 49
7.3 Monthly LNG Import Prices by Supplier, January 2010- December 2010 51
7.4 Monthly LNG Import Expenditure by Supplier, January 2010- December 2010 53
8 Greece Long and Medium Term LNG Contract Details, 2000-2020 55
8.1 Geographical Analysis of LNG Supply Contracts, 2011- 2020 55
8.2 Terminal wise Contracted Vs. Available Capacity, 2000- 2020 56
8.3 Existing LNG Supply Contract Details by Terminal 58
8.4 Announced/ Planned LNG Supply Contract Details by Terminal 59
9 Analysis of Planned LNG Projects in Greece 60
9.1 Current Status of Planned LNG Terminals 60
9.2 Planned LNG Terminals- Capital Expenditure 60
9.3 Planned LNG Terminals- Location, Operator, Ownership and Technology 61
9.4 Planned LNG Terminals- Fields, Tankers and Other Infrastructure 61
9.5 Planned LNG Terminals- Long and Medium term Supply Contracts 62
9.6 Planned Expansions of Existing LNG Terminals 63
10 Greece LNG Markets, Competitive Scenario 64
10.1 LNG Strategies of Major Greecen Operators 64
10.2 Greece LNG Market Structure, 2011 66
10.3 Greece LNG Companies Benchmarking, 2011 67
10.4 Greece, Company wise LNG Import Capacity, 2000-2020 70
10.5 Greece Company wise Planned Capital Expenditure 71
11 Analysis of Key LNG Companies in Greece 72
11.1 DEPA SA 72
11.1.1 Overview 72
11.1.2 Business Description 73
11.1.3 LNG Strategies 75
11.1.4 LNG Operations 76
11.1.5 SWOT Analysis 77
11.1.6 Contact Information 79
11.2 GDF Suez SA 80
11.2.1 Overview 80
11.2.2 Business Description 81
11.2.3 LNG Strategies 83
11.2.4 LNG Operations 84
11.2.5 SWOT Analysis 86
11.2.6 Contact Information 88
11.3 Enagas S.A 89
11.3.1 Overview 89
11.3.2 Business Description 90
11.3.3 LNG Strategies 92
11.3.4 LNG Operations 93
11.3.5 SWOT Analysis 95
11.3.6 Contact Information 97
12 Latest Developments in Greece LNG Industry 98
13 Appendix 116
13.1 Introduction to LNG 116
13.1.1 Widening Scope of LNG Globally 116
13.1.2 LNG Vs Pipeline Transport 117
13.2 Global LNG Markets Overview, 2011 118
13.3 LNG Conversion Factors 119
13.4 Definitions 119
13.5 About LNGReports 120
13.6 Sources and Methodology 120
13.7 Contact Information 121
13.8 Disclaimer 121
List of Tables
Table 1: Europe LNG Markets- Country Benchmarking 21
Table 2: Europe Natural Gas Reserves and Production by Country, 2010 22
Table 3: Europe Operational and Planned LNG Capacity by Country, 2011-2015 23
Table 4: Europe LNG Utilization Rates, 2010 24
Table 5: Greece Regasification Capacity Outlook, 2000- 2020 28
Table 6: Greece LNG Trade Volume Outlook, 2000- 2020 30
Table 7: Greece LNG Contracted Capacity Outlook, 2000- 2020 32
Table 8: Greece Proven Natural Gas Reserves, 2000-2010 35
Table 9: Greece, Marketed Natural Gas Production Forecast, 2000- 2020 37
Table 10: Greece Natural Gas Consumption Forecast, 2000-2020 40
Table 11: Greece Existing and Planned LNG Terminal Details, 2011 41
Table 12: Greece Regasification Capacity by Terminal, 2000- 2020 42
Table 13: Greece LNG Storage Capacity by Terminal, 2000- 2020 46
Table 14: Greece LNG Storage Tanks by Terminal, 2000- 2020 47
Table 15: Greece Annual LNG Trade Quantities by Supplier, 2000- 2010 48
Table 16: Greece Monthly LNG Trade Quantities by Supplier, January 2010- December 2010 49
Table 17: Greece Average Monthly LNG Prices by Importer, January 2010- December 2010 51
Table 18: Greece Monthly LNG Expenditure by Importer, January 2010- December 2010 53
Table 19: Greece LNG Supply Contract Volumes by Country, 2011- 2020 55
Table 20: Terminal wise Contracted LNG Volumes, 2011- 2020 56
Table 21: Terminal wise Non- Contracted (Available) LNG Volumes, 2011- 2020 57
Table 22: Seller, Contract Volume, Duration, Delivery Type Details of Existing Contracts by Terminal, 2011 58
Table 23: Seller, Contract Volume, Duration, Delivery Type Details of Planned Contracts by Terminal, 2011 59
Table 24: Greece, Planned LNG Capital Expenditure by Terminal, 2011-2020 60
Table 25: Greece, Planned LNG Terminal Details (Location, Operator, Ownership and Technology) 61
Table 26: Seller, Market, Contract Volume, Duration, Delivery Type Details of Contracts by Planned Terminals, 2011 62
Table 27: Greece LNG Capacity Expansions of Planned Terminals 63
Table 28: Greece LNG Companies Benchmarking (Capacity Index) 67
Table 29: Greece LNG Companies Benchmarking (Expenditure Index) 68
Table 30: Greece LNG Companies Benchmarking (Investment Index) 69
Table 31: Greece Weighted LNG Capacity by Company, 2000- 2020 70
Table 32: Greece Company wise Planned Capital Investments, 2011- 2015 71
Table 33: DEPA S.A- Top Level Information 72
Table 34: DEPA S.A- Existing and Planned LNG Operations by Country, 2011 76
Table 35: DEPA S.A- Weighted LNG Export Capacity by Terminal, 2000-2015 76
Table 36: Gdf Suez- Top Level Information 80
Table 37: Gdf Suez- Existing and Planned LNG Operations by Country, 2011 84
Table 38: Gdf Suez- Weighted LNG Export Capacity by Terminal, 2000-2015 84
Table 39: Enagas SA- Top Level Information 89
Table 40: Enagas SA- Existing and Planned LNG Operations by Country, 2011 93
Table 41: Enagas SA- Weighted LNG Export Capacity by Terminal, 2000-2015 93
Table 42: Natural Gas (NG) and Liquefied Natural Gas (LNG) Conversion Factors 119
List of Figures
Figure 1: Greece Regasification Terminals Map 14
Figure 2: Greece LNG Positioning Matrix 25
Figure 3: Greece Regasification Capacity Outlook, 2000- 2020 28
Figure 4: Greece LNG Trade Volume Outlook, 2000- 2020 30
Figure 5: Greece LNG Contracted Capacity Outlook, 2000- 2020 32
Figure 6: Greece Natural Gas Reserves Comparison, 2010 34
Figure 7: Greece Proven Natural Gas Reserves, 2000-2010 35
Figure 8: Greece, Marketed Natural Gas Production Forecast, 2000- 2020 37
Figure 9: Greece, Primary Energy Consumption by Fuel (%), 2010 38
Figure 10: Greece Natural Gas Consumption Forecast, 2000-2020 40
Figure 11: Greece Annual LNG Trade Quantities, 2000-2010 48
Figure 12: Greece Monthly LNG Trade Quantities, January 2010- December 2010 49
Figure 13: Greece Average Monthly LNG Prices, January 2010- December 2010 51
Figure 14: Greece Monthly LNG Import Expenditure, January 2010- December 2010 53
Figure 15: Greece LNG Supply Contract Volumes by Country, 2011 55
Figure 16: Greece LNG Market Shares by Companies, 2011 66
Figure 17: Greece Weighted LNG Capacity by Company, 2000- 2020 70