Exxon 2009 Annual Report Download - page 28
Download and view the complete annual report
Please find page 28 of the 2009 Exxon annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Reliable economic supplies of natural gas and power
are fundamental to the world’s economic growth.
ExxonMobilproducesgas,naturalgasliquids,and
power from a diverse portfolio of assets around the
world,andmaximizesvaluethroughanetworkof
commercial experts in global energy markets.
Over the coming decades, natural gas is expected to
play an increasingly important role in fueling the world’s
economic growth. ExxonMobil sells approximately 11 billion
cubic feet of gas per day and is active across the gas value
chain in most major markets.
ExxonMobil is a significant gas producer and processor
in North America with production from the Gulf of Mexico,
onshore Gulf Coast, the mid-continent of the United States,
and both onshore and offshore Canada. To increase supply,
we are expanding production from our tight gas assets
in the Piceance Basin, Colorado, exploring for new shale
gas resources in several basins in the United States, and
are also the largest acreage holder in the promising Horn
River Basin shale gas play in Canada. We are working
with TransCanada to advance a gas pipeline from the
Alaskan North Slope to North American markets. In 2010,
the Golden Pass liquefied natural gas (LNG) terminal is
scheduled to open on the U.S. Gulf Coast and will have
the capacity to import 2 billion cubic feet of gas per day,
supplied primarily from the new LNG projects in Qatar.
In Europe, ExxonMobil is a leading gas producer through
ownership in key assets in the Netherlands, Germany,
and both the U.K. and Norwegian sectors of the North
Sea. New sources of unconventional gas supply are being
evaluated, and in 2009, we acquired over 3 million net acres
in promising coal bed methane and shale gas play areas in
Germany and Poland. In 2009, ExxonMobil and our partners
also opened two LNG regasification facilities to increase
supply to the region – the South Hook Terminal in South
Wales and the Adriatic LNG Terminal offshore Italy.
Natural gas demand is expected to increase by
approximately 4 percent per year in the fast-growing Asia
Pacific region. ExxonMobil is one of the largest suppliers
of gas in Australia and Malaysia and also sells gas in
Thailand and the Russian Far East. We are involved in
ventures in Qatar and Indonesia that supply LNG to key
Asian, European, and U.S. markets. LNG supplies from
our interests in Qatar have increased significantly with
the start-up of four 7.8-million-tonnes-per-year trains –
the largest in service anywhere in the world. In 2009,
ExxonMobil and our joint venture partners sanctioned the
development of two new LNG projects in the Asia Pacific
region – the Gorgon Jansz project offshore Western
Australia and the PNG LNG project in Papua New Guinea.
ExxonMobil has interests in a total of about 16,000
megawatts of power generation capacity worldwide, and
is an industry leader in the application of cogeneration
technology, which efficiently combines power generation
with the supply of heat and steam for our facilities.
Gorgon Jansz
Scarborough
Papua
New Guinea
(PNG)
Arun
Nigeria
Qatar
EricWhetstone•WhetstoneDesignLab
office:214-788-6336•cell:
EDITOR
TraceyGunnlaugsson•InvestorRelations
ExxonMobilCorporation,Irving,TX
office:972-444-1151•cell:972-849-6202
fax:972-444-1505
tracey.c.gunnlaugsson@exxonmobil.com
CarolZuber-Mallison•ZMGraphics
studio/cell:214-906-4162•fax:817-924-7784
carol@zmgraphics.com
Usage:ExclusiverightswithinExxonMobil
(c)2010,ZMGraphicsImagecannotberesold
ATTENTION:OWNER
Datalistisusedtodrivetheblackand
whitechart,whichisthenusedasa
templateforthecolorchart.Barsand
linesarecutandpastedfromtheblack
andwhitetemplateandarehighly
accurate.However,thecolorchartis
NOTlinkedtothedatabaseandisNOT
“driven”bythedata;itisapieceof
artworkbuiiltbyahuman.Therefore,the
editorneedstothoroughlyproofthefinal
artwork,notJUSTthedatalist.
VERSION
APPROVEDBY
Feb.26,2010
FILEINFO
LASTFILECHANGEMADEBY
42A09XOMF-
LNGWorld.ai
PS-FOLNGWorld.psd
INF&OONPAGE
INSARONPAGE
Note:
Includeslinkfile
ISIN
SARandF&O
Major LNG Market
(Existing and Targeted)
Anticipated Supply Flow
EricWhetstone•WhetstoneDesignLab
office:214-788-6336•cell:
EDITOR
TraceyGunnlaugsson•InvestorRelations
ExxonMobilCorporation,Irving,TX
office:972-444-1151•cell:972-849-6202
fax:972-444-1505
CarolZuber-Mallison•ZMGraphics
studio/cell:214-906-4162•fax:817-924-7784
(c)2010,ZMGraphicsImagecannotberesold
ATTENTION:OWNER
whitechart,whichisthenusedasa
accurate.However,thecolorchartis
artworkbuiiltbyahuman.Therefore,the
artwork,notJUSTthedatalist.
VERSION
APPROVEDBY
Feb.12,2010
FILEINFO
LASTFILECHANGEMADEBY
42A09XOMF-
LNGLegend.ai
Carol James Bill
INF&OONPAGE
INSARONPAGE
Note:
Includeslinkfile
Existing Liquefaction Facility
Future/Potential Liquefaction Facility
Existing Regasification Terminal
Future/Potential Regasification Terminal
EricWhetstone•WhetstoneDesignLab
office:214-788-6336•cell:
EDITOR
TraceyGunnlaugsson•InvestorRelations
ExxonMobilCorporation,Irving,TX
office:972-444-1151•cell:972-849-6202
fax:972-444-1505
CarolZuber-Mallison•ZMGraphics
studio/cell:214-906-4162•fax:817-924-7784
(c)2010,ZMGraphicsImagecannotberesold
ATTENTION:OWNER
whitechart,whichisthenusedasa
accurate.However,thecolorchartis
artworkbuiiltbyahuman.Therefore,the
artwork,notJUSTthedatalist.
VERSION
APPROVEDBY
Feb.12,2010
FILEINFO
LASTFILECHANGEMADEBY
42A09XOMF-
LNGLegend.ai
Carol James Bill
INF&OONPAGE
INSARONPAGE
Note:
Includeslinkfile
Global LNG
Global LNG demand is expected to rise
rapidly over the next 20 years,
with increased demand from
North America, Europe, and
Asia Pacific. Together with our partners,
we have liquefaction capacity of
approximately 65 million tonnes of
LNG in 2010, and expect this to increase
to over 100 million tonnes annually
in the coming years.
During 2009, the Piceance Phase 1 project commenced
production and has a capacity of 200 million cubic feet of
gas per day. The total recoverable resource potential on
ExxonMobil’s leases is estimated at 45 trillion cubic feet.
CapitalizeonGrowingNaturalGasandPowerMarkets
EXXONMOBILCORPORATION • 2009SUMMARYANNUALREPORT 25