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US Gulf Coast Project Construction Update
Lee Nichols, Director – Data Division, Gulf Publishing Company
• Detailed and up-to-date information on active construction projects in the refining, gas processing, LNG and petrochemical industries across the globe
www.constructionboxscore.com
Total announced downstream project investments by region 2014-2025
Total investment = $1.162 Trillion
$128 B
$240 B
$64 B$77.5 B
$158.5 B
$113 B
$381.5 B
Total new project announcements, 2012-2014
0
20
40
60
80
100
120
140
160
Africa Asia-Pacific Canada Europe Latin America Middle East US
2012
2013
2014
Source: Hydrocarbon Processing Boxscore Database. European region includes Russia and the CIS.
Total new project announcements by region and sector, 2014
0
10
20
30
40
50
60
70
Africa Asia-Pacific Canada Europe Latin America Middle East US
Refining
Petrochemical
Gas Processing/LNG
Source: Hydrocarbon Processing Boxscore Database. European region includes Russia and the CIS.
New project announcements globally, July 2014 – February 2015
0
5
10
15
20
25
30
35
40
New Project Announcements
New ProjectAnnouncements
New project announcements, by region, July 2014 – February 2015
0
2
4
6
8
10
12
14
16
18
July
August
September
October
November
December
January
February
Market share analysis of new projects, 2012-2014
10%, 20%, 26%, 35%
1%, 6%, 6%
8%, 8%, 9%5%, 4%, 5%
18%, 17%, 12%
18%, 15%, 11%
30%, 24%, 22%
Gulf Coast new project market share, 2014-present
US vs. Gulf Coast
US - non-Gulf Coast
US GulfCoast
65%35%
Gulf Coast Market Share Breakout
Alabama
Florida
Louisiana
Mississippi
Texas
56% 38%
4%
USGC Sector Breakdown
Refining
GasProcessing/LNG
Petrochemical
45%41%
14%
New project announcements along the Gulf Coast, 2012
Gas Processing/LNG Projects
Petrochemical Projects
Refining Projects
New project announcements along the Gulf Coast, 2013
New project announcements along the Gulf Coast, 2014 - present
US LNG Export Terminal Projects1. Sabine Pass LNG2. Freeport LNG 3. Lake Charles Exports (Trunkline)4. Carib Energy5. Dominion Cove Point LNG6. Jordan Cove (Coos Bay)7. Cameron LNG8. Gulf Coast LNG Export9. Gulf LNG Liquefaction 10. Oregon LNG11. Southern LNG 12. Excelerate Liquefaction (Lavaca Bay)13. Golden Pass LNG14. Corpus Christi LNG (Cheniere)15. Main Pass Energy Hub16. CE FLNG17. Waller LNG18. Pangea LNG19. Magnolia LNG20. Trunkline LNG21. Gasfin LNG 22. Venture Global LNG23. EOS LNG24. Barca LNG25. Delfin LNG26. Texas LNG27. Louisiana LNG Energy28. Strom LNG29. SCT&E LNG30. Downeast LNG
31. Live Oak LNG32. Alaska LNG
US LNG export capacity due online by 2019 = 46 MMtpy
Project Location No. of liquefaction trains
Capacity
Sabine Pass LNG Sabine Pass, LA 4 18 MMtpy
Cameron LNG Hackberry, LA 3 12 MMtpy
Freeport LNG Freeport, TX 2 9 MMtpy
Cove Point LNG Lusby, MD 1 5.75 MMtpy
• Second wave of projects could add an additional 30 MMtpy• Additional trains at Sabine Pass, Freeport• Corpus Christi LNG (greenfield)
• Outliers:• Jordan Cove? Oregon LNG?• Alaska LNG, Golden Pass
US refining capacity set to increase through 2020
• Surge in light crude refining capacity• Valero Expansions
• Condensate splitter construction on the rise
• “Micro-refineries” come on the scene
• Heavy oil projects to go through?• ExxonMobil – under
consideration• Husky – halted by fire• Marathon – delayed FID
US Petrochemicals
Major US Ethylene Projects Company Location Capacity Start-Up
Chevron Phillips Chemical Cedar Bayou, TX 1.5 MMtpy 3Q/4Q 2017
ExxonMobil Baytown, TX 1.5 MMtpy 4Q 2016
Dow Chemical Freeport, TX 1.5 MMtpy 2017
Sasol Lake Charles, LA 1.5 MMtpy 2017
Formosa Plastics Point Comfort, TX 1 MMtpy 1Q 2017
Formosa Plastics Louisiana 1 MMtpy N/A
Occidental/Mexichem Ingleside, TX 544 Mtpy 2017
Axiall/Lotte Chemical Lake Charles, LA 1 MMtpy 2018 (HOLD)
Shell Monaca, PA 1-1.5 MMtpy 2019-2020
Odebrecht/Braskem Parkersburg, WV 1 MMtpy 2019-2020
Williams (Geismar 2) Geismer, LA 1 MMtpy N/A (PROPOSED)
LyondellBassell (expansion) Channelview, TX 275 Mtpy 2017 (Study)
Shintech Plaquemine Parish, LA 500 Mtpy 2018
LyondellBassell (expansion) Corpus Christi, TX 363 Mtpy 4Q 2015
Appalachian Resins Salem Township, OH 300 Mtpy 2019
Surge in US methanol projectsCompany Location Capacity Cost, MM US$ Completion Date
Methanex – Geismar I Geismar, LA 1 MMtpy 550 Completed 2015
Methanex – Geismar II Geismar, LA 1 MMtpy 550 2Q 2016
Valero Norco, LA 1.6 MMtpy 700 2Q 2016
OCI (Natgasoline) Beaumont, TX 1.75 MMtpy 1,000 4Q 2016
NWIW – Port of Kalama Port of Kalama, WA 1.825 MMtpy 1,800 2018
NWIW – Port Westward, OR Port Westward, OR 1.825 MMtpy 1,000 2018
South Louisiana Methanol St. James Parish, LA 1.825 MMtpy 1,300 4Q 2016
Celanese/Mitsui – Clear Lake Clear Lake, TX 1.3 MMtpy 800 2Q 2015
Celanese – Bishop Bishop, TX 1.3 MMtpy 700-800 2018
LyondellBasell Channelview, TX 780 Mtpy 150 Completed 2013
CCI (Castleton Methanol Project) Braithwaite, LA 1.825 MMtpy 1,200 2019
Yuhuang Chemical (Plant 1) St. James Parish, LA 1.5 MMtpy 925 2018
Yuhuang Chemical (Plant 2) St. James Parish, LA 1.5 MMtpy 925 2020
Connell Group-Sino Life Ins. Corp. JV Shoal Point, TX 7.2 MMtpy 4,500 2020
PDH
Company Location Capacity Completion
Petrologistics Houston, TX 600 Mtpy 2010
Enterprise Mt. Belvieu, TX 750 Mtpy 1Q 2016
Dow Chemical Freeport, TX 750 Mtpy 2015
Formosa Point Comfort, TX 600 Mtpy 2016
Ascend/C3 Petrochemicals Chocolate Bayou, TX
1 MMtpy 2017
REXtac Odessa, TX 300 Mtpy 3Q 2017
• 3.4 MMtpy of new PDH capacity by 2018• Total CAPEX of nearly $5 billion
