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Cheniere Energy Inc
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2015 Investor/Analyst Day
| Charif Souki; Anatol Feygin; Keith Teague; Corey Grindal; Meg Gentle; Michael Wortley; Katie Pipkin | Page 15 of 11 |
November 21, 2024
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And Now Shale Has Created Similar Expansion in Oil Supply 7 Global +6.32Mbpd U.S. +4.76Mbpd 85 90 95 100 105 110 2010 2020 2025 2030 2035 Million bpd Oil Supply Growth Forecasts WEO 2011 WEO 2014 0 5 10 15 Saudi Arabia Russia US Ex-Texas Texas China Canada UAE Iraq Brazil Iran Global Production of Total Liquids - 2014 Million bpd Texas +2.68Mbpd 43% of global incremental output 2010-14 Source: EIA, IEA ? U.S. production responsible for ~75% of global incremental growth from 2010-2014 ? Texas accounted for more than half of U.S. growth during period, ~45% of world’s growth • Eagle Ford and Permian the majority of incremental production • TX is 4th largest liquids producer in the world, putting U.S. as top global liquids producer U.S. Shale, Light Tight Oil is Largest Factor in Shifting Forecasts From 2010 to Today