May 2024
π²Modeling: Carbon tax adjustments for European imports
Users can now add an adjustment to implement a carbon tax on European LNG imports for the set costs of $100/t or $200/t. These additional taxes are added onto the cost of LNG shipping in the model inputs. Costs were derived by the research team based on the carbon intensity of loaded LNG at export facilities which are imported by European regas facilities.
πMarket Forecast: Strategic Planning Outlook (April 2024) is live
πMap: Select assets from the map to add to or exclude from filters
Our new map selection capabilities allow users to focus on proximal assets and infrastructure relevant to their workflows. Rectangle and Polygon selection tools have been added to the map controls to allow you to select multiple assets to add them to or exclude them from your filtered data. Click here to access the full guide.
April 2024
ποΈLens Direct: Contract Pricing Assumptions and volumes are now available within Lens Direct
Keep on top of LNG contract assumptions within Lens Direct to identify opportunities. Buyers, sellers, contract start and end dates, duration, source, destination, pricing structure, indexation, source and destination flexibility are included for comprehensive analysis.
πWritten Content: Access written content directly from Lens Gas & LNG
Long-term outlooks are now included via a link within Lens Gas & LNG to support the understanding of key assumptions, drivers and analysis underpinning our base case view. Click 'Read Full Report' to access the written content.
π² Cost Curves: Visualize cost of gas delivered to a location
See the quantity and price of gas delivered into demand regions, and how that supply builds up to the regional price. View the difference between cost curves over time (click the settings icon to adjust the year) and after modelling adjustments have been made.
March 2024
πModeling: Demand response as a result of modifying modeling assumptions can now be assessed visually and quantitatively
February 2024
πModeling: China Gas Demand
China Gas demand is now added as a lever. Increase or decrease China gas demand by a percentage to understand the impact on prices and trade flows.
December 2023
πMarket Forecast: Net zero scenario (December 2023) is now available
Net zero scenario data has been added to the Market Forecast dataset.
Users can explore the net zero outlook by region, market and sector and compare gas and LNG flows and prices against our current and previous base cases through the Lens user interface.
November 2023
π’Assets and Contracts Data: View and download LNG Plant, Regasification Terminal, Upstream gas field and Contracts summary tables
From the left-hand panel of the One Lens interface, click Assets and then the settings icon (cogwheel) against the data table to select the required dataset. The dropdown option provides LNG Plant, Regas Terminal, Upstream field and LNG Contracts summary tables.
πMarket forecast: Compare multiple outlooks
You are now able to compare multiple outlooks from Demand, Supply, Trade, and Prices dashboards.
In each dashboard, you can choose the datasets from "Forecast" and "Compared to:" menu.
Once selected, the result will be shown.
You can choose to show either Absolute value and Delta between two outlooks from the "Settings" button.
October 2023
π²Modelling: Adjusting start-up years for liquefaction projects
In addition to adjusting the capacity, short-run, and long-run marginal costs of liquefaction projects, you can now move the expected start-year forward and backward in time.
While in Gas & LNG Modelling, click to add an adjustment, then select liquefaction. Use the FID-Status filter to see all pre-FID projects. Select an individual project or aggregate projects with the additional filters. Choose the PushBack attribute type to delay projects and enter the duration to delay. Alternatively, choose the PullForward attribute to move projects ahead of schedule. See the change in liquection capacity in the preview chart.
This adjustment will change the start-up year for a project, but whether or not the project will be utilized that year is determined via the scheduling phase of the model execution.
September 2023
π²Modelling: Adjusting liquefaction assumptions down to the plant-level
The new liquefaction lever allows you to adjust costs and capacities for liquefaction projects. You can edit aggregate values or filter down to specific plants and expansions. Short-run marginal costs impact both existing and pre-fid projects, while long-run marginal costs impact only pre-fid projects. Liquefaction capacities can be edited by a percentage, and visualized via the preview chart. Run the model to view the impact on prices and flows.
August 2023
βUnit change setting and data tables
You can change units via the settings (cogwheel) icon against each chart. Choose units from mcm, bcm, mmf, bcf, mmcfd, and bcfd. Mmtpa will be included in due course.
Switch to the table view to access data underpinning the charts and click the export icon (top right) to download data or charts.
May 2023
πHistorical market outlook scenarios
Select between market outlook scenarios to display supply, demand, trade flows and prices from the current and previous market outlooks using the drop-down at the top of the analysis panel.
π²πAdjust Henry Hub Pricing in the model mode
The cost of US gas supply can now be adjusted in the model by modifying the Henry Hub price, a crucial source of LNG to the global market.
The model outputs will reflect the impact of these changes to the delivered gas prices at global demand regions and changes to regional gas flows.
March 2023
ποΈπ’ Identify LNG import opportunities with Regas Terminal locations on the map
Find current and proposed LNG regas facilities on the Lens map, to understand import routes for supplying LNG to regional markets. Clicking on a regas terminal provides information on the site: Terminal name, Country, Shipping basin, Port name, Status, Startup date and Partners.
February 2023
π²π Detailed regional historic and forecast gas prices
You can now view regional historical (actual) prices from Argus Media and regional forecast prices from Wood Mackenzie via the Prices tab. The dataset exists in a data table at the bottom of the prices section.
This includes over 50 regional price markers including most major traded markers.
π Understand the geographical nuances of North American gas supply dynamics with play and sub-play level data
Interrogate individual plays and sub-plays that comprise of North American gas supply via the Play level location filters in the filter tray.
The play / sub play chart dropdown available within the Supply section allows users to choose the granularity of data they wish to understand.