•Over 50 projects by end 2015, further 100 by end 2020 if tariffs OK
•46 projects completed in period 1 June 2014 to 31 Dec 2015
•Around 2 TWhby end 2015
•UK total gas demand 750 TWh
•140,000 tonnes of LNG not imported
•Focus on reducing capital and operating costs
•No Letter of Direction
•Tariff fixed
•Competition as established supply chains
•Lower cost of finance?
•To be discussed tomorrow…..
UK