the atlantic basin initiative the rising importance of the atlantic hemisphere september 12-13, 2012...
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The Atlantic Basin Initiative
The Rising Importance of the Atlantic Hemisphere
September 12-13, 2012Center for Transatlantic Relations
Johns Hopkins University SAISWashington, DC
Canada
• World’s Third Largest Holder of Liquid Reserves• United States and Pacific Rim Natural Markets• Seaway and Keystone Pipelines
U.S.A.
• Increase Oil and Natural Gas Production• Refinery Conversion Capacity• Petroleum Fuels Exports• LNG Exports
México
• Decline Liquids Production3.8 mmbd 20004 2.8 mmbd 2012
• Petroleum Fuels Importer• Regulatory and Fiscal/Contractual Regime Obstacles
Venezuela
• World’s Second Largest Holder of Liquids Reserves• ˂ 3.0 mmbd 2012
2005-2010 Siembra Petrolera 5.0 mmbd2013-2019 - $130 billion – 6.0 mmbd
• Regulatory and Fiscal/Contractual Regime Challenges
Brazil
• 2011 Liquids Production 2.8 mmbd• 2016 Crude Oil Production Target 3.3 mmbd• 2012-2016 $236 billion Capital Investments • Capital & Infrastructure Challenges
Argentina
• World’s Third Largest Holder of Shale Gas Reserves• Resource Nationalism - REPSOL• Capital and Technology Challenges • Natural Gas – LNG Regional Impact
Jorge R. PiñonAssociate Director, Latin America and Caribbean ProgramCenter for International Energy and Environmental Policy
Jackson School of GeosciencesThe University of Texas at Austin
2275 Speedway MC C9000Austin, TX 78712-1722
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