Chesapeake Executive Says Shale Gas Can Provide Enough Supply for U.S. LNG Exports; Societe Generale Analyst Questions Timeline and Cost for U.S. Export Projects
Posted on May 26, 2011 in Financing, LNG Exports, Markets and Competition | Comments Off on Chesapeake Executive Says Shale Gas Can Provide Enough Supply for U.S. LNG Exports; Societe Generale Analyst Questions Timeline and Cost for U.S. Export Projects
Speaking yesterday at an event in San Antonio, Texas, Bill Wince of Chesapeake Energy said that his company believes strongly that American shale gas plays offer enough gas supplies to support LNG exports from the United States. Platts LNG Daily [subscription required] provides additional coverage.
Separately, an industry analyst with Societe Generale issued a research note questioning the timeline for first LNG exports from the Sabine Pass LNG facility and suggesting that the $4 billion investment to install LNG liquefaction equipment may be too low. Read more in Platts.