NAM Supports LNG Exports
Posted on Jan 16, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on NAM Supports LNG Exports
The National Association of Manufacturers (NAM) released a statement in support of LNG exports, stating that proposals that seek to limit LNG exports “would have far-reaching negative effects on the United States” and that such restrictions “limit economic opportunities and stifle job growth rather than provide a source of increased economic...
Industry Executives/Experts Voice Support of LNG Exports
Posted on Jan 16, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on Industry Executives/Experts Voice Support of LNG Exports
Several energy industry executives and experts wrote in National Journal’s Energy Experts Blog in support of LNG exports in response to the question of what American policy should be on energy exports. For example, Jack Gerard, President and CEO of the American Petroleum Institute, writes that “blocking the free trade of natural gas by the enactment of protectionist...
Article: Profits from U.S. LNG Exports Could be Less Than Expected
Posted on Jan 15, 2013 in LNG Exports, Markets and Competition | Comments Off on Article: Profits from U.S. LNG Exports Could be Less Than Expected
An article in Bloomberg discusses the narrowing gap between future U.S. LNG export prices and Asian LNG prices, and finds that based on available data, “the difference between U.S. and Asian gas is poised to drop by more than 60 percent by 2020, leaving exporters facing a loss of as much as $6 million per tanker.” The article also states that according to Royal Dutch Shell...
Selection of TransCanada to Build Pipeline to Third LNG Export Terminal Raises Possible Conflict Issues
Posted on Jan 14, 2013 in LNG Exports, Pipelines, State and Local Issues | Comments Off on Selection of TransCanada to Build Pipeline to Third LNG Export Terminal Raises Possible Conflict Issues
An article in the Alaska Dispatch discusses Progress Energy’s recent selection of TransCanada to build a pipeline to an LNG export terminal in Prince Rupert Sound, B.C. The article focuses on whether that decision, coupled with TransCanada’s selection to build a pipeline to an LNG export terminal at Kitimat, B.C., presents a conflict of interest with TransCanada’s...
Pangea LNG Files Application to Export LNG to Non-FTA Nations
Posted on Jan 14, 2013 in Federal Regulation, LNG Exports | Comments Off on Pangea LNG Files Application to Export LNG to Non-FTA Nations
Pangea LNG (North America) Holdings, LLC (Pangea), filed an application with the U.S. Department of Energy (DOE) seeking a 25-year authorization to export domestically produced LNG up to the equivalent of 398.5 Bcf/year to nations without a Free Trade Agreement with the United States. Pangea proposes to export the LNG from its proposed South Texas LNG Project to be located at the Port...