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Report Studies Unconventional Gas Supply Development and the Effects of Increased U.S. LNG Exports on World Gas Prices

A new report from the International Energy Agency, “Golden Rules for a Golden Age of Gas,” examines rules needed to ensure that unconventional gas production is both environmentally and socially acceptable, and studies the effects of increased unconventional gas production worldwide and increased U.S. LNG exports on world gas...

Analysts Disagree Whether U.S. LNG Exports Will Result in Global Gas Price

Analysts at an industry conference held this week in Houston disagreed whether U.S. LNG exports may cause natural gas prices in the U.S., European, and Asian markets to converge into a single global gas price. Read more in Platts LNG Daily [subscription...

Europe Obvious Market for U.S. LNG Exports

Bans on hydraulic fracturing in several European countries make the continent an obvious market for U.S. LNG supplies, according to energy analyst and author Daniel Yergin.  Attractive pricing and a predicted increase in demand have also contributed to turning Europe into a target market for U.S. gas producers.  Read more in the Bloomberg...

Agency: Potential U.S. LNG Exports No Threat to Australian LNG Projects

“Potential U.S. gas exports do not represent a big threat to Australian LNG projects currently under construction,” according to Dougal Crawford, an economist with Australia’s Export Finance and Insurance Corporation.  The government agency predicts that the U.S. will not become a major LNG exporter and that U.S. LNG supplies will not displace Australia’s position in...

Korea Looking to Secure U.S. Shale Gas for Potential LNG Supplies

To help supply its domestic energy needs, Korea National Oil Corporation is considering investing in U.S. shale gas companies as a possible source of LNG for its home market.  Read more in...

CEO of ConocoPhillips Says U.S. LNG Exports Are “Reasonable”

Ryan Lance, the chief executive of ConocoPhillips, said yesterday that he believes LNG exports from the Continental United States are “reasonable” due to the excess of U.S. natural gas supplies. According to Fox Business, Lance went on to say that ConocoPhillips and its other partners in the Golden Pass LNG import project, ExxonMobil and Qatargas, are discussing the future...

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