DOE/FE asked the U.S. Energy Information Administration to assess how specified scenarios of increased natural gas exports could affect domestic energy markets, focusing on consumption, production, and prices.
More at Energy Information Administration.
Natural gas in the Northeast trades at premium prices compared to the rest of the United States due to pipeline constraints during periods of high demand in the winter. Liquefied natural gas has met over 25% of New England’s average daily natural gas demand since November 2010.
More at Energy Information Administration.
Malaysia is a significant producer of oil and natural gas located along important ocean shipping routes of the energy industry. The country has enormous natural gas reserves and is the world’s third largest exporter of LNG.
More at Energy Information Administration.
A growing abundance of domestic natural gas and higher gas prices in other countries place the United States in a position to become a major exporter of liquified natural gas. An article on NASDAQ.com explores a number of events that could prevent tha…
More at NASDAQ.
An article on the MarketWatch website reviews how the United States has rapidly shifted from an importer of natural gas to an aggressive exporter.
More at MarketWatch.
Some people believe that the current abundance of natural gas in the United States creates an opportunity to export to locations where gas prices are higher. Others believe that the gas should be kept in the United States to reduce our energy dependan…
More at Reuters.
The Energy Information Administration has an interactive map that displays energy infrastructure features in the Gulf of Mexico region. It includes power plants, transmission lines, LNG terminals, natural gas hubs, pipelines, oil ports, refineries, ac…
More at Energy Information Administration.
An article on the Philly.com website explores areas of market expansion for natural gas. Enormous amounts could be: used as a vehicle fuel, used to produce plastics, used to produce electricity and converted to LNG for overseas export. Each of these …
More at Philly.com.
The CEO of TransCanada Corporation says that the company is still focused upon delivering their natural gas overland to the United States rather than shipping it as LNG to Asia – but Asia is an option.
More at NASDAQ.
Alaska has an abundance of natural gas and there is a proposal in the state legislature for building a pipeline to the southcentral Alaska port where the gas would be condensed and shipped to Asian markets as LNG.
More at Alaska Daily News.
The Energy Information Administration has published a new country analysis brief for Australia. The country is the largest exporter of coal and the fourth largest exporter of liquefied natural gas.
More at Energy Information Administration.
Natural gas companies can produce more gas from their Haynesville Shale wells than local and pipeline markets can consume. A liquefied natural gas export facility is planned for Sabine Pass, Louisiana that will condense natural gas to LNG and ship it …
More at Shreveport Times.
Dominion Resources is seeking permission to condense natural gas produced from the Marcellus Shale into LNG (liquefied natural gas) for export from their Cove Point facility at Lusby, Maryland.
More at FuelFix.com.
A terminal to ship liquefied natural gas from Canada to Asian markets is being built near Kitimat, British Columbia. The terminal will have a significant transportation distance advantage over natural gas projects being built in Australia and Indonesia.
More at CTV.ca.
Chevron is developing the Wheatstone offshore natural gas field located off the coast of Western Australia. The first gas is expected to be produced in 2016 and prepared for international shipment as LNG.
More at ABC Rural.
Natural gas prices in Asia are three times higher than prices in North America. Natural gas producers, Apache, Encana and EOG Resources hope to cash in on that by building a liquefied natural gas plant near Kitimat, British Colombia that will prepare …
More at Business Week.
The cost of liquefied natural gas (LNG) being imported by Japan has been rising sharply since the earthquake and tsunami damaged of their nuclear power generating capacity. Quoted from the Energy Information Administration article.
More at Energy Information Administration.
Construction on the Kitimat LNG export terminal is about to begin. The facility on the northern coast of British Columbia is being built with an eye on the Asia-Pacific market. New terminals are also underway at Douglas Channel and Prince Rupert. Mo…
More at Edmonton Journal.
Anticipating price increases, liquefied natural gas consumers in the Asia-Pacific region are trying to lock in long-term LNG contracts.
This seems contrary to lots of new LNG capacity coming online in Australia, Indonesia, Canada, Qatar and the Unite…
The Baker Institute for Public Policy at Rice University has published a report titled: “Shale Gas and U.S. National Security”. “This study assesses the impact of U.S. domestic shale gas development on energy security and U.S. national security, with emphasis on the geopolitical consequences of rising supplies of U.S. natural gas from shale and the implications for U.S. foreign policy.” Quoted from the report summary.
The sendout from liquefied natural gas terminals in the United States has declined to very low levels. July sendouts have typically averaged about 1.6 billion cubic feet per day but now they average about 0.38 billion cubic feet per day. Increased natural gas production in the United States is reducing the need for imports.
Royal Dutch Shell is planning to build the world’s largest floating liquefied natural gas (LNG) plant above a natural gas field off the coast of Western Australia. The project is in response to an anticipated doubling of the Asian demand for LNG.
“DOE issued conditional authorization to Cheniere Energy’s application to export LNG from its Sabine Pass terminal in Louisiana. Cheniere plans to retrofit the existing import terminal to give it liquefaction capability. Cheniere has been authorized to export up to 2.2 Bcf/d of natural gas from the facility for a period of 20 years.” Quoted from the Energy Information Administration Weekly Natural Gas Update.
“Net imports of natural gas continue at much lower levels than in previous years, likely as a result of higher U.S. domestic production. [...] During the report week, net Canadian imports averaged 5.3 Bcf per day, which is 20.7 percent lower than the same week in 2010. Sendout from U.S. liquefied natural gas (LNG) import terminals averaged about 1.1 Bcf per day during the report week, or 8.2 percent lower than the same week in 2010.” Quote from the Energy Information Administration’s Natural Gas Weekly Update.
An article on the EnergyTribune.com website reviews how just a few years ago LNG terminals were being built in the United States to receive liquefied natural gas, yet today some of those same terminals and more are candidates for exporting the same commodity.
The Congressional Research Service has a new report that addresses the international movement of natural gas. About 70% of the natural gas produced is consumed in the same country. This leaves 30% of all gas production moving via international trade. This trade occurs through pipelines and LNG shipments. The map below shows the global pattern of the international natural gas trade.
The United States has either a short-term glut or a long-term supply of shale gas. An article on Platts.com explores the idea of exporting shale gas from the United States. There are political and commercial perspectives.
Heckman Water Resources will become the operator of the largest fleet of LNG trucks in North America as they purchase 200 Peterbilt vehicles that will be used to haul water for Encana’s Haynesville Shale drilling operations. Encana will provide the LNG from a mobile refueling station. More in the Oil and Gas Journal.
“Qatar exported 1,800 billion cubic feet (Bcf) of liquefied natural gas (LNG) in 2009, about 20% of total global trade, based on analysis in EIA’s recently released Qatar County Analysis Brief. Qatar’s annual LNG exports are equivalent to 8% of U.S. annual marketed natural gas production. Qatar has 14% (896 Bcf) of the world’s estimated proved natural gas reserves and is the world’s leading supplier of LNG. Qatar, located in the Persian Gulf, is also a member of the Organization of the Petroleum Exporting Countries and produces about 800,000 barrels per day (bbl/d) of crude oil.” Chart and quote from the Energy Information Administration
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Shell and Qatar Petroleum’s Qatargas joint venture has shipped its first cargoes of LNG from Qatar to Gujarat in northern India. Qatargas has now become the world’s largest LNG producer. More at AME.
