Liquefied natural gas (LNG) is often regarded as extremely dangerous and toxic with container ships called floating bombs. But is this perception accurate? The historical reality is that LNG has the best safety record of all common fuel types and is completely non-toxic. Of course natural gas vapors are flammable and present safety hazards that… Keep reading →
Proponents of a “commercial maturity test” for LNG export projects suggest that it could help to bridge the gap between those who support and those who oppose allowing the market to determine how much natural gas the US will sell abroad. But changing the rules mid-stream could give some project developers an edge, and even… Keep reading →
President Obama’s nominee to lead the Department of Energy, Ernest Moniz, dealt with questions about LNG exports from both sides of the aisle during his Senate Committee on Energy and Natural Resources hearing held Tuesday April 9th.
If confirmed, which is widely expected, Moniz would be in charge of the department responsible for issuing some of the permits needed to export LNG from the US. He previously supported exports in a co-chaired 2011 MIT report entitled “The Future of Natural Gas,” which concluded “The U.S. should sustain North American energy market integration and support development of a global ‘liquid’ natural gas market with diversity of supply. A corollary is that the U.S. should not erect barriers to natural gas imports or exports.” Keep reading →
