Just a few years ago hopes were running high Down Under. Liquefied natural gas (LNG) prices were increasing almost every month on the back of increased gas demand from Japan amid the shut down of its 50 nuclear reactors after the Fukushima nuclear accident in March 2011. Australia, who had already begun an unprecedented LNG… Keep reading →
US natural gas will soon be exported to Asian markets in the form of LNG, and while this represents a major step change in global gas trade, US volumes alone will not solve the region’s gas demand challenges. This is one of the points IEA Executive Director Maria Van der Hoeven made today in remarks… Keep reading →
Canada needs to “get its house in order” regarding carbon emissions, according to Liberal Party leader Justin Trudeau. If Canada shows it’s serious about dealing with climate change by putting a price on carbon at the national level – Alberta has a carbon tax structure – then it would be easier for the Obama administration… Keep reading →
Williams Partners subsidiary Transcontinental Pipeline will build a 1.2 million dekatherm per day expansion to supply the Cheniere Energy Partners Sabine Pass Liquefaction project being developed in Cameron Parish, La. “Gulf Trace is a pivotal project at an extremely important time for Transco and the U.S. natural gas industry as a whole,” said Rory Miller,… Keep reading →
Countering the Russian incursion into Crimea, the House Energy and Power Committee is debating multiplying American LNG exports, and sending shale gas in liquid form to countries overseas, a move that consultants say will raise US electricity prices. A knock-on effect of sending more shale gas abroad is that US electricity companies that have gas-fired… Keep reading →
In the wake of the Ukraine crisis and amid heightened pressure on the Obama Administration to speed up the approval process for new liquefied natural gas (LNG) export plants, the geopolitical argument over LNG exports has gained traction in Congress as reflected in various already held committee hearings on the LNG export issue and drafted… Keep reading →
In yesterday’s Senate Energy and Natural Resources Committee testimony, EIA Administrator Adam Sieminski said US natural gas looks poised for significant export growth over the next 25 years – via both pipeline and LNG – but numerous indigenous and exogenous factors could alter that outlook. The answer to the hearing’s question-phrased title – “Importing Energy, Exporting… Keep reading →
In what could already be described as stunning news – and would become a stunning development if it materialized – is a report by Reuters that the United Arab Emirates (UAE), an OPEC oil producer situated in the Persian Gulf, is “said to be looking at the possibility of importing natural gas from North America.”… Keep reading →
Although the US does not yet export crude oil or LNG from the lower 48, the oil and gas production boom that exploded onto the scene in the past few years is having knock-on effects in other countries. So which ones benefit and which are getting left behind? Industry experts discussed the geopolitical implications associated… Keep reading →
