The oil and gas industry is pushing a government study that they say vindicates their push to lift the nation’s 40-year-old ban on oil exports. [The Washington Examiner] The Sabine Pass LNG terminal will go live later this year, revealing innovative techniques that will launch the U.S. as a net exporter of natural gas. [Bloomberg]… Keep reading →
WASHINGTON – The Energy Department has announced that it has issued a final authorization for Sabine Pass Liquefaction, LLC’s Expansion Project (Sabine Pass) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States. The Sabine Pass LNG Terminal in Cameron Parish, Louisiana… 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 →
The US Department of Energy announced yesterday that it had issued a conditional approval for LNG exports to countries with which the US does not have a free trade agreement from Dominion’s Cove Point LNG project. This brings the number of projects with non-FTA export approval to four – Sabine Pass, Freeport, Lake Charles and… Keep reading →
A year ago, it was common for energy executives, regulators and critics to marvel at the sense of whiplash they felt from the extraordinary revival of North American natural gas production. Technology shifts long in the making but broadly below the radar of markets underpinned an expansion of the fuel’s market share amid low pricing… Keep reading →
The proposed 6 million ton per annum (mtpa) Jordan Cove LNG export facility in Coos Bay, Oregon has completed the front-end engineering and design and pre-construction phases, but if and when the project clears federal regulatory hurdles, it may still face political opposition at the state level. Infrastructure firm Black & Veatch and construction and… Keep reading →
Oilfield service companies are being told to prepare for a ramp-up in natural gas drilling next year as the outlook for prices continues to improve, according to Barclays Oil Services and Drilling analyst James West. West presented the results of a semiannual survey of more than 300 oil and gas companies’ budgeted global upstream capital… Keep reading →
The large gap between domestic US natural gas prices and LNG prices in European and Asian markets that underlies the rationale for US LNG exports has raised the question: when US gas is sold abroad, who captures that spread? The difference between low prices paid for gas produced in the US – currently trading at… 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 →
Ten major natural gas export terminal projects are sparking a debate over the complicated balance between low domestic prices and the health of natural gas producers facing contracting returns on their investment in new production.
Would US exports of liquefied natural gas support an industry that’s struggling to produce the fuel at record-low prices, or would they deprive gas users of the benefits of those super-low rates? Keep reading →
