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To: Bearcatbob who wrote (182926)3/9/2014 12:00:34 PM
From: Hannoverian  Read Replies (2) | Respond to of 206184
 
BOB,
Unless I missed something the US exports 0 NG to Europe. IMHO that fact will remain for years, regarding my opinion, see the article from today's Houston Chronicle. Domestically the US does exports NG from S. Texas, mostly Eagle Ford NG, to Mexico & a concoction of US NG to Eastern Canada by existing US pipelines flowing northward. The only historical LNG export facility, an onshore Alaskan facility on the west side-I believe-of the Gulf of Alaska was shut down & may have or is being restarted to ship LNG to Asian markets, mostly Japan & South Korean. Per memory, recently the Alaskan facility has limited output because their offshore Alaskan NG supply is in decline production wise. & that as a fact, should come as a no surprise, that is Conventional NG production in decline due to a lack of drilling in response to low pricing, as in the NG strip, which is to incentivize drilling to any degree.

The article, in case the link does not work: Stakes are high for LNG export plan
The link: fuelfix.com

No editorializing of the article on my part, the ongoing battle is Keystone East, need I say more. & NG going to the EU, sounds nice. IMHO let the EU frac their own shale(s), build their own NG infrastructure & burn their own NG. EU boys fighting to defend the EU!



To: Bearcatbob who wrote (182926)3/9/2014 12:37:41 PM
From: Dennis Roth1 Recommendation

Recommended By
evestor

  Read Replies (2) | Respond to of 206184
 
U.S.-Flag LNG Ships Gain Support as Export Costs Seen Rising
bloomberg.com

...Proposals from Representative John Garamendi, a Democrat from California, and the Department of Transportation’s Maritime Administration would require exports of liquefied natural gas to use U.S.-made and -crewed ships. The shipping industry expects the moves to gather bipartisan support, said Clay Maitland, chairman of the Merchant Marine Policy Coalition, an industry group. While the changes would make LNG exports more expensive than using foreign tankers because no such U.S.-flagged vessels currently exist, supporters of the effort say that the U.S. merchant fleet is vital to national security. The proposals are gaining attention amid calls to ship gas to Europe to offset possible reductions in supply from Russia...

... Garamendi, 69, who sponsored the proposal as an amendment to the Coast Guard Reauthorization Bill, said in a phone interview. “I’m not here to make the gas industry happy -- I’m interested in building the American economy and the manufacturing sector, of which the shipbuilding industry, for strategic defense purposes, has to remain strong,” he said.

In effect the moves would put exports of the fuel -- and later, possibly crude oil -- under the same rules that restrict domestic cargoes to U.S. ships...

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UPDATE 1-U.S. senator launches bill to go slow on LNG exports despite Ukraine

reuters.com

... U.S. Senator Edward Markey introduced a bill on Thursday to make the Obama administration's approval of liquefied natural gas (LNG) exports more complicated, saying expedited permits will not help Ukraine and Europe manage Russia's control of fuel supply...

...An energy policy analyst said proponents of fast-tracking LNG exports need to be careful lest they unintentionally trigger a new rule making by the administration that could slow the approval process."Changing the process midstream may provide the administration an unintended opportunity to re-evaluate its current strategy," Whitney Stanco of Guggenheim Securities said in a note to clients...