lng

jobs multiplier effect?

LNG exports are projected to produce annual increases in revenue to federal, state and local governments of between $6.4 billion to $9.3 billion in the base scenario to $27.9 billion to $40.4 billion in the high-export scenario by 2035.[read more]

LNG tanker

President Obama is preparing to decide how much liquified natural gas (LNG) from the the U.S. boom in shale natural gas production it makes sense to export. Economically and geopolitically a lot hangs in the balance.[read more]

LNG exports/shutterstock

The Shale Gale, unleashed by technological breakthroughs in horizontal drilling and hydraulic fracturing, has also led to a discussion of the United States potential to become a net-exporter of natural gas for the first time ever.[read more]

West Africa, a region larger than Western Europe, and covering a population of almost 300M people, is one of the most power-deficient parts of the world. To what extent could Liquefied Natural Gas (LNG) play a role in helping West Africa overcome its power issues?[read more]

Gas majors Anadarko Petroleum, ENI and BG Group have discovered over 100 trillion cubic feet (tcf) of natural gas reserves off the coasts of Mozambique and Tanzania. Could these discoveries make East Africa as big of an energy exporter as Nigeria?[read more]

www.abc.net.au

Floating liquid natural gas, the notion of performing gas liquefaction offshore on a floating vessel near the point of extraction, has seen a growth in interest since around 2006. Several companies prepared a Floating LNG concept and performed research to develop some non-existing, though indispensable, technological components. During...[read more]

Diesel Fuel via Shutterstock

The announcement last month of a $21 billion project to capitalize on abundant, low-cost US natural gas should have caught the attention of everyone interested in this resource. As reported in the New York Times, Sasol, a South African energy company, intends to build a 96,000 barrel-per-day gas-to-liquids (GTL) plant in southwestern Louisiana.[read more]

The recent projections for future energy consumption from Exxon Mobil’s report, “Outlook for Energy,” and the EIA’s “Annual Energy Outlook, 2013” essentially said the same thing concerning the potential for natural gas and its derivative methanol: Natural gas use now is only about 1 percent of the total fuel used in vehicles, and by 2040...[read more]

Alaska via Shutterstock

The Governor of Alaska reportedly met this week with officials from the South Korean national gas company to discuss exports of liquefied natural gas (LNG). Ever since crude oil production on Alaska's North Slope ramped up in the 1980s, industry observers have speculated about the ultimate disposition of the significant associated...[read more]

Oil Tanker via Shutterstock

Last week, U.S. Gulf of Mexico natural gas exports took a step closer to reality with the release of NERA Economic Consulting’s study for the U.S. Department of Energy concluding that the economic benefits (including wealth transfer affects) from liquefied natural gas (LNG) exports from the U.S. Gulf coast will outweigh the losses from “reduced capital and wage income to U.S. consumers.”[read more]

LNG Tanker via Shutterstock

Big news in a just-released study conducted for the U.S. Energy Department, which finds that allowing U.S. liquid natural gas exports would help the economy – and increasingly so as LNG exports grow. NERA Economic Consulting analyzed 16 different export scenarios, incorporating different assumptions about U.S. natural gas supply and...[read more]

LNG Tanker via Shutterstock

My journalist daughter always reminds me “Don’t bury your leads”, so here goes:  we are not just ill-advised, but downright foolish to expand the export of liquefied natural gas (LNG). There are several reasons why.World LNG prices are based on the price of crude oil or its products.  This ignores the fact that natural gas is...[read more]

I just ran across British Columbia's new provincial natural gas strategy, which includes a specific strategy for expanding liquefied natural gas (LNG) production as a way to mitigate global climate change. That might sound odd to those who are worried--unnecessarily--that gas might be even worse than coal, emissions-wise, but the...[read more]

Last week US liquefied natural gas provider Cheniere signed a long-term agreement to sell BG (formerly British Gas) LNG exported from the Gulf Coast. The governor of Alaska was also recently quoted suggesting that his state's surplus natural gas might find a better market in Asia than if sent to the lower-48 via a new pipeline. Both...[read more]

An article titled Backlash Against Nuclear Power Hits the Bottom Line provides some interesting food for thought about the intricate connections associated with the world’s $6 trillion per year energy market. Here is the first quote I want you to ponder.[read more]