http://www.reuters.com/article/2013/06/13/us-usa-lng-exports-idUSBR...
Tillerson's (of Exxon) comments after meeting with Energy Sec. on Thursday June 13, 2013.
Tags:
A look at Exxon's plans for exporting LNG out of Canada to Japan.
http://seekingalpha.com/article/1523362-exxon-mobil-looks-to-slake-...?
And from there
http://www.ship-technology.com/projects/sayaendo-series-lng-carriers/
Vessels are currently expected to see service between Japan and Australia, but could also be used in other lanes
http://fuelfix.com/blog/2013/07/10/senators-tell-feds-hurry-up-on-l...
Interesting article about the permits for LNG terminals; 33 members of Congress want the process to be on a faster track.
Status report on where permits for exporting LNG stands written by the Center for Liquified Natural Gas.
http://www.ohio.com/blogs/drilling/ohio-utica-shale-1.291290/center...
http://online.wsj.com/article/SB10001424127887324260204578585883862...
U.S. and Canada Vie for Big Gas Projects
A drilling revolution in the U.S. and Canada has unlocked a glut of natural-gas reserves across the continent. That has sent prices tumbling—a boon for consumers and industrial users. But it has also sent energy companies scrambling for a way to profit by sending the cheap gas to Asia, where demand and prices are high.
Producers largely have divided up into two camps: One is betting on Canada's industry-friendly federal government and its closer proximity to Asia. The other group is hoping already-developed infrastructure in the U.S. will outweigh political uncertainty in Washington over large-scale exports of the cheap fuel.
Industry executives say most of the projects announced so far in the two regions won't be built, so companies are jostling to be first out of the gate. Eurasia Group, a research and consulting firm, estimates energy companies eventually could spend $50 billion converting existing liquid-gas import plants in the U.S. into export plants, while they may shell out an additional $60 billion to build such plants from scratch in Canada.
That spending spree will help shape energy prices around the world for decades to come. Currently, natural gas sells for just $4 per million British thermal units in North America but $16 per million BTU in Asia. Using LNG always will be more expensive than locally produced gas because converting gas into liquid, transporting it, and converting it back into gas is costly. But exporting LNG still can help narrow the price gap between North America and Asia, shaving power bills for manufacturers and consumers abroad.
The biggest economic impact will be in North America itself. The British Columbia government estimates that a single LNG plant will cost as much as $20 billion, creating 3,500 construction jobs and 200 to 300 permanent jobs.
Energy Dept. approves permit in Louisiana; now needs FERC approval.
http://online.wsj.com/article/SB10001424127887323477604578654070088...
After the permits are issued where is the LNG going?
http://gcaptain.com/freeport-lng-tolling-agreement-toshiba/
Under the 20-year agreement, Toshiba will buy 2.2 million tonnes of LNG each year from the Freeport plant’s third production unit, known as a train, from late 2018, Freeport said in a statement.
Output from the first two trains, which are expected to start in early 2018 pending regulatory approvals, has already been sold to Britain’s BP and Japanese utilities Osaka Gas and Chubu Electric.
Further development on Dominion exporting LNG from Cove Point; Dept. of Energy will permit up to .77 billion cubic feet per day for 20 years to be exported to places like Tokyo and New Delhi.
http://www.theintelligencer.net/page/content.detail/id/589697/Clear...
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