Exports

The United States may be able to “considerably” increase its natural gas demand and gas exports from North American offer compelling market opportunities, but the Marcellus Shale will dictate the direction in any scenario, according to the Canadian Energy Research Institute (CERI).

It will be some years before tanker loads of liquefied natural gas (LNG) steam out of U.S. ports, but shale gas is already having an impact on world markets “because of all the LNG the U.S. is not importing,” U.S. Energy Secretary Ernest Moniz said Monday.

The Department of Energy (DOE) should move forward on all liquefied natural gas (LNG) export applications “in a timely manner,” development of natural gas resources should be a priority for the United States, and lawmakers should help clear the way by opposing any polices that would delay or prohibit LNG exports, according to areportissued Tuesday by Sen. Lisa Murkowski (R-AK), the ranking member on the Senate Energy and Natural Resources Committee.

Lake Charles Exports LLC is conditionally authorized to export at a rate of up to 2 Bcf/d, bringing the potential total U.S. LNG exports to 5.6 Bcf/d.

U.S. natural gas prices have teased traders this year after the price surge in the spring, but a “more durable problem” remains, according to Stephen Smith Energy Associates.

ExxonMobil Corp. said it is interested in helping Ukraine develop its oil, gas, shale gas and coalbed methane (CBM) reserves, and estimates the country’s onshore and offshore gas resources could produce 45 billion cubic meters (bcm) (1.59 Tcf) by 2020.

Political enthusiasm for liquefied natural gas (LNG) exports reigns supreme in British Columbia (BC) as a result of the provincial election held last Tuesday.

Political enthusiasm for liquefied natural gas (LNG) exports reigns supreme in British Columbia (BC) as a result of the provincial election held Tuesday.

Once exports of liquefied U.S. natural gas begin, the global gas market will get its formal introduction to the hub in Louisiana named Henry. The response might only be a shrug, or even less. But gas markets will feel the hub’s presence, IHS Inc. Vice Chairman Dan Yergin told a Houston audience.