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Keyword: lng

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  • Here's why ocean shipping companies are switching to natural gas

    07/23/2015 10:04:02 AM PDT · by thackney · 40 replies
    Fortune ^ | JULY 23, 2015 | David Z. Morris
    The North American ocean carrier TOTE is deploying the world’s first container ships fueled by liquefied natural gas (LNG). The move anticipates imminent environmental regulations that are likely to trigger large shifts in the maritime shipping industry. TOTE is making the move to comply with the international Marpol Annex VI maritime emissions standards, first implemented in 2005. Restrictions on emissions like sulfur and nitrogen oxide will tighten in 2016 within designated emission control areas (ECAs), including the waters surrounding North America. Sulfur and nitrogen oxides are generated in large volumes by conventional maritime ships, which have long relied on so-called...
  • US Senate energy bill to speed LNG exports, clarify SPR sales limits

    07/23/2015 5:58:37 AM PDT · by thackney
    Platts ^ | 22 Jul 2015 | Platts
    Key US senators have reached a deal on a broad package of energy sector reforms that if enacted would speed decision-making on liquefied natural gas exports, focus the intent of the Strategic Petroleum Reserve and require reviews of how federal rules impact electric system reliability. The agreement on the bipartisan legislative package follows a number of Senate hearings in recent months and lawmakers' consideration of more than 100 bills offered for inclusion in the wider package. The bill unveiled Wednesday is also the result of negotiations between the two leaders of the Senate Energy and Natural Resources Committee -- Chairman...
  • Exxon Mobil gets DOE approval for wider LNG exports at Alaska terminal

    06/02/2015 8:05:03 AM PDT · by thackney · 3 replies
    Dallas Business Journal ^ | Jun 1, 2015 | Nicholas Sakelaris
    Irving, Texas-based Exxon Mobil Corp. said June 1 it received authorization to export liquefied natural gas to non-free trade agreement countries at its Alaska LNG terminal. The proposed project received conditional authorization from the U.S. Department of Energy to export up to 20 million metric tons per year of LNG for 30 years. The terminal previously received authorization to export to countries with U.S. trade agreements. “As with any large scale LNG project, access to as many markets as possible will improve the commercial viability of the proposed project,” Steve Butt, Alaska LNG senior project manager, said in a statement....
  • Net imports of natural gas fall to lowest level since 1987

    05/22/2015 5:10:54 AM PDT · by thackney
    Energy Information Administration ^ | MAY 21, 2015 | Energy Information Administration
    U.S. net imports of natural gas decreased 9% in 2014, continuing an eight-year decline. As U.S. dry natural gas production has reached record highs, lower domestic prices have helped to displace natural gas imports. Net natural gas imports (imports minus exports) totaled 1,171 billion cubic feet (Bcf) in 2014, the lowest level since 1987. Imports by pipeline from Canada account for nearly 98% of all U.S. natural gas imports, and were the main driver of the decrease in total imports. Net imports from Canada represented 7% of total U.S. natural gas consumption in 2014, down from 11% in 2009. U.S....
  • UGI to build second LNG plant

    05/20/2015 6:32:26 AM PDT · by thackney · 33 replies
    LNG World News ^ | May 15, 2015 | LNG WN
    UGI Energy Services, a UGI Corporation unit, said it plans to build a liquefied natural gas production facility in northern Pennsylvania that will utilize Marcellus Shale gas. The proposed facility will be adjacent to UGI Energy Services’ Manning natural gas compression station located in Wyoming County, Pennsylvania. Natural gas will be supplied by its Auburn gathering system, which transports Marcellus Shale gas produced from local wells to major interstate pipelines serving markets in the Mid-Atlantic region, the company said in a statement. The LNG plant, which will include both liquefaction and local storage, is expected to be in full commercial...
  • Feds hand key LNG export license to Cheniere’s Corpus Christi project

    05/14/2015 7:04:28 AM PDT · by thackney · 3 replies
    Fuel Fix ^ | Jennifer A. Dlouhy | May 13, 2015
    The Obama administration has delivered a critical natural gas export license to Cheniere Energy’s proposed liquefaction terminal in Corpus Christi, marking the first such approval for a greenfield project that would not be built on the footprint of an older LNG facility. With the move late Tuesday, the Energy Department is allowing Cheniere to export as much as 2.1 billion cubic feet per day of liquefied natural gas over the next 20 years from the planned facility to countries with which the United States does not have free trade agreements. The company announced Wednesday that its board of directors had...
  • Panama officials at OTC say expanded canal could be a gateway to LNG business

    05/06/2015 5:17:28 AM PDT · by thackney · 6 replies
    Fuel Fix ^ | May 5, 2015 | Robert Grattan
    HOUSTON — Panama is well positioned to serve as a distribution hub for the liquefied natural gas that will power Central America in the future, the country’s officials told attendees at Houston’s Offshore Technology Conference on Tuesday morning. The biggest advantage the country has is its namesake canal, an overseas shortcut linking the Atlantic and Pacific Oceans, panelists said at the breakfast talk. The canal is currently too small to handle LNG tankers, but a multi-billion dollar expansion is in the works that will allow all but the largest gas-carrying ships to pass. The massive construction project was interrupted by...
  • EIA: The U.S. will be a net natural gas exporter by 2040, even with the most conservative projection

    04/29/2015 5:09:47 AM PDT · by thackney · 9 replies
    Fuel Fix ^ | April 28, 2015 | Robert Grattan
    The U.S. could export anywhere between 0.2 trillion cubic feet and 10.3 trillion cubic feet of liquefied natural gas annually by 2040, according to the latest government projection. Where along that spectrum the actual figure lands will be determined by global energy prices and the availability of U.S. natural gas, the agency said in a Tuesday rehashing of projections made in the Annual Energy Outlook for 2015. The wide range of outcomes hasn’t stopped U.S. companies from proposing dozens of new export facilities. While market watchers have said that it’s unlikely all of these facilities will come online, several are...
  • India asks Qatar to cut LNG price by 60%

    04/27/2015 10:13:01 AM PDT · by thackney · 9 replies
    DNA India ^ | 27 April 2015 | PTI
    India has asked its largest liquefied natural gas (LNG) supplier Qatar to cut gas prices to match the 60% slump in global rates in last one year. India buys 7.5 million tonnes a year of LNG on a long-term 25 year contract, indexed to a moving average of crude oil price. The price of LNG from Qatar comes close to $13 per million British thermal unit as compared to the $6-7 rate at which it is available in the spot or current market. The high price of LNG under the long-term contract has led to users in fertiliser and power...
  • Floating LNG regasification is used to meet rising natural gas demand in smaller markets

    04/27/2015 5:52:02 AM PDT · by thackney · 6 replies
    Energy Information Administration ^ | APRIL 27, 2015 | Energy Information Administration
    Floating regasification is a flexible, cost-effective way to receive and process shipments of liquefied natural gas (LNG). Floating regasification is increasingly being used to meet natural gas demand in smaller markets, or as a temporary solution until onshore regasification facilities are built. Of four countries planning to begin importing LNG in 2015, three of them—Pakistan, Jordan, and Egypt—have chosen to do so using floating regasification rather than building full-scale onshore regasification facilities. Floating regasification involves the use of a specialized vessel called a floating storage and regasification unit (FSRU), which is capable of transporting, storing, and regasifying LNG onboard. Floating...
  • NASSCO launches 'green' containership

    04/21/2015 5:22:43 AM PDT · by thackney · 13 replies
    U~T San Diego ^ | APRIL 19, 2015 | Gary Robbins
    General Dynamics-NASSCO has launched Isla Bella, the first liquid natural gas-powered container ship that the Barrio Logan shipyard has built for the company TOTE. The 764-foot-long vessel slid down the launch ways Saturday at NASSCO, the last major shipyard on the West Coast. The company also is building a second vessel for TOTE under a contract that was signed in 2012. NASSCO said in a statement that the Marlin-class container ships “will be the largest dry-cargo ships of any kind in the world powered by LNG. The vessels ... will significantly decrease emissions while increasing fuel efficiency as compared to...
  • Natural gas industry lobbyists ask feds to put LNG projects on fast track

    04/17/2015 5:21:13 AM PDT · by thackney · 1 replies
    Fuel Fix ^ | April 16, 2015 | Rhiannon Meyers
    The U.S. should speed up its approval process for new liquefied gas export terminals if it wants to remain competitive against other countries eagerly preparing to supply the world with gas, a natural gas trade association argued Thursday. America’s Natural Gas Alliance on Tuesday called on the federal government to revamp its lengthy and expensive permitting process for projects aimed at exporting supercooled gas to foreign markets, arguing that such exports are in the country’s national interest. “The time is now for the U.S. to seize the day,” alliance President and CEO Marty Durbin said in a conference call with...
  • Mack Trucks Updates Its Natural-Gas Powered Semi Tractors

    03/10/2015 9:50:48 AM PDT · by thackney · 23 replies
    Green Car Reports ^ | Mar 9, 2015 | Stephen Edelstein
    Natural gas still hasn't really caught on as a fuel for private passenger vehicles, but it's slowly finding more success in commercial applications. The selection of natural-gas commercial vehicles is much larger, and using the fuel in fleets makes more sense from an environmental-impact standpoint than it does for individual cars. One company catering to this market is Mack Trucks, which announced that the natural-gas versions of its Pinnacle series trucks will get a handful of updates this year. These include a new Eaton UltraShift Plus automated transmission and Wingman Advanced safety system. The latter is essentially an adaptive cruise...
  • Lithuania signs US deal to replace Russian gas

    03/01/2015 6:28:08 PM PST · by WhiskeyX · 31 replies
    Yahoo! ^ | 28 February 2015 | AFP
    Lithuania said Saturday it had signed a trade agreement to buy liquified natural gas from the United States in a move aimed at reducing the EU Baltic state’s heavy dependence on Russian gas deliveries. Under the deal with Houston-based Chenier Energy company, the first LNG fuel is expected to arrive in Lithuania as early as next year, state-owned company Litgas said in a statement.
  • Deliveries of liquefied natural gas take edge off region’s supply gap

    02/03/2015 5:57:35 AM PST · by thackney · 5 replies
    Portland Herald Press ^ | February 1, 2015 | TUX TURKEL
    A tanker offloaded enough liquefied natural gas at Boston Harbor last week to heat 30,000 homes for a year, bolstering New England’s tight pipeline capacity just as a new wave of below-average temperatures threatens to strain energy supplies. But some advocates say this strategic slug of LNG during the coldest days of the winter can do more: It may help lower wholesale power prices from Connecticut to Maine, helping to hold down the cost of electricity for homeowners and businesses. That’s a debatable claim, but it highlights the intensifying dispute over whether New England power customers should spend billions of...
  • Environmentalists are Wrong about Port Ambrose LNG

    01/13/2015 5:16:02 AM PST · by thackney · 5 replies
    The Energy Collective ^ | January 13, 2015 | Edward Dodge
    The proposed Port Ambrose deepwater LNG terminal near New York City has been denounced by environmentalists as a dirty and dangerous export terminal in disguise. The reality is that LNG is the safest and cleanest fuel available and natural gas is critical in efforts to eliminate air pollution and save lives in New York City. Protesters showed up at a public hearing January 7 on Long Island to encourage Governor Cuomo to veto the proposal for the terminal. The Port Ambrose LNG terminal should be appreciated by environmentalists as a technological marvel that helps provide much needed seasonal supplies of...
  • Lithuania's LNG terminal receives first commercial cargo

    12/29/2014 2:44:53 AM PST · by WhiskeyX · 2 replies
    LNG World News ^ | LNG World News
    Lithuania’s LNG terminal at the port of Klaipeda has reached another milestone since the official start of operations earlier this month. According to Klaipeda port data, the 155,000 cbm Arctic Aurora LNG carrier delivered the first commercial cargo of liquefied natural gas from Statoil’s Hammerfest facility, on Tuesday. Earlier in October, Höegh LNG’s FSRU Independence received the first cargo that was delivered to Klaipeda for testing purposes. It was also delivered from Norway onboard the 160,000 cbm Golar Seal. The first commercial cargo signs the beginning of Lithuania’s independence from Russian gas. Lithuania’s President Dalia Grybauskaitė was recently quoted saying...
  • Lawmakers meet to discuss LNG projects, public not invited

    11/30/2014 12:56:25 PM PST · by Tailgunner Joe · 7 replies
    ktva.com ^ | November 28, 2014 | Dave Leval
    ANCHORAGE – Government business in Alaska is pretty much open to the public, except when it comes to natural gas. Lawmakers gathered at the Legislative Information Office in downtown Anchorage Friday, discussing information on the proposed Alaska liquified natural gas project. The public was not invited. Lawmakers who attended the hearing defended the action. “We have an ongoing project that is closer that ever before at bringing the necessary parties together to make an Alaska North Slope pipeline happen,” said Rep. Mike Hawker. Gov.-elect Bill Walker discussed the secret session with KTVA as the meeting took place. “Public money is...
  • Natural Gas Vehicles See Steady Growth

    11/19/2014 5:27:49 AM PST · by thackney · 51 replies
    Oil Price ^ | 14 November 2014 | Editorial Dept
    While everyone is watching to see how low oil prices will affect U.S. shale drillers, natural gas production continues to rise. Each month, the U.S. posts new production highs (see chart), and 2014 is shaping up to be a record year for natural gas drillers. With production ratcheting upwards, the U.S. has been able to achieve record levels of storage injections, building back inventories after last winter walloped the east coast and depleted supplies. The abundance of natural gas is allowing utilities to increasingly burn the fuel in power plants for electricity – a well-known trend that continues to accelerate....
  • Many moving parts, North Slope LNG project for Interior gas supply continues to take shape

    11/15/2014 5:57:05 AM PST · by thackney · 7 replies
    Petroleum News ^ | Week of November 16, 2014 | Alan Bailey
    With many stakeholders, several major interrelated components and an aggressive timescale, the Interior Energy Project presents something of a challenge. The project, with funding support from AIDEA, or the Alaska Industrial Development and Export Authority, is designed to bring affordable natural gas to Fairbanks and the Alaska Interior via a to-be-constructed liquefied natural gas plant on the North Slope and an LNG trucking operation on the North Slope Haul Road. AIDEA has commissioned engineering firm MWH to manage the construction of the LNG plant. The Interior Gas Utility and Fairbanks Natural Gas, the two Fairbanks gas utilities, will arrange the...
  • Qatar spends big on American choppers and missiles

    07/15/2014 3:49:45 PM PDT · by sukhoi-30mki · 8 replies
    The Washington Post ^ | 07/14/2014 | By Thomas Gibbons-Neff
    Qatar, the world’s top liquefied natural gas exporter, is using its gas money to cash in on some top-of-the-line U.S. supplied military hardware. Qatar’s defense minister, Hamad Bin Ali al-Attiyah, met with Secretary of Defense Chuck Hagel and signed acceptance letters for $11 billion worth of Apache attack helicopters, Patriot missile defense batteries and anti-tank Javelin missiles, the Pentagon said in a statement Monday. “Today’s signing ceremony underscores the strong partnership between the United States and Qatar in the area of security and defense and will help improve our bilateral cooperation across a range of military operations,” said Rear Adm....
  • Proposed LNG plant aims to fuel drilling rigs, pressure pumpers

    10/07/2014 5:31:22 AM PDT · by thackney · 31 replies
    Fuel Fix ^ | October 6, 2014 | Rhiannon Meyers
    Drilling companies in the booming Permian Basin may soon have an option to power their heavy-duty equipment with the same stuff they’re pumping from the ground. Stabilis Energy, a Beaumont-based company that has been marketing liquefied natural gas to oil field companies, plans to partner with Flint Hills Resources to build a LNG plant in Odessa tailored toward providing fuel for high horsepower engines in drilling rigs and pressure pumpers. The companies did not disclose the cost of the project, which is expected to have a capacity of about 100,000 gallons of LNG per day. Pending final approval by the...
  • Dominion welcomes final FERC approval for Cove Point LNG

    09/30/2014 7:17:47 AM PDT · by thackney · 3 replies
    LNG Industry ^ | 30/09/2014 | Katie Woodward
    Dominion Energy has welcomed the Federal Energy Regulatory Commission’s final approval to site, construct, and operate the Cove Point LNG liquefaction and export project. “We are pleased to receive this final approval that allows us to start constructing this important project that offers significant economic, environmental and geopolitical benefits,” said Diane Leopold, President of Dominion Energy. “This order is based on more than two years of thorough, exhaustive analysis by FERC along with numerous other federal and state agencies. It also reflects a robust public input process. Dominion is dedicated to constructing a safe, secure, environmentally compatible and reliable export...
  • What energy exports are doing for Houston's job surge

    09/23/2014 8:05:01 AM PDT · by thackney · 24 replies
    Houston Business Journal ^ | Sep 16, 2014 | Jordan Blum
    U.S. energy exports, much of which come from the Houston region, represent a large chunk of the nation's overall export growth in the coming years, according to a new national HSBC Bank USA report. The banking report notes that Houston will see an additional job creation surge going forward partially because of energy exports that target emerging foreign markets. HSBC specially mentions that "chemical plant expansions and liquefied natural gas terminal upgrades, coupled with the opening of Mexico's energy industry to foreign investment, will result in a new export boom for Houston and will create more than 55,000 new jobs."...
  • Poland Plans Gas Hub to Kill Reliance on Russian Energy

    09/18/2014 8:27:38 AM PDT · by Blackyce · 17 replies
    Moscow Times ^ | 09/08/2014 | Reuters
    Poland Plans Gas Hub to Kill Reliance on Russian Energy ReutersSep. 18 2014 14:41 Last edited 14:41 Poland is taking steps towards creating a gas trading and transit hub in Central and Eastern Europe aimed at accomplishing what much of the region has failed to do: shake off almost complete reliance on Russian gas imports. Poland will open a liquefied natural gas terminal in 2015 and build new pipelines — including a planned north-south corridor stretching to Croatia — to help ease the grip of Russia's Gazprom over former Soviet bloc nations. Central Europe's biggest economy, which also intends to upgrade gas links to Lithuania to allow the re-export of gas to the Baltics, has said it plans to build 2,000 kilometers of pipelines criss-crossing the country...
  • Next LNG steps approved {LNG for Alaska consumption, not exports}

    09/05/2014 8:06:09 AM PDT · by thackney · 14 replies
    Petroleum News ^ | September 07, 2014 | Alan Bailey
    AIDEA board OKs early work, concession for North Slope plant for Interior supplies On Aug. 25 the board of the Alaska Industrial and Export Authority passed a couple of resolutions that move forward a project to build a liquefied natural gas plant on the North Slope, for the supply of natural gas to Fairbanks and the Alaska Interior. One resolution authorizes AIDEA to spend $1.6 million, in addition to an existing commitment of $4.5 million, for the early procurement of long lead-time items needed for the plant, while the engineering and design work for the plant is still in progress....
  • Slow Going for Natural-Gas Powered Trucks

    08/26/2014 6:14:13 AM PDT · by thackney · 38 replies
    Wall Street Journal ^ | Aug. 25, 2014 | BOB TITA
    ...Higher purchase prices compared with diesel trucks, improved diesel fuel economy and continued scarcity of fueling stations are damping natural-gas-powered truck demand. About 10,480 of the heavy-duty trucks are expected to be sold this year, up 20% from the 8,730 sold last year, according to Power Systems Research. However, some forecasters had expected sales to about double to 16,000 vehicles this year amid the trucking industry's enthusiasm for natural gas a year ago. What happened? A big roadblock remains the premium for a heavy-duty gas truck—$50,000 more than the about $150,000 for a new diesel-powered truck. In theory, the payback...
  • Douglas-Westwood: 'Australian LNG - A Lost Cause?'

    08/12/2014 5:19:09 AM PDT · by thackney · 4 replies
    Fuel Fix ^ | August 12, 2014 | Douglas-Westwood
    Douglas-Westwood, a UK-headquartered provider of energy business strategy, research and commercial due-diligence services, commented on "Australian LNG - A Lost Cause?" in its latest edition of DW Monday. DW MONDAY: "AUSTRALIAN LNG - A LOST CAUSE?" Recent news headlines on the liquefied natural gas (LNG) sector in Australia seem to be centered around its unsustainable rising costs. Woodside Petroleum had to ditch plans last year for its Browse LNG plant, which had gone way over budget at an estimated cost of $80 billion. In the interest of continuing the development, Woodside and its partners have now turned to floating LNG...
  • Companies take a big step toward LNG export plant in Louisiana

    08/08/2014 11:16:42 AM PDT · by thackney · 9 replies
    Fuel Fix ^ | August 7, 2014 | Ryan Holeywell
    Sempra Energy, GDF Suez and other investors in the Cameron LNG project have made their final investment decision on the project and intend to move forward with it, the companies announced this week. The facility will be located at Sempra Energy’s existing Cameron LNG import terminal in Hackberry, La. It is expected to cost around $10 billion. “Today’s commitments from our project sponsors and international banks put us one step closer to delivering domestic natural gas to America’s trading partners in Europe and Japan,” Sempra LNG president Octavio M.C. Simoes said in a statement. The facility will have three liquefaction...
  • Battle of the Fuels: Will Natural Gas Replace Diesel?

    08/08/2014 4:28:32 AM PDT · by thackney · 22 replies
    Motely Fool ^ | July 28, 2014 | Jonathan Cook
    The U.S. Energy Information Administration (EIA) administrator, in his March report to the Committee on Energy and Natural Resources of the U.S. Senate, stated that EIA analysis shows that during the next 25 years, natural gas will grow dramatically in use by freight trucking and other commercial transportation modes. Source: EIA, Annual Energy Outlook 2014.The New York Times profiled the freight truck natural gas conversion process in an April 2013 article and recently reported plans by the Obama Administration to impose tough new fuel efficiency standards for big trucks, potentially reducing diesel's competitiveness.In addition, NGV Today, the publication for the...
  • US DOE approves Oregon project to export LNG

    07/31/2014 1:23:54 PM PDT · by Tailgunner Joe · 1 replies
    reuters.com ^ | July 31, 2014 | Timothy Gardner
    WASHINGTON, July 31 (Reuters) - The U.S. Energy Department on Thursday approved Oregon LNG to export liquefied natural gas, as the Obama administration works through applications to export fuel from the domestic drilling boom to markets in Asia and Europe. Oregon LNG, which is controlled by Leucadia National Corp , has been authorized by the department to export up to 1.25 billion cubic feet per day of the fuel for 20 years. It hopes to begin exporting LNG in 2017. The Astoria, Oregon-based project still needs approval from the Federal Energy Regulatory Commission (FERC), which will review the project's environmental...
  • Philippines Considers LNG Import Receiving Options

    07/04/2014 6:23:35 AM PDT · by thackney · 1 replies
    Rig Zone ^ | July 04, 2014 | Cheang Chee Yew|
    Like most of its Asian neighbors, the Philippines has been a net energy importer for decades. The country’s dependence on hydrocarbons is relatively lower as compared to South Korea or Singapore as it has alternatives such as geothermal, hydropower and other renewable sources for electricity generation. But rising energy consumption and the expected depletion of gas resource at the offshore Malampaya field – the country’s major gas development – in a decade’s time has induced the Philippines to seek alternative energy supplies. Liquefied natural gas (LNG) import, together with the accompanying gas receiving facilities, is one of the options being...
  • Advocates See US Gas Exports Spurring Major Job Growth

    06/27/2014 4:56:29 AM PDT · by thackney
    MNI ^ | JUNE 24, 2014 | Jon Hurdle
    The United States plans to export abundant supplies of liquefied natural gas could generate tens of thousands of new jobs in industries that supply producers of the fuel, according to industry participants and a new study. But critics claim that increased demand from energy-hungry overseas customers would drive up domestic natural gas prices, causing manufacturers' costs to rise, and deterring job creation. As Congress considers bills that would speed government approval of applications to build LNG export terminals, a trade association representing manufacturers and others that service the shale gas industry projected that the construction and operation of the multi-billion-dollar...
  • FERC approves Cameron LNG liquefaction, export project

    06/19/2014 12:38:44 PM PDT · by thackney · 5 replies
    Oil & Gas Journal ^ | 9/2014 | Nick Snow
    The Federal Energy Regulatory Commission authorized Cameron LNG LLC’s plan to build and operate facilities to liquefy and export natural gas from its existing LNG import terminal in Hackberry, La. FERC also approved Cameron Interstate Pipeline LLC’s application to construct and operate pipeline and compression facilities in Cameron, Calcasieu, and Beauregard Parishes to supply the Cameron LNG facility with domestically-produced gas. Sempra Energy Corp. owns the project. The June 19 actions marked the second time FERC has approved an LNG export facility. It approved the Sabine Pass liquefaction project in April 2012, which is under construction. Sabine Pass’s application to...
  • After Oil, Natural Gas May Be Next On North American Rails

    06/16/2014 12:07:12 PM PDT · by thackney · 1 replies
    Reuters via Rig Zone ^ | June 16, 2014 | Edward McAllister
    ...Buoyed by the unexpected success of crude by rail, companies are beginning to consider transporting natural gas as remote drilling frontiers emerge beyond the reach of pipelines, executives said. Natural gas by rail is years away and likely to face strong public resistance after a series of explosive crude-by-rail accidents. But the potentially multibillion-dollar development could connect gas-rich regions like North Dakota with urban centers, presenting an opportunity for railroads, drillers and tank car makers already cashing in from hauling oil on trains. It could also be a cure for environmentally unfriendly flaring, a growing problem in far-flung areas where...
  • Economics of natural gas don’t always add up for fleets

    06/13/2014 5:07:19 AM PDT · by thackney · 4 replies
    Fuel Fix ^ | June 12, 2014 | Ryan Holeywell
    Though natural gas is abundant in the U.S., whether it can serve as a financially viable transportation fuel is a difficult question to answer. Commercial fleet operators from across the country this week are in Houston discussing the economics of natural gas, which often is touted as a less expensive, cleaner-burning alternative to gasoline. But industry officials at the Natural Gas Vehicles USA conference say despite their hopes for natural gas, converting fleets to run on the fuel isn’t always easy. Though the fuel has its advantages, the finances of making it work for fleets don’t always add up. “There...
  • Alaska Voters Hold the Key to the North Slope

    05/16/2014 10:07:09 AM PDT · by thackney · 9 replies
    Fuel Fix ^ | May 16, 2014 | Brigham McCown
    As political shenanigans continue to delay approval of the Keystone XL pipeline, Alaskan voters hold the key to avoiding a similar fate for what could be North America’s largest pipeline project. At an estimated cost of at least $45 billion, the Alaskan LNG natural gas pipeline project will deliver jobs and provide a boost to the economy in towns and villages all along the 800-mile route stretching from the North Slope to the Kenai Peninsula. After decades of talking about how to tap into the vast gas resources on Alaska’s North Slope, this project is poised to make that reality....
  • Walden presses Obama to stop natural gas export delays

    05/08/2014 4:04:18 PM PDT · by Twotone · 2 replies
    Oregon Catalyst ^ | May 8, 2014 | Staff
    With Congressman Greg Walden’s leadership, the House Committee on Energy and Commerce passed a bill last week (H.R. 6) to prevent the Administration from sitting on natural gas export permit applications. The longest pending permit? Nearly 900 days. There are 24 such permits pending approval, including two in Oregon. Where does the rest of Oregon’s congressional delegation stand on the issue of exporting natural gas? We’re going to find out soon enough. Over the last six years, no other industry sector has generated more capital investment and jobs than oil and gas. It isn’t even close. Since the end of...
  • An Overview Of The Global LNG Market And Future Outlook

    04/27/2014 9:02:48 AM PDT · by shove_it
    Seeking Alpha ^ | 25 Apr 2014 | Elliott Gue
    Summary Supply-demand balance in the global LNG market remained tight in 2014, thanks to China's rapidly growing demand for this commodity and limited capacity additions on the supply side. Tightness should continue through the end of 2016, with the next slug of export projects in Australia bringing a degree of price relief and potentially redirecting some cargos back to Asia. The global LNG market should loosen toward the end of the decade as additional supplies come onstream and some contract rotation occurs. Against this backdrop, the Asian market's premium to North American natural gas (after liquefaction and transportation costs) could...
  • The next Keystone? Natural gas project draws environmentalist ire

    04/23/2014 3:33:29 PM PDT · by jazusamo · 7 replies
    Fox News ^ | April 23, 2014 | Mike Emanuel
    A liquefied natural gas facility in southern Maryland is generating intense criticism from environmental groups, in a fight that echoes the protracted battle over the proposed Keystone XL pipeline. Energy company Dominion Resources is hoping to invest up to $3.8 billion to upgrade the Cove Point LNG facility as an export terminal. If successful, it could become the East Coast's chief LNG export facility, sending billions of cubic feet of natural gas to Japan, India, and elsewhere. Dominion stresses that the project would have a huge economic impact close to home as well. "The local area of Calvert County gets...
  • Liquefied natural gas shows potential as a freight locomotive fuel

    04/14/2014 5:40:43 AM PDT · by thackney · 15 replies
    Energy Information Administration ^ | APRIL 14, 2014 | Energy Information Administration
    EIA projects that liquefied natural gas (LNG) will play an increasing role in powering freight locomotives in coming years. Continued growth in domestic natural gas production and substantially lower natural gas prices compared to crude oil prices could result in significant cost savings for locomotives that use LNG as a fuel source, according to EIA's Annual Energy Outlook 2014 (AEO2014). Taken together, the 7 major U.S. freight railroads consumed more than 3.6 billion gallons of diesel fuel in 2012, or 7% of all diesel fuel consumed in the United States. The fuel cost more than $11 billion in 2012 and...
  • Liberation Of Europe From Gazprom Due To Nat Gas Exports Is Nonsense, Cheniere CEO

    04/11/2014 9:38:38 AM PDT · by Rusty0604 · 16 replies
    Zerohedge ^ | 04/11/2014 | Tyler Durden
    Despite the ongoing propoganda machine's push for a bailout plan to 'liberate Europe from Gazprom's claws', The FT reports that the head of Cheniere Energy, which is due to become the US’s first new natural gas exporter next year, said the ability of US energy to save Europe from its dependence on Russian supplies had been overstated. Simply put, as Putin knows all too well (but Obama and his merry men in the mainstream media seem destined to perpetuate), Cheniere's CEO blasts "It’s flattering to be talked about like this, but it’s all nonsense. It’s so much nonsense that I...
  • Opponents of natural-gas exports have it all wrong

    04/05/2014 6:20:53 PM PDT · by thackney · 35 replies
    MarketWatch ^ | April 4, 2014 | Diana Furchtgott-Roth
    Opinion: 4 reasons why exporting natural gas is the right thing for America Americans opposed to the export of U.S. natural gas give many reasons for their position. But almost all of them are wrong. The problem is that people underestimate the amount of this country’s natural gas and the potential effect exports could have on the world market. Russia has swallowed parts of Georgia and Ukraine. No one is proposing that America send soldiers to defend those countries, even though we guaranteed Ukraine’s sovereignty in 1994 under the Budapest Memorandum. Instead, we can help our allies by diminishing Russia’s...
  • ZUBRIN: The folly of blocking natural-gas exports

    04/01/2014 10:39:49 AM PDT · by thackney · 9 replies
    The Washington Times ^ | 3/31/2014 | Robert Zubrin
    The boom in American natural-gas production during the past several years, and the consequent crash of domestic natural-gas prices, has caused many to call for the liberation of U.S. natural-gas exports. The ongoing Russian invasion of the Crimea and threat to the rest of Ukraine has added still greater urgency to these calls, as the need take action to weaken Russian President Vladimir Putin’s natural-gas stranglehold over Europe has become vital. Despite these economic and national security imperatives, there are still those who maintain that allowing American natural-gas producers to export their product would damage the national interest. According to...
  • ZUBRIN: The folly of blocking natural-gas exports

    04/01/2014 7:07:58 AM PDT · by jmcenanly · 2 replies
    The Washingto Times ^ | Monday March 31, 2014 | Robert Zubrin
    The boom in American natural-gas production during the past several years, and the consequent crash of domestic natural-gas prices, has caused many to call for the liberation of U.S. natural-gas exports. The ongoing Russian invasion of the Crimea and threat to the rest of Ukraine has added still greater urgency to these calls, as the need take action to weaken Russian President Vladimir Putin’s natural-gas stranglehold over Europe has become vital. Despite these economic and national security imperatives, there are still those who maintain that allowing American natural-gas producers to export their product would damage the national interest. According to...
  • How Liquid Natural Gas May Revolutionize Shipping, And Make Goods Cheaper

    03/31/2014 12:36:06 PM PDT · by thackney · 32 replies
    International Business Times ^ | March 29 2014 | Stephen Starr
    At a noisy, bustling shipyard 20 miles south of Istanbul, the world’s second-ever tugboat powered by liquefied natural gas sits at the end of a pier, awaiting its first water trial. “Then it’s off to Norway,” said with no little pride Ruchan Civgin, the contracts manager at Sanmar Shipyard, of the 115-foot vessel. “The first boat left in January.” Further south along the Marmara Sea coast, another shipbuilder is rolling out LNG-powered fish-feed vessels, used to transport feed for fish farms, for international markets. These ships may be the vanguard of a global boom in LNG-powered shipping, produced by the...
  • Can Europe wean itself from Russian natural gas?

    03/29/2014 2:46:30 PM PDT · by Mount Athos · 25 replies
    Washington Post ^ | March 28 | Steven Mufson
    On Thursday ENI’s [Italian oil/gas] chief executive, Paolo Scaroni, was in Washington to meet with Obama administration officials at the State Department and National Security Council to discuss natural gas, Russia and Ukraine. "What is relevant is that this dependency is going to go up and not down because domestic European production [including North Africa] is going down." Scaroni takes a dim view of American LNG as a means to liberate Europe from Russian gas, in part because he says that transporting LNG from the United States to Europe is expensive, Russian gas production costs are very low and Russia...
  • Eastern Europe is Pleading for American Made Energy

    03/27/2014 7:53:56 AM PDT · by SeekAndFind · 35 replies
    Townhall ^ | 03/27/2014 | Mike Shedlock
    About the only good coming out of ridiculous tit-for-tat sanctions on Russia is the possibility of revised US energy policy, and Lithuania is pleading for it. The BBC reports Lithuania Pleads for US Gas Exports to Counter Russia Lithuania's energy minister has called on the US Senate to speed up the export of natural gas to Europe. Jaroslav Neverovic said that Lithuania was being forced to pay a "political price" for being entirely dependent on Russian gas supplies. In his statement to a US Senate committee, Mr Neverovic urged members to do everything within their power to release natural...
  • Message to Moscow? Feds give initial approval for Oregon facility to export natural gas

    03/24/2014 3:02:41 PM PDT · by Berlin_Freeper · 46 replies
    foxnews.com ^ | March 24, 2014 | FoxNews
    The Energy Department gave conditional approval on Monday to an Oregon-based facility to export liquefied natural gas, in a move hailed by the energy industry and congressional lawmakers who want the U.S. to step up gas exports to counter Russian influence. "Given the situation in Ukraine, this license sends a positive signal to our allies and to energy markets that the United States is ready to join the growing global gas trade," Sen. Lisa Murkowski, R-Alaska, said in a statement. Lawmakers on both sides of the aisle for weeks have been pressing the Obama administration to expedite permits for natural...
  • Obama administration ignores eco-radicals, approves another natural gas export terminal

    03/24/2014 2:50:01 PM PDT · by SeekAndFind · 4 replies
    Hotair ^ | 03/24/2014 | Erika Johnsen
    Before today, the Obama administration had only approved six of the more than two dozen pending permit applications for natural gas export terminals for countries with which we do not already have free-trade agreements. In just the past few months, however, the Obama administration has tentatively signaled that they are finally ready to really recognize the boon the recent shale gas bonanza has been for boosting the economy as well as consider the potentially helpful long-term geopolitical benefits that could be reaped from allowing our domestically produced oil-and-gas to flow more freely into the world market — and even of...