US to Become Third Largest LNG Exporter in 2019
The coming year is expected to make the U.S. the third largest exporter of liquefied natural gas (LNG) in the world, creating jobs stateside while reducing emissions and providing reliable energy to countries around the world, said American Petroleum Institute (API).API, Center for LNG, and LNG Allies, the three national trade associations specializing in U.S. LNG, today issued a first-of-its-kind joint statement on the extraordinary developments expected in U.S. LNG in 2019.Todd Snitchler, Vice President of Market Development at the American Petroleum Institute, said: “The dramatic expansion of U.S. LNG exports since 2016 continues to deliver tremendous benefits across America and around the world.
China LNG Tariff Casts Shadow Over New US Export Terminals
China set a 10 percent tariff on U.S. liquefied natural gas (LNG) imports, extending a trade dispute into energy and casting a shadow over U.S. export terminals that would propel the United States into the world's second-largest LNG seller.Beijing on Tuesday said it would tax U.S. products worth $60 billion effective Sept. 24 in retaliation for tariffs imposed by U.S. President Donald Trump in an escalating trade war.The rate was smaller than the 25 percent tariff China had touted earlier, which offered some relief and helped shares in listed U.S.
Overhaul Of U.S. Natural Gas Export Review Process
The Obama administration on Thursday announced a major overhaul of its review process for U.S. liquefied natural gas exports, a change that would benefit companies with strong financial backing for their projects. Under the proposal, the Department of Energy would no longer issue conditional approvals of projects. Instead, the department would decide whether an LNG export project is in the national interest only after the Federal Energy Regulatory Commission, or another agency, had issued a final environmental review. The action would shift emphasis from the department's conditional approval, placing the onus on FERC. The department said that by waiting until the environmental review is completed…
LNG Industry Defends Offshore Project Technology
import terminals throughout the world. Environmental impact statements (EIS) issued by the U.S. on the environment, including fisheries. federal government in these EIS. overestimate the negative impacts to fisheries. responsible method of delivering clean-burning natural gas to meet U.S. energy needs," said Bill Cooper, executive director, CLNG. critically important to U.S. Gulf Coast. Cooper. "New LNG terminals are needed.
