THE Pilbara is headed for another big round of development following the signing of an agreement that takes us a step closer to seeing a major expansion of liquefied
natural gas exports from the area.
Right now, liquefied
natural gas exported from Louisiana can't compete with Russia on price, but that could change if the sanctions threat makes it too risky to ship Russian product.
Not exact matches
Back when Uncle Sam thought it would have to import increasing volumes of
natural gas from abroad (which was only a few years ago), it built a number of LNG import terminals on the Gulf Coast, including the Freeport facility and the only other one with the same
export permit, the Cheniere Energy's Sabine Pass Liquefaction project in Louisiana.
The agreement follows an announcement earlier this week
from Spectra Energy and BG Group about plans to build a
natural gas pipeline
from northeast B.C. to the coast, joining a throng of companies aiming to
export Canadian
natural gas to Asia.
The plan is to pipe
natural gas from northeast B.C. to the coast, where it will be frozen and put on tankers for
export to Asia.
The motivation for such efforts appeared to be the increase in
exports of liquefied
natural gas from the United States, a challenge to Russian dominance in European markets.
Between 2016 and 2017,
natural gas exports quadrupled
from 0.5 billion cubic feet per day (Bcf / d) to 1.94 Bcf / d.
Ukrainian officials have blamed Putin for this continued unrest, but it should be noted that Ukraine is a major transit route for
natural gas exports to Europe
from Russia, and now Russia is warning Ukrainian officials that they need to pay back the $ 2.2 billion debt owed to the Russian
natural gas company Gazprom.
Saving oil and
natural gas through efficiency gains and investment in renewables would also generate profit by allowing BC to import less oil
from Alberta and to
export more of the
natural gas it already extracts.
Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain su
Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain su
Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher
exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1
Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain su
Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas generally took its downward price cues
from elevated US production and growth in the
natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain su
natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas - focused rig count, which increased
from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale -
gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total
natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain su
natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for
gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas supplies) and may have overlooked intensifying demand as US
exports increasingly helped drain supplies.
The BC Liberals are under investigation by Elections BC and the RCMP after The Globe and Mail revealed the party is accepting illegal donations
from lobbyists, specifically highlighting donations by Byng Giraud and Marian Ngo
from Woodfibre LNG, which proposes to construct and operate a liquefied
natural gas (LNG)
export facility on the old Woodfibre Pulp and Paper Mill site near Squamish, British Columbia.
(e) the conditions under which the
export from Alberta of
natural gas, crude oil or refined fuels by the licensee may be diverted, reduced or interrupted;
(c) the maximum quantities of
natural gas, crude oil or refined fuels that may be
exported from Alberta during the interval or intervals set out in the licence;
(a) the point at which the licensee may
export from Alberta any quantity of
natural gas, crude oil or refined fuels;
I really like that D has shifted its portfolio in recent years to reduce its exposure to commodity prices and that 90 % of the company's sales are
from regulated operations, Also, I'm a high believer in
natural gass (partly because that's what I studied in engineering so probably biased), but Management is investing heavily in
natural gas, including massive projects such as the Cove Point LNG
export terminal and the Atlantic Coast Pipeline.
If Canada wants to benefit
from Asia's development and growth, and remain a relevant and important energy partner in Asia, we must «think big» about
exporting to multiple countries within the Asia Pacific, and «think beyond» oil and
natural gas to include all of Canada's energy related assets, particularly the renewable and clean technologies that will help Asia mitigate its own climate - change challenges.
More LNG
exports: The first
export of
natural gas from the US East Coast has set sail.
First, we agreed to allow
exports of liquefied
natural gas from the US to China.
In recent months Prime Minister Justin Trudeau, Saskatchewan Premier Brad Wall, Alberta Premier Rachel Notley and former federal
natural resources minister Joe Oliver have all advocated for more bitumen
export pipelines, while British Columbia premier Christy Clark has lauded the benefits of LNG projects and
natural gas pipelines
from fracking operations in northern B.C.
Exxon Mobil (NYSE: XOM) filed an application with U.S. regulators to
export liquefied
natural gas from the Alaska LNG project.
WHEREAS the Government of Alberta is responsible for ensuring the interests of Albertans are optimized prior to authorizing the
export from Alberta of
natural gas, crude oil or refined fuels; and
The COHRAL ™ at Oakey Beef
Exports» Abattoir on Queensland's Darling Downs extracts green energy biogas
from its waste water streams to replace millions of dollars» worth of
natural gas previously consumed at the abattoir.
The plan includes wind farms offshore
from Long Island instead of the proposed liquified
natural gas export facility.
Even as the US market for coal appears to be declining (first due to market pressure
from cheaper
natural gas and now EPA GHG rules), US
exports of its coal abroad has been a sore spot.
Those existing ports include Abbot Point, where India's Adani Group and compatriot GVK plan a huge coal terminal expansion, and Gladstone, where ship traffic is set to increase sharply
from 2015 as huge new liquefied
natural gas plants start
exports.
Hillary Clinton, too, took heat
from environmentalists during her campaign for her longstanding support of
natural gas drilling, and
natural gas exports.
This evaluation should factor in the cumulative increase in
natural gas production
from all of the LNG
export applications already approved, as well as the impact of the growth in
gas production due to additional
exports.
Interesting weekend remarks
from the Energy Department's deputy secretary on U.S. oil and
natural gas exports to Europe — especially so because DOE is the key federal agency in allowing domestic liquefied
natural gas (LNG)
export projects to proceed.
However, the National Energy Technical Laboratory's (or NETL) just released «Life Cycle GHG Perspective on Exporting LNG
from the U.S.» found that there are 50 percent more emissions
from the
natural gas export supply chain compared to coal's supply chain, offsetting the gains due to lower pollution
from combustion.
This concern led the EPA to urge FERC «to consider greenhouse
gas impacts
from increased U.S.
natural gas drilling in its environmental review of a
natural gas export terminal in Louisiana.»
Palmer believes there are four major drivers for changing basis differentials: changes in supply
from shale
gas development, the potential growth in liquefied
natural gas shipments, planned Gulf Coast chemical plant investments, and swelling
exports to Mexico.
The Trump administration is considering forming «a new, central institution» to advocate for
natural gas and coal technology and
exports, according to a document E&E News obtained
from an administration source.
But the conclusion of an international agreement to limit Iran's nuclear arms capacity, which would lift the international sanctions that have restricted Iranian energy
exports, would give new momentum to the planned construction of an ultra-deepwater
natural -
gas pipeline across the Arabian Sea,
from Iran to India's west coast.
An alternative route to market, however, would be to bundle long - distance
natural gas pipelines
from the Northwest Shelf and Queensland with HVDC cables that could
export Australia's renewable energy.
This
natural gas supply boom may lead to 67 billion cubic meters of
natural gas exports per year
from Queensland and Western Australia.
At present, South Australia is considering taking future
natural gas supplies developed in the state and
exporting them as LNG
from Whyalla's Port Bonython.
Exports of liquefied
natural gas (LNG)
from the Sabine Pass facility set a monthly record in January, with additional U.S.
exporting facilities coming online.
As the market for coal - fired electricity generation here in North America shrinks due to the rise of cheap
natural gas - fired power (thanks to fracking for shale -
gas),
exports of coal
from the US to overseas markets in Europe and Asia are sharply increasing.
A 2014 Department of Energy study found that
exporting U.S. LNG will reduce global greenhouse
gas emissions, because U.S.
natural gas consumed in Europe or Asia has lower life - cycle GHG emissions than power generation
from locally sourced fossil fuels.
«While some of the billions of cubic feet of
natural gas planned for
export from the United States will certainly be used in generating electricity in CFE's Mexico facilities, much of that
natural gas appears to be subject to temporary storage, and redirection into Pemex liquefaction LNG facilities for
export to higher - priced markets in Asia / Oceania,» the document continues.
But it will only happen if policymakers take the right steps — on everything
from petrochemical expansion to liquefied
natural gas export terminals — to ensure that the needed investment can be made.
The Russians are not proposing to deep inject the CO2
from their
natural gas and
export the energy as electricity, for example — I'm proposing that.
Similarly, companies have gotten permits
from the government to transform liquefied
natural gas import terminals into
export facilities that would commit the U.S. to decades of large, fixed
export volumes.
One benefit
from the renaissance in U.S. energy production is the new capability to
export American oil and
natural gas — the mere discussion of which reflects the sea change in our country's energy outlook.