Tag: exports

Feds float 2-month timeline for new LNG export approvals

A top Energy Department official on Tuesday hinted that the Obama administration could issue natural gas exports licenses about every two months.  More »
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Senate forum sheds light on natural gas exports

Energy analysts will be reading the tea leaves Tuesday as Obama administration officials field questions about their approach to exporting U.S natural gas during a Senate forum on the issue. Follow live as we tweet from the forum.  More »
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Report: Abundant natural gas means no big price increases

The United States has more than enough natural gas to meet the needs of domestic customers and simultaneously sell the fossil fuel overseas without causing big price increases, according to a report issued Monday. Inside U.S. borders, demand for natural gas is expected to be driven by power utilities, the conversion of heavy-duty vehicle fleets and the industrial sector, as manufacturers transform the fossil fuel into other products.  More »
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Feds give Texas project license to broadly export LNG

The Obama administration on Friday gave Freeport LNG approval to broadly export domestically harvested natural gas, marking only the second time a U.S. company has won such a license. The export license ensures that the Texas-based project will be able to liquefy natural gas produced by BP to Japan, Taiwan and other countries that do not have free-trade agreements with the United States.  More »
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Natural gas demand will push price to $5, analyst says

Potential exports and increased transportation and industrial use of natural gas will continue to push natural gas prices up to more sustainable prices, experts said Tuesday morning at a energy conference in Houston.  More »
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Exxon and Qatar Petroleum sign LNG export deal

Exxon Mobil Corp. and Qatar Petroleum International inked a deal Thursday that sets the stage for a new, $10 billion terminal to export liquefied natural gas from Texas.  More »

Surge in US natural gas pushes other countries to diversify (video)

The shale gale that has put the United States on track to soon be a net exporter of natural gas also is shaking up the international market for the fossil fuel, forcing Trinidad and Tobago to adapt by selling more of its supplies to Europe and Asia.  More »

Guest Commentary: It’s time to export US natural gas

In response to arguments that exporting U.S. natural gas will hurt manufacturing, Bill Cooper, president of the Center for Liquefied Natural Gas, argues that economic studies on the subject show that exports will have minimal effect on the commodity’s domestic price.  More »

Guest Commentary: Natural gas exports would halt US manufacturing comeback

Using domestic natural gas to expand United States manufacturing and export more value-added products would provide a bigger boost to the economy than exporting natural gas, writes Daniel DiMicco, executive chairman of steel products manufacturer Nucor Corp.  More »

Energy official: LNG export decisions coming soon

The Energy Department is poised to start making decisions on exporting more domestic natural gas within months, a top Obama administration official told Congress on Thursday, as leaders debate the contentious issue at the LNG 17 conference in Houston this week.  More »

Energy Department won’t be rushed on export decision

Speaking at the LNG 17 conference Tuesday, the U.S. Department of Energy official in charge of deciding whether to allow exports of liquefied natural gas gave no indication of how the department will rule, or even when a decision may be made.  More »

Shell’s Odum:Optimistic on liquefied natural gas for transportation

In an exclusive interview with FuelFix, Shell Oil President Marvin Odum talks about the challenges and opportunities for liquefied natural gas, as the LNG17 conference gets underway in Houston.  More »
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