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US IS A NET EXPORTER OF NG

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  • US IS A NET EXPORTER OF NG

    http://www.marketwatch.com/story/us-...ars-2016-11-27

  • #2
    First LNG cargo in February 2016 went to Brazil. It was what is referred to as hot, meaning it had a high ethane content and only certain import terminals could take it. 26 cargoes as of Sept. 6 had been delivered from Cheniere s Sabine Pass (Port Arthur, TX) with more than 57 percent of the total exports going to South America. A recent development that should help U.S. LNG exporters going forward is the July 2016 opening of the expanded Panama Canalhttp://oilprice.com/Energy/Energy-Ge...d-They-Go.html

    LNG_exports_2016.png LNG_prices_2016.png

    Cheniere Energy s Sabine Pass in Louisiana is the first LNG export plant in the Lower 48 states and has shipped to 11 different countries in the first six months in operation. Overall, there have been over 25 tankers of LNG shipped from the Sabine Pass terminal. And on 22 August, U.S. LNG reached the most vital incremental market of them all, arriving at the Chinese port of Yantian in Shenzhen near Hong Kong. This was the first LNG tanker to transit the newly expanded Panama Canal connecting the Atlantic and Pacific oceans.

    Globally, the annual capacity of liquefaction plants will increase by about 40 per cent to around 60 Bcf/d by 2021. The global economy is growing though, by some $3 trillion in real GDP per year, and this will continually drive up gas demand. Natural gas, after all, is the second largest energy source in the developed world at 28 per cent, and gas is a rapidly rising 21 per cent of all energy in the developing world, compared to just 13 per cent a decade ago.

    http://www.forbes.com/sites/judeclem.../#1b0b6e84781b


    www.igu.org/download/file/fid/2123


    Last, but not least. This article states that Port of Houston is the only U.S. port that exports more than it imports. Commodities include propane, butane, LNG

    http://fuelfix.com/blog/2016/08/24/g...w-lng-exports/
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    • #3
      March 23, 2017 Hyundai will build first LNG-powered aframax tankers. Fueled with LNG, these tankers will transport crude oil for Sovcomflot, the Russian state-owned shipping company. Delivery of the four 250m long ships is planned for 3Q 2018 to be used by SHELL.

      By running on LNG, the Ice-Class IA tankers can emit 90 percent less SOx, 80 percent less NOx, and 15 percent less CO2 - satisfying the demand for ships which meet tightening environmental regulations.

      http://www.ngvjournal.com/hyundai-wi...ENVIO%20SIMPLE
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      • #4
        Apr 3, 2017 - Cheniere Energy Partners LP, which develops, builds and operates LNG terminals, has announced that the 100th cargo of LNG18 countries on five continents.

        http://ngtnews.com/cheniere-energy-r...00th-lng-cargo
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        • #5
          CBI, headquartered near Houston TX, is presently building LNG export terminals 100 miles or so in each direction from Houston in Freeport Texas and Hackberry (Cameron) Louisiana. CBI has served the LNG industry for 50 years. Its projects located worldwide include liquefaction plants (export), regasification terminals (import); peak shaving (creating LNG utilizing pressure drop at ends of long distance pipelines); and storage tanks. Projects include more than 200 LNG storage tanks throughout the world

          CBI had complete design-build responsibility for the PERU LNG export facility, the first baseload liquefaction plant in South America, which was completed in 2010.

          http://www.cbi.com/Who-We-Serve/Oil-Gas-Chemicals/LNG
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          • #6
            Betsy Lillian for NGTNews February 16, 2018 - Hexagon Lincoln has been awarded a deal to supply high-pressure CNG TITAN tanks for fuel storage onboard an LNG supply vessel being built for Babcock Schulte Energy. The TITAN cylinders will store compressed boil-off-gas from the LNG tanks and supply CNG as fuel to the dual-fuel propulsion engines propelling the ship.

            The boil-off-gas recovery system is designed by U.K.-based Babcock LGE Process. The boil-off-gas recovery system is an innovative way of meeting stringent emission regulations. Our TITAN tanks are a key enabler for achieving this, says Miguel Raimao, vice president of Mobile Pipeline Americas at Hexagon Lincoln.

            Jack Schimenti, president of Hexagon Lincoln, adds, This order marks our expansion of our Mobile Pipeline solutions into high-horsepower fuel systems and the maritime application, which we see as a great future market opportunity.

            https://ngtnews.com/hexagon-supplyin...arine-industry
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            • #7
              Megan Keller for THE HILL Oct 22 2018 - German Chancellor Angela Merkel is making a move to open up the German market to U.S. gas companies, following a lobbying push from President Trump. Merkel told a group of lawmakers over breakfast in October that her government will co-finance a $576 million LNG shipping terminal in northern Germany.

              The project had been stalled for years, but Trump has lobbied hard for Europe to increase LNG purchases from the U.S. while reducing their reliance on Russia.

              Germany gets most of its gas from Russia, and American efforts to open its market to U.S. companies has stalled due to lack of government support. Less than a week after the reported Merkel meeting with lawmakers, an international consortium filed its first official bid for government financing for a terminal in a town near Hamburg.

              https://thehill.com/policy/internati...imports-report
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              • #8
                FORBES Oct 3, 2018 - What Does It Mean That America Is A Net Exporter of LNG?

                In January 2018, for the first time in 60 years, it was announced that the US had become a net exporter of natural gas. The US has so much gas, in fact, that by 2022 it is predicted to be a net energy exporter, and therefore considered energy independent - for the first time since 1953. Thanks in part to the increased availability of LNG, the International Gas Union s 2018 Global Gas Report reports natural gas will overtake coal as the second biggest global energy source, behind oil. Compared with coal, modern natural gas power generation results in 70 percent fewer carbon dioxide emissions per unit of electricity.

                Data from the US Energy Information Administration (EIA) shows Asia is already the biggest consumer of US natural gas exports. According to McKinsey, by 2030, 65 percent of global gas demand growth will come from Asia.

                To move all of this natural gas across the oceans from the US to Asia and elsewhere requires a new fleet of specially designed LNG carriers. The start of 2018 was a record period for the construction of new LNG carriers, with 13 new vessels built and 10 ordered in January and February alone. If all orders are fulfilled, a record 62 new LNG carriers will be built in 2018, significantly up from the 37 delivered in 2017. The majority of these new LNG carriers are being built in shipyards in China, Japan and South Korea. These carriers are next-generation vessels have been designed to a width that allows them to pass through the Panama Canal from US LNG export terminals in the Gulf of Mexico to their Asian destinations.

                Freeport LNG in Texas will begin operating in 2019, with much of its natural gas secured via long term contracts by companies in Japan and South Korea. One of these companies, Chubu Electric Power, commissioned Mitsubishi Heavy Industries to build two new LNG carriers to transport natural gas from Freeport to Japan.

                Americans may take little notice of the newly christened ships arriving at their shores. Perhaps they should look more closely: they are a symbol of America s newfound economic strength as a net energy exporter.

                https://www.forbes.com/sites/mitsubi.../#162027024384
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