New Liquefied Natural Gas Export Facility Authorized by the U.S. Department of Energy

The Energy Department announced last week that it has conditionally authorized Freeport LNG Expansion, L.P. and FLNG Liquefaction, LLC (Freeport) to export domestically produced liquefied natural gas (LNG) from the Freeport LNG Terminal on Quintana Island, Texas. LNG can now be exported to the countries that do not have a Free Trade Agreement (FTA) with the United States. Continue reading New Liquefied Natural Gas Export Facility Authorized by the U.S. Department of Energy

Canada Offers Europe Democratic, Stable and Environmentally Friendly Oil Exports

The Honorable Joe Oliver, Canada’s Minister of Natural Resources, highlighted in London last Thursday the place of energy in Canada’s economy and its potential contribution to global energy security, stressing the role Canada plays as a democratic, safe, stable and environmentally friendly energy supplier. Continue reading Canada Offers Europe Democratic, Stable and Environmentally Friendly Oil Exports

U.S. Liquefied Petroleum Exports to Continue for the Next Several Decades

Last year the United States became a net exporter of liquefied petroleum gases (LPG) for the first time. LPG includes the natural gas liquids (NGL) components ethane, propane, butanes, and marketed refinery olefins. In its Annual Energy Outlook 2013 (AEO2013), EIA projects that the United States will continue to be a net exporter of LPG through 2040, mainly because of continued increases in natural gas and oil production. Continue reading U.S. Liquefied Petroleum Exports to Continue for the Next Several Decades

LNG Fuel Will Be Transported by Electric Ships

New natural gas production methods (like hydraulic fracturing) had already had a major positive impact on the economy of gas-rich countries like the U.S. and had even led to a visible decline in energy-related carbon emissions. These benefits will soon reach many distant shores as shipyards in Korea and in other countries are building new liquefied natural gas (LNG) carriers to move the fuel around. Many of the new supertankers will use electric propulsion systems. Continue reading LNG Fuel Will Be Transported by Electric Ships

Largest Petroleum Producers in 2012: Saudi Arabia, USA, Russia

Last year Saudi Arabia was the world’s largest producer of petroleum and other liquids, producing an average of 11.6 million barrels per day (bbl/d) and exporting an estimated 8.6 million bbl/d (net). Saudi Arabia produces more than three times as much of these liquids as the next largest member of the Organization of the Petroleum Exporting Countries (Iran), and as much as the rest of the Arab Middle East put together. Continue reading Largest Petroleum Producers in 2012: Saudi Arabia, USA, Russia

Shell and Kinder Morgan Aim to Export LNG from US

Shell US Gas & Power, a subsidiarity of Royal Dutch Shell along with Southern Liquefaction Company, a Kinder Morgan affiliate and a unit of El Paso Pipeline Partners have announced yesterday, that they are planning to develop a natural gas liquefaction plant at El Paso’s existing Elba Island LNG Terminal near Savannah, Georgia. EPB’s Elba Express Pipeline and Elba Island LNG Terminal are to be modified to physically transport natural gas to the terminal and to load the liquefied natural gas (LNG) onto ships for export. Continue reading Shell and Kinder Morgan Aim to Export LNG from US