The Trump-Ishiba meeting agenda includes liquefied natural gas. Trump wants to sell more LNG. Japan wants to buy more LNG. What are the potential roadblocks and who will be the losers?
Good essay. An observation: Alaska LNG is unlikely to contribute to US price inflation. The project would be fed by undeveloped fields on the North Slope, rather than drawing gas out of the Lower 48 states. The real danger is from all the Gulf Coast projects in the pipeline sucking gas out of shale plays connected to Henry Hub in Louisiana. Those projects will mostly supply LNG to Europe.
Great insight - thank you for this! Your comment puts to rest a question I had in my mind: were the DOE and EIA studies showing that LNG exports would raise domestic gas prices politically motivated to justify Biden's export ban? But I suppose you're confirming that Gulf Coast exports do indeed push domestic prices up?
US gas industry isn't my wheelhouse, so any further thoughts would be gold.
Yes, LNG exports from facilities on the US Gulf Coast will exacerbate price spikes in periods of domestic natgas market tightness. Here are my considered thoughts on US LNG price impacts: https://www.energyflux.news/p/us-lng-vs-america-first
My article does not discuss Alaska LNG for two reasons. One, it is a discrete development unconnected to the main US gas market, and two, it will almost certainly never be built unless of course the Japanese (or other desperate buyers) are pilloried into signing out-of-the-money LNG SPAs under the threat of swingeing tariffs, as your article alludes to.
Good essay. An observation: Alaska LNG is unlikely to contribute to US price inflation. The project would be fed by undeveloped fields on the North Slope, rather than drawing gas out of the Lower 48 states. The real danger is from all the Gulf Coast projects in the pipeline sucking gas out of shale plays connected to Henry Hub in Louisiana. Those projects will mostly supply LNG to Europe.
Great insight - thank you for this! Your comment puts to rest a question I had in my mind: were the DOE and EIA studies showing that LNG exports would raise domestic gas prices politically motivated to justify Biden's export ban? But I suppose you're confirming that Gulf Coast exports do indeed push domestic prices up?
US gas industry isn't my wheelhouse, so any further thoughts would be gold.
Yes, LNG exports from facilities on the US Gulf Coast will exacerbate price spikes in periods of domestic natgas market tightness. Here are my considered thoughts on US LNG price impacts: https://www.energyflux.news/p/us-lng-vs-america-first
My article does not discuss Alaska LNG for two reasons. One, it is a discrete development unconnected to the main US gas market, and two, it will almost certainly never be built unless of course the Japanese (or other desperate buyers) are pilloried into signing out-of-the-money LNG SPAs under the threat of swingeing tariffs, as your article alludes to.