Domestic Backlash Against LNG Exports are Unlikely to Deter US LNG Liquefaction Projects

Published : June 2012
No. of Pages : 6

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Domestic Backlash Against LNG Exports are Unlikely to Deter US LNG Liquefaction Projects

Summary

Commercial production of shale gas in the US has opened the doors for exports of natural gas from the country. The US, which planned to import Liquefied Natural Gas (LNG) as recently as five years ago, has acquired the capability to export LNG due to the shale gas boom. Consequently, several US companies have planned either new LNG export terminals or convert their existing LNG import terminals into export terminals. However, the prospect of LNG exports has ignited a fierce debate in the US. Domestic consumers, manufacturers and environmental groups – even some lawmakers – have voiced opposition to exports, fearing an increase in domestic natural gas prices, the loss of cheap natural gas-fueled manufacturing opportunities, an increase in environmental pollution, and a compromise in the country’s long-term energy security. However, this domestic backlash against exports is unlikely to deter the US LNG liquefaction projects, as the exports will bring more wealth and jobs to the US economy, and drive investment in the US natural gas Exploration and Production (E&P) sector.

Scope

- The report highlights domestic backlash against LNG exports in the US.
- The report discusses about impact of LNG exports on the natural gas prices in the US.
- The report highlights benefits of LNG exports to the US.

Reasons to buy

- To gain knowledge of groups opposed against LNG exports from the US.
- To understand advantages and disadvantages of LNG exports from the US.
- To understand the benefits of LNG exports to the US economy and the country''s natural gas exploration and production industry.

1 Table of Contents
1 Table of Contents 1
1.1 List of Tables 1
1.2 List of Figures 1
2 Summary 1
3 Domestic Backlash Against LNG Exports are Unlikely to Deter US LNG Liquefaction Projects 1
3.1 Several Consumer, Manufacturing and Environmental Groups are Opposing LNG Exports from the US 2
3.2 Impact of US LNG Exports on Domestic Natural Gas Prices Could be Moderate 3
3.3 LNG Exports will Boost US Natural Gas Exploration and Production Industry and Bring Foreign Exchange 4
3.4 The Obama Administration is Not Opposed to LNG Exports 5
4 Appendix 5
4.1 Sources 5
4.2 Methodology 5
4.3 Contact Us 6
4.4 Disclaimer 6

1.1 List of Tables
Table 1: Important Milestones of the Sabine Pass Liquefaction Project, as of 2012 2
Table 2: LNG Market, The US, Details of Key Organizations Opposing LNG Exports from the US, 2012 3
Table 3: LNG Market, The US, Planned LNG Liquefaction Terminals, 2012-2018 4

1.2 List of Figures
Figure 1: Bird’s Eye View of Sabine Pass LNG Terminal, 2012 2
Figure 2: Advantages and Disadvantages of LNG Exports from the US, 2012 5

Domestic Backlash Against LNG Exports are Unlikely to Deter US LNG Liquefaction Projects

Published By: GlobalData

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