Natural Gas North America
The United States Department of Energy has granted approval for a second project to export LNG to nations without US free trade agreements, but this approval comes with conditions.
Latest North America News
- Henry Hub exports only competitive under $6.60/MMBtu
- North American Markets: Henry Hub surges on Freeport LNG export approval
- GE, Morgan Stanley supply debt to Texas-focused producer
- WSC representative of the US gas production trend
- Henry Hub continues to fall; rig counts at 18-year low
- US utility closes $450 million notes offering
The surge in North American hydrocarbon production and the region’s dwindling need for energy imports has laid the groundwork for US engagement in Asia Pacific.
So-called ‘green completions’ are looking like the trade-off needed to get Democrats in Congress to back LNG exports.
The shale gas boom has already improved the LNG market for some of the United States’s European allies, and the prospect of American LNG exports is giving consumer nations new leverage in price negotiations, experts have said.