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LNG Exports

By Greg Russell

The Hill has an interesting article on the possibility for exporting natural gas:  "Before it can be exported, natural gas must be sent to a liquefaction plant, where it is turned into liquefied natural gas (LNG). As such, LNG represents an opportunity to make the most of our abundant energy resources while also bolstering American manufacturing. And as several studies have shown, LNG would come largely from new natural gas production, meaning we can reduce our trade deficit while also continuing to utilize this valuable and strategic resource here at home. Increased development would also yield additional natural gas liquids (NGLs), which are vital feedstocks for many American manufacturing operations, including plastics and fertilizer."

Similarly, from the NYT:  "In a finding that could help create a new industry of natural gas exports in the United States, a government study released on Wednesday concluded that the national economic benefits of significant natural gas exports far outweighed the potential for higher energy prices for consumers and industrial users of the fuel."

Read them both.

Tags: LNG, Energy

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