US LNG Special Briefing

Category
Special Reports

The biggest shake-up of the global energy market for years has seen the US emerge as a key natural gas producer. Developers are now looking to convert former import terminals and build a new generation of export terminals. 

This briefing assesses the current state of the approvals process for and the challenges facing the 298 million tonnes of annual export capacity in the offing. It looks at who may buy US LNG and how new trading patterns will change the structure of the global market.

Finally, the briefing balances what new risks are now posed by the many unknown variables, both political and economic, with the evolving market opportunities on offer.

INTRODUCTION

Importer to exporter

Shale gas has turned the US from an LNG importer into an exporter set to shake up a fragmented, unresponsive global LNG market

LEGAL APPROVALS

A faster, more favourable approvals process     4

Getting legal approval for LNG exports is a complex process, but the government in principle is in favour of exports 

EXPORT DATA

Export applications reach 44

Developers have applied for approval to export a total of 40.96 billion cubic feet per day of natural gas, or 298 million tonnes per year of LNG 

COMMERCIAL DETAILS

Who will buy US LNG?

The emerging TPP trade agreement between the US and Asia could dictate how US LNG exports develop 

MARKET IMPACT – PART 1

Changing trading patterns

US LNG exports are set to have a dramatic effect on global trading patterns

MARKET IMPACT – PART 2

New market structures to emerge

The entry of US LNG will generate new market structures, breathing life into a fragmented market. The effect on prides will also be felt at home 

WHAT’S NEXT?

Commercial bonanza, but unexpected consequences

US exporters must balance the risks posed by unknown variables, both political and economic, with the evolving market opportunities on offer

 

Edited by

Richard Lockhart

Editor

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