LNG Slowly Changing the NatGas Game in the Marcellus/Utica
Each month the U.S. Dept. of Energy's Office of Fossil Energy issues a report on LNG exports and imports. We check in on the report from time to time. This month's report (with data through September) is particularly interesting. It shows the rapid scale-up of Cheniere's Sabine Pass export facility on the coast of Louisiana. Sabine Pass is exporting U.S. shale gas, including some Marcellus/Utica gas, which is why we are interested in the LNG story. November is predicted to set a new record on the export of U.S. shale gas from Sabine. The LNG import picture, increasingly small, is also interesting and instructive. All of the LNG coming into the U.S. (via ship, not via pipeline from Canada) this year has come from one country: Trinidad. And there is a single import terminal that receives almost all incoming, non-pipeline LNG: Everett, MA (near Boston). Which is why GDF Suez, the operator, has been agitating against new pipelines to New England (shame on them)...
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