DRBC Reopens Public Comment, New Hearing for LNG Export Dock
Last June the DRBC (Delaware River Basin Commission) approved a request by New Fortress Energy to build a $96 million 1,600-foot-long pier/dock on the Delaware River, to be used for docking and loading two ships at a time with LNG (see DRBC Approves New Fortress LNG/NGL Shipping Dock on Dela. River). After being hounded by THE Delaware Riverkeeper and the Sierra Club for months over that approval, DRBC voted in September to “reconsider” its earlier decision (see DRBC Reconsiders New Fortress LNG/NGL Shipping Dock on Dela. River). The DRBC has just announced it will hold a “trial-like” hearing on the project with both sides, New Fortress and Riverkeeper (and no one else) offering testimony.
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Banpu, Thailand’s largest coal mining company, loves American shale gas. Over the past several years Banpu has invested ~$500 million in the PA Marcellus, going as far as building a new regional office in northeastern PA (see 
We can’t tell you how many stories and headlines we’ve seen over the past few weeks that proclaim the coronavirus is killing the oil and natural gas markets (not to mention the stock market). The theory goes that China is scaling back the production of consumer crap that Americans buy because Chinese workers are dropping like flies. Less production equals less need to import oil and gas, resulting in, what? A worldwide economic recession? Depression? End of Days? Run for the hills! U.S. LNG exports are frequently mentioned as being negatively impacted by the coronavirus. Except…they aren’t. Here’s a contrarian view.
LNG (liquefied natural gas) is one of two primary new “demand centers” for the natural gas produced in the Marcellus/Utica. The other demand center is gas-fired electric power plants. Last week S&P Global held its 19th annual S&P Global Platts LNG Conference in Houston. The message was loud and clear: U.S. LNG producers are being told to either shut in some of their production (for now), or find new markets (beyond Asia and Europe). Otherwise, prices for LNG will continue to crash worldwide and new plants may not get built.
Royal Dutch Shell, one of the world’s supermajors (oil and gas driller), is, in fact, one of (perhaps THE) largest producer of LNG, or liquefied natural gas, in the world. The company has just released its fourth annual LNG Outlook 2020 (full copy below) which highlights key trends in 2019 and hauls out the crystal ball to predict where things are heading over the next 20 years. Shell says global demand for LNG is expected to double to 700 million tonnes by 2040. Why? Because natgas emits less carbon dioxide into the atmosphere than other alternatives.
New Fortress Energy plans to build a $96 million, 1,600-foot-long pier and storage facility on the Delaware River (Gloucester County, NJ) to be used for docking and loading two ships at a time with LNG. The LNG will be manufactured at a plant in landlocked Bradford County, PA and shipped to the NJ facility via rail (see 
Last June MDN brought you the news that Edge Gathering Virtual Pipelines 2 LLC (EDGE) had successfully deployed a special LNG unit to a remote Marcellus well in PA, converting gas from the well into LNG, selling that gas to a utility in New England (see 
Yesterday MDN told you that 16 highly partisan, far-left Democrat attorneys general had filed comments opposing President Trump’s plan to allow LNG (liquefied natural gas) to be transported by special rail cars (see 
A slight tweak and correction to a story we ran last week in which we speculated that the first four mini-trains at Kinder Morgan’s Elba Island LNG export facility are now up and running (see 
Last April President Trump issued an Executive Order directing the Secretary of Transportation to write a new rule allowing specially constructed tanker cars for railroads (DOT-113 tank cars) to ship LNG, i.e., liquefied natural gas (see 
MDN previously reported in mid-December the very first load of Marcellus molecules liquefied at the Elba Island, Georgia LNG export facility was loaded onto a ship and headed to Pakistan (see 
Last June Philadelphia City Council voted to approve a $60 million Marcellus LNG export facility, to be built on property owned by Philadelphia Gas Works (see 