Started By
Message

re: Panama Canal Expansion on Hold/DOE won't approve LNG exports

Posted on 1/3/14 at 9:55 am to
Posted by GeauxxxTigers23
TeamBunt General Manager
Member since Apr 2013
62514 posts
Posted on 1/3/14 at 9:55 am to
quote:

First, none of these export facilities are coming online soon...there's a lot of time left for approval and the front runner in the game, Cheniere has approval.

I think the concern is that we'll miss the boat and potential markets will already be filled by the time we can export. I don't know the details behind export facilities. Is it possible that the energy companies are not putting 100% effort into completing them until they get approval for export?
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 1/3/14 at 10:02 am to
quote:

Is it possible that the energy companies are not putting 100% effort into completing them until they get approval for export?


I don't know...I've only followed Cheniere closely...I'm just not that concerned, yet. I was at a conference in the spring about NG prices and export was brought up and none of he speakers were concerned by the permitting and frankly didn't think exports would greatly effect pricing...I tend to disagree on the pricing side but I'm not overly concerned about the permitting at this point....I also don't believe that 30 export facilities are going to be built - even if all the permits are granted.

ETA: I think gas becomes a world commodity over the next 10 years and we are there at kickoff.
This post was edited on 1/3/14 at 10:10 am
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram