Navigant Energy Director, Rick Smead’s bi-monthly article written for Natural Gas & Electricity Journal discusses the nations’ newfound natural gas abundance and proposes that a logical outgrowth of that abundance has been not just the severe reduction of importation plans for liquefied natural gas (LNG) but also the formulation of LNG export proposals.
Along those lines, two facilities have made proposals, Sabine and Freeport. Other existing import terminals have indicated publicly that they are exploring the option.
Given the massive apparent capability of the U.S. natural gas industry to bring new supply to market, the industrial community should be able to be confident that the supply-demand balance can stay stable, and thus that prices can stay within a range that can allow industrial users to get what they need.