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Europe Obvious Market for U.S. LNG Exports

Bans on hydraulic fracturing in several European countries make the continent an obvious market for U.S. LNG supplies, according to energy analyst and author Daniel Yergin.  Attractive pricing and a predicted increase in demand have also contributed to turning Europe into a target market for U.S. gas producers.  Read more in the Bloomberg...

European LNG Headlines

Lithuania’s Planned LNG Terminal Could Supply Baltic Region (Bloomberg)

New England Grid Operator Moves to Address Potential LNG Supply Disruption

ISO New England, operator of the region’s power grid, filed provisions at FERC to govern grid operations in the event of a significant disruption of LNG supplies used by Boston-area power generators.  The action was taken in response to the recent cancellation of imported LNG cargoes from Yemen to Distrigas’ LNG terminal at Everett, Mass., due to a militant attack on the...

European LNG Headlines

Croatia Readies Alternative LNG Plan for Next Year (Reuters)

Agency: Potential U.S. LNG Exports No Threat to Australian LNG Projects

“Potential U.S. gas exports do not represent a big threat to Australian LNG projects currently under construction,” according to Dougal Crawford, an economist with Australia’s Export Finance and Insurance Corporation.  The government agency predicts that the U.S. will not become a major LNG exporter and that U.S. LNG supplies will not displace Australia’s position in...

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