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Thread: 4 nations urge US gas exports amid Ukraine crisis

  1. #21
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    Re: 4 nations urge US gas exports amid Ukraine crisis

    All that's required is that we exploit our expansive gas reserves and sell the surplus on the global market. The gas doesn't have to go to Europe specifically in order to have an impact.

  2. #22
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    Re: 4 nations urge US gas exports amid Ukraine crisis

    Bumping up your thread Grip.....this might be some news that's relevant. They could be getting assurances from us that we will help out.


    EU delays talks on new Russian pipeline.....
    Associated Press – 3 hrs ago


    The European Commission is delaying some talks on a new Russian pipeline that would bypass Ukraine to transport natural gas via the Black Sea to southeastern Europe.

    The South Stream pipeline, in which Russia's Gazprom holds a 50 percent stake, would provide an alternative supply route for Bulgaria, Serbia, Croatia, Hungary, Slovenia, Austria and Italy. It's expected to ship up to 63 billion cubic meters of gas from 2018.....snip~

    EU delays talks on new Russian pipeline

  3. #23
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    Re: 4 nations urge US gas exports amid Ukraine crisis

    Quote Originally Posted by Lord Tammerlain View Post
    Shipping natural gas is very different

    To ship natural gas effectively by ship it needs to be liquefied, meaning very cold temperatures and high pressures. Meaning a far higher investment in infrastructure at the ports and the ships themselves. The US does not have a surplus of oil, but in certain areas can or does have one of natural gas. To my knowledge Qatar and another country that I can not remember are the only countries that engage in shipping liquefied natural gas in any real volume.

    Overall the costs are very high, the lead times quite long. By the time the infrastructure in the US is built, Europe may have engaged in fracking (Poland and Ukraine are believed to have significant quantities of shale gas). Making the export of liquefied natural gas from the US uneconomic (at least to Europe, Asia is a different story
    There is some inaccuracies in your post. Close on the fleet, its around 350 or so. New ship builds have slowed due to the jump in US supply.

    First, LNG is shipped cryogenically and relatively low pressure. Usually about 1.5 bar or about 21 psi, less than a bicycle tire. Secondly, there are over 30 LNG reliquefaction plants worldwide with another 20 or so under construction. Right now, the US has one in Alaska and another that will be online in a year or so in down in Louisiana. There are currently 4 sites in the US starting the heavily bureaucratic process for approval before construction begins. Before the US gas boom, US imported quite a lot of LNG. Most of the import facilities have gone dormant to domestic supply. Lead time is mainly due to the politics of LNG than actual construction. The technology is there and the facility is relatively easy to put up. Really just a multi-tiered train system (much like a refrigeration system).

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