Pipelines, LNG plants and Russia

[william the wie]

Last Year the US launched its first LNG plant and there are as many as nine others where at least preliminary work has been done. With pipeline authorizations stacked up or blocked by the current administration $10 B + in right now payroll hiring can be created with the stroke of a pen. And it will get bigger rather quickly. Since Natural Gas is Russia's major source of income that means Russia and Iran for that matter will take a huge hit without any sanctions being imposed. What other effects are likely if this is done?

 

[Moonglow]

The US has been exporting LNG since early 2016 to Asian and European markets that have facilities to accommodate..The Russians protested European ports that want to build pipelines because of fear of losing markets..

Emails and documents obtained by DeSmog reveal that the U.S. International Trade Administration has actively promoted and facilitated business deals for theliquefied natural gas (LNG) industry and export terminal owners, even before some of the terminals have the federal regulatory agency permits needed to open for business.

This release of the documents coincides with the imminent opening of the first ever LNG export terminal in the U.S. hydraulic fracturing (“fracking”) era, owned by Cheniere.

The documents came via an open records request filed by DeSmog with the Port of Lake Charles. The request centered around the Memorandum of Understanding (MOU) the Port signed with the Panama Canal Authority in January 2015.
Emails: U.S. Government Facilitated LNG Business Deals Before Terminals Got Required Federal Permits | The Huffington Post