Two years later, the United States re-approved LNG export project divergent meanings behind

17, 2011, DOE conditionally approved Texas "free port" LNG export project, did not intend to sign a free trade agreement with the United States national export LNG, allow the export of 1.4 billion cubic feet per day, for 20 years. This is since May 2011 to the U.S. government approved a similar project again.
There is no doubt that the U.S. is still continuing its " shale gas  myth", even IEA in its mid-market report released said the significant increase in oil and gas production in North America to the impact of the global supply chain, will become the next five years The transformative power of the market. Almost everyone is optimistic about the U.S. LNG export prospects, but the Government has been very cautious.
Capital One Financial Corporation analyst Randy Barratier that, although it is approved by the U.S. government after two years LNG export project again, but this will come to the U.S. LNG export policy to relax a bit too hasty conclusions. "A project approval and can not explain too many problems,Unconventional gas besides the size and complexity of the project and other factors will affect the processing speed."
Moody's Investors Service (Moody's Investors Service Inc.), Vice president of m Branch · Mana Bi He also said: "We do not believe that DOE will pursue this release LNG project approval." But she believes that Dominion Resources, Inc., Sempra Energy's LNG export project received the approval of the larger hope.
Currently, there are more than 20 LNG export project is awaiting approval of the DOE, however, about whether the United States should LNG exports, the export volume should discuss issues such as how to control it never stops. Natural Gas LNG export enterprises generally supportive, but industry insiders questioned the U.S. LNG export facilities construction speed can keep up with their pace.
In Freeport before the project, DOE only in May 2011 passed the Cheniere Energy Company is located in Louisiana's Sabine Pass export terminal project. According to U.S. government regulations, to have not signed a free trade agreement with the United States national export natural gas must obtain the approval of the Department of Energy. Insiders believe that this new project approval to release positive signals to the outside world, the United States may be in the future to accelerate the speed of project approval. Washington-based Center for LNG Bill Cooper said this is a good news. "Now the only concern is when we can achieve large-scale LNG exports."fracturing proppant American Petroleum Institute Upstream industry authorities Erik Milito also praised the government made the right decision.
The Freeport project also makes those approved LNG projects to apply for an export license DOE companies see hope. Sempra Energy's CEO Mark Sien in the DOE said after project approval through Freeport, which sent out a positive signal, "Our project is also expected to be adopted soon." Sempra's Cameron LNG export gesep global network of energy saving projects are located in Louisiana Hack Bury, a total investment of 60-70 billion dollars.