us to make first shipment of lng from shale fields
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

US to make first shipment of LNG from shale fields

Arab Today, arab today

Arab Today, arab today US to make first shipment of LNG from shale fields

The development of shale fields, enabled by the development of cost-efficient hydraulic
New York - AFP

US gas producer Cheniere Energy was poised Wednesday to make the first-ever export shipment of liquefied natural gas from shale fields.

The carrier Asia Vision is scheduled to set sail for Brazil as soon as loading at the Sabine Pass liquefaction plan in Louisiana is completed, the company said.

"This historic event opens a new chapter for the country in energy trade and is a significant milestone for Cheniere," said chairman and interim chief executive Neal Shear in a statement.

Although the United States has exported LNG from Alaska to Japan for several years, it has not done so ever from the "lower 48" states of the continental US.

But the development of shale fields, enabled by the development of cost-efficient hydraulic fracturing or fracking methods, has created a huge jump in both oil and gas supplies, enough to support multiple LNG export operations in planning.

US natural gas production jumped nearly 43 percent between 2010 and 2014 on the surge in shale output.

Cheniere's shares jumped 10.2 percent to $33.62 Wednesday.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us to make first shipment of lng from shale fields us to make first shipment of lng from shale fields

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us to make first shipment of lng from shale fields us to make first shipment of lng from shale fields

 



GMT 12:09 2017 Tuesday ,04 April

Yemeni Army controls Midy and Houthi leader dead

GMT 09:19 2018 Monday ,22 January

West's 'Russiaphobia' worse than

GMT 02:31 2017 Sunday ,24 December

Hamleys opens its largest toy store in Beijing

GMT 13:00 2017 Monday ,03 April

Tropic Skin Care unveils latest launches

GMT 07:29 2017 Wednesday ,02 August

Tillerson sends senior envoys

GMT 03:59 2017 Friday ,08 September

Venezuela asks pope help, vaunts Russia ties versus US

GMT 20:40 2017 Monday ,29 May

Sri Lanka monsoon toll climbs to 164

GMT 09:44 2017 Wednesday ,06 September

Education Affairs Office of CP Court of Abu Dhabi to Host

GMT 08:22 2017 Tuesday ,07 March

GM eyes autonomous future as it sells Opel

GMT 11:40 2017 Wednesday ,03 May

Black rhinos to come back home to Rwanda
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday