The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
Prices for gas in the US have been exceptionally low lately, due to a combination of really weak demand from the recession and a burst of production from fields where investment took place during the high price years and which are selling gas at marginal cost today (which are largely unsustainable in the medium term). The volumes from shale gas are not so big as to allow for a lot of exports before you run into serious price hikes.
So the early LNG export projects will make a killing, but not many will be built in the end. The people really making money are those that had contracts to export LNG to the US and have the physical capacity to turn these cargo to Europe or Asia (i.e. the contractual right to send the gas elsewhere on a spot basis and share the profits with the US importer, and the availability of LNG tankers to do so). Wind power
by IdiotSavant - Feb 28
by Luis de Sousa - Feb 28 1 comment
by Oui - Mar 1 4 comments
by Frank Schnittger - Feb 23 18 comments
by Oui - Feb 22 27 comments
by Oui - Feb 25
by Frank Schnittger - Feb 20 30 comments
by gmoke - Feb 14 2 comments
by Oui - Mar 4
by Oui - Mar 14 comments
by gmoke - Mar 1
by Luis de Sousa - Feb 281 comment
by Oui - Feb 2831 comments
by Frank Schnittger - Feb 2318 comments
by Oui - Feb 2227 comments
by Frank Schnittger - Feb 2030 comments
by Oui - Feb 2024 comments
by Frank Schnittger - Feb 1914 comments
by Oui - Feb 197 comments
by Oui - Feb 181 comment
by Oui - Feb 1794 comments
by Oui - Feb 168 comments
by Frank Schnittger - Feb 1523 comments
by gmoke - Feb 142 comments
by Frank Schnittger - Feb 1413 comments
by Oui - Feb 145 comments