PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: dmg :: events (UK) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Gas Asia Summit - Eyes on North American LNG, Dynamics and Export Capacity of United States LNG to Asia - The start of North American LNG exports is coming closer as the U.S picks up speed in approving projects, experts to gather and share insights on the dynamics and export capacity of U.S LNG exports to Asia - GasAsiaSummit.com
Gas Asia Summit - Eyes on North American LNG, Dynamics and Export Capacity of United States LNG to Asia

 

NewswireToday - /newswire/ - Singapore, Singapore, 2013/09/16 - The start of North American LNG exports is coming closer as the U.S picks up speed in approving projects, experts to gather and share insights on the dynamics and export capacity of U.S LNG exports to Asia - GasAsiaSummit.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The U.S Department of Energy (DoE) has now approved a fourth LNG export facility at Cove Point following the Lake Charles export facility approval five weeks ago. These projects coupled with the news that Freeport LNG has entered a fourth Liquefaction Tolling Agreement (LTA) on its third train with Toshiba Corp., have left Asian buyers waiting with bated breath.

Asian gas prices have been traditionally linked to oil indexation, and with impending exports from North America, many buyers are hoping for a shift in the pricing paradigm and a fairer pricing mechanism not unlike the Henry Hub.

“[Asian] buyers find Henry Hub indexed LNG especially attractive, not only because the current outlook for the Henry Hub price results in lower delivered costs, but also because of the benefits that diversification brings in reducing their portfolio volatility.” Cheniere Energy’s, Vice President for LNG Trading, Nicolas Zanen said in a recent insight interview on U.S exports and pricing paradigms,“Over the last two years, Asian buyers have been very active in securing Henry Hub pricing. For instance, Cheniere entered into long term LNG contracts indexed to Henry Hub with Asian buyers for 7 mpta from a total of about 20 mtpa sold from the Sabine Pass LNG plant.”

Of all U.S LNG capacity already contracted for exports, almost half its exports are contracted with Asian buyers, representing more than 25 million tons per annum (mtpa) or about 1/6 of the volume currently imported in Asia. Even though other exporters such as East Africa and Canada also show significant potential in supplying gas to Asia, Mr Zanen believes that they will not pose a threat to U.S gas exports. He explains that these countries follow a more traditional LNG project model, as opposed to the U.S model where the market invests to produce the gas. This means that the U.S will be able to offer Henry Hub price indexation, extending the liquidity and flexibility of the U.S gas market into the global LNG business.

Mr Zanen will address the emergence of U.S LNG exports and the impact it will have on the global gas market liquidity in his presentation at the 2nd Annual Gas Asia Summit (GAS) in Singapore from 30 October to 1 November. Other key industry experts who will join Mr Zanen in a session titled “North American LNG: Assessing the Dynamics and Export Capacity of United States LNG to Asia” include Dr Mitchell Baer, Director, Office of Policy and International Affairs, The United States Department of Energy, Silvia Marucci, Senior Specialist, Liquid Bulk Segment Office of Market Research & Analysis, Panama Canal Authority and Peter Hansen, Chief Executive Officer, Oregon LNG.

The interview conducted with Mr Zanen is part of a series of interviews produced ahead of the Summit offering expert insights and analysis on key challenges facing the Asian gas community. For more information about the Summit or to read the insight interviews please visit the website.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: dmg :: events (UK) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Gas Asia Summit - Eyes on North American LNG, Dynamics and Export Capacity of United States LNG to Asia

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Samantha LingSamantha Ling - Gastech.co.uk 
+44(0)20 3615 2850 info[.]gasasiasummit.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any dmg :: events (UK) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From dmg :: events (UK) Ltd / Company Profile


Read Energy Most Recent Related Newswires:

Vestas Secures 112 MW for Three Projects in France
ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation
SolarWinds to Join the Discussion on Interoperable IT Management for Defense Forces at AFCEA’s TechNet Asia-Pacific 2016
BP and GE Launch New Offshore Digital Technology with Plans to Deploy Globally
GE Digital Acquires ServiceMax to Extend Predix and Analytics Across Field Service Processes
GE Digital Launches Collaborative App Development Program to Expand Digital Industrial Ecosystem
Voith Awarded A Prestigious Automation Contract for Two Norwegian Hydropower Plants

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)