Good for the USA Natural Gas producers - from gCaptain:
American Shale Gas Headed to Far East for First Time Ever
The Far East, which imports more liquefied natural gas than any other region of the world, is preparing to receive its first supplies from America’s shale bounty.
A tanker that loaded liquefied natural gas at Cheniere Energy Inc.’s export terminal in Louisiana is bound for the Far East, according to an official at tanker owner Maran Gas Maritime Inc. who asked not to be identified because he isn’t authorized by the company to speak on the record. The company that chartered the vessel, Royal Dutch Shell Plc, has yet to say exactly which country and buyer will receive the cargo, he said.
And this is not just a flash in the pan:
...with more than half of U.S. LNG export capacity slated to be online by 2020 contracted to Asian buyers, based on a Bloomberg New Energy Finance analysis.
Very cool - we have a huge known reserves with more able to come online as soon as prices go up a bit.
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