From Import to Export Facilities: The LNG Industry Shift in North America Webinar
January 21, 2014 - 10 am CST
As recently as 2008, North American regulators were processing about 40 applications for LNG import terminals in the U.S., Canada and Mexico. Investors and energy consultants were touting the decades of expected income those facilities could use to pay for the required investment, and the potential returns to the companies that were willing to invest billions of dollars in import facilities. And the market responded, giving the US and Canada about 10 new import terminals (for a total of 15).
This year, American and Canadian regulators are swamped with LNG export applications. (Mexico is still in need of imported natural gas.) Those applications include:
- Requests to re-export from import terminals
- Applications to add liquefaction equipment to support export at locations that were developed as import facilities
- Applications to build new facilities (onshore or floating) to provide liquefaction and export capability
This webinar will summarize the current situation and provide insight into how efforts in each of these sectors of the LNG industry in North America are proceeding. It will also provide information to help participants understand:
- The shift in the North American LNG market
- The current activity in approval and operation of export facilities
- Issues with regulatory responsibilities for export versus import facilities (particularly with floating options)
- Cost information regarding import conversion versus new export developments (for cases where public data is available)
Duration: 1 hour
Myron Casada, Director of Risk and Security Service, has more than 35 years of experience in performing risk and security assessments of hazardous materials, along with a wealth of expertise in dealing with the regulations and regulatory agencies that apply to hazardous materials. In the LNG area, he has provided support to the Federal Energy Regulatory Commission (FERC), the U.S. Coast Guard, the Department of Homeland Security and numerous companies working with those agencies. He was a member of the expert panel that GAO assembled for the evaluation of public safety issues for LNG that was published in 2007.
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