Be the first to like this
In the past five years, US LNG export scale-up has grown from just being a lucrative commercial opportunity for gas E&P and marketing companies, to a move critical to the economic sustainability of the American natural gas industry. Holding 2,543 trillion cubic feet of recoverable natural gas, the United States has more than a hundred year's domestic supply of natural gas at current consumption rates in a global economy where demand from markets in Asia, South America and Europe is growing at pace.
Given that some of the largest markets for LNG are currently non-FTA regions such as Asia, Europe and Latin America, U.S. natural gas companies and non-FTA countries are dynamically seeking long-term contracts for considerable volumes of LNG. However, lack of transparency around the DOE's decision criteria to grant NFTA export licenses, uncertainty over country-specific energy demands and ambiguity surrounding liquefaction and export terminal completion timelines are hampering US producers from fully capitalizing on the excessive supply of natural gas, despite the increasing global demand for it.
This prospect of realizing the ramp up of US exports in light of government regulations, global demand and infrastructure expansion has sparked a contentious energy debate in the US and is fueling escalating discussions in Asian, European and Latin American energy circles.
The LNG Export USA 2014: Global Buyer Congress has been strategically designed to be the only LNG congress focused specifically on connecting US supply with international demand, gathering some of the most senior strategically positioned LNG executives and key international LNG buyers from Asia, Europe and Latin America to successfully deliver long-term sustainable and lucrative LNG trade partnerships. The two day event will be packed with strategic presentations and discussions examining the very latest US government export regulations, quantifying global supply, demand and pricing, and expediting the growth of export terminal infrastructure capacity. The definitive purpose of the congress is to establish the global competitiveness of US LNG and reduce the risk and uncertainly of international trading contracts for buyers to drive forward the realization of LNG export opportunities in North America.