Good news for natural gas

[dan_s]

U.S. LNG Players Announce Updates; Cove Point Plans to Begin Shipments in Q4 2017. Oil and Gas 360.

Liquefied natural gas, long the domain of foreign producers like Qatar, has come to the U.S., with many LNG projects in the works. In general, these projects are progressing quickly, and several have released recent updates on their operations. While most planned LNG facilities are located in either Louisiana or Texas, a few will be constructed outside of the Gulf. One of these, Dominion Energy’s Cove Point in Maryland, is queued to become the second major U.S. LNG export facility to begin shipping cargoes. “The Cove Point export project remains on schedule for completion in the fourth quarter of this year,” a spokesman for Dominion said via email. In its September update, Cove Point posted a statement on its website saying that “the liquefaction project is 95% complete; there are currently more than 3,200 construction workers on site.”
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Today, the U.S. exports about 7 Bcf per day. Most of it is by pipelines to Mexico and Canada.

By 2020 our export capacity will be close to 19 Bcf per day.