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Permalink Reply by layla on July 25, 2012 at 3:27

Not Japan on these two sites but other significant Asian markets-China & Malaysia going in big in Canada so HA may be on the menu....Who knows?

 

http://online.wsj.com/article/SB10000872396390443437504577544470741...

http://www.reuters.com/article/2012/06/28/us-progressenergy-offer-i...

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Permalink Reply by North LA on July 25, 2012 at 5:33

Do you happen to have a link to the article or was it an internal memo that you read? Or are you just being smart alec and you're talking about this thread?

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Permalink Reply by JHH on July 25, 2012 at 13:31

I read somewhere a few weeks ago... that the "administration" told Japan... a decision on them getting U.S. natural gas would not be made until after the election.  This decision came after Japanese government officials about begged for help because it was shutting down its nuclear program and needed our help.  We said no... not now!  We should be ashamed!

Have not heard anything about Japan reaching a deal for HS gas.

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Permalink Reply by JHH on July 26, 2012 at 0:56

Yes, i think the APGA was/is trying to block exports.

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Permalink Reply by Hopeful About Natural Gas on July 25, 2012 at 16:40

Haven't a lot of the shales around the US been sold to overseas buyers?  How will the gas get overseas? 

It seems to me that the US is going to risk a bad foreign policy mess if we sell gas that we cannot ship. I see a lot of fights ahead for exports, at least that's what the news on the west coast all says.  I think we should be exporting natural gas, but not a single neighbor of mine feels that way. To them exports to Asia means they will have to pay more for it.

Do we really have the export facilities even in the planing stage to send as much gas as we have sold?  I admit I don't know how the export market works, but at some point the Asians will want real natural gas and they will be very pod if they paid a bunch to lock up a supply for the future and the US does not deliver.  But, maybe my concern is not realistic?

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Permalink Reply by JHH on July 26, 2012 at 1:03

No, i don't think we have very many export facilities... permits are difficult to get... plus construction is expensive.  But i've often wondered.  If so many foreign countries are buying into U.S. shale fields... how to they ever expect product delivery.  the clock is ticking.  one day they'll come demanding what they paid for.

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Permalink Reply by Clyde T. Williams on July 26, 2012 at 9:35

More general comment after reading the various comments.

1. Japan, China, Malaysia and others want not our gas - but access to companies, expertise, and technologies rather than trying to start their's from zero...easiest buy someone who is doing it then send your engineers to someone for training then contract the someone to come and do it i n their country with your people onsite and eventually taking over....

2.  Chiina has gas - sources and reservoirs and some experience - they are very close to Japan, Korea, Taiwan, and Malaysia and they want to sell to these - either LNG or CNG/LNG pipelines to them - in place and operating 20+years is a pipeline from offshores near Hainan Island to HongKong for the >1000MW BlackPoint Power Station   It is to China's (CNOC) advantage to buy companies NOW and stop the LNG terminals on the west coast - Oregon which is also the policy of the Sierra Club - strange bedfellows first Cheaspeake then CNOC.

3.  All of the overseas competitors want $5+MMBtu gas in the US in order to be more competitive during the next few years and right now companies, rigs, and experienced staff are cheap to export to help them get up on the learning curve and locally supply before any LNG can be exported at $3/MMBtus

Welcome to the market place

Tom Wms - California Retired-40 year overseas, TX, LA, California, NYS, etc....

Also design/construct first offshore oil production platform in Arctic Ocean - Endicott

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