RE:RE:RE:RE:RE:Crew’s performance More supportive news for nat gas from RBNEnergy.com
Between Sabine Pass Train 6 and the first block of Calcasieu Pass, that’s nearly 1 Bcf/d of incremental feedgas demand coming online during a winter withdrawal season that’s already going to start with a deficit to previous years (see High Voltage). Moreover, as we noted up top, the more export capacity there is from U.S. shores, the greater the exposure to the price premiums and volatility in international markets. Understandably then, U.S. gas market participants are hawk-eyed when it comes to the progress and timelines of these two projects, as well as future second-wave projects. Given that LNG exports are increasingly the linchpin of gas markets, both in the U.S. and abroad, we will follow up tomorrow with a longer-term view on another aspect of the all-important LNG picture: the economics of North America’s Pacific Coast vs. Gulf Coast export projects.