LNG terminal

The New Map: Energy, Climate, and the Clash of Nations

by Daniel Yergin  · 14 Sep 2020

from one part of Europe to another. They reengineered pipeline systems so that the direction of gas flows could be reversed, if needed. Investment in LNG terminals and storage was promoted. “Destination clauses,” which limited the ability to shift gas supplies from one buyer to another, were eliminated. This package of policies

…

—that is, based on the short-term prices that emerged at the “trading hubs”—the places primarily in the UK and the Netherlands, where pipelines, LNG terminals, and gas trading converged. The EU also wanted contracts to be transparent to prevent what it defined as “anti-competitive” behavior, and it prohibited Gazprom

…

be a little more diplomatic. “The Russians are very good people, but it is difficult to negotiate with them,” he said. “We built a small LNG terminal to have a stronger position in negotiations with them. And it worked. Gazprom reduced its price.” A year later, Poland, also until then totally dependent

…

Will Boost EU’s Energy Security,” February 16, 2016; Groningen, Field Summary Report, IHS Markit, February 2020. 10. Andrius Sytas and Nerijus Adomaitis, “Lithuania Installs LNG Terminal to End Dependence on Russian Gas,” Daily Mail, October 27, 2014. 11. Association of Gas Producers of Ukraine, http://agpu.org.ua/en/. 12. “Ceremony

The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters

by Gregory Zuckerman  · 5 Nov 2013  · 483pp  · 143,123 words

risky. Souki had made a career out of raising cash, but he couldn’t raise a measly $20 or $30 million. There already were four LNG terminals in the United States that had been built in the 1970s, some potential investors noted. Two had been mothballed, and the other two hardly were

…

of an expensive terminal and connecting pipeline. After he built one terminal, he’d build a few more. By then, his plan included building four LNG terminals. When he heard Souki’s idea, Smith gave an immediate and blunt reaction. “You’re out of your mind,” he said. “No one’s built

…

uttered words that could have come out of Charif Souki’s own mouth: “Access to world natural gas supplies will require a major expansion of LNG terminal import capacity,” he said. Alan Greenspan’s speech changed everything for Souki. It was a seal of approval, out of the blue, as if Martin

…

with an oddball idea to the head of a company that might save the country. By then, there were plans for forty new or expanded LNG terminals under consideration in North America. Cheniere set the price terms that others copied, though, and Souki was at the vanguard of an emerging LNG revolution

…

wanted to shift to sell in the United States. Souki excited Wall Street investors and analysts by saying his company would build a string of LNG terminals around the country. The United States was producing nearly fifty billion cubic feet a day of natural gas, and expectations were that the level would

…

trying to keep his company from collapsing. In August, Souki managed to raise the $250 million of financing that Cheniere Energy needed to build its LNG terminal in Louisiana. He got the money from GSO Capital Partners, a hedge fund that’s part of the huge investment firm Blackstone Group, a sign

…

the New York Times that month. “It is more likely to see snow in New York in July than to see exports of gas from LNG terminals in the United States.”9 Cheniere ended the year under nine dollars, as many investors remained dubious about Souki and his latest stroke of genius

…

a 2012 event honoring Time magazine’s one hundred most influential people. Fernando Leon/Getty Images North America Charif Souki at his company’s Louisiana LNG terminal. Polaris Images Hydraulic fracturing creates pathways for oil and gas to flow from shale and other types of compressed rock. Courtesy of Nicolle Fuller Liz

Oil: Money, Politics, and Power in the 21st Century

by Tom Bower  · 1 Jan 2009  · 554pp  · 168,114 words

in 1990, but two years later the agreement was canceled. In 1995, Norsk Hydro of Norway, Conoco, Total and others were encouraged to consider an LNG terminal in the Barents Sea, but that was also abandoned. In 2000, Gazprom signed agreements with Exxon, Conoco, Chevron and Shell, and in 2005 invited their

Connectography: Mapping the Future of Global Civilization

by Parag Khanna  · 18 Apr 2016  · 497pp  · 144,283 words

. In a supply chain world, Transneft is a quiet executor of connectivity—paradoxically helping Europe win the tug-of-war against Russia. Furthermore, as American LNG terminals switch from gasification to liquefaction to export excess supply across the Atlantic, Europe will soon have a far more resilient energy infrastructure than before the

…

Ukraine crisis. As of 2014, a new floating LNG terminal called Independence has been positioned off the coast of Lithuania, additional LNG terminals are under construction in Poland, and a Danish North Sea terminal can reverse flows to export excess gas imports southward

…

Indonesia, Thailand, and Bangladesh and leads production of Western Australian gas as well—all mostly offshore reserves that require LNG tankers to ship.*4 An LNG terminal network and Asian gas pipeline grid, along with a gas-trading hub to replace rigid contracts with flexible pricing, would together represent the triumph of

Hope Dies Last: Visionary People Across the World, Fighting to Find Us a Future

by Alan Weisman  · 21 Apr 2025  · 599pp  · 149,014 words

records across the globe were being smashed annually, in nonlinear leaps that existing models couldn’t predict—while Donald Trump vowed if reelected to unfreeze LNG terminal permits on day one and to auction new drilling leases from Alaska to the Gulf of Mexico. Michael Greenberg’s generation knows we will never

Better, Stronger, Faster: The Myth of American Decline . . . And the Rise of a New Economy

by Daniel Gross  · 7 May 2012  · 391pp  · 97,018 words

sign of America’s energy desperation. The thirst for fuel led to a Bad Idea for the Ages: a proposal to set up a floating LNG terminal smack in the middle of Long Island Sound, equidistant between the North Shore of Long Island and the South Shore of Fairfield County, two of

Prisoners of Geography: Ten Maps That Explain Everything About the World (Politics of Place)

by Tim Marshall  · 10 Oct 2016  · 306pp  · 79,537 words

great energy consumers—Europe. To do this, the gas needs to be liquefied and shipped across the Atlantic. This in turn requires liquefied natural gas (LNG) terminals and ports to be built along the European coastlines to receive the cargo and turn it back into gas. Washington is already approving licenses for

…

export facilities, and Europe is beginning a long-term project to build more LNG terminals. Poland and Lithuania are constructing LNG terminals; other countries such as the Czech Republic want to build pipelines connecting to those terminals, knowing they could then benefit not just

A Line in the Tar Sands: Struggles for Environmental Justice

by Tony Weis and Joshua Kahn Russell  · 14 Oct 2014  · 501pp  · 134,867 words

Bay of Fundy in an epic battle against the state of Maine and a liquefied natural gas (LNG) producer that wanted to build a massive LNG terminal on their community’s sacred site, known as Split Rock. The terminal, had it been built, would have provided natural gas to the city of

The Hunt for Red October

by Tom Clancy  · 2 Jan 1984  · 594pp  · 165,413 words

the coast guard had closed to all normal traffic in order to allow the floating bomb to travel without interference all the way to the LNG terminal at Cove Point, Maryland—or so the story went. Ryan wondered how the navy had persuaded the ship's skipper to fake engine trouble or

The Moral Case for Fossil Fuels

by Alex Epstein  · 13 Nov 2014  · 257pp  · 67,152 words

power, there’s always the risk that we’ll lose control of the power. This can mean a nuclear meltdown, a massive fire at an LNG terminal, an explosion in a coal mine, a downed live power line, or even a flying windmill. When energy goes out of control, you can both

…

natural gas: availability of, 17, 18, 178 consumption of, 11, 18, 44, 44 drilling of, 74 energy from, 3, 66, 69–70 and fracking, 70 LNG terminals, 70 methane, 83 and peak-load electricity, 69 reliability of, 12 resources required for production of, 49–50, 49 and safety, 159 nature: enjoyment of

Imagining India

by Nandan Nilekani  · 25 Nov 2008  · 777pp  · 186,993 words

Apocalypse Never: Why Environmental Alarmism Hurts Us All

by Michael Shellenberger  · 28 Jun 2020

Brexit and Ireland: The Dangers, the Opportunities, and the Inside Story of the Irish Response

by Tony Connelly  · 4 Oct 2017  · 356pp  · 112,271 words