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FERC Commissioner LaFleur Questions Length of U.S. LNG Export Advantage

FERC Commissioner Cheryl LaFleur told an industry group last week that as the rush to build LNG export terminals continues, she wondered "how long the technological advantage that the U.S. appears to hold in unconventional gas extraction will last," and
April 23, 2012

FERC Commissioner Cheryl LaFleur told an industry group last week that as the rush to build LNG export terminals continues, she wondered "how long the technological advantage that the U.S. appears to hold in unconventional gas extraction will last," and how long it will take other countries with shale gas plays to catch up to the technology and reduce the current price advantage of U.S. gas supplies. LaFleur also noted that in FERC’s order approving the Sabine Pass LNG export application last week, the Commission clarified that its role is to determine the public interest for the export facilities, whereas the U.S. Department of Energy reviews the commodity export and balance of trade issues. Read more in Platts LNG Daily [subscription required].

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