Fwd: Second Wave of LNG - Happening Now

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Scott Shields LNG Consultant Houston Katy Texas - Repost from LNG World News  Post update by www.M-SConsulting.com Dominion Energy confirmed on Friday that  the first LNG cargo  from its Cove Point terminal in Maryland, the second US facility to produce LNG from shale gas, has departed the facility. Shell’s 136,985-cbm LNG carrier Gemmata, carrying the first cargo of LNG from Cove Point produced for export, departed Thursday, March 1, Dominion said in its statement. The $4 billion Cove Point facility is currently undergoing final commissioning. “All major equipment has been operated and is being commissioned as expected following a comprehensive round of testing and quality assurance activities,” Dominion said. Shell NA LNG is providing the natural gas needed for liquefaction during the commissioning process and is off-taking by ship the LNG that is produced. When commissioning is complete, Dominion’s LNG export facility will produce the chilled f...
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US LNG exports rise on week, first Cove Point LNG export cargo expected soon Cove Point LNG (Image courtesy of Dominion Energy) Cheniere’s Sabine Pass liquefaction terminal in Louisiana, currently the only such a facility to export US shale gas overseas, has sent out more cargoes in the week ending February 28 as compared to the previous week. Five LNG vessels with a combined capacity of 17.6 billion cubic feet (Bcf) have departed the plant since Wednesday last week, the Energy Information Administration said in its weekly natural gas report. This compares to three LNG vessels with a combined capacity of 11.5 Bcf in the week before. One tanker with a capacity of 3.5 Bcf was loading at the Sabine Pass terminal on Wednesday. The natural gas feedstock to the terminal averaged 3.6 Bcf/d during the report week as compared to 2.4 Bcf/d in the prior week. Re-post by www.morganshields.com  First Cove Point LNG export cargo Dominion Energy’s Cove Point...
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Scott Shields Houston Katy Texas BIO Mr. Shields, in Katy and Houston Texas, currently provides oil & gas consultancy services through Morgan Shields LLC, where he advises LNG, natural gas and midstream market fundamentals, commercial negotiations, deal & company structuring, commercial best practices, risk management, and strategies to private equity, debt holders, and executive management of exporters, producers, midstream, utility and industrial companies. Mr. Shields has consulted and worked for 7 LNG companies. Recently, he kick-started an LNG client’s strategic energy planning, enterprise risk management, and its equity capital raise, and he originated long-term gas supply, pipeline, and LNG offtake contract negotiations.  His efforts resulted in 1) an MOU-proposal for a reverse merger into a public company, 2) innovative structure enabling LNG buyers to immediately contract long-term for alternate commodity pricing, 3) advanced pipeline and LNG offta...
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