Il suicidio del fracking

[Giocondo]

Qualora si dovesse procedere con una esportazione importante di gas (ma ho i miei dubbi) quelli che perde il sonno e' Vladimiro.

E io che me ne frego dei Russi? Per gli interessi italiani, avere massima diversificazione e' l'unica strategia possibile.
Comunque no, il primo esportatore di LNG al momento e' il Quatar, se virano tutti sugli Usa vedi come se la fanno nelle braghettine i tuoi amichetti.

[paulhowe]

E io che me ne frego dei Russi? Per gli interessi italiani, avere massima diversificazione e' l'unica strategia possibile.
Comunque no, il primo esportatore di LNG al momento e' il Quatar, se virano tutti sugli Usa vedi come se la fanno nelle braghettine i tuoi amichetti.

Certo, ma i prezzi del gas in europa ha cercato di imporli Vladimiro con Ga$prop, non certo l'emiro del Qatar.

[Amati75]

Bloomberg News

European LNG Market Needs U.S. for Spot Cargoes, Eneco Says (1)

By Anna Shiryaevskaya September 23, 2013

---

Liquefied natural gas traders in northwest Europe won’t buy many short-term cargoes of the fuel until U.S. export projects boost supply and end the deferral of cargoes to Asia, according to Eneco Holding NV’s trading unit.
At least six U.S. terminals need to start operating by 2018 to 2020 to increase shipments to Europe, according to Frens Geuzinge, head of gas structuring and origination at Eneco Energy Trade. The Rotterdam-based company hasn’t bought a spot cargo this year after contracting one in 2012, he said.
Price differences between Asia and Europe widened in the past two years as demand soared in Japan following the shutdown of nuclear reactors after the March 2011 Fukushima disaster, reducing imports to Europe and encouraging reloading of tankers for exports from storage tanks. The U.S. has approved exports of LNG to countries with which it doesn’t have a free trade agreement from four terminals and 18 applications are pending as a shale gas boom boosts domestic gas output. The first plant, Cheniere Energy Inc.’s Sabine Pass, may start producing LNG in 2015, according to a regulatory filing Aug. 2.

“It will be very difficult to bring in spot cargoes into northwest Europe as long as the worldwide LNG market is tight,” Geuzinge said by e-mail Sept. 20. “After some U.S. LNG projects will be developed and producing, the northwest European market will become more relaxed.”
Eneco, which has an LNG team of five people, has a position at the Gate terminal in Rotterdam to import 1 billion cubic meters of gas per year until October 2015. While having a supply contract with Royal Dutch Shell Plc (RDSA) for half of that volume until then, the company also concluded several option contracts for the remaining capacity, as well as trying to source spot cargoes, Geuzinge said.
Asian Premium

Asia has paid on average $3.47 per million British thermal units more than Europe in the past year, according to assessments by World Gas Intelligence of cargoes for delivery in four to eight weeks. Prices in Asia rose to a record $19.40 in February, when the European contract cost $14.70, the WGI data show. The premium was at $4.05, the highest level in six weeks, as of Sept. 16, according to the data.

“Accepting LNG at pricing conditions above the traditional benchmarks will be difficult for us,” Geuzinge said.
Since the opening of Gate in September 2011, Eneco has berthed two ships under the Shell contract, in January 2012 and April 2013, and one spot cargo in July 2012, he said. Gate received two tankers in January 2012, the Gemmata and LNG Jupiter, according to port and ship-tracking data compiled by Bloomberg. The Dutch port received one cargo in April 2013 on board the Al Khuwair and two vessels in July 2012, LNG Port Harcourt and Arctic Princess, the data show.
European Volumes

Spot and short-term trades accounted for 25 percent of the global LNG market last year, according to the International Group of Liquefied Natural Gas Importers, a Paris-based lobby group. While Europe received 12 percent of global spot cargoes in 2012, down from 20 percent a year earlier, it accounted for most of the 75 reloads, up from 44 in 2011, the data show.

Eneco is also using Gate for reloads and plans to develop a small-scale LNG business in northwest Europe, which “inevitably will develop,” Geuzinge said. In 2015, a new sulfur-emission regulation will come into force for the North Sea and the Baltic Sea, and the use of environmentally cleaner LNG is expected to grow in transportation, according to Gate.
While much of the North American supplies, linked to Henry Hub benchmark prices, will head to the Pacific Basin to benefit from higher demand, some volumes will end up in Europe, said John Hattenberger, chief executive officer of Global NatGas Advisors LLC in Houston, who has worked in LNG and natural gas for 36 years including as the former head of Gazprom Marketing & Trading Ltd.’s U.S. unit.
Market Liquidity

“I think the major impact from North American exports will be a huge increase in market liquidity: more ships, flexible delivery, Henry Hub indexed pricing, and a lot more players in the LNG trading space,” he said last month.

The Energy Department this month granted Dominion Resources Inc. approval to export LNG from an existing terminal in Maryland, after allowing Lake Charles Exports LLC last month to ship the fuel from its terminal in Louisiana. The U.S. had previously approved LNG exports from the Sabine Pass terminal in Cameron Parish, Louisiana, and the Freeport LNG Terminal in Quintana Island, Texas.
North America will probably export 50 million metric tons in 2020, 80 percent of which on the spot market, according to Thierry Bros, an analyst at Societe Generale SA in Paris. That would help boost the spot market to 110 million tons, or 32 percent of total LNG supply, he said.
“We should get a little bit more LNG in Europe in 2020,” Bros said Sept. 20 by e-mail. “In our model we have 50 billion cubic meters of LNG in 2018 versus a record low of 42 billion cubic meters in 2013.”

To contact the reporter on this story: Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net
To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net


European LNG Market Needs U.S. for Spot Cargoes, Eneco Says (1) - Businessweek

[Giocondo]

Bloomberg News

European LNG Market Needs U.S. for Spot Cargoes, Eneco Says (1)

By Anna Shiryaevskaya September 23, 2013

---

Liquefied natural gas traders in northwest Europe won’t buy many short-term cargoes of the fuel until U.S. export projects boost supply and end the deferral of cargoes to Asia, according to Eneco Holding NV’s trading unit.
At least six U.S. terminals need to start operating by 2018 to 2020 to increase shipments to Europe, according to Frens Geuzinge, head of gas structuring and origination at Eneco Energy Trade. The Rotterdam-based company hasn’t bought a spot cargo this year after contracting one in 2012, he said.
Price differences between Asia and Europe widened in the past two years as demand soared in Japan following the shutdown of nuclear reactors after the March 2011 Fukushima disaster, reducing imports to Europe and encouraging reloading of tankers for exports from storage tanks. The U.S. has approved exports of LNG to countries with which it doesn’t have a free trade agreement from four terminals and 18 applications are pending as a shale gas boom boosts domestic gas output. The first plant, Cheniere Energy Inc.’s Sabine Pass, may start producing LNG in 2015, according to a regulatory filing Aug. 2.

“It will be very difficult to bring in spot cargoes into northwest Europe as long as the worldwide LNG market is tight,” Geuzinge said by e-mail Sept. 20. “After some U.S. LNG projects will be developed and producing, the northwest European market will become more relaxed.”
Eneco, which has an LNG team of five people, has a position at the Gate terminal in Rotterdam to import 1 billion cubic meters of gas per year until October 2015. While having a supply contract with Royal Dutch Shell Plc (RDSA) for half of that volume until then, the company also concluded several option contracts for the remaining capacity, as well as trying to source spot cargoes, Geuzinge said.
Asian Premium

Asia has paid on average $3.47 per million British thermal units more than Europe in the past year, according to assessments by World Gas Intelligence of cargoes for delivery in four to eight weeks. Prices in Asia rose to a record $19.40 in February, when the European contract cost $14.70, the WGI data show. The premium was at $4.05, the highest level in six weeks, as of Sept. 16, according to the data.

“Accepting LNG at pricing conditions above the traditional benchmarks will be difficult for us,” Geuzinge said.
Since the opening of Gate in September 2011, Eneco has berthed two ships under the Shell contract, in January 2012 and April 2013, and one spot cargo in July 2012, he said. Gate received two tankers in January 2012, the Gemmata and LNG Jupiter, according to port and ship-tracking data compiled by Bloomberg. The Dutch port received one cargo in April 2013 on board the Al Khuwair and two vessels in July 2012, LNG Port Harcourt and Arctic Princess, the data show.
European Volumes

Spot and short-term trades accounted for 25 percent of the global LNG market last year, according to the International Group of Liquefied Natural Gas Importers, a Paris-based lobby group. While Europe received 12 percent of global spot cargoes in 2012, down from 20 percent a year earlier, it accounted for most of the 75 reloads, up from 44 in 2011, the data show.

Eneco is also using Gate for reloads and plans to develop a small-scale LNG business in northwest Europe, which “inevitably will develop,” Geuzinge said. In 2015, a new sulfur-emission regulation will come into force for the North Sea and the Baltic Sea, and the use of environmentally cleaner LNG is expected to grow in transportation, according to Gate.
While much of the North American supplies, linked to Henry Hub benchmark prices, will head to the Pacific Basin to benefit from higher demand, some volumes will end up in Europe, said John Hattenberger, chief executive officer of Global NatGas Advisors LLC in Houston, who has worked in LNG and natural gas for 36 years including as the former head of Gazprom Marketing & Trading Ltd.’s U.S. unit.
Market Liquidity

“I think the major impact from North American exports will be a huge increase in market liquidity: more ships, flexible delivery, Henry Hub indexed pricing, and a lot more players in the LNG trading space,” he said last month.

The Energy Department this month granted Dominion Resources Inc. approval to export LNG from an existing terminal in Maryland, after allowing Lake Charles Exports LLC last month to ship the fuel from its terminal in Louisiana. The U.S. had previously approved LNG exports from the Sabine Pass terminal in Cameron Parish, Louisiana, and the Freeport LNG Terminal in Quintana Island, Texas.
North America will probably export 50 million metric tons in 2020, 80 percent of which on the spot market, according to Thierry Bros, an analyst at Societe Generale SA in Paris. That would help boost the spot market to 110 million tons, or 32 percent of total LNG supply, he said.
“We should get a little bit more LNG in Europe in 2020,” Bros said Sept. 20 by e-mail. “In our model we have 50 billion cubic meters of LNG in 2018 versus a record low of 42 billion cubic meters in 2013.”

To contact the reporter on this story: Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net
To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net


European LNG Market Needs U.S. for Spot Cargoes, Eneco Says (1) - Businessweek

Già Livorno da solo fa 8 miliardi di metri cubi, ed è operativo da 20 giorni neanche. L'Olanda peraltro è un grosso produttore di gas, non ha molta necessità di LNG. Ciò nonostante si dice chiaramente che gli Usa diventeranno fornitori, questo non può non avere incidenza sui prezzi.

[Amati75]

Già Livorno da solo fa 8 miliardi di metri cubi, ed è operativo da 20 giorni neanche. L'Olanda peraltro è un grosso produttore di gas, non ha molta necessità di LNG. Ciò nonostante si dice chiaramente che gli Usa diventeranno fornitori, questo non può non avere incidenza sui prezzi.

Appunto, le previsioni, come anche indicato qualche giorno fa, parlando di prezzi a 6 dollari una volta entrate a regime le esportazioni dagli attuali 6 (interni) ma resteranno in ogni casi ben al di sotto del picco toccato negli USA di 14.
Quindi si avra' un vantaggio dall' esportare la risorse ed anceh dal punto di vista del costo dell' energia in se.

[Giocondo]

Appunto, le previsioni, come anche indicato qualche giorno fa, parlando di prezzi a 6 dollari una volta entrate a regime le esportazioni dagli attuali 6 (interni) ma resteranno in ogni casi ben al di sotto del picco toccato negli USA di 14.
Quindi si avra' un vantaggio dall' esportare la risorse ed anceh dal punto di vista del costo dell' energia in se.

Ma se tu mi dici che al momento i prezzi sono un terzo degli altri, fino a che non si equilibrano tutti cercheranno di andare li a comprare, e a furia di andarci faranno schizzare i prezzi, non capisco come facciano loro a prevedere di calmierarli.
Perché mai devo vendere a 6 se c'è uno che mi paga 10 visto che per lui l'alternativa è comprare a 15?

[Amati75]

Ma se tu mi dici che al momento i prezzi sono un terzo degli altri, fino a che non si equilibrano tutti cercheranno di andare li a comprare, e a furia di andarci faranno schizzare i prezzi, non capisco come facciano loro a prevedere di calmierarli.
Perché mai devo vendere a 6 se c'è uno che mi paga 10 visto che per lui l'alternativa è comprare a 15?

Perche' per esportarli si necessita di una licenza, e' un mercato ristretto ed altamente regolato, dipende da una legge messa in atto al tempo dell' embargo petrolifero e mai tolta.
Cosi come anche per teminali per l' esportazione di LNG servono licenze e permessi.
Ovvero di possibilita; di regolazione del prezzo ve ne sono sia in termini legislativi, di contenimento dell offerta, sia ovviamente, piu' aumentera' il prezzo, piu' aumentera' la produzione, anche questo ovviamente influenzera' sul prezzo finale.

[Giocondo]

Perche' per esportarli si necessita di una licenza, e' un mercato ristretto ed altamente regolato, dipende da una legge messa in atto al tempo dell' embargo petrolifero e mai tolta.
Cosi come anche per teminali per l' esportazione di LNG servono licenze e permessi.
Ovvero di possibilita; di regolazione del prezzo ve ne sono sia in termini legislativi, di contenimento dell offerta, sia ovviamente, piu' aumentera' il prezzo, piu' aumentera' la produzione, anche questo ovviamente influenzera' sul prezzo finale.

Ah beh allora è un'altra storia. Comunque, un mercato libero che mette vincoli, sai bene dove porta.
I furbetti del quartierino non l'hanno mai spuntata, anche da questa parte dell'oceano ci sono dei colossi in grado di muovere potenti lobbies a Bruxelles.

[Amati75]

Ah beh allora è un'altra storia. Comunque, un mercato libero che mette vincoli, sai bene dove porta.
I furbetti del quartierino non l'hanno mai spuntata, anche da questa parte dell'oceano ci sono dei colossi in grado di muovere potenti lobbies a Bruxelles.

Fino a quando non sara' rivista la legge sulle esportazioni il processo sara' quello.
Ovviamente si dovra' trovare un bilanciamento fra i lati positivi dell' esportare tale risorsa (alti prezzi, quindi bilancia commericale in migliroamento, cosi come quella dei pagamenti ecc ecc) con quelli di tenere i prezzi energetici ad un livello tale che permetta apunto un fattore di richiamo di investimenti diretti nel settore manufatturiero, cosa che sta avvenendo gia' da qualche anno, l' equilibrio perfetto non lo si avra' mai, logicamente, ma non si potra' rinunciare al vantsggkio competitivo per la produzione interna perinseguire il solo beneficio dell' esportazione.

[paulhowe]

Utica, Marcellus shales are ripe with natural gas to benefit Ohio, Pennsylvania - News - Ohio


The two shales are capable of producing enough natural gas to power electric-producing power plants now fueled with coal and other large customers, he told 250 people on Tuesday at the Think About Energy Summit sponsored by America’s Natural Gas Alliance, a national trade group.
The Utica-Marcellus region is now the third-largest producer of natural gas in North America with 12.5 million cubic feet per day, behind only Texas and western Canada. It may soon surpass Canada and take over the No. 2 spot, he said.

.....Ohio has four new or proposed gas-fired plants and Pennsylvania has eight, alliance officials said.In 2010, natural gas produced 5 percent of Ohio’s electricity. Today it’s up to 17 percent.
Natural gas now produces $16.2 billion for Ohio’s economy, the alliance says.
New demand for natural gas in Ohio is expected to grow nearly 400 million cubic feet per day in Ohio in the next 10 years. Peak demand is expected to grow by nearly 500 million cubic feet per day in Pennsylvania in that time. But production will dwarf those totals, Carlson said.
Current natural gas forecasts from the Utica and Marcellus may be too low and could turn out to be even higher, he said. There is a “significant potential” for even more natural gas being produced in eastern Ohio and Pennsylvania, he said.
What’s been developed in the Utica and Marcellus shale, to date, is “the tip of iceberg,” said James Crews of MarkWest Energy Partners, a major pipeline and processing company.
He predicted that the two shales will still be producing for the “next 100 to 200 years.”



Con buona pace di Giacomino e Metabolino......