GGP: Will US LNG Remain Priced Out of Europe?

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When in 2012 Cheniere Energy Inc. broke ground with its first LNG liquefaction plant, it was hailed as the beginning of the end of Russia’s pipeline-enforced dominance of the European Union natural gas market. Many expected US LNG and Russian gas to battle it out for the price-setting role in Northwest Europe’s liquid gas trade.  And many still do.

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Australian Barossa Offshore Project Proposal Open for Public Comment

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The Australian National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has published the Barossa Area Development Offshore Project Proposal (Barossa OPP) for public comment, ConocoPhillips said July 13.

ConocoPhillips Australia Exploration and its co-venturers, SK E&S Australia and Santos Offshore is proposing to develop discovered hydrocarbon resources located in waters approximately 300 kilometres north of Darwin, Northern Territory. 

Barossa is an offshore gas and light condensate project that proposes to provide a new source of gas to the existing Darwin LNG facility, subject to suitable commercial arrangements being put in place. The development concept includes a floating production storage and offloading (FPSO) facility, subsea production system, and a gas export pipeline.

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Chinese Oil, Gas Pipeline Network to Expand to 240,000 km by 2025

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China’s oil and gas pipeline network will reach 240,000 kilometres by 2025, according to a report by the country’s National Development and Reform Commission (NDRC) released July 12.

According to NDRC by 2020, the oil and gas pipeline network is likely to be 169,000 km, with those for crude, refined oil and natural gas at 32,000 km, 33,000 km and 104,000 km, respectively.

At the end of 2015, the length of pipelines for crude, refined oil and natural gas was 27,000 km, 21,000 km and 64,000 km, respectively, the NDRC informed.

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Groundbreaking study outlines what you can do about climate change.

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Duke Energy wants to raise rates on 1.3 million North Carolina residents to offset the $200 million yearly it’ll take to clean coal ash from its plants out of drinking-water wells.

Nearby residents want the company’s shareholders and execs to foot the bill, especially since locals are living off of bottled water thanks to the contaminated wells.

“If a septic company comes to my house and accidentally spills sewage all over my property, are they going to send me the bill for that?” one resident asked the AP.

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Ask a scientist: How should we live in the face of climate change?

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David Wallace-Wells’ viral story in New York Magazine paints a vivid picture of climate change: The Arctic permafrost thaws into methane-spewing sludge, ocean acidification chokes out fish, and the heat cooks us in our skeletons.

Climate science can seem distant and inhuman, particularly when it’s foretelling the parched doom of humans. Wallace-Wells’ reliance on that doom and flourish has elicited the objection of some scientists. Telling the human race exactly what kind of threats await our home is sensitive business, a fact of which scientists are sharply aware.

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