LNG Exports Could Mean Big Business for Texas and Louisiana, an

LNG Exports Could Mean Big Business for Texas and Louisiana, an
Industrial Info News Alert 
SUGAR LAND, TX -- (Marketwire) -- 10/26/12 --  Researched by
Industrial Info Resources (Sugar Land, Texas) -- The production of
natural gas from shale formations throughout the U.S. has been
nothing short of a game changer. Natural gas is being produced from
the U.S. in record amounts, reserves are at an all-time high, and
prices are at historic lows. 
A decade ago, when the United States' natural gas needs far exceeded
domestic supply, facilities for the import of liquefied natural gas
(LNG) were constructed, where imported LNG would be regasified and
shipped across the country. With the current surplus of domestically
produced natural gas, plans are now on the table to convert these now
unnecessary import terminals into LNG liquefaction and export
facilities.  
In April this year, Cheniere Energy Incorporated (AMEX:LNG) and its
limited partnership, Cheniere Energy Partners LP (NYSE:CQP), were
given the go-ahead by federal regulatory agencies to convert their
existing Sabine Pass import terminal in Cameron Parish, Louisiana,
into an export facility. Site preparation has begun, although earlier
this month the Department of Energy said that Sierra Club's
objections to the project warranted further consideration, and
Congress has asked for studies regarding the implications of LNG
exports. 
In addition to Cheniere's Sabine Pass project, Industrial Info is
tracking three LNG export projects worth approximately $11.45 billion
that are planned in Texas and Louisiana, should regulatory permission
be granted. These include Sempra LNG's liquefaction plant, located
near Cheniere's facility in Louisiana, and two facilities in Texas,
one of which would be owned by Cheniere. 
At our upcoming exclusive market outlook and networking event, held
November 7 at the White Oak Plantation in Baton Rouge, Louisiana,
Industrial Info will be discussing Oil & Gas Production projects, as
well as other industrial trends in the U.S. and Canada, with special
emphasis on the Gulf Coast and Southwest market regions. Industries
covered will include:  


 
--  Power Generation
--  Oil & Gas
--  Petroleum Refining
--  Chemical Processing
--  Metals & Minerals

  
Registration begins at 3:30 p.m., with the outlook presentations
beginning promptly at 4:00 p.m., followed by a "meet and greet"
networking event. Click here for more information or to RSVP for this
exclusive event. 
Industrial Info Resources (IIR), with global headquarters in Sugar
Land, Texas, and eight offices outside of North America, is the
leading provider of global market intelligence specializing in the
industrial process, heavy manufacturing and energy markets.
Industrial Info's quality-assurance philosophy, the Living Forward
Reporting Principle(TM), provides up-to-the-minute intelligence on
what's happening now, while constantly keeping track of future
opportunities. To contact an office in your area, visit the
www.industrialinfo.com "Contact Us" page. 
Contact:
Joe Govreau
713-783-5147 
 
 
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