Cameron LNG Export Terminal

Fri, 2011-12-09 10:24Steve Horn
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Fracking Ohio's Utica Shale to "Boost Local Economy"? A "Total" Sham

It is a well-known fact that the unconventional gas industry is involved in an inherently toxic business, particularly through hydraulic fracturing (“fracking”), which the EPA just confirmed has contaminated groundwater in Wyoming. The documentary film “Gasland,” DeSmogBlog's report “Fracking the Future: How Unconventional Gas Threatens our Water, Health, and Climate,” and numerous other investigations, reports, and scientific studies have echoed the myriad problems with unconventional oil and gas around the globe.

What is less well-known, but arguably equally as important, is who exactly stands to benefit economically from the destruction of our land, air, and water in the gas industry's rush to profit from the fracking bonanza. The U.S oil and gas industry would have us believe that they are principally focused on ushering in American energy independence. But their claims are increasingly suspect as the real motivation of this industry becomes clearer by the day.

A hint: it's not the small “mom and pop,” independent gas companies, but multinational oil and gas corporations. Another hint: it's often not even American multinational oil and gas corporations, but rather, foreign-based multinational oil and gas corporations who stand to gain the most.

France's Total S.A. Enters Ohio's Utica Shale, as well as Uganda, South Sudan and Kenya

On December 7, Bloomberg's Businessweek reported that Total S.A. is positioning itself to acquire 25 percent of Chesapeake Energy’s stake in Ohio's Utica Shale, valued at $2.14 Billion

Total S.A., the largest oil and gas producer in France, is a multinational corporation perhaps most notorious for its involvement in Iraq's “Oil-For-Food” scandal. In 2010, Total S.A. was accused of bribing former Iraqi dictator Saddam Hussein's officials to secure oil supplies. 

Fri, 2011-11-18 05:15Steve Horn
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ExxonMobil and Shell Eyeing North American LNG Export Deals

Yesterday, LNG World News reported that ExxonMobil Vice President Andrew Swiger announced, at a conference hosted by Bank of America Merrill Lynch, that it was actively seeking LNG (liquefied natural gas) export terminals throughout North America, including, but not limited to, in British Columbia and on the Gulf Coast.

In terms of exports from North America, whether it is the Gulf Coast or whether it is Western Canada, it’s something we’re actively looking at,” said Swiger.

So, where are these prospective export terminals located, what are the key pipelines carrying the unconventional gas produced from shale basins, and what are the key shale basins in the mix? Hold tight for an explanation.

Golden Pass LNG Terminal and Golden Pass Pipeline

The LNG World News article explains that ExxonMobil “has a stake in the Golden Pass LNG Terminal in Texas,” but does not explain exactly what the “stake” is.

A bit of research shows that ExxonMobil is a 17.6% stakeholder in the Golden Pass LNG Terminal, according to a March 2011 article publshed by Platts. It is co-owned by ConocoPhillips and Qatar Petroleum, who own a 12.4% and 70% stake in Golden Pass LNG, respectively.

Tue, 2011-11-15 13:37Steve Horn
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Fracking Leads To Export Bonanza: Another Unconventional Gas Export Terminal Submitted to US DOE by Sempra

On November 11, Sempra LNG, a subsidiary of Sempra Energy, submitted an export proposal to the Federal Energy Regulatory Commission (FERC).

Sempra explained in a press release,

Sempra Energy has become the sixth US company, and fourth in the US Gulf, with formal intentions to export US natural gas as LNG (liquefied natural gas), having filed a request with US regulators…The California-based company asked the US Department of Energy (DOE) for consent to send up to 1.7 billion cubic feet (bcf)/day (0.05 million cubic metres/day) to free-trade-friendly countries for 20 years. Sempra said the [this] was the first in a two-part process, with a request to export to non-free-trade nations to follow.

This comes on the heels of the huge announcement by Cheniere Energy, Inc. and BG Group, in which the two corporations agreed to work together to export natural gas from the Sabine Pass LNG Export Terminal located on the Gulf Coast in Louisiana to the global market. DeSmogBlog covered that deal in depth in an article titled, “Massive Natural Gas Export Deal Inked by BG Group, So Much for Industry's 'Domestic Energy' Claims.”

Sempra's prospective LNG export facility is located on the Calcasieu Channel, 18 miles from the Gulf of Mexico in Hackberry, La, which is approximately 148 miles east of Houston, Texas, and 230 miles west of New Orleans, Louisiana. It appears much of the gas will be shipped off to Europe, as in August 2005, Sempra LNG signed an agreement with Eni, an Italian oil and gas conglomerate, to supply 40 percent of their LNG export capacity to Eni. 

Fracking for unconventional gas for “energy independence” and “national security” purposes? Once again, the facts reveal the contrary.

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