The energy landscape is really changing with the shale gas find. Here is an article about one possible change in supplying Asia with LPG that is outlined in the book Power Plug-In.
Read and be informed:
Widening of the Panama Canal, due to be completed in 2014, will allow most LNG tankers to transit the isthmus and make natural gas from Gulf of Mexico ports “instantly economic” to transport to high-price Asian markets.
That’s key for multiple proposals to build plants to liquefy and ship surplus US natural gas, according to experts at a Brookings Institution seminar Jan. 24. Most proposals are for existing but unused LNG import terminals on the Texas and Louisiana coasts. Giant LNG tankers, like the largest modern freighters, are too big for the existing Panama locks.
The Gulf region hosts the US’s largest concentration of natural gas pipelines and storage facilities, serving conventional wells on- and off-shore plus gas shales like the Barnett in Texas and the Haynesville in Louisiana. But prices at Louisiana’s Henry Hub have recently sunk below $2.50/mmBtu as growing shale gas production throughout the country depresses prices.
Read more: AOLEnergy.com
