The Biden administration is reevaluating climate criteria it uses to approve new #LNG export facilities, threatening to stall pending projects as 2024 elections near
Das Jahr startet mit einer Aktion von #FridaysForFuture für #noLNG in #Binz auf Rügen: "Auf Rügen wird von den Ämtern eine Baugenehmigung nach der anderen für das umstrittene #LNG-Projekt erteilt, und die Unternehmen beginnen sogar schon mit dem Bau, bevor überhaupt eine Genehmigung vorliegt. Ein aktueller Antrag sieht vor, Bauarbeiten auf die Monate Januar und Februar auszuweiten. Die Laichsaison und somit die Kinderstube des Ostsee-Herings ist akut bedroht.
Die Ortsgruppe von Fridays for Future (#FfF) Rügen ist sich sicher: Wir müssen unsere Ostsee und die Heringe schützen!" #RügenGegenLNG
The project is run by the private company Novatek, Russia's largest producer of LNG, which has a 60% share. The Chinese, French, and Japanese companies represented the remaining 40% of shares. The foreign companies all declared force majeure on the project.
Russia hoped to increase its share of the global LNG market from 8% to 20% by 2030, offsetting the economic impact of European sanctions on Russian pipeline gas exports.
🇷🇺 The start of supply from Russia’s newest liquefied natural gas project will be delayed after the company declared a force majeure on shipments in the wake of US sanctions.
"So far they have granted every export license anyone has requested, and as a result the US has become the biggest gas exporter on planet earth. If they keep it up, the veteran energy analyst Jeremy Symons says that before long US liquefied natural gas exports will produce more greenhouse gases than everything that happens on the continent of Europe."
Um russische Gasimporte zu ersetzen, hat die Bundesregierung Milliarden in eine neue LNG-Infrastruktur investiert. Bislang ist der LNG-Anteil an den Einfuhren allerdings ziemlich gering.
"#Pakistan, one of the world’s poorest nations, thought it had secured natural gas to fuel its economy. Commodities firms had other ideas."
"Gunvor’s decision to redirect its supplies—and other canceled gas deliveries by Eni SpA —helped prompt an #EnergyCrisis in Pakistan that continues today.."
"As it scrambled to procure replacement #LNG, #Pakistan
paid record spot-market prices, draining its modest foreign currency reserves and pushing it to the brink of default."
#Gunvor's traders, meanwhile, enjoyed 7-figure bonuses.
May they never sleep well again.
As refining has been (in the past) a particular bottleneck in #petrol supply, the move for it to become an import processing plant for #LNG and also to some extent an exporter of LNG-derivitives, may shift the landscape of #energy distribution in the UK.
The Q. is whether this is a problem for 'energy security', a welcome kick towards the transition to #electricvehicles or just the consequence of foreign ownership?
“"Given that governments, production plans and targets helped to influence, legitimize and justify continued fossil fuel dependence, there is a real risk that such plans are undermining the energy transition by locking in long-lived fossil fuel infrastructure," Achakulwisut said.”
Looking at you Prime Minister Justin “Climate Champion but lets buy a Pipeline” Trudeau. Or you BC Premier David - “Still Loving the LNG” Eby.
#FossilFuel burning ships carrying fossil fuels need to burn a lot more fossil fuels because a canal dried up by the burning of fossil fuels is in the way of those fossil fuels getting to where they will be burned.
Okay then.
"Liquefied natural gas shippers increasingly are opting to travel up to two weeks longer and almost 6,000 nautical miles further to bypass the #PanamaCanal as transporters of other fuel pay nearly $4 million to jump the long queue."
"Unprecedented congestion at the #PanamaCanal could ultimately result in delays at Egypt’s Suez Canal, potentially affecting cargoes of liquefied natural gas, according to a top official at Greek shipping giant Angelicoussis Group."
"Environmentalists are gearing up for their next giant climate fight: They want to force a showdown with the Biden administration over the massive expansion of #US#NaturalGas exports.
More than two dozen new or expansion projects are under construction or under consideration. Opponents say that buildout far exceeds what is needed and will further burden communities of color on the #GulfCoast and other parts of the country."
"The scientists’ letter comes on the heels of one sent last week signed by more than 230 climate, environmental justice, public health, faith and community organizations, also urging Biden to reject #CP2. It highlights a forthcoming study by Cornell University climate scientist Robert Howarth that shows, even in the best-case scenarios, #LNG is at least 24 percent worse for the #climate than coal."
"More than 60 Democratic senators and House members sent a letter to the Energy Department last month questioning whether it was correctly assessing the impact #LNG has on the Earth's climate and the U.S. economy, as exports reduce the amount of gas available domestically.
"DOE’s case-by-case approach to approvals ignores the aggregate impact that the explosive growth in U.S. LNG exports is having on climate, communities and our economy." "
"The administration is considering a broad overhaul of how the Department of Energy makes so-called public interest determinations – a key step needed to approve liquified natural gas facilities. This could include updating how the administration determines climate impacts of these projects, modernizing and updating the #climate impact considerations, and considering the full upstream and downstream life cycle impacts of these projects."
"#LNG supporters are mounting a last-minute lobbying blitz."
Ignoring that leaks make gas dirtier than coal, they claim American natural gas is "cleaner" than coal.
And they argue any pause in LNG export approvals would be an "affront to European allies", even though Europe is already reducing its dependence on gas, and these terminals won't be ready for exports for years.
Russian media: Foreign shareholders suspend participation in Russian Arctic LNG-2 project (kyivindependent.com)
The project is run by the private company Novatek, Russia's largest producer of LNG, which has a 60% share. The Chinese, French, and Japanese companies represented the remaining 40% of shares. The foreign companies all declared force majeure on the project.
Reuters: Russia's LNG ambitions stalled by sanctions, lack of tankers (kyivindependent.com)
Russia hoped to increase its share of the global LNG market from 8% to 20% by 2030, offsetting the economic impact of European sanctions on Russian pipeline gas exports.