US LNG terminal set for first export in January
Wednesday, January 6, 2016
The first terminal in the lower 48 states to export U.S. shale natural gas is close to its first export, which will take place this month, according to Bloomberg. The U.S. could become one of the world’s largest suppliers of liquefied natural gas, with other LNG terminals being planned.
Cheniere Energy Inc. is receiving about 50 million cubic feet of natural gas each day at the Sabine Pass terminal in Louisiana.
According to a Bloomberg New Energy Finance analysis, the U.S. could be capable of exporting 7.76 billion cubic feet of natural gas per day by 2019.
Via: Bloomberg > America’s First Shale Gas Export Terminal Starts Production
Leave a Comment
Marcellus & Utica Shale Well Map
Additional Shale Maps
Shale FAQ
How often do royalty payments come?
Depending on the company, royalty payments can arrive monthly or quarterly.
Are my royalty payments transferable?
Yes. If you plan on selling your property, notify the gas company that is leasing your land and your realtor. They will make arrangements to allow the royalty payments to transfer to a different land owner.
What are royalties?
Royalties are payments from the gas company to the landowner as part of a lease agreement. Royalties payments cannot begin until production begins. The payments are dependent upon the market price of the resource.