A presentation by Lou Pugliaresi at the JOGMEC Petroleum Seminar on February 7, 2013.
We welcome the opportunity to comment on the report prepared by National Economic Research Associates (NERA) for the U.S. DOE on the benefits of U.S. LNG exports. NERA concluded that for a wide range of scenarios,
…… the U.S. was projected to gain net economic benefits from allowing LNG exports. Moreover, for every one of the market scenarios examined, net economic benefits increased as the level of LNG exports increased. In particular, scenarios with unlimited exports always had higher net economic benefits than corresponding cases with limited exports.
The second event in the EPRINC Embassy Series was held on January 29, 2013 at the Russian Embassy in Washington, D.C. The event, LNG Exports From North America: Understanding the Policy Debate, featured presentations by Jim Jensen, Piotr Galitzine and David Montgomery, as well as commentary by Charles Ebinger and Michelle Michot Foss. EPRINC is grateful to the Russian embassy for its hospitality and support of this event and in particular would like to thank H. E. Sergey I. Kislyak, Ambassador of the Russian Federation to the U.S. and the Honorable Yury P. Sentyurin, State-secretary – Deputy Minister of Energy of the Russian Federation.