On September 5th, 2018, EPRINC co-hosted the third workshop in the 2018 “Future of Asian LNG” series at the Willard InterContinental Hotel in Washington D.C. IEEJ and EPRINC are in the second year of a joint assessment of the future role of LNG in Asian power and fuel markets. Among the more important objectives of this joint effort are identifying recent trends and longer-term uncertainties in Asian natural gas markets and the potential role of U.S. LNG exports in serving those markets. The final workshop in the 2018 program included presentations and discussion on the U.S. LNG value chain, opportunities and challenges for financing the expansion of U.S. LNG exports and regasification receiving facilities in Asia, and prospects for expansion of natural gas storage and LNG bunker facilities, among other topics.
The workshop presentations and accompanying discussion will contribute to the final joint IEEJ-EPRINC report and recommendations. The findings and recommendations will be presented at the 7th Annual Producer Consumer Conference on October 22, 2018 in Nagoya, Japan.
On August 2, Lucian Pugliaresi met with officials at the Embassy of Panama to present on the developments of the LNG industry. A link to the presentation can be found here.
On April 19, 2018, the Energy Policy Research Foundation Inc. held a workshop at the Willard Hotel on the on the scale and prospective growth of the North American natural gas production platform. The workshop participants provided essential foundation information and analysis to expand our understanding of the role of U.S. natural gas as a supply source to meet both domestic requirements and to serve export markets. As EPRINC begins the second year of our joint project with the Institute of Energy Economics Japan (IEEJ) on the “Future of Asian LNG,” the findings from the workshop will expand our knowledge base on the potential for U.S. natural gas to serve the growing Asian market.
The workshop participants addressed four themes; (i) the size and productive capacity of the North American natural gas resource base, (ii) regulatory constraints on moving natural gas to domestic and export markets, (iii) demand risks, and (iv) potential consequences to the cost structure of U.S. oil and gas production from ongoing trade disputes. More importantly, the workshop brought together a broad cross section of the Washington energy community and provided an informed discussion of the opportunities and challenges on the future of the natural gas resource base.
The workshop benefitted from an excellent and well-experienced group of analysts, industry experts and policy makers. Although the discussion was off the record, all the presenters agreed to permit EPRINC to post their presentations and these can be found here.
On April 10, 2018 in Washington, DC, the Jewish Institute for National Security Affairs (JINSA) invited Lucian Pugliaresi to meet with a group of visiting officers of the Israeli Defense Forces (IDF) to discuss North American energy trends and energy security policy. A major natural gas find off the coast of Israel is bringing enormous opportunities for regional natural gas supplies, but also presents some important energy security challenges. A copy of Lucian’s presentation to the visiting IDF delegation can be found here.
On January 29, 2018 Lucian Pugliaresi gave a presentation at the Research Center for Energy Management at the London Campus of ESCP, Europe’s oldest business school. The title of the talk was The American Oil and Gas Renaissance — Reshaping World LNG Markets. The power point presentation that accompanied the talk can be found here.
