Wide divergences in regional gas prices have led to major shifts in global energy flows: northern Europe is importing US coal and the US is set to become a major LNG exporter to rival current world leader Qatar’s 77mn t/y. But at what price?
 
Fereidun Fesharaki, chairman of FACTS Global Energy told a recent Dubai conference that “the United States today has four LNG [export] projects. That is four real LNG projects and they have secured re-permitting before the end of the...