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US DOE releases 2018 LNG export study

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LNG Industry,

The US Department of Energy (DOE) published a notice requesting public comment on a new study entitled ‘Macroeconomic Outcomes of Market Determined Levels of US LNG Exports (Study)’.

According to the notice, the DOE commissioned the study to inform the DOE’s Office of Fossil Energy’s decisions on applications seeking authorisation to export domestically produced LNG from the lower-48 states to countries with which the US does not have a free trade agreement.

The study, performed by NERA Economic Consulting, ‘examines the probability and macroeconomic impact of various lower-48 sourced LNG export scenarios and includes some alternative baseline scenarios based on EIA’s 2017 Annual Energy Outlook. The results are derived from 54 scenarios that result from combining varying probabilities and assumptions around international and domestic supply and demand for natural gas.’

Comments on the study are due 27 July 2018.

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