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2002 Business Climate Economic and Energy Outlook

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'The Center for LNG strives to be a one-stop information source that ... Bill Cooper. Other resources: www.FERC.gov www.DOE.gov. www.USCG.mil. THE CENTER FOR ... – PowerPoint PPT presentation

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Title: 2002 Business Climate Economic and Energy Outlook


1
Liquefied Natural Gas
L N G
A safe and clean fuel Essential to meeting U.S.
energy needs Helping drive economic growth
2
THE CENTER FOR Liquefied Natural Gas
Broad coalition energy providers, trade
associations and end users Mission
Statement The Center for LNG strives to be a
one-stop information source that distributes
educational and technical information. The
Center also seeks to facilitate rational issue
discussion and the development of public policies
that support LNGs increasing contribution toward
meeting the nations energy needs and supporting
economic growth.
3
What is LNG?
  • LNG is natural gas
  • in its liquid form
  • LNG is the liquid form of the same natural gas
    60 million U.S. consumers use daily to heat and
    cool their homes that industry uses and that is
    used for electric power generation
  • LNG is not new -- it has been safely and securely
    transported and used for over 40 years
  • Natural gas is converted to LNG by cooling to
    -260o F
  • LNG is 1/600th the volume of gas, allowing for
    more efficient and economic transportation

4
(No Transcript)
5

Marine safety features
Double-hull construction 6-10 ft between
hulls Cargo tanks provide 3rd layer of
protection Gas detectors and safety alarms for
continuous leak detection and monitoring Safety
and security zones in established port areas
Excellent safety record more than 80,000
carrier voyages covering more than 100 million
miles without a major incident in LNGs 40 year
history.
Source Sandia National Laboratories, December
2004
6
Energy consumption
  • Americans consume 62 Bcf/D
  • (Billion cubic feet per day)

1 Bcf enough to supply 4.3 million homes each
day
7
Use of Seawater to Regasify LNG
  • Proven technology used throughout the world,
    proposed for several offshore GOM LNG terminal
    projects
  • Siting design of LNG terminals evaluated on
    site-specific basis
  • USCG EISs have concluded impacts to fisheries to
    be minimal and supported use of open loop systems
  • Environmental review based on NOAA methodology
    and 20 years of data
  • Some object to use of seawater citing impacts to
    fisheries
  • Governors of adjacent coastal states opposed,
    have authority under Deep Water Port Act to veto
    projects
  • CLNG commissioned study to assess environmental
    impacts
  • Scientific assessment concludes minor
    environmental impacts with use of open loop
    systems
  • EISs based on best available data and
    conservative assumptions
  • Although EISs found minor impact, impacts
    over-stated by orders of magnitude
  • Cumulative impacts even less than insignificant
    impacts predicted in the EISs
  • Study being shared with agencies and government
    officials

8
For more information contact or visit
  • www.lngfacts.org 202-289-2253
  • CLNG, Executive Director
  • Bill Cooper
  • Other resources
  • www.FERC.gov www.DOE.gov
  • www.USCG.mil

THE CENTER FOR Liquefied Natural Gas
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