Impacts of US Liquefied Natural Gas Exports

08 May 2014
Hosted By: Penn State Extension's Marcellus Education Team

NERA Vice President Dr. Sugandha D. Tuladhar was invited by Penn State Extension's Marcellus Education Team to participate in a webinar on 8 May 2014 that focused on how sharply higher volumes of liquefied natural gas (LNG) -- generated by the shale gas boom in Pennsylvania and other places -- will boost US exports. Specifically, Dr. Tuladhar discussed the results of a February 2014 NERA study, sponsored by Cheniere Energy Inc., entitled Updated Macroeconomic Impacts of LNG Exports from the United States. The 2014 study is an update of the study of the macroeconomic impacts of LNG exports that was issued by the US Department of Energy (DOE) in December 2012. The new study updates all 63 LNG export scenarios modeled in the DOE study and adds several new scenarios, and also includes additional analysis of the cumulative impacts of LNG exports up to the maximum amounts that the market would allow under various domestic and international market scenarios. The new study responds to several issues raised since the first study, including use of current data, cumulative impacts of additional license approvals, impacts on the competitiveness of the US chemicals industry, and impacts of LNG exports on employment.

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