Delegates from 10 countries—including Hungary, Haiti, India, Japan,
and Thailand—argued for increased U.S. exports of liquefied natural gas
to increase global energy security and strengthen diplomatic ties during
a Thursday forum convened by the House Energy and Commerce Subcommittee
on Energy and Power.
Delegates
from Hungary and the Czech Republic said expanded LNG exports would
bring U.S. gas into competition with Russia, the major supplier of oil
and gas in eastern Europe. Increased competition, they argued, would
drive down gas prices to the benefit of consumers. "We
need to have more competition to have affordable energy prices," said
Anita Orban, ambassador-at-large for energy security for the Hungarian
Ministry of Foreign Affairs.
Delegates from 10
countries—including Hungary, Haiti, India, Japan, and Thailand—argued
for increased U.S. exports of liquefied natural gas to increase global
energy security and strengthen diplomatic ties during a Thursday forum
convened by the House Energy and Commerce Subcommittee on Energy and
Power.
Delegates
from Hungary and the Czech Republic said expanded LNG exports would
bring U.S. gas into competition with Russia, the major supplier of oil
and gas in eastern Europe. Increased competition, they argued, would
drive down gas prices to the benefit of consumers. "We
need to have more competition to have affordable energy prices," said
Anita Orban, ambassador-at-large for energy security for the Hungarian
Ministry of Foreign Affairs. Representatives
from Japan and Singapore also called for increased U.S. LNG exports,
saying it would help diversify domestic energy markets.
"We are a small island state with no energy endowments of our own," said Ashok Kumar Mirpuri, Singapore's ambassador to the U.S. According
to Mirpuri, Singapore gets most of its natural gas from Malaysia and
Indonesia but hopes to expand the number of countries it buys from so as
not to become overly dependent on any one state.
"We've
invested in an LNG terminal in May of this year," he said, adding:
"We're making the necessary investments in order to have the LNG supply
to diversify our energy needs."
The
second argument advanced by the delegates in favor of expanded U.S. LNG
export activity was that it would improve U.S. diplomatic relations
abroad.
Taranjit
Singh Sandhu, India's deputy chief of mission, told subcommittee
members that upping exports would create "a strong and mutually
rewarding energy partnership and further our ties to the benefit of both
our countries."
"It's
not only about liquefied natural gas," added Ahn Ho-Young, South
Korea's ambassador to the United States. "It would open the possibility
of strengthening relations between Korea and the U.S. in many different
areas." House
Energy and Commerce Committee Chairman Fred Upton, R-Mich., agreed that
increased LNG exports would be a boon to the U.S. for both economic and
diplomatic reasons.
"It
is my hope that we can use this opportunity to better explore how
moving forward with American energy exports can help strengthen our ties
with foreign nations while at the same time providing mutual benefits
domestically here in the U.S. with added job creation and continued
energy self-sufficiency," Upton said in his opening remarks.
Energy
and Power Subcommittee Chairman Ed Whitfield, R-Ky., acknowledged that
some interest groups oppose accelerating approval for U.S. LNG export
terminals, but he took the position that a move to boost exports would
be in the U.S. interest.
"In
politics, there are two sides, and there are groups that want the U.S.
to move slowly in exporting gas to other countries... [but] we think we
can benefit from it," Whitfield said. The
forum saw bipartisan support for the issue, with Rep. Jerry McNerney,
D-Calif., affirming support for accelerated export permitting. "I think
we should move forward with developing natural gas exports," he said.
McNerney
did raise the concern, however, that if the U.S distributes increased
stores of natural gas abroad it may not know whether the recipient
nations have the proper infrastructure to absorb the gas without
generating pipeline spills or other forms of pollution. "The
one caution is that we live in an area where we can no longer dump
carbon and other greenhouse gases with complete abandon," McNerney said. The
Obama administration has so far approved four LNG export terminals to
ship natural gas abroad, with three terminals approved this year.
http://www.nationaljournal.com/daily/u-s-gas-exports-would-be-a-global-boon-foreign-energy-leaders-say-20131010
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