Natural Gas News – May 15, 2019
Natural Gas News – May 15, 2019
The mixed promise of renewable natural gas to decarbonize fleets
Green Biz reported: Across the United States and Canada, interest is accelerating in the potential for renewable natural gas (RNG), otherwise known as biomethane, to decrease transportation fleet emissions. RNG generates further interest for its potentially lower price point than competing fuels, as well as minimal friction to incorporate into existing operations. Yet, concerns with RNG’s emissions and supply security remain. According to industry leaders, the findings are clear. “Renewable natural gas can be used in nearly every application that gasoline and diesel vehicles can be. … Operationally, there is no limit,” noted Ashley White, director and head of corporate sustainability of Clean Energy Fuels, which sells RNG. For more on this story visit greenbiz.com or click https://bit.ly/2VEApSN
Trump puts liquefied natural gas in the spotlight as China raises tariff
Marketplace reported: President Donald Trump is scheduled to visit a new liquefied natural gas facility in Louisiana Tuesday, where he’s expected to applaud the industry for adding jobs and boosting energy exports. The event comes after China said it would raise its tariff on U.S. LNG from 10% to 25%. The U.S. has been exporting less LNG to China since Beijing tacked on tariffs to the product last fall. Nikos Safos with the Center for Strategic and International Studies said that hasn’t hurt the industry much, because it has plenty of global customers. “More or less everyone has signed up to buy LNG from the United States, except for the Chinese,” he said. Total U.S. LNG sales jumped 61% in 2018 compared to the previous year. Ken Medlock at Rice University said a 25% LNG tariff sounds bad, but U.S. exporters have ways of getting around tariffs. “Maybe you’ll see U.S. LNG cargo land in Japan, or South Korea, and then a cargo that was originally destined for one of those locations landing in China,” he said. For more on this story visit marketplace.org or click https://bit.ly/2EmnKtp
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