But as you should be aware we will sell LNG to japan in 2015 & 2017 with long term contracts.Chubu Electric and Osaka Gas signed contracts last summer to use Freeport's liquefaction facility, with each committed to use 2.2 million metric tons of its LNG capacity a year to process natural gas they buy in the North American market. Osaka Gas also has a 10% stake in Freeport LNG Development, the facility's operator. Freeport is the second LNG project the Obama administration has approved for exports to non-FTA countries after the Sabine Pass, La., which it approved in May 2011 and is slated to start exporting in 2015.The $10 billion Freeport LNG project is scheduled to start commercial operations in 2017. Participation from existing LNG sellers such as Qatar, Russia and Australia will be necessary to augment that supply till U.S supply is available.The annual Japanese LNG requirement is constrained by the nation's current maximum infrastructure capacity of 30 import terminals.Another four LNG import terminals are under construction in the country and should be in operation by 2014 and 2015.And in the interim, Japan will purchase & develop interest in Papua New Guinea, Mitsubishi Corp. was among international companies to acquire stakes in natural gas discoveries and exploration blocks last year.http://blogs.wsj.com/moneybeat/2013/05/23/japan-steps-up-interest-in-papua-new-guineas-gas-riches/So diversification will be the path, minus many Nuclear plants that will be priced out by regulations.
I like facts. Cheers to you. Dwis. We need to export, as much as I would like to keep it here. The transportation thing isn't really happening. Gotta sell some gas.
You change the playing field by Government coordination in Congress to jump start incentive cost for infrastructure build out. And guess what?? They will build the product for consumers to digest! An EPA rule to change and allow uneducated mechanics to pollution, isn't going to see a Landslide of purchased retrofit LNG's on the street. That will not get us there, we need mass production as our industries are capable of. People will not risk losing their warranty on new vehicles retrofitted by back ally mechanics. If you want to test your own skills the EPA will not stop you if you retrofit a vehicle vintage of 2000 and back!
Yes and point being....a few thousand home conversion kits isn't going to make a hill of beans in demand. And EPA rule changes are not going to change the course of demand for home installations to personal vehicles.If you want to save money for the common citizen. Purchase a kit and install on a 2000 vintage or older vehicle for now. The only certification required would then be a emissions test. And no fines if you pass. No re-certification in following years, as I understand.Although kits for truck fleets may be available. I doubt the common business corp. will undertake after market installations and suffer warranty issues. One other point to note is as cross industry infrastructure is paid down by large corporate interest. It will take some of the sting out from personal passenger vehicles from absorbing large tax burdens placed on fuel. When the build out happens you will see the Auto industry expand more tooling dollars to offer products to the population. Mo, be my guest to change any implement you like to conversion. But honestly, how many common folk do you think will undertake such a feat? This will not do much for NG demand is the point I have made.