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2015-01-31 16:00:00

U.S.: MORE GAS EXPORTS

U.S.: MORE GAS EXPORTS

The Republican-controlled U.S. House has passed a bill aimed at expediting approvals of natural gas exports.

In a 277-133 vote on Wednesday, the House approved a bill giving the Energy Department a 30-day deadline to authorize natural gas exports from facilities after they are reviewed and approved.

It's the third energy-related bill passed by the House this Congress. They've also approved bills authorizing construction of the Keystone XL oil pipeline and fast-tracking new natural gas pipelines.

The natural gas boom has revived a push for liquefied natural gas exports from coastal terminals. Nearly all U.S. natural gas exports today are by pipeline.

More than three dozen applications to build export terminals are pending and have yet to reach the Energy Department. DOE has authorized natural gas exports from four projects.

pennenergy.com

Tags: U.S., OIL, GAS, EXPORTS,

Chronicle:

U.S.: MORE GAS EXPORTS
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

U.S.: MORE GAS EXPORTS
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

U.S.: MORE GAS EXPORTS
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

U.S.: MORE GAS EXPORTS
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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