Sabine Pass LNG To Expand -- RBN Energy -- January 11, 2017

Surprise: 11 inches of snow overnight in downtown Portland, Oregon. Not predicted by weather forecasters. Even when snow started to fall, weather forecast was for 1 to 6 inches of snow -- quite a spread, and that was "real time." But yet we know, the science is settled, that the earth will be 0.2 degrees warmer 83 years from now.

Just what I need: another 5% off on all Amazon purchases. Already books are generally 40% less expensive on Amazon than what I would pay at Barnes & Noble, and now one could get another 5% cashback. The cashback generated by credit cards adds up fairly quickly.

California snow pack: 165% of normal for water content for this time of year, per Weather Channel, 6:48 a.m. Central Time, January 11, 2017. Just days ago folks were wringing their hands over only 70% of normal. 

#11 in the 20-song countdown: 

If I Could Turn Back Time, Cher

********************************************

Back to the Bakken

Active rigs:

	1/11/2017	01/11/2016	01/11/2015	01/11/2014	01/11/2013
Active Rigs	36	55	167	192	182

RBN Energy: new pipelines teeing up supply for more trains at Sabine Pass LNG.

Northeast producers are about to get a new path to target LNG export demand at Cheniere Energy’s Sabine Pass LNG terminal.

Cheniere in late December received federal approval to commission its new Sabine Pass lateral—the 2.1-Bcf/d East Meter Pipeline. Also in late December, Williams indicated in a regulatory filing that it anticipates a February 1, 2017 in-service date for its 1.2-Bcf/d Gulf Trace Expansion Project, which will reverse southern portions of the Transcontinental Gas Pipe Line to send Northeast supply south to the export facility via the East Meter pipe. Today we provide an update on current and upcoming pipelines supplying exports from Sabine Pass.

In the 11 months or so since it loaded and shipped its first export cargo in February 2015, Cheniere’s Sabine Pass liquefaction and export facility in Cameron Parish, LA, has made a noticeable dent on the natural gas market, helping the market to reduce a massive year-on-year surplus in storage over the injection season and also enabling the U.S. to become a net exporter of natural gas for the first time last fall.

To date, the terminal has loaded and shipped off 61 cargoes, and the pace has accelerated in recent months. Twenty-seven cargoes (44% of the total) have  been exported since November 1, 2016, five of those in the first six days of 2017 alone.

A list of current LNG export terminal projects were provided by RBN Energy back in October, 2016.