US to Cut Gas Exports in July by 150,000 Tonnes Due to Accident at LNG Plant: Consultancy
Samizdat – 16.07.2022
The United States may reduce the export of liquefied natural gas (LNG) to Europe by 150,000 tonnes in July following the accident at the Texas-based Freeport LNG plant, an energy expert at the Russian company Vygon Consulting, Ivan Timonin, told Sputnik on Saturday.
Freeport LNG, the operator of one of the largest US LNG plants, announced that it would be closed after the explosion and fire occurred on June 8 at the plant for at least three months, while a full restoration of work is not expected until the end of the year. The US energy ministry said in July that the closure of the plant would reduce the country’s LNG export capacity by about 2 billion cubic feet per day or about 17% of total capacity. The ministry lowered its export forecast for the second half of the year to an average of 10.5 billion cubic feet per day, a decrease of 14% compared to the June forecast.
“In total, in the first half of 2022, 65 million tonnes of LNG were sent to Europe, of which 9 million tonnes – in June. Some decrease – within 150,000 tonnes – can be expected in July due to the disposal of the Freeport plant, which managed to send to Europe comparable volumes for the first half of last month,” Timonin said.
Timonin added that in the first half of 2022, Europe was the priority market for the US as about 70% of all LNG produced in the US was sent to the region. In comparison, the amount of exported LNG for the same period last year was 33%, Timonin said.
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From the Archives
6 MAJOR US foreign policy failures of the post-Cold War era
By Adam Garrie | The Duran | September 14, 2017
In the 1990s, US officials, all of whom would go on to serve in the George W. Bush White House, authored two short, but deeply important policy documents that have subsequently been the guiding force behind every major US foreign policy decision taken since the year 2000 and particularly since 9/11.
These documents include the Defense Planning Guidance for the 1994–99 fiscal years (more commonly known as the Wolfowitz Doctrine). This document, as the name implies was authored by George W. Bush’s deeply influential Deputy Defense Secretary Paul Wolfowitz as well as I. Lewis “Scooter” Libby, who served as an advisor to former US Vice President Dick Cheney.
The other major document, A Clean Break: A New Strategy for Securing the Realm, from 1996 was authored by former Chairman of the Defense Policy Board Advisory Committee in the administration of George W. Bush, Richard Norman Perle.
Both documents provide a simplistic but highly unambiguous blueprint for US foreign police in the Middle East, Russia’s near abroad and East Asia. The contents of the Wolfowitz Doctrine were first published by the New York Times in 1992 after they were leaked to the media. Shortly thereafter, many of the specific threats made in the document were re-written using broader language. In this sense, when comparing the official version with the leaked version, it reads in the manner of the proverbial ‘what I said versus what I meant’ adage.
By contrast, A Clean Break was written in 1996 as a kind of gift to Israeli Prime Minister Benjamin Netanyahu who apparently was not impressed with the document at the time. In spite of this, the US has implemented many of the recommendations in the document in spite of who was/is in power in Tel Aviv.
While many of the recommendations in both documents have indeed been implemented, their overall success rate has been staggeringly bad.
Below are major points from the documents followed by an assessment of their success or failure. … continue
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Noted. Implications? — will stay tuned.
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