Floating LNG Terminal Arrives with a Splash

As reported in our Oct. 27 newsletter, Lithuania’s floating storage and regasification vessel docked in the Port of Klaipėda on that day and was welcomed by a large crowd of well wishers and dignitaries that included U. S. legislative and executive branch officials and the prime ministers of both Latvia and Estonia, Lithuania’s Baltic neighbors.

Sen. Inhofe Sends Letter to Obama from Lithuania

Oklahoma’s senior senator Jim Inhofe attended and marked the occasion with a letter to President Obama again urging the President to expedite applications for U. S. LNG projects. The letter reads in part:

“The inauguration of Lithuania’s first LNG import facility marks an important step [for] our European allies […] and it is now our responsibility to supply their demand with American natural gas.

“I applaud the steps your Administration has taken to approve permits for facilities to export LNG to countries with which the United States does not have Free Trade Agreements; it is imperative that you continue building on this success.

“Global demand for LNG is expanding, and the more LNG the United States makes available, the more quickly we will be able… to ensure the energy security of our friends and allies around the world.”

Gen. Cheney Pens Op-Ed in Wall Street Journal

The CEO of the American Security Project (a supporter of the LNG Allies coalition), Gen. Stephen A. Cheney (USMC, Ret.) wrote an article in the Oct. 28 Wall Street Journal that “the most important reason to expedite [U. S. LNG exports] is that it will help the national security of the U.S. and its allies. […] European nations have continually demonstrated a demand for American LNG […] most recently with the christening of Lithuania’s new LNG import terminal, the “Independence.” Whatever the outcome of next month’s election, this issue enjoys support from both sides of the aisle and should be an early focus when Congress returns. Beyond the economic and environmental benefits, boosting America’s LNG exports would send a clear signal […] about Washington’s commitment to global energy markets freed from the influence of any one country that would use its dominance for strategic ends.

Wall Street Journal > http://on.wsj.com/1nOgbQ2

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