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May Luncheon - Don Muth, AAPG Certified P.G.
May Luncheon - Don Muth, AAPG Certified P.G.

Wed, May 08

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Pioneer Natural Resources

May Luncheon - Don Muth, AAPG Certified P.G.

It's All About LNG!

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Time & Location

May 08, 2024, 11:30 AM – 1:00 PM

Pioneer Natural Resources, 777 Hidden Ridge, Irving, TX 75038, USA

About The Event

The U.S. finished 2023 as world LNG export leader with a staggering 4.342 TCF of shipped gas. The robust 2023 4th quarter had seven U.S. terminals averaging almost 13 BCFGPD of exports. East Texas-Western Louisiana / Haynesville Basin is strategically located to deliver natural gas to Gulf Coast LNG terminals. The story for natural gas and LNG continues to improve in 2024 even with an anti-fossil fuel Biden-Harris Administration. However, a change in energy policy is needed to keep affordable energy.

Globalization is all but over. Western Europe has opted for U.S. LNG and other stable sources for natural gas. A vast LNG infrastructure is under construction in Europe to replace Russian pipeline natural gas. World LNG marine vessel construction is more than robust. U.S. LNG no longer has a temporary over-capacity deliverability. More LNG export construction needs to be permitted to meet world demand beyond 2030. The future is in natural gas as a clean green fuel.

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