RE: So if Russia invades Ukraine, we sell them cheap LNG as punishment?
I think the idea is to help Ukraine tide through the winter if Russia cuts of their natural gas supply ( Ukraine has barely 4 months of natural gas stocks left ).
It would take us a lot longer than 4 months to build export terminals.
Sabine Liquefaction Project Schedule
July 26, 2010 - Submitted NEPA Pre-Filing Request
August 4, 2010 - FERC Approval to use Pre-Filing Process
January 31, 2011 - File NGA Section 3 Application
December 28, 2011 - Issuance of Environmental Assessment / Environmental Impact Statement
January 31, 2012 - File Initial Implementation Plan
April 16, 2012 - Issuance of Authorization
3rd Q - 2012 - Commence Construction
4Q 2015* - Liquefaction Project In-Service
http://www.cheniere.com/sabine_liquefaction/project_schedule.shtml
http://www.cheniere.com/sabine_liquefaction/liquefaction_project.shtml
Can we get tankers to them in any reasonable time? And what about the customers served by the existing tankers- what do they do?
I don’t know much about LNG tankers, how would we get one to say Odessa- gotta go down the Med then through Istanbul to the Black Sea?
There is no LNG conversion facility in Ukraine. The closest may be the one in Turkey on the Bosporus. There is a pipeline in the vicinity that brings Russian gas in from Ukraine. That could be reversed to transport gas to Ukraine.