API-IOGP-US-EU-LNG-Joint-Position-Paper.pdfVIP专享VIP免费原创优质

1JointAPI-IOGPPolicyRecommendationsforenablingincreasedoptionsforU.S.LNGintheEuropeanUnionIntroduction:On2May2019,theFirstEU-USHigh-LevelBusinesstoBusinessEnergyForum‘Towardslarge-scaleU.S.LNGexportstotheEU’sgasmarket:competitivepricing,infrastructureinvestmentsandtechnologicalinnovation’takesplace.OneofthekeysharedobjectivesoftheforumisdiscussingoptionsforincreasingtheflowofU.S.liquefiednaturalgas(LNG)totheEuropeanUnion.TheAmericanPetroleumInstitute(API)1andtheInternationalAssociationofOil&GasProducers(IOGP)2stronglysupporteffortstoenhancetheTrans-AtlanticLNGrelationship.WhileAPIandIOGPhighlightthatcommercialnegotiationsanddiscussionsarebestlefttomarketparticipants,theoilandnaturalgasindustryonbothsidesoftheAtlanticstronglysupportseffortstoenhancemarketcompetitionandremovebarrierstomarketentrytoensurethefreeflowofLNGandLNG-relatedservicesbetweentheU.S.andE.U.Tothatend,APIandIOGPofferthefollowingrecommendationstotheHighLevelConferenceformeaningfulpolicystepsthatcould—directlyandindirectly—enablegreaterflowsofU.S.LNGtotheEU,therebysupportingdiversification,flexibility,liquidityandsecurityofsupplyintheEUgasmarket.SummaryRecommendations:FortheUnitedStates•TheFederalEnergyRegulatoryCommission(FERC)andtheDepartmentofEnergy(DOE)shouldcontinuetoimprovetheirestablishedreviewandpermittingprocessesforU.S.LNGexportprojectsandmaintaintransparentandconsistentapprovaltimelines.•ExecutivebranchagenciesshouldexpandtheireffortstopromoteU.S.LNGtoincludeEUcountries,especiallyforthoseEUnationslookingtodiversifygassupplysources.1TheAmericanPetroleumInstitute(API)istheonlynationaltradeassociationrepresentingallfacetsoftheoilandnaturalgasindustry.API’smorethan600membersincludelargeintegratedcompanies,aswellasexplorationandproduction,refining,marketing,pipeline,andmarinebusinesses,andserviceandsupplyfirms.2TheInternationalAssociationofOil&GasProducers(IOGP)isthevoiceoftheglobalupstreamindustry.Itsmembersproduce40%oftheworld’soilandgasandoperateinallproducingregions(morethan80%intheEU).2•ExecutivebranchagenciesshouldhighlightexistingU.S.industrystandardsandpromotestreamlinedapprovalprocessestoensuretheU.S.canbuildcriticalenergyinfrastructureinanefficientandtimelymanner.FortheEuropeanUnion•TheEuropeanCommissionshouldsendconsistentsignalsexpressingconfidenceinthemediumandlong-termroleofnaturalgas(includingitsdecarbonizedform)intheEUenergymix.•TheEuropeanCommissionshouldworkfurtherwithMemberStatestoincreaseinterconnectivity,removebarrierstocross-bordertradeandsupportthedevelopmentofliquidgashubswithinEurope.•TheEuropeanCommissionshouldencouragepublicentitiesandbusinessestouseLNGandCNGinroadandmaritimetransportationtoreduceCO2emissionsandsubstantiallyimproveairqualityinurbanandportareas.•TheEuropeanCommissionshouldavoidsettingundulyrestrictivegasqualityspecificationsthatcouldcreateunnecessarybarriersforLNGtoentertheEU.Moredetaileddescriptionsofthepolicyrecommendations,andtheirpotentialimpactofU.S.LNGflowstotheEU,areprovidedbelow.DetailedRecommendationsfortheU.S.:TheFederalEnergyRegulatoryCommission(FERC)andtheDepartmentofEnergy(DOE)shouldcontinuetoimprovetheirestablishedreviewandpermittingprocessesforU.S.LNGexportprojectsandmaintaintransparentandconsistentapprovaltimelines.•ForU.S.LNGexportprojectstobeapprovedforconstruction,theymustfirstcompletealengthy(~threeyear)andcostly($50-$100...