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Keeping natural gas costs low key to US export success amid transition: Venture Global US liquefaction project developers’ success in advancing new projects hinges in part on their ability to keep costs low enough to compete with coal globally, Venture Global LNG CEO Michael Sabel said May 19. Even as the energy transition takes aim at fossil fuels, coal remains a major fuel in power production in emerging markets in Asia. During the second day of the US Chamber of Commerce’s Global Forum on Economic Recovery, Sabel said that natural gas can maintain its share of a diversifying energy mix...

Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Even as the energy transition takes aim at fossil fuels, coal remains a major fuel in power production in emerging markets in Asia. During the second day of the US Chamber of Commerce's Global Forum on Economic Recovery, Sabel said that natural gas can maintain its share of a diversifying energy mix as long as the industry is able to build sufficient infrastructure. "The demand for global energy is going to continue to grow and accelerate and, in particular, in ...

Next U.S. LNG Exporter Says Project Ahead of Schedule Bloomberg 12/16/2020 Sergio Chapa and Alix Steel © Bloomberg Michael Sabel, co-chairman and co-chief executive officer Venture Global LNG Inc., speaks during the 2019 CERAWeek by IHS Markit conference in Houston, Texas, U.S., on Wednesday, March 13, 2019. (Bloomberg) -- Construction on the next major liquefied natural gas export terminal in the U.S. is ahead of schedule and cargoes for a second project will be fully contracted by the middle of 2021, according to the developer’s top executive. Venture Global LNG Inc. ...