Released February 22, 2023 | SUGAR LAND
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Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--A vessel laden with U.S.-sourced liquefied natural gas (LNG) is moving past Cuba after taking on cargo from the Sabine Pass terminal, yet another example of the shifting poles in the global energy sector.
Polish energy company PGNiG (Warsaw) said through its Twitter channel during the weekend that the vessel Lech Kaczynski (IMO 9922976) departed Sabine Pass, usually the busiest export terminal for LNG in the United States. The vessel is now north of Cuba and sailing east toward European waters.
Federal data for the seven-day period ending February 15 show 26 vessels laden with LNG left U.S. export terminals for a combined 98 billion cubic feet of gas in liquid form. Of those, nine left from Sabine Pass, operated by Cheniere Energy Incorporated (Houston, Texas).
Poland before the outbreak of war in Ukraine was almost entirely dependent on piped natural gas from Russia to meet its annual energy demand. But even before the war, the U.S. government was keen on establishing itself as an "energy superpower" given its abundance of oil and natural gas.
"Our relatively newfound ability to support our allies around the globe by providing necessary fuel has allowed us to deepen and strengthen relationships with nations equally as committed to the pursuit of a safer, freer, and more prosperous world," the U.S. Department of Energy said after a 2020 strategic dialogue on energy security with Polish officials.
Three years later, and that role is even more important given the Western pressure on Russian exports of crude oil and natural gas, pressure meant to starve the Kremlin of the revenue needed to keep fighting in Ukraine. Economists at the Organization of the Petroleum Exporting Countries said the Russian economy contracted by 3.5% last year and will shrink another 0.5% in 2023.
As the one-year anniversary of Russia's invasion approached, Polish energy company PKN Orlen (Plock) signed a long-term agreement to secure LNG from U.S.-based Sempra Infrastructure (NYSE:SRE) (Houston, Texas). Sempra under the terms of the deal will deliver the equivalent of 48.7 billion cubic feet of gas in liquid form from the first phase of its planned LNG export facility in Port Arthur, Texas.
Reflecting the comments from the U.S. Department of Energy, Daniel Obajtek, the chief executive officer of PKN Orlen, said the United States in 2022 became one of the main suppliers of natural gas to the Polish market.
"This is an important step towards strengthening PKN ORLEN's position as a cornerstone of crude and fuel supply security in Central and Eastern Europe," he said.
Western powers grew concerned about the access to fossil fuels when Winston Churchill, as head of the British Royal Navy, switched the fleet from coal to crude oil at the start of the 20th century. Throughout the 1970s, Western foreign policies rested in large part on maintaining access to the Middle East markets, with former U.S. President Jimmy Carter adding that to the existing containment strategy on Russia.
Making it clear that the then-Soviet Union stays out of the Persian Gulf, the position became the central theme to what became known as the Carter Doctrine.
"Let our position be absolutely clear: An attempt by any outside force to gain control of the Persian Gulf region will be regarded as an assault on the vital interests of the United States of America, and such an assault will be repelled by any means necessary, including military force," Carter said during his State of the Union address in 1980.
A foreign policy doctrine linked to energy was amplified by Russia's war in Ukraine, which hosts a vast network of Soviet-era pipelines. Already entrenched in the European economy by way of the Marshall Plan that rebuilt Europe after World War II, the United States is expanding its influence as a superpower through its natural resources.
The war has resulted in a profound shift in the energy landscape, a shift that's reshaped Western dependencies. U.S. political scientists Robert Keohane and Joseph Nye argued that economies are either sensitive or vulnerable in any given relationship. The war in Ukraine exposed European vulnerabilities in its relationship with Russia, once a tolerable adversary, but it's now moved into a different relationship with its key ally, the United States.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
Polish energy company PGNiG (Warsaw) said through its Twitter channel during the weekend that the vessel Lech Kaczynski (IMO 9922976) departed Sabine Pass, usually the busiest export terminal for LNG in the United States. The vessel is now north of Cuba and sailing east toward European waters.
Federal data for the seven-day period ending February 15 show 26 vessels laden with LNG left U.S. export terminals for a combined 98 billion cubic feet of gas in liquid form. Of those, nine left from Sabine Pass, operated by Cheniere Energy Incorporated (Houston, Texas).
Poland before the outbreak of war in Ukraine was almost entirely dependent on piped natural gas from Russia to meet its annual energy demand. But even before the war, the U.S. government was keen on establishing itself as an "energy superpower" given its abundance of oil and natural gas.
"Our relatively newfound ability to support our allies around the globe by providing necessary fuel has allowed us to deepen and strengthen relationships with nations equally as committed to the pursuit of a safer, freer, and more prosperous world," the U.S. Department of Energy said after a 2020 strategic dialogue on energy security with Polish officials.
Three years later, and that role is even more important given the Western pressure on Russian exports of crude oil and natural gas, pressure meant to starve the Kremlin of the revenue needed to keep fighting in Ukraine. Economists at the Organization of the Petroleum Exporting Countries said the Russian economy contracted by 3.5% last year and will shrink another 0.5% in 2023.
As the one-year anniversary of Russia's invasion approached, Polish energy company PKN Orlen (Plock) signed a long-term agreement to secure LNG from U.S.-based Sempra Infrastructure (NYSE:SRE) (Houston, Texas). Sempra under the terms of the deal will deliver the equivalent of 48.7 billion cubic feet of gas in liquid form from the first phase of its planned LNG export facility in Port Arthur, Texas.
Reflecting the comments from the U.S. Department of Energy, Daniel Obajtek, the chief executive officer of PKN Orlen, said the United States in 2022 became one of the main suppliers of natural gas to the Polish market.
"This is an important step towards strengthening PKN ORLEN's position as a cornerstone of crude and fuel supply security in Central and Eastern Europe," he said.
Western powers grew concerned about the access to fossil fuels when Winston Churchill, as head of the British Royal Navy, switched the fleet from coal to crude oil at the start of the 20th century. Throughout the 1970s, Western foreign policies rested in large part on maintaining access to the Middle East markets, with former U.S. President Jimmy Carter adding that to the existing containment strategy on Russia.
Making it clear that the then-Soviet Union stays out of the Persian Gulf, the position became the central theme to what became known as the Carter Doctrine.
"Let our position be absolutely clear: An attempt by any outside force to gain control of the Persian Gulf region will be regarded as an assault on the vital interests of the United States of America, and such an assault will be repelled by any means necessary, including military force," Carter said during his State of the Union address in 1980.
A foreign policy doctrine linked to energy was amplified by Russia's war in Ukraine, which hosts a vast network of Soviet-era pipelines. Already entrenched in the European economy by way of the Marshall Plan that rebuilt Europe after World War II, the United States is expanding its influence as a superpower through its natural resources.
The war has resulted in a profound shift in the energy landscape, a shift that's reshaped Western dependencies. U.S. political scientists Robert Keohane and Joseph Nye argued that economies are either sensitive or vulnerable in any given relationship. The war in Ukraine exposed European vulnerabilities in its relationship with Russia, once a tolerable adversary, but it's now moved into a different relationship with its key ally, the United States.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
