Importing Liquefied Natural Gas

Paper Summary:

This paper examines the relative risks and benefits of importing liquefied natural gas (LNG), specifically to the United States. It discusses the threat of LNG once it is brought onto land and the threats of transporting it by sea. In order to understand whether the benefits outweigh the risks, the paper discusses the value of imported LNG for the United States. Environmental, financial and industrial benefits are included in the discussion. The paper then looks at the effect of importing liquefied natural gas on the intelligence and policing community and finally discusses the challenges facing congress.

Table of Contents:
Introduction
Risks of Importing Liquefied Natural Gas
Benefits of Importing Liquefied Natural Gas
Effect of Importing Liquefied Natural Gas on the Intelligence and Policing Community
Challenges Facing Congress and Policy Makers
The Paradox of Liquefied Natural Gas Tankers
Conclusion

From the Paper:

"The importation of liquefied natural gas represents, for the United States, a tremendous opportunity for the obtaining of an energy source which can not only go a very long way toward remedying the energy shortages which have plagued the US and other industrialized nations for decades, but also provides a source of low environmental impact energy as well. Conversely, there are also some risks in the importation of LNG, including concerns for the safety of the nation, political considerations, financial entanglements and more. While there is no totally reliable, risk-free energy source in the present day, LNG seems to present one of the most attractive options given the alternatives today. However, in conclusion, the quest to obtain other attractive sources of energy should not stop."

Sample of Sources Used:

• Cordesman, A. H. (1997). Bahrain, Oman, Qatar, and the UAE: Challenges of Security. Boulder, CO: Westview Press.
• Cordesman, A. H. (2004). Energy Developments in the Middle East. Westport, CT: Praeger.
• Downs, E. S. (2000). China's Quest for Energy Security. Santa Monica, CA: Rand.
• Johnson, D. & Valencia, M. (Eds.). (2005). Piracy in Southeast Asia: Status, Issues, and Responses. Singapore: Institute of Southeast Asian Studies.
• Kelly, S. G. (2005). Address to the Environmental Regulation, Energy and Market Entry Symposium. Duke Environmental Law & Policy Forum, 15(2), 251+.

More papers on Importing Liquefied Natural Gas:

• Research Paper # 52178 : "Sweetening Natural Gas"
• Research Paper # 112250 : "Managing Natural Resources: Natural Gas"

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