Peak Oil is You

Donate Bitcoins ;-) or Paypal :-)

Page added on April 27, 2013

Bookmark and Share

US congressmen favour export of natural gas to India

Public Policy

Top American lawmakers have strongly favoured export of US natural gas to India, in the absence of which, they said, the energy starved nation might be forced to join the Iran-Pakistan gas pipeline.

During a Congressional hearing on export of US natural gas, the lawmakers argued that it is in the national security interest of the US to export the excess natural gas to its allies like India and Japan and also to its European allies to reduce their dependence on Russian gas.

“Without US natural gas, the Indians might have to participate in the Iran-Pakistan gas pipeline. We have given the Indians a reasonable alternative. We should use it,” Congressman Ted Poe said.

Chairing a Congressional hearing on ‘Natural gas exports: Economic and geopolitical opportunities’, Poe said: “Liberalising our natural gas export policy will provide certainty to allies and economic partners around the world that the United States is an advocate of free trade.”

National security interests

Congressman Brad Sherman said that it was in national security interests of the US to provide secure natural gas supplies to its allies and to prevent India from turning to Iran for a natural gas pipeline.

Indian Ambassador to the US Nirupama Rao, in an editorial in The Wall Street Journal this month, had said that export of US natural gas to India “would provide a steady, reliable supply of clean energy that would help reduce India’s crude oil imports from the Middle East and provide reliable energy to India’’.

Natural gas exports

Poe said cheap US natural gas exports would reduce the Russian stranglehold on European market and give the US more political clout at the expense of Russia.

“In the Pacific, allies like Japan and Korea pay very high prices for natural gas. They would be immediate importers of cheaper US natural gas if we were allowed to sell it to them,” he said.

The US Department of Energy is in the final stages of taking a policy decision on export of natural gas to countries like India and Japan. Under the existing laws, US can export natural gas to only those countries with which it has a free trade agreement.

Hindu Business Line

4 Comments on "US congressmen favour export of natural gas to India"

  1. DC on Sat, 27th Apr 2013 3:50 pm 

    Yea, last thing the US wants is to see all that Non-Corporate NG being sold by, horrors, Russia, and Iran! The duopoly of NG evil. So much so, the US might even consider shipping its radioactive frak gas 1/2 way around the world and sell it at a loss rather than see them Russkis and terrorist Iranians make some of that nationalized profits the US is so worried about.

  2. Norm on Sat, 27th Apr 2013 8:30 pm 

    Poison the water well of heartland-America farmers, so that East Indians can cook over a nat-gas fire, instead of a campfire? Maybe just ship them some firewood instead… whoops, not enough quarterly profits in that for the corporate greed-meisters.

  3. CAM on Sat, 27th Apr 2013 10:06 pm 

    So! There goes our 100 year supply of natural gas! Well,If there ever was really a 100 year supply to begin with!

  4. BillT on Sun, 28th Apr 2013 3:54 am 

    The Greedy capitalists have sold America down the river and continue to do so.

Leave a Reply

Your email address will not be published. Required fields are marked *