Natural gas imports from the Soviet Union: financing the North Star joint venture project

Book · Wed Jan 01 04:00:00 EST 1975

OSTI ID:7339779

Kosnik, J T

This study examines the feasibility of exchanging USSR natural gas for U.S. technical and managerial know-how under the special financial arrangements of a joint venture. The United States would participate in the development of Soviet natural gas resources in exchange for payment in the form of production from the developed resources. Ideological-institutional constraints of the planned and free-market systems are analyzed. USSR natural gas reserves as well as production and consumption trends are projected, and Soviet technical and managerial needs are determined in order to evaluate the availability of natural gas for export. The investment risk or the cost of U.S. services is compared against the Soviet ability to pay in the form of gas exports or in gold or hard-currency trade surplus earnings. The project, known as ''North Star'', concerns the movement of liquefied natural gas (LNG) from western Siberia to the U.S. East Coast port of Philadelphia and involves gas wells, pipelines, liquefaction plants, and LNG tankers. Although the book is intended as a case study for the ''North Star'' project, the findings are believed applicable to other Soviet proposals. (MCW)

• OSTI ID: 7339779
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294003* -- Energy Planning & Policy-- Natural Gas
AGREEMENTS
BILATERAL AGREEMENTS
COST
ENERGY SOURCES
EUROPE
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INTERNATIONAL AGREEMENTS
INTERNATIONAL COOPERATION
INVESTMENT
LIQUEFACTION
LIQUEFIED NATURAL GAS
MANAGEMENT
MARKET
NATURAL GAS
NATURAL GAS WELLS
NORTH AMERICA
NORTH STAR PROJECT
PIPELINES
SHIPS
TANKER SHIPS
TRADE
USA
USSR
WELLS