CLNG Says Senate LNG Bill to Repeal Part of EPACT 2005 May Limit States’ Involvement in LNG Siting Process
Posted on Mar 4, 2010 in Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on CLNG Says Senate LNG Bill to Repeal Part of EPACT 2005 May Limit States’ Involvement in LNG Siting Process
Center for LNG President Bill Cooper told Platts LNG Daily [subscription required] that a bill proposed in the U.S. Senate that would repeal section 311 of the Energy Policy Act of 2005 (EPACT 2005) may actually limit state and local government involvement in the LNG project siting process. According to Cooper, prior to EPACT 2005, the only way state agencies could influence...
Barclays: Gazprom’s European Gas Pricing May Direct More LNG to U.S. Market
Posted on Mar 4, 2010 in Markets and Competition | Comments Off on Barclays: Gazprom’s European Gas Pricing May Direct More LNG to U.S. Market
In a report released earlier this week, Barclays Capital said that Gazprom’s recent revision of its natural gas pricing formula for European customers, allowing up to 15% of Gazprom’s gas sales contracts to be linked to spot gas prices, may drive excess Atlantic basin LNG to U.S. import terminals over the next three years. Read more in Platts LNG Daily. [Subscription...
U.S. Senators Introduce Legislation to Grant States Greater Authority Over LNG Facility Siting
Posted on Mar 3, 2010 in Federal Regulation, Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on U.S. Senators Introduce Legislation to Grant States Greater Authority Over LNG Facility Siting
United States Sens. Ron Wyden (D-Ore.), Chris Dodd (D-Conn.), Maria Cantwell (D-Wash.), Barbara Mikulski (D-Md.), Ben Cardin (D-Md.), and Jeff Merkley (D-Ore.) jointly introduced a bill that would repeal a portion of the Energy Policy Act of 2005 which gave FERC authority over the siting of LNG terminals. According to a press release from Sen. Wyden’s office, this bill is...
Local Officials Present Opposition to Weaver’s Cove LNG Project
Posted on Mar 3, 2010 in Environmental, Policy, Legislation and Politics, Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Local Officials Present Opposition to Weaver’s Cove LNG Project
Four local officials testified against the Weaver’s Cove LNG project yesterday before a Rhode Island Senate task force reviewing the LNG proposal. The Providence Journal reports that the officials, which included fire chiefs and town administrators, raised security and environmental...
Gazprom Official Expects LNG to Compete with Shale Plays for U.S. Gas Market Share
Posted on Mar 3, 2010 in Markets and Competition | Comments Off on Gazprom Official Expects LNG to Compete with Shale Plays for U.S. Gas Market Share
Speaking yesterday in Paris, Gazprom Deputy CEO Alexander Medvedev said that he expects LNG to compete with shale gas plays for U.S. natural gas market share. According to Business Week, Medvedev also said that he does not see any reason for Gazprom to revise its goal to capture 10% of the U.S. gas market by...