European LNG Headlines
“Reserves Boost” for Snohvit (Upstream Online)Bill Proposes Excise Tax Based on LNG’s Energy Content
Posted on Jan 27, 2012 in Policy, Legislation and Politics | Comments Off on Bill Proposes Excise Tax Based on LNG’s Energy Content
Congressman Mac Thornberry (R-Texas) has proposed legislation that would adjust the calculation of excise taxes on LNG. The bill, H.R. 3832, would tax LNG at 24.3 cents/energy equivalent of diesel. Read more in Platts LNG Daily [subscription...
United States Pushing LNG Exports to Pakistan
Posted on Jan 26, 2012 in LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on United States Pushing LNG Exports to Pakistan
The Express Tribune (Pakistan) reports that U.S. embassy officials have lobbied the Pakistani government to replace planned natural gas purchases from Iran with less expensive natural gas supplies from the United States. A government official stated that the United States has not made any firm offer to supply LNG to Pakistan, but that the U.S. Agency for International Development...
Port of Brownsville Approves Lease Option for Site of Proposed Gulf Coast LNG Export Project
Posted on Jan 26, 2012 in LNG Exports, State and Local Issues | Comments Off on Port of Brownsville Approves Lease Option for Site of Proposed Gulf Coast LNG Export Project
The Port of Brownsville has approved a lease option for the site of the proposed Gulf Coast LNG Export project. According to the Brownsville Herald, the site includes 500 acres of the Port’s...
Panel Suggests EIA Study Overstates U.S. LNG Export Volumes
Posted on Jan 26, 2012 in LNG Exports, Markets and Competition | Comments Off on Panel Suggests EIA Study Overstates U.S. LNG Export Volumes
Speaking in Washington, D.C., Tuesday, two industry analysts agreed that a study published by the U.S. Energy Information Administration (EIA) likely overstates the impacts of U.S. LNG exports on domestic gas prices. According to Platts, the analysts noted that the likely volume of LNG exports is far less than the 6-12 Bcf/d scenario analyzed by the...