Bipartisan Policy Center Releases Energy Blueprint
Posted on Feb 28, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on Bipartisan Policy Center Releases Energy Blueprint
The Bipartisan Policy Center’s Strategic Energy Policy Initiative, co-chaired by former Senators Byron Dorgan (D-N.D.) and Trent Lott (R-Miss.), has released a report titled “America’s Energy Resurgence: Sustaining Success, Confronting Challenges.” Addressing LNG exports, the report concludes that “LNG exports are likely to have only modest impacts on domestic...
Shell’s Acquisition of Repsol LNG Assets Does Not Include Canaport Terminal
Posted on Feb 27, 2013 in Regas Terminals & Capacity | Comments Off on Shell’s Acquisition of Repsol LNG Assets Does Not Include Canaport Terminal
CBC News reports that Royal Dutch Shell plc’s (Shell) $6.7 billion acquisition of certain LNG assets of Repsol S.A. does not include the Canaport LNG import terminal in New Brunswick, Canada. As part of the agreement, Shell has committed to supply around 0.1 million tons per year of LNG to the Canaport terminal for 10 years. Read more in the press...
DOE Hears from Both Sides on LNG Export Debate
Posted on Feb 27, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on DOE Hears from Both Sides on LNG Export Debate
Comments in support of and in opposition to increased U.S. LNG exports were filed at the U.S. Department of Energy (DOE) this week. For example, Alcoa filed in opposition to unlimited LNG exports and proposed that DOE should take a cautious approach to granting LNG export applications, while ExxonMobil filed in support of DOE acting expeditiously to grant LNG export applications...
Shell JV Receives Canadian Federal Approval for BC LNG Export Terminal
Posted on Feb 26, 2013 in Canada & Mexico, Federal Regulation, LNG Exports | Comments Off on Shell JV Receives Canadian Federal Approval for BC LNG Export Terminal
The Vancouver Sun reports that Canada’s Natural Resources Minister Joe Oliver announced federal approval of a 25-year export license to LNG Canada Development Inc., a joint venture among Shell Canada Ltd., Korea Gas Corp., Mitsubishi Corp. and PetroChina Co. Ltd. The export license is for up to 24 million tons per year from a proposed LNG terminal near Kitimat, British Columbia....
Senators Respond to Comments Opposing LNG Exports
Posted on Feb 26, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on Senators Respond to Comments Opposing LNG Exports
U.S. Senators James Inhofe (R-Okla.), Mary Landrieu (D-La.), David Vitter (R-La.), Mark Begich (D-Alaska) and Tom Coburn (R-Okla.) submitted a letter to U.S. Department of Energy Secretary Chu refuting criticisms of the NERA Study on the macroeconomic effects of increased LNG exports and urging the Secretary to approve the pending LNG export...