Rep. Markey Introduces Legislation to Restrict Gas Exports
Posted on Mar 15, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on Rep. Markey Introduces Legislation to Restrict Gas Exports
U.S. Representative Ed Markey (D-Mass.) has introduced three bills to limit exports of oil and natural gas produced from federal lands for ten years. The bills provide (1) that the Secretary of the Interior may accept bids on any new oil and gas leases of federal lands (including submerged lands) only from bidders certifying that all natural gas, oil and refined products produced...
New Report Concludes Gas Used for Manufacturing Benefits U.S. Economy More than if Exported/CLNG Responds
Posted on Mar 15, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on New Report Concludes Gas Used for Manufacturing Benefits U.S. Economy More than if Exported/CLNG Responds
A recently released study, commissioned by Dow Chemical Company and prepared by Charles River Associates (CRA), concludes that the U.S. economy would benefit more if low priced natural gas supplies are used by U.S. manufacturers instead of being exported to other nations. The report finds that unlimited gas exports will drive up the domestic price of gas and will have a direct negative...
Magnolia LNG Files to Initiate Pre-filing Procedures
Posted on Mar 14, 2013 in Environmental, Federal Regulation, LNG Exports | Comments Off on Magnolia LNG Files to Initiate Pre-filing Procedures
Magnolia LNG, LLC (Magnolia), a subsidiary of Australian company Liquefied Natural Gas Limited, filed a request that FERC initiate pre-filing environmental review of the proposed Magnolia Liquefied Natural Gas Project. Magnolia proposes to build, own, and operate an 8 million tons per year LNG facility in the Port of Lake Charles, La. to receive domestically sourced natural gas for...
Environmental Groups Urge Timeout on LNG Exports
Posted on Mar 14, 2013 in Environmental, Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on Environmental Groups Urge Timeout on LNG Exports
The Center for International Environmental Law, Clean Water Action, Earthjustice, Earthworks, Environment America, Friends of the Earth, League of Conservation Voters, Sierra Club, and The Wilderness Society sent a joint letter to President Obama urging the Administration to thoroughly study the economic and environmental aspects of increased LNG exports before making final decisions...
ConocoPhillips Not Planning to Renew Alaska LNG Export Authority
Posted on Mar 14, 2013 in Federal Regulation, LNG Exports | Comments Off on ConocoPhillips Not Planning to Renew Alaska LNG Export Authority
Bloomberg reports that ConocoPhillips, citing lack of gas supplies, is not planning to renew its U.S. Department of Energy authority to export LNG from its Kenai, Alaska liquefaction plant to foreign countries not having a Free Trade Agreement with the United States. During 2012, ConocoPhillips shipped four LNG cargoes to...