Bill Introduced to Transfer Natural Gas Export Authority to FERC
Posted on Jun 21, 2013 in Federal Regulation, LNG Exports | Comments Off on Bill Introduced to Transfer Natural Gas Export Authority to FERC
Yesterday, U.S. Representative Ted Poe (R-TX) introduced H.R. 2471, which would amend the Department of Energy Organization Act to transfer regulatory authority over exports of natural gas from the Secretary of Energy to the Federal Energy Regulatory Commission. The text of the bill was not available at press...
Sierra Club Continues Opposition to LNG Export Proposals
Posted on Jun 21, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on Sierra Club Continues Opposition to LNG Export Proposals
Sierra Club has filed a protest with FERC contesting Jordan Cove Energy’s proposed LNG export terminal application. Sierra Club argues, as it has in other LNG export terminal cases, that LNG exports will (1) induce gas production from hydraulic fracturing leading to environmental harm and (2) raise domestic gas prices. Copies of the protest can be accessed here, and the complete...
Article Assesses Status of British Columbia LNG Export Terminals
Posted on Jun 20, 2013 in Canada & Mexico, LNG Exports | Comments Off on Article Assesses Status of British Columbia LNG Export Terminals
An article in MarketWatch reviews the status of the LNG export terminals proposed for the west coast of British Columbia, finding that four of the nine proposed projects are much further along in development than the...
Exxon Affiliate Files for National Energy Board (Canada) LNG Export License
Posted on Jun 20, 2013 in Canada & Mexico, LNG Exports | Comments Off on Exxon Affiliate Files for National Energy Board (Canada) LNG Export License
WCC LNG Ltd., a subsidiary of ExxonMobil Canada Ltd., and Imperial Oil Resources Limited have applied to Canada’s National Energy Board for a license to export up to 30 million tonnes of LNG (1,461 Bcf) per year over 25 years from a proposed LNG export terminal to be located in the vicinity of either Kitimat or Prince Rupert, British Columbia. The project could consist of up to...
British Columbia Government Working on Tax Model for LNG Terminals
Posted on Jun 20, 2013 in Canada & Mexico, LNG Exports, Policy, Legislation and Politics | Comments Off on British Columbia Government Working on Tax Model for LNG Terminals
The Wall Street Journal [subscription] reports that British Columbia Premier Christy Clark said in a recent interview that her government was in negotiations with the sponsor of a proposed LNG export terminal in British Columbia to establish a tax structure for the project that would serve as the model for other projects. According to the report, Clark stated that she hoped to reach an...
BG Group Files for NEB LNG Export License/Seeks Partners for LNG Project
Posted on Jun 19, 2013 in Canada & Mexico, Federal Regulation, LNG Exports | Comments Off on BG Group Files for NEB LNG Export License/Seeks Partners for LNG Project
The Financial Post reports that BG Group PLC (BG) has applied to Canada’s National Energy Board to export up to 21.6 million tonnes of LNG per year (2.9 Bcf/day) from its proposed LNG terminal on Ridley Island near Prince Rupert, British Columbia. According to the report, BG is seeking partners for the terminal project and is expecting to own less than 50% in the facility, which...