American Chemistry Council Reaffirms Support of LNG Exports
Posted on Feb 7, 2013 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on American Chemistry Council Reaffirms Support of LNG Exports
The American Chemistry Council released a statement yesterday reaffirming its opposition to new LNG export restrictions and its support of LNG exports under existing laws. The statement notes that “[t]here is a lack of clear consensus among our members concerning whether the Natural Gas Act’s ‘public interest’ requirement should be further defined in export...
Senator Wyden Op-Ed: Allow Some Gas Exports While Protecting U.S. Manufacturing Resurgence and National Security
Posted on Feb 7, 2013 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on Senator Wyden Op-Ed: Allow Some Gas Exports While Protecting U.S. Manufacturing Resurgence and National Security
U.S. Senator Ron Wyden wrote in an Op-Ed published in The Hill today that he is not opposed to all gas exports, but seeks to find a balance where some gas exports are permitted to keep production flowing and the U.S. manufacturing resurgence and national security interests are...
TEPCO to Purchase LNG from Cameron LNG Terminal Based on Henry Hub Price
Posted on Feb 7, 2013 in LNG Exports, Markets and Competition | Comments Off on TEPCO to Purchase LNG from Cameron LNG Terminal Based on Henry Hub Price
Tokyo Electric Power Company (TEPCO) announced that it has agreed on the initial terms and conditions of an agreement with Mitsui & Co., Ltd., and is in final discussions with Mitsubishi Corporation, for the purchase of approximately 800,000 tons of LNG per year from the Cameron LNG export terminal in Cameron Parish, La. The LNG purchases, starting in 2017 for a period of about 20...
American Public Gas Association Opposes New LNG Export Bill
Posted on Feb 6, 2013 in Federal Regulation, LNG Exports | Comments Off on American Public Gas Association Opposes New LNG Export Bill
The American Public Gas Association (APGA), a trade organization representing America’s publicly owned natural gas local distribution companies, sent letters yesterday to U.S. Senators Inhofe (R-OK), Barasso (R-WY) and Cornyn (R-TX) urging the Senators to withdraw the “Expedited LNG for American Allies Act of 2013,” introduced by those Senators last week. APGA argues...
Bipartisan LNG Export Bill Introduced in House
Posted on Feb 6, 2013 in Federal Regulation, LNG Exports | Comments Off on Bipartisan LNG Export Bill Introduced in House
Ohio Republican Congressman Mike Turner today introduced the “Expedited LNG for American Allies Act,” a bipartisan House companion to legislation introduced last week by Senator John Barasso (R-WY). Turner’s bill would treat North Atlantic Treaty Organization members, Japan and certain other countries similar to countries having a Free Trade Agreement with the United...
DOE to Consider All Evidence in Formulating LNG Export Policy
Posted on Feb 5, 2013 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on DOE to Consider All Evidence in Formulating LNG Export Policy
Platts [subscription required] reports that, in formulating U.S. LNG export policy, the U.S. Department of Energy (DOE) will not rely solely on the December 2012 NERA study on LNG exports, but will also consider the Energy Information Administration study released in January 2012, as well as comments submitted to...