Senator Wyden Criticizes DOE LNG Export Study
Posted on Jan 10, 2013 in Federal Regulation, LNG Exports | Comments Off on Senator Wyden Criticizes DOE LNG Export Study
Senator Ron Wyden (D-OR), the incoming chairman of the Senate Energy and Natural Resources Committee, today sent a letter to U.S. Department of Energy (DOE) Secretary Steven Chu criticizing the recent study commissioned by DOE on the macroeconomic effects of LNG exports on the U.S. economy. Wyden stated that the flaws of the study “are numerous and render this study insufficient...
Small Business & Entrepreneurship Council: Limits on LNG Exports Could Hurt Small Businesses
Posted on Jan 10, 2013 in LNG Exports | Comments Off on Small Business & Entrepreneurship Council: Limits on LNG Exports Could Hurt Small Businesses
The chief economist for the Small Business & Entrepreneurship Council (SBE Council), Raymond J. Keating, voiced “grave concerns” today over efforts to restrict U.S. energy exports. Keating called the effort to limit LNG exports “an effort to limit opportunity for American small businesses and entrepreneurs.” Keating stated that the energy sector is populated...
U.S. Chamber of Commerce: LNG Exports Won’t Inhibit U.S. Manufacturing Resurgence
Posted on Jan 10, 2013 in LNG Exports | Comments Off on U.S. Chamber of Commerce: LNG Exports Won’t Inhibit U.S. Manufacturing Resurgence
The Oil & Gas Journal reported that U.S. Chamber of Commerce President Thomas J. Donohue said today that the U.S. can accommodate LNG exports without jeopardizing the U.S. manufacturing renaissance that has resulted from low domestic gas prices. Donohue added, “If they don’t do something to stimulate the price of gas a little, nothing will be taken out of the ground....
Cheniere Obtains Land Lease for Corpus Christi Terminal
Posted on Jan 9, 2013 in LNG Exports, State and Local Issues | Comments Off on Cheniere Obtains Land Lease for Corpus Christi Terminal
Port of Corpus Christi commissioners have approved a two-year lease of 110 acres for Cheniere Energy subsidiary Corpus Christi Liquefaction LLC to use for temporary fabrication yards during construction of an LNG export terminal on the North Side of Corpus Christi Bay, Texas. The lease is a “vital component” for getting FERC approval of the project, according to Bill...
New Report Evaluates Global Impacts of U.S. LNG Exports
Posted on Jan 9, 2013 in LNG Exports, Markets and Competition | Comments Off on New Report Evaluates Global Impacts of U.S. LNG Exports
A new report by the Deloitte Center for Energy Solutions and Deloitte MarketPoint LLC, funded by Cheniere Energy, Inc., assesses the global impact of LNG exports from the United States and projects an “increase of average U.S. gas prices from 2016 to 2030 of about $0.15/MMBtu.” The study speculates that the price differences between U.S. and export markets will narrow,...
Southern LNG Responds to Protests On LNG Export Application
Posted on Jan 9, 2013 in Federal Regulation, LNG Exports | Comments Off on Southern LNG Responds to Protests On LNG Export Application
Southern LNG Company, L.L.C. (SLNG), filed an answer to the motions to intervene and protests filed by Sierra Club and the American Public Gas Association (APGA) on SLNG’s application at the U.S. Department of Energy to export LNG from SLNG’s Elba Island, Ga., terminal to countries without a Free Trade Agreement with the United States. SLNG opposes APGA’s and Sierra...