Senator Lugar Proposes Free Trade Status for U.S. LNG Exports to NATO Nations
Posted on Dec 12, 2012 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on Senator Lugar Proposes Free Trade Status for U.S. LNG Exports to NATO Nations
UPI reports that U.S. Senator Richard Lugar (R-IN) will introduce a bill today to encourage exports of U.S. LNG to North Atlantic Treaty Organization (NATO) nations by amending the Natural Gas Act to provide that applications to export LNG to NATO nations are to be considered by the U.S. Department of Energy (DOE) under the same automatic approval process DOE uses for applications to...
Dow Chemical CEO Criticizes DOE LNG Export Study
Posted on Dec 11, 2012 in LNG Exports, Markets and Competition | Comments Off on Dow Chemical CEO Criticizes DOE LNG Export Study
Dow Chemical Company (Dow) released a statement from its chairman and chief executive officer, Andrew N. Liveris, criticizing the U.S. Department of Energy’s recent report on the macroeconomic effects of LNG exports, calling the report “flawed, misleading, and based on outdated, inaccurate and incomplete economic data.” Liveris stated that the report, which concluded...
PETRONAS and Progress Energy Resources Announce Canadian LNG Growth Plans
Posted on Dec 11, 2012 in LNG Exports | Comments Off on PETRONAS and Progress Energy Resources Announce Canadian LNG Growth Plans
PETRONAS and Progress Energy Resources Corp. (Progress) issued a statement welcoming the Canadian government’s recent approval of the acquisition of Progress by PETRONAS Carigali Canada Ltd. The companies stated that their growth plans include three major Canadian investment components: the construction of the Pacific Northwest LNG export facility on Lelu Island in the District of Port...
Cameron LNG Files Formal FERC Application Export Project
Posted on Dec 10, 2012 in Federal Regulation, LNG Exports | Comments Off on Cameron LNG Files Formal FERC Application Export Project
Cameron LNG, LLC (“Cameron LNG”) filed its formal FERC application to site, construct, and operate new liquefaction and export facilities at the site of the existing Cameron LNG export terminal located in Cameron Parish, La. The proposed liquefaction facility would consist of three liquefaction trains each with a capacity sufficient to enable the export of 4 million metric tons per...
Petronas and Progress Energy Moving Forward with BC LNG Terminal
Posted on Dec 7, 2012 in LNG Exports | Comments Off on Petronas and Progress Energy Moving Forward with BC LNG Terminal
The Ottawa Citizen reports that Malaysian state-owned energy company Petronas and Canadian gas company Progress Energy have completed a feasibility study and are proceeding to the preliminary front-end engineering design phase for an LNG plant at Prince Rupert, British Columbia, despite the Canadian government’s recent rejection of Petronas’s proposed acquisition of...
Reactions Vary to DOE Study on Macroeconomic Effects of LNG Exports
Posted on Dec 6, 2012 in LNG Exports, Markets and Competition | Comments Off on Reactions Vary to DOE Study on Macroeconomic Effects of LNG Exports
The reactions to the U.S. Department of Energy’s release yesterday of the NERA study on the macroeconomic effects of LNG exports on the U.S. economy have been varied. Reuters provides a general overview of the study and reactions. Senator Ron Wyden (D-OR), the incoming chair of the Senate Energy and Natural Resources Committee, released a statement that the study appears to...