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China Sets 10% Tariff on U.S. LNG Imports

Reuters reports that China has imposed a 10% tariff on U.S. LNG imports effective September 24, 2018. The tariff is less than the expected 25% China had announced earlier. According to the report, the smaller than expected tariff helped lift the stock prices of Cheniere Energy and Golar...

DOE Official Identifies Physical Constraints to U.S.-EU LNG Supply

Yesterday, the U.S. Senate Committee on Energy and Natural Resources held a hearing to examine the role of U.S. LNG in meeting European energy demand.  In his prepared statement, Steven E. Winberg, Assistant Secretary for Fossil Energy at the U.S. Department of Energy (DOE), stated that despite the availability of U.S. LNG imports into Europe, there are constraints affecting the amount...

U.S. House Approves Bill Authorizing Small-Scale LNG Exports

Last week, the U.S. House of Representatives passed a bill that would amend the Natural Gas Act to provide that applications for the importation or exportation of not more than 0.17 Bcf/day of natural gas and which do not require and environmental impact statement or environmental assessment shall be granted without modification or delay The bill’s provisions are similar to a final...

Republican Senators Question FERC on Pending LNG Export Applications

A group of Republican U.S. Senators has sent a letter to FERC Chairman McIntyre “urging FERC to approve pending [LNG] export project applications in a timely manner, and seeking information regarding FERC’s approval process and the agency’s available resources.”  The letter was signed by Senators Lisa Murkowski (R-AK), Bill Cassidy (R-LA), John Barrasso (R-WY), John Kennedy (R-LA), Ted...

United States and Panama to Sign Regional LNG Expansion Pact

Reuters reports that the United States and Panama will sign an agreement intended to expand private investment to allow greater U.S. LNG access to Latin American countries. Under the proposal, U.S. LNG supplies would be shipped to the new AES Colón LNG terminal in Panama and then distributed to countries the...

Reuters: Trump Statement that Europe to Become Massive Buyer of U.S. LNG May Not Pan Out

Reuters reports that contrary to recent statements by European Commission President Jean-Claude Juncker that the EU would build more terminals to handle America’s LNG, and by President Trump that Europe would be a massive buyer of U.S. LNG, the reality is that “three-quarters of Europe’s existing import facilities lie empty while demand for U.S. LNG on the continent remains limited. ...

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