Foreign Affairs Committee Chairman Criticizes OMV’s Deal with Iran
Posted on Apr 25, 2007 in Financing, Policy, Legislation and Politics | Comments Off on Foreign Affairs Committee Chairman Criticizes OMV’s Deal with Iran
The International Herald-Tribune reports that U.S. Rep. Tom Lantos (D-CA), Chairman of the House Committee on Foreign Affairs, said Tuesday that he is outraged by the proposed LNG export deal between Iran and Austria’s oil and gas firm OMV. Rep. Lantos said that if the deal is finalized, OMV could face U.S. sanctions under either the Iran Sanctions Act or new legislation that he...
Congressional Hearing Focuses on Sparrows Point Safety and Security
Posted on Apr 24, 2007 in Federal Regulation, Policy, Legislation and Politics, Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Congressional Hearing Focuses on Sparrows Point Safety and Security
The Baltimore Sun reports that several elected officials expressed skepticism about the safety and security plans for the Sparrows Point terminal in Maryland at a U.S. House Subcommittee on Coast Guard and Maritime Transportation hearing yesterday. Members of Congress present at the hearing vowed to continue to fight the project. An official from AES, the project developer, defended...
U.S. Government Seeks to Dissuade Austrian Firm from Investing in Iran
Posted on Apr 24, 2007 in Federal Regulation, Financing, Policy, Legislation and Politics | Comments Off on U.S. Government Seeks to Dissuade Austrian Firm from Investing in Iran
According to an AFP report cited in Platts LNG Daily, the U.S. State Department will attempt to dissuade Austria’s largest oil and gas firm, OMV, from finalizing a $30 billion LNG export deal with Iran. If OMV completes the deal, it could trigger sanctions under the Iran Sanctions Act (2006), which imposes economic sanctions on corporations that make significant investments in...
U.S. House Subcommittee Hearing: Testimony and Staff Summary
Posted on Apr 24, 2007 in Federal Regulation, Marine Regulation, Policy, Legislation and Politics, Safety & Security | Comments Off on U.S. House Subcommittee Hearing: Testimony and Staff Summary
LNGLawBlog attended the hearing of the House Subcommittee on Coast Guard and Maritime Transportation held yesterday, April 23, 2007, and obtained copies of the written testimony and staff summary: •Staff Summary •AES Testimony •Dunbar Brooks Testimony •FERC Testimony •MEBA Testimony •Sen. Mikulski Testimony •Gov. O’Malley Testimony •Coast Guard Testimony •Baltimore County...
Congressional Hearing in May to Focus on Broadwater Safety and Security
Posted on Apr 23, 2007 in Policy, Legislation and Politics, Regas Terminals & Capacity, Safety & Security | Comments Off on Congressional Hearing in May to Focus on Broadwater Safety and Security
A congressional hearing has been scheduled for May 7, 2007, in Farmingville, New York, to address security issues surrounding Broadwater LNG’s proposed terminal in Long Island Sound. The field hearing, called by the U.S. House of Representatives Transportation and Infrastructure’s Subcommittee on Coast Guard and Maritime Transportation, will deal with how the Coast Guard ...
Congressional Hearing on LNG Security Convened Today in Baltimore
Posted on Apr 23, 2007 in Policy, Legislation and Politics, Regas Terminals & Capacity, Safety & Security | Comments Off on Congressional Hearing on LNG Security Convened Today in Baltimore
The U.S. House of Representatives Transportation and Infrastructure Committee’s Subcommittee on Coast Guard and Maritime Transportation will hold a hearing today on security issues surround ing LNG terminals, and in particular the Sparrows Point terminal proposal. The hearing, to be held in Baltimore, will feature testimony from Sen. Barbara A. Mikulski (D-MD) and Gov. Martin...