Obama Administration Releases Quadrennial Energy Review on Energy Infrastructure
Posted on Apr 21, 2015 in Environmental, Policy, Legislation and Politics | Comments Off on Obama Administration Releases Quadrennial Energy Review on Energy Infrastructure
Today, the Obama Administration, through the U.S. Department of Energy, has released its first installment of its Quadrennial Energy Review, which “examines how to modernize the Nation’s energy infrastructure to promote economic competitiveness, energy security, and environmental responsibility and take full advantage of American innovation and the new sources of domestic energy...
B.C. Introduces Bill Providing Details on LNG Income Taxes
Posted on Mar 26, 2015 in Canada & Mexico, LNG Exports, Policy, Legislation and Politics | Comments Off on B.C. Introduces Bill Providing Details on LNG Income Taxes
The British Columbia (B.C.) government has introduced Bill 26, the Liquefied Natural Gas Income Tax Amendment Act 2015, to “set out the remaining elements of a competitive LNG income tax framework.” The bill provides the LNG industry clarifying information under the Liquefied Natural Gas Income Tax Act, including obligations to register, file returns, pay the tax, and appeal rights. ...
Alaska House Passes Bill to Thwart Governor’s Pipeline Proposal
Posted on Mar 24, 2015 in Liquefaction, LNG Exports, Policy, Legislation and Politics, State and Local Issues | Comments Off on Alaska House Passes Bill to Thwart Governor’s Pipeline Proposal
The Alaska House passed a bill yesterday that would prevent the state from pursuing its own pipeline project “until either the fulfillment or failure of a state partnership” with the Alaska LNG export terminal and pipeline project developers. Alaska Governor Bill Walker proposed the Alaska Standalone Gas Pipeline, or ASAP, “amid concerns that Alaska LNG might not be the best deal for...
Coast Guard Issues Policy Guidance on LNG Bunkering Operations
Posted on Feb 25, 2015 in Marine Regulation, Policy, Legislation and Politics, Safety & Security | Comments Off on Coast Guard Issues Policy Guidance on LNG Bunkering Operations
The U.S. Coast Guard has released two policy letters to enhance the safety of LNG marine fuel transfer (bunkering) operations. The first policy letter provides voluntary guidance to Coast Guard Captains of the Port/Officers in Charge, Marine Inspection (OCMI) on LNG fuel transfer operations on vessels using natural gas as fuel in U.S. waters, and training of personnel on those...
Alaska Governor Pushes for Larger State-Owned Pipeline
Posted on Feb 23, 2015 in LNG Exports, Policy, Legislation and Politics, State and Local Issues | Comments Off on Alaska Governor Pushes for Larger State-Owned Pipeline
Alaska Governor Bill Walker wrote an opinion piece last week expressing support for expanding the size of the proposed state-owned Alaska Stand Alone Pipeline to access North Slope gas supplies as a backup in case the pipeline and LNG export terminal proposed by Alaska LNG are not built. Read more in the Alaska Dispatch...
Canadian Federal Government Proposes Accelerated Capital Cost Allowance for LNG Facilities
Posted on Feb 20, 2015 in Canada & Mexico, Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on Canadian Federal Government Proposes Accelerated Capital Cost Allowance for LNG Facilities
Canada’s federal government has proposed revised tax regulations that would increase the capital cost allowance (CCA) rate for equipment used in natural gas liquefaction from 8% to 30% and increase the CCA rate for buildings at a liquefaction facility from 6% to 10%. The proposed tax relief would be available for capital assets acquired after February 19, 2015 and before 2025. The...