FERC ALJ Grants Request to Suspend Schedule for Cove Point LNG Rate Case
Posted on Feb 20, 2012 in Federal Regulation, Regas Terminals & Capacity | Comments Off on FERC ALJ Grants Request to Suspend Schedule for Cove Point LNG Rate Case
Curtis L. Wagner, Jr., chief administrative law judge (ALJ) for FERC, has granted a request to continue the suspension of the Cove Point LNG rate case to allow the parties to continue their settlement negotiations until March 16, 2012. The parties must file a status report if there is no settlement in writing by the deadline. The order is available in the eLibrary under Docket No....
European LNG Headlines
Posted on Feb 20, 2012 in Litigation, Regas Terminals & Capacity, State and Local Issues | Comments Off on European LNG Headlines
European Court of Human Rights Rules “No Violation” of Human Rights by U.K. Terminal Developers (Milford Mercury)
Congress Votes Down Amendment Banning LNG Exports
Posted on Feb 20, 2012 in LNG Exports, Policy, Legislation and Politics | Comments Off on Congress Votes Down Amendment Banning LNG Exports
The U.S. Congress rejected an amendment to a bill expanding oil and gas exploration that would restrict exports of natural gas. The amendment, proposed by Rep. Ed Markey (D-Mass.), would have prohibited the export of natural gas produced from leases issued pursuant to the underlying bill. The text of the amendment is available in the Congressional Record on page...
Virgin Islands May Consider LNG Imports If Economics Right
Posted on Feb 17, 2012 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Virgin Islands May Consider LNG Imports If Economics Right
Officials in the U.S. Virgin Islands may consider LNG imports if the project is economically attractive. According to the Virgin Islands Daily News, an LNG import project, particularly one using an FSRU to receive and regasify the LNG, could be attractive if other regional energy consumers including Puerto Rico, the British Virgin Islands, St. Maarten and Antigua consolidate around LNG...
Secretary Chu Tells U.S. Senators No Final Decision Yet on LNG Exports
Posted on Feb 17, 2012 in LNG Exports, Policy, Legislation and Politics | Comments Off on Secretary Chu Tells U.S. Senators No Final Decision Yet on LNG Exports
During testimony before the U.S. Senate Energy and Natural Resources Committee, Secretary of Energy Steven Chu said that no final decision has been made as to whether the Department of Energy will authorize additional LNG exports. Secretary Chu noted that he is waiting for additional information regarding the potential economic effects of additional LNG export authorizations...