Japan to Request DOE Permission to Import U.S. LNG
Posted on Mar 13, 2012 in Federal Regulation, LNG Exports, Policy, Legislation and Politics, Trade Restrictions | Comments Off on Japan to Request DOE Permission to Import U.S. LNG
Platts reported today that Japanese delegates intend to meet today with U.S. Department of Energy Deputy Secretary Daniel Poneman and request permission to import relatively low-priced U.S. LNG. The officials are expected to meet at the International Energy Forum being held in Kuwait...
FERC Approves Settlement for Second Cooling Cargo for Cove Point LNG Facility
Posted on Mar 13, 2012 in Federal Regulation, Regas Terminals & Capacity | Comments Off on FERC Approves Settlement for Second Cooling Cargo for Cove Point LNG Facility
Yesterday, FERC issued a letter order approving the settlement agreement for the second LNG cargo to be delivered to the Cove Point LNG import terminal to maintain “cryogenic portions of the [t]erminal cooled to the temperature necessary to receive LNG imports.” The order is available in FERC’s eLibrary under Docket No....
ACC Clarifies Position on U.S. LNG Exports
Posted on Mar 13, 2012 in LNG Exports, Policy, Legislation and Politics | Comments Off on ACC Clarifies Position on U.S. LNG Exports
The American Chemistry Council (ACC) has issued a press release responding to an article published by the Wall Street Journal last week which suggested that the ACC opposed the export of U.S. natural gas as LNG. The press release states that the group does “not support natural gas exports bans.” The Wall Street Journal has amended its previous article to reflect this...
DOE Reaffirms LNG Export Application Stance
Posted on Mar 12, 2012 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on DOE Reaffirms LNG Export Application Stance
Speaking at an industry conference last week, U.S. Department of Energy (DOE) Deputy Secretary Daniel Poneman reaffirmed that DOE would “not take any actions on the pending export applications until [DOE’s] ongoing review of this issue is completed and we have had an opportunity to review the results.” Addressing concerns related to the impact that increased gas exports...
Cheniere Requests FERC Action
Posted on Mar 12, 2012 in Federal Regulation, LNG Exports, Regas Terminals & Capacity | Comments Off on Cheniere Requests FERC Action
On March 8, 2012, Cheniere Energy, Inc. filed a letter with FERC requesting that the Commission issue an order approving Cheniere’s Sabine Pass LNG Liquefaction Project no later than March 15, 2012. Cheniere stated that failure to receive FERC authorization by that date could result in delays in construction of the project and significant price increases. Cheniere’s letter is...