Shell Exec Sees Potential Political Risks of Exporting Cheap American Gas
Posted on Mar 21, 2012 in LNG Exports, Policy, Legislation and Politics | Comments Off on Shell Exec Sees Potential Political Risks of Exporting Cheap American Gas
The Globe and Mail reports that Royal Dutch Shell PLC CFO, Simon Henry, is concerned that exporting low cost American gas to countries that compete economically with the United States could be characterized as exporting American jobs. While Shell is exploring options to take advantage of the low cost supplies, Henry wonders how long exporting gas will remain politically acceptable....
FERC Seeks Additional Information from Freeport LNG on Phase II Modification Project
Posted on Mar 21, 2012 in Environmental, Federal Regulation, LNG Exports, Regas Terminals & Capacity | Comments Off on FERC Seeks Additional Information from Freeport LNG on Phase II Modification Project
Yesterday, FERC asked Freeport LNG Development, L.P. to provide additional information regarding the company’s planned Phase II Modification Project. According to FERC’s letter, available in the eLibrary under Docket No. CP12-29, the information requested is “necessary for [the Commission staff] to continue preparation of the environmental...
FERC Nominees Testify Before Senate Committee; Senators Voice Concerns About Increased Gas Exports
Posted on Mar 21, 2012 in Federal Regulation, Policy, Legislation and Politics | Comments Off on FERC Nominees Testify Before Senate Committee; Senators Voice Concerns About Increased Gas Exports
Anthony T. Clark and FERC Commissioner John R. Norris, both nominated for FERC Commissioner appointments, testified yesterday before the U.S. Senate Energy and Natural Resources Committee. According to a report in Bloomberg BNA [subscription required], both are expected to be confirmed. During the hearing, Senator Ron Wyden (D-Ore.) chided FERC for being too lax in its...
European LNG Headlines
Europe Clears Total for Russian LNG (UPI)Senator Wyden Voices Opposition to LNG Exports; Favors Increased State Regulatory Role
Posted on Mar 20, 2012 in Federal Regulation, LNG Exports, State and Local Issues | Comments Off on Senator Wyden Voices Opposition to LNG Exports; Favors Increased State Regulatory Role
The Daily Astorian reported yesterday that at a town meeting U.S. Senator Ron Wyden (D-Ore.) expressed his opposition to West Coast LNG export terminals, stating that exports of natural gas would drive up domestic energy prices and undermine U.S. energy independence efforts. According to the article, Wyden also stated that he favors increased state and reduced FERC roles in the...