LNG Exports Present Policy, Political Challenges for U.S. Regulators
Posted on Jan 31, 2012 in Federal Regulation, Financing, LNG Exports, Policy, Legislation and Politics | Comments Off on LNG Exports Present Policy, Political Challenges for U.S. Regulators
In an analysis offered by Platts LNG Daily [subscription required], several members of the LNG industry expressed concern over whether the U.S. Department of Energy (DOE) might revoke LNG export authority even after authorizing exports. The industry participants noted that portions of DOE’s authorization of LNG exports from the Sabine Pass LNG facility suggest that DOE may assert authority to rescind an LNG export permit under the Natural Gas Act.
Separately, Platts LNG Daily also reports that an industry analyst with BP views the issues surrounding U.S. LNG exports as political, not economic, challenges. [Subscription required]