U.S. House Passes Bill to Expedite LNG Exports
Posted on Sep 19, 2014 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on U.S. House Passes Bill to Expedite LNG Exports
Yesterday, the U.S. House of Representatives passed H.R. 2, which includes provisions to expedite LNG exports in Title III, the “Domestic Prosperity and Global Freedom Act.’’ The provisions require that, for applications to export gas involving new facilities subject to FERC or U.S. Maritime Administration approval, the U.S. Department of Energy (DOE) issue a final decision within 30...
Progress Energy On Track for FID by Year’s End
Posted on Sep 16, 2014 in Canada & Mexico, LNG Exports, Policy, Legislation and Politics | Comments Off on Progress Energy On Track for FID by Year’s End
Financial Post reports that Michael Culbert, chief executive officer of Progress Energy Canada Ltd., an affiliate of Malaysian oil company Petronas Bhd and sponsor of the proposed Pacific NorthWest LNG export terminal on Lelu Island, British Columbia, is still planning on making a final investment decision for the project by the end of 2014. The article also states that Mr. Culbert...
B.C. LNG Export Terminal Sponsors Press for Tax Breaks
Posted on Sep 16, 2014 in Canada & Mexico, Federal Regulation, Policy, Legislation and Politics | Comments Off on B.C. LNG Export Terminal Sponsors Press for Tax Breaks
The Globe and Mail reports that the B.C. LNG Developers Alliance (Alliance), representing four of the largest sponsors of proposed LNG export terminals on British Columbia’s West Coast, recently sent a letter to Canada’s House of Commons Standing Committee on Finance requesting that the terminals be classified as manufacturing operations rather than distribution businesses to gain more...
U.S. House Subcommittee Holds Hearing on Shipping of U.S. LNG Exports
Posted on Sep 12, 2014 in Federal Regulation, Policy, Legislation and Politics, Vessel Transportation | Comments Off on U.S. House Subcommittee Holds Hearing on Shipping of U.S. LNG Exports
The U.S. House of Representatives Subcommittee on the Coast Guard and Maritime Transportation held a hearing this week on the status of the U.S. Merchant Marine. The hearing focused on H.R. 5270, the bipartisan “Growing American Shipping Act” or GAS Act, which would promote the export of U.S. LNG on U.S.-flagged vessels by (1) authorizing the Secretary of Transportation to develop and...
DOE to Process Alaska LNG Export Application Expeditiously
Posted on Aug 20, 2014 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on DOE to Process Alaska LNG Export Application Expeditiously
The Alaska Journal of Commerce reports the U.S. Department of Energy (DOE) Secretary Moniz recently stated that DOE will process Alaska LNG’s export application on a streamlined basis, given that DOE’s public interest determination for the proposal largely will be a formality since the export of Alaskan LNG will not affect gas markets in the lower-48 states. The report states that DOE...
DOE Adopts Revised Procedures for Reviewing Applications to Export LNG to Non-FTA Nations
Posted on Aug 14, 2014 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on DOE Adopts Revised Procedures for Reviewing Applications to Export LNG to Non-FTA Nations
In a notice submitted for publication in the Federal Register tomorrow (Friday), the U.S. Department of Energy (DOE) announced that it has adopted its proposal to suspend its practice of issuing conditional decisions on applications to export LNG from the lower-48 states to nations without a Free Trade Agreement with the United States. In addition, DOE will no longer follow its Order...