Editorial Cites Economic Benefits from Jordan Cove LNG Export Project
Posted on Feb 8, 2012 in LNG Exports, Policy, Legislation and Politics | Comments Off on Editorial Cites Economic Benefits from Jordan Cove LNG Export Project
An editorial carried by The World (Coos Bay, Ore.) notes U.S. Secretary of Energy Steven Chu’s recent comments suggesting that “[e]xporting natural gas means wealth comes into the United States.” The editorial concludes that “importing foreign money” through LNG export projects, including the Jordan Cove LNG export proposal, is...
U.S. Senator Encourages FERC to Act Quickly on Sabine Pass LNG Liquefaction Project
Posted on Feb 6, 2012 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on U.S. Senator Encourages FERC to Act Quickly on Sabine Pass LNG Liquefaction Project
Senator Mary Landrieu (D-La.) has requested that FERC act on the Sabine Pass LNG liquefaction and export project at its February Commission meeting. In her letter to FERC Chairman Jon Wellinghoff, Senator Landrieu notes that the comment period for the Environmental Assessment for the project ended last month, so she requests the Commission to provide “an expeditious conclusion in...
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...
Jamaican Government Remains Committed to LNG Import Project
Posted on Jan 30, 2012 in Markets and Competition, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Jamaican Government Remains Committed to LNG Import Project
In a comment to Platts LNG Daily [subscription required], the project manager for Jamaica’s planned LNG import project said that the country’s government remains committed to the project. His comments followed the appointment of Phillip Paulwell as Minister of Mining and Energy. Separately, an op-ed piece carried by the Jamaica Gleaner notes that LNG imports to Jamaica could face...
Bill Proposes Excise Tax Based on LNG’s Energy Content
Posted on Jan 27, 2012 in Policy, Legislation and Politics | Comments Off on Bill Proposes Excise Tax Based on LNG’s Energy Content
Congressman Mac Thornberry (R-Texas) has proposed legislation that would adjust the calculation of excise taxes on LNG. The bill, H.R. 3832, would tax LNG at 24.3 cents/energy equivalent of diesel. Read more in Platts LNG Daily [subscription...
United States Pushing LNG Exports to Pakistan
Posted on Jan 26, 2012 in LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on United States Pushing LNG Exports to Pakistan
The Express Tribune (Pakistan) reports that U.S. embassy officials have lobbied the Pakistani government to replace planned natural gas purchases from Iran with less expensive natural gas supplies from the United States. A government official stated that the United States has not made any firm offer to supply LNG to Pakistan, but that the U.S. Agency for International Development...