The US Department of Energy today granted Freeport LNG two final authorizations to export natural gas to non-Free Trade Agreement countries. The ruling authorizes Freeport to export up to 1.8 billion cubic feet of LNG per day for 20 years. The DOE earlier this year changed its LNG permit approval process from a blanket first… Keep reading →
Free Trade Agreement
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We will never sell or share your information without your consent. See our privacy policy.United States law prohibits exports of crude oil and condensate except under certain conditions, while exports of refined products and natural gas are far less restricted. While these laws had little impact when the country was in a position of oil and gas scarcity, the country’s newfound energy abundance has rendered some of them obsolete,… Keep reading →
It’s day two of the federal government shutdown, and there’s no real sense yet of how long it might last. In the meantime, investment bank Simmons & Co has helpfully laid out some possible effects on the oil and gas industry, depending on its duration. This could include delays to additional Department of Energy approvals for… Keep reading →
The proposed 6 million ton per annum (mtpa) Jordan Cove LNG export facility in Coos Bay, Oregon has completed the front-end engineering and design and pre-construction phases, but if and when the project clears federal regulatory hurdles, it may still face political opposition at the state level. Infrastructure firm Black & Veatch and construction and… Keep reading →
The US Department of Energy announced conditional approval yeserday for 2 billion cubic feet per day of LNG exports from a proposed export project in Lake Charles, Louisiana to countries with which the US does not have a free trade agreement. This marks the third project obtain non-FTA export approval thus far. Proponents of unfettered… Keep reading →
Proponents of a “commercial maturity test” for LNG export projects suggest that it could help to bridge the gap between those who support and those who oppose allowing the market to determine how much natural gas the US will sell abroad. But changing the rules mid-stream could give some project developers an edge, and even… Keep reading →
The window for US exporters to enter the global LNG marketplace will not be open forever, so why is it taking so long to approve these projects? Several high-profile energy experts mulled this and other economic, geopolitical and environmental questions at a recent Columbia University Center on Global Energy Policy gathering. The US Department of… Keep reading →
The ongoing debate about whether the US should permit additional LNG exports to countries with which it does not have a free trade agreement (non-FTA) is far from being just a question of whether we have enough gas to remain well-supplied domestically and export to other countries. The LNG export issue touches upon prospects for… Keep reading →
What happens when federal regulation designed to guard against national shortages of a critical fuel runs headlong into fuel surpluses?
That’s what the US is finding out now with natural gas, and nowhere is the dilemma more clearly on display than the issue of liquefied natural gas (LNG) exports. Keep reading →