In a divided opinion, the Federal Energy Regulatory Commission has found that it does not have jurisdiction over facilities proposed by Emera CNG, LLC to compress natural gas for export to the Bahamas by ship.
Natural gas is an important fuel used globally for electric power generation, heating, and industry. Throughout most of the U.S., an abundant supply of natural gas means domestic pricing for gas is lower than overseas. This creates a potentially profitable opportunity to export natural gas from the U.S., if regulatory conditions allow.
By
Todd Griset | PretiFlahertyon October 07, 2014 at 4:00 PM
