Marine Link
Saturday, October 22, 2016

U.S. Has No Control over Natural Gas Export Destinations

March 5, 2014

Reuters - U.S. Energy Secretary Ernest Moniz said on Wednesday the administration considers geopolitical concerns such as the crisis in Ukraine when reviewing applications for liquefied natural gas exports, but it does not have authority to determine where those exports go.

Some lawmakers have called for the Obama administration to use the nation's natural gas bounty as leverage as it negotiates with Russia over the unrest in Ukraine.

Speaking at IHS CERAWeek energy conference in Houston, Moniz also said the oil industry needs to do a better job making the case in support of lifting the decades old ban on U.S. crude oil exports.

(Reporting by Ayesha Rascoe; Editing by Marguerita Choy)

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News