US LNG Export Bill Clears Hurdle
Wednesday, April 09, 2014

A U.S. House subcommittee voted on Wednesday to advance a bill that would eliminate the need for government approval of U.S. liquefied natural gas (LNG) exports to countries that belong to the World Trade Organization.

The legislation, which will be considered by the full House energy committee, would essentially end the Energy Department's review of LNG export applications by giving companies permission to sell gas to any of the more than 159 countries that belong to the WTO.

The bill passed by a vote of 15 to 11, along party lines in the Republican-led chamber.

Concerns about energy security in Europe and Ukraine have escalated since Russian forces seized control of the Crimean peninsula last month. Moscow has in years past cut gas supplies during regional disputes.

Backers of the bill said speeding up the review process would help lessen Russia's influence in the region by providing another source of gas for global markets.

"Opposing this legislation is like hanging up on a 911 call from our friends and allies," said Colorado Republican Cory Gardner, who introduced the bill.

The bill will likely pass the House, but will face a tough battle in the Senate, where Democrats hold the majority.

Democrats on the subcommittee voted against the bill, saying it was unlikely to provide any immediate assistance to Europe or Ukraine since significant U.S. LNG export capacity will not be in operation until 2017 at the earliest and most of the U.S. gas would be headed for Asia.

Henry Waxman, the top Democrat on the House energy committee, raised concerns that the legislation was too broad.

Opponents of unfettered U.S. gas exports have argued that shipping too much could cause fuel prices to rise in the United States, hampering economic growth.

"We want to ensure that American consumers and manufacturers are not harmed by unlimited LNG exports," Waxman said.

Currently, gas exports to all but a handful of countries with free trade agreements with the United States require an export license from the Energy Department.

The review of whether each export application is in the national interest allows regulators to consider the economic ramifications of these projects, supporters of the permitting process argue.

The department has issued seven such approvals, but with about two dozen applications still in the queue, critics have complained the department is not moving fast enough.

The House bill would not affect the Federal Energy Regulatory Commission's review of the safety and environmental impact of LNG export facilities.

Companies would still need permission from FERC before they could begin construction of a LNG project.

(Reporting by Ayesha Rascoe; Editing by Jeffrey Benkoe, Bernard Orr)

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


TOTE’s 2nd LNG Containership Launched

Shipping company TOTE and shipbuilder NASSCO on Saturday launched Perla del Caribe, the second of two Marlin Class ships – the first containerships in the world to be powered by natural gas.

HHI Orders Regasification Systems from Wärtsilä

South Korean shipyard Hyundai Heavy Industries (HHI) has ordered two seawater/propane based regasification modules from Wärtsilä. The systems are to be installed

Hitachi Gas Supply System Order for MHI

Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Hitachi Zosen Corporation for a high-pressure gas supply system enabling use of natural gas as fuel in marine engines.


Historic WW I Shipwreck Survey Underway

Partnering U.S. agencies have commenced surveying the historic shipwreck of an American lightship shelled and sunk by a German U-boat during World War I nearly 100 years ago.

Bollinger VP Fanguy Snags SNAME Award

Louisiana-based shipbuilder Bollinger Shipyards, LLC announced its vice president for quality management system, Dennis Fanguy, will receive the 2015 William M.

Deal Reached to End MyFerryLink Dispute

A deal was reached on Monday to save hundreds of ferry jobs at the northern French port of Calais, the French transport minister said, ending a dispute that has

Government Update

Greek Coastguard Rescues 2,500 over Three Days

Greece's coastguard has rescued about 2,500 migrants and refugees off the country's eastern islands over the past three days, authorities said on Monday, as the

Ships' lifting Apparatus at Abu Dhabi Ports

Abu Dhabi Ports have informed that they reserves the right to refuse the use of ships' lifting apparatus without valid certification and / or if the apparatus

Australian Defence Unveils Indigenous Artwork

Defence today unveiled an Indigenous painting at its Science and Technology headquarters in Canberra as a mark of respect for cultural diversity within the organisation.


Alaska Marine Lines Reduces Fuel Surcharge

Alaska Marine Lines, a marine transportation company providing barge service to and from Alaska and Hawaii, informs it has filed with the U.S. Surface Transportation

Georgia Hooks Trident Seafoods

Trident Seafoods has opened a $40 million production and distribution center in Carrollton, Ga., providing 175 full-time jobs and the capacity to produce 50,000

Intermarine Opens Office in Ecuador

Intermarine, LLC, a transporter of project, breakbulk and heavylift cargo, announced it has opened an office in Quito, Ecuador.   The new office will operate

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Pod Propulsion Port Authority Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.7491 sec (1 req/sec)