US LNG Export Bill Clears Hurdle

MarineLink.com
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 May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Myanmar Finds 200 Bangladeshis in Offshore Boat

Myanmar's navy found a boat carrying more than 200 Bangladeshis, the government said on Friday, after the military chief said some migrants landing in Malaysia

Two ASC Kalmar Cranes for DP World Brisbane

Kalmar, part of Cargotec, has received an order from DP World Australia to deliver two new Kalmar automatic stacking cranes (ASCs) for its semi-automated terminal in Brisbane.

DP World Extends Title Sponsorship Until 2020

Dubai is set to remain at the epicenter of golf on The European Tour for the foreseeable future after global port operator DP World announced today that it will

Energy

US Funding for Air Emissions/Alternative Energy Projects

The U.S. Maritime Administration (MARAD) announced that up to $1.3 million in Federal funding is now available through cooperative agreements for projects supporting

US Oil Platform on Fire in Gulf Of Mexico

An oil platform caught fire and was evacuated in the U.S. Gulf of Mexico offshore Louisiana in the early hours of Friday, though no injuries were reported, the U.

SoCal Beach Cleanup Could Take Months

The U.S. Coast Guard captain overseeing cleanup of oil spilled from a pipeline rupture that closed two California state beaches and fouled offshore waters near

LNG

Gail to Sell LNG Supplies from US to Shell?

GAIL (India) Ltd has signed a preliminary deal with Royal Dutch Shell for the potential sale of liquefied natural gas (LNG) supply sourced from its portfolio, made up of US production,

Petronet LNG appoints new chairman

India’s largest importer of the chilled gas Petronet LNG has appointed Kapil Dev Tripathi, Secretary, Ministry of Petroleum and Natural gas as Chairman and Director on the Board of the company.

British Columbia Signs LNG Deal with Petronas

B.C. Premier Christy Clark has announced an agreement in principle with Pacific NorthWest LNG, owned in majority by Malaysia's Petronas, for a liquefied natural

News

DMW Marine Takes the Lead in Military Cranes

DMW Marine Group, LLC. has completed a number of projects for the U.S. Navy and foreign Navies in recent years, claiming a place as a go-to supplier for Navy departments globally.

US Oil Platform on Fire in Gulf Of Mexico

An oil platform caught fire and was evacuated in the U.S. Gulf of Mexico offshore Louisiana in the early hours of Friday, though no injuries were reported, the U.

USCG Tall Ship Sailing to the Bahamas

The U.S. Coast Guard Cutter Eagle is scheduled to arrive at Berth 14 at Prince George Wharf in Nassau, Bahamas on Thursday, May 28 as part of its 2015 cadet summer training deployment.

Government Update

US Funding for Air Emissions/Alternative Energy Projects

The U.S. Maritime Administration (MARAD) announced that up to $1.3 million in Federal funding is now available through cooperative agreements for projects supporting

WCI Applauds Increased USACE Funding

Today WCI applauded the leadership of Senate Appropriations Committee Chairman Thad Cochran (R-MS) and Senate Energy & Water Development (E&WD) Appropriations Subcommittee

SoCal Beach Cleanup Could Take Months

The U.S. Coast Guard captain overseeing cleanup of oil spilled from a pipeline rupture that closed two California state beaches and fouled offshore waters near

Logistics

SoCal Beach Cleanup Could Take Months

The U.S. Coast Guard captain overseeing cleanup of oil spilled from a pipeline rupture that closed two California state beaches and fouled offshore waters near

Myanmar Finds 200 Bangladeshis in Offshore Boat

Myanmar's navy found a boat carrying more than 200 Bangladeshis, the government said on Friday, after the military chief said some migrants landing in Malaysia

Shipping Freight Rates Drop Amidst Overcapacity

Shipping freight rates on the world's busiest route, from Asia to Northern Europe, fell by the largest percentage amount since 2008, reflecting wild volatility

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Pipelines Port Authority Salvage Ship Repair Ship Simulators 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: 0.1467 sec (7 req/sec)