Congress Provides Opportunity to Bring More Natural Gas
EnerSea Transport L.L.C., innovators of a new compressed natural gas (CNG) transport technology, applauded House Members for today's passage of H.R. 3983, the 'Maritime Transportation Antiterrorism Act of 2002.' The bill will expand the existing 'Deepwater Ports Act' to create a regulatory infrastructure for the transport and delivery of natural gas to offshore offloading terminals in the United States."In addition to reducing port vulnerability and protecting coastal communities, it is equally important to improve upon our energy security by increasing access to sources of clean burning natural gas in the Western Hemisphere and meet our growing demand for energy," said Paul Britton, EnerSea's Managing Director. "This bill provides a mechanism to develop and bring to US consumers natural gas that currently is stranded. Up to 80 percent of the natural gas fields worldwide have yet to be developed -- potentially a tremendous resource."
Traditionally, energy experts have planned on development of the deepwater Gulf of Mexico, unconventional onshore gas resources, gas from Alaska's North Slope and imported liquefied natural gas (LNG) to help meet growing demand for natural gas.