Sabine Pass LNG to become export terminal
The US Department of Energy has issued a conditional authorisation approving an application to export 803 billion ft3/ yr of LNG from the Sabine Pass LNG Terminal in Louisiana.
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The US Department of Energy has issued a conditional authorisation approving an application to export 803 billion ft3/ yr of LNG from the Sabine Pass LNG Terminal in Louisiana.
Shell is planning to build the world’s largest offshore floating facility. The FLNG facility will be sited 200 km offshore Australia.
API CEo Jack Gerard addressed an LA audience on the central role of the energy industry in the economy of California and the US as a whole.
The institute sees the vote result as a step in the right direction, away from heavy oil and gas taxation and towards further development of US domestic reserves.
Nacap sold to Habau; business efforts to be combined.
The President’s plan includes increased development in the Gulf of Mexico and Alaska, as API recognises the strategy as progressive, but with significant limitations.
API believes that the new study understates the potential damage that would be caused should taxes on the US oil and gas industry be raised.
API president and CEO said the plans would damage the American economy and energy security.
The program for the annual event held in Denver, Colorado on May 24 – 27 is released.
API’s senior tax advisor warns that higher taxes will not help to lower prices, and could damage the US economy.
American Petroleum Institute president comments on efforts to develop US oil and natural gas resources.
API president believes the study’s finding are especially relevant given the current debate on energy taxes and access to domestic reserves.