Sabine Pass And Long-Term LNG Export Authorization
May 27, 2011, 5:20 PM EDT
Law360, New York (May 27, 2011, 5:20 PM EDT) -- On May 20, 2011, the U.S. Department of Energy’s Office of Fossil Energy (OFE) granted long-term authorization to Sabine Pass Liquefaction LLC, a subsidiary of Cheniere Energy Inc. (FE Docket No. 10-111-LNG, Order No. 2961), to export liquefied natural gas (LNG) from the Sabine Pass LNG Terminal to nations that are not included in Free Trade Agreements (FTAs).
This is the first time the DOE has granted long-term (greater than two years) authority to export as LNG, natural gas that originated in the lower-48 states to...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.