DOE Order Creates Unease For LNG Project Developers

Law360, New York (February 8, 2012, 7:15 PM EST) -- As the U.S. inches closer to becoming a net exporter of liquefied natural gas, the U.S. Department of Energy is claiming an important power that could complicate efforts to get LNG projects off the ground.

In a broadly worded order granting the first of several export applications before it,  the DOE suggested it would reserve the right to alter or even revoke any LNG export authorizations it issues if it determines down the road that they no longer serve the public interest.

Attorneys say the decision has sparked concerns from LNG export project developers and investors looking to sell natural gas...

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