LNG 0.00% 4.3¢ liquefied natural gas limited

Re: Another FERC request, page-3

  1. 5,630 Posts.
    lightbulb Created with Sketch. 3077
    The FERC is the federal agency charged with regulating the interstate transmission of electricity, natural gas, and oil, as well as reviewing proposed LNG terminals and licensing hydroelectric projects. That gives it the power to approve controversial pipelines such as Keystone XL and the Dakota Access Pipeline. On Monday, the agency gave its approval for the $4.2 billion Rover Pipeline, which will transfer 3.25 billion cubic feet of natural gas per day from Ohio, West Virginia, and Pennsylvania into Michigan.


    So if this article published in the Texas Monthly on the 9th of Feb is correct ? Then that means that on Monday the 6th of Feb-2017 FERC gave the go ahead on this Multi Billion dollar project, does it not ?

    It then goes onto say,

    Smitherman is a longtime political ally of former Governor Rick Perry, whom President Trump has nominated to lead the Department of Energy. In December, Smitherman wrote an op-ed for the Dallas Morning News praising Perry for championing the 2002 deregulation of Texas’s electricity markets:

    Smitherman left Vinson and Elkins on January 20, the day of Trump’s inauguration, fueling speculation that he was planning to accept a position in the new administration. The most recent FERC chairman, Norman Bay, resigned last week, leaving only two of the five spots on the commission filled. And Trump and Smitherman do seem to see eye to eye on energy issues—like the president, Smitherman has called global warming a “hoax.”

    So i can't help but wonder why the hell they couldn't / didn't give us the NTP as well, as now it seems we're just stuck in Limbo until this Ferc'n mess is resolved one way or the other now !

    Talk about Ferc'n frustrating, not to mention, rubbing salt into our wound !

    Cheers

    Cranky Franky
 
watchlist Created with Sketch. Add LNG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.