Australia's largest stock trading and investment forum Australia's #1 stock forum

LNG

0.00%

4.3¢ liquefied natural gas limited

Re: Another FERC request, page-4

First 4 Last

Share
Profile

Follow
ejwalk

2,078 Posts.

104

16/02/17

02:37

Post #: 22652030
Share

Originally posted by FrankMe ↑

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

Expand

Frankly speaking a ntp does not need a quaram search issuance on the ferc site and you will find approval for a pipeline after feb 9 .. but I rather have an investment grade bta instead of an ntp

LNG Price at posting: 83.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

RCE

Recce scores US$2M deal from US Department of Defense for burn wound infections gel

Shekel Brainweigh and Calmer Co lead innovations in the retail space

ARN

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

There are more pages in this discussion • 20 more messages in this thread...

First 4 Last

Add LNG (ASX) to my watchlist

Re: Another FERC request, page-4

Top Stories

Recce scores US$2M deal from US Department of Defense for burn wound infections gel

Shekel Brainweigh and Calmer Co lead innovations in the retail space

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Featured News