Exports? WHAT DOES IT MEAN TO YOU?. Pieridae Energy USA Ltd Filing with DOE.
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Transcript of Exports? WHAT DOES IT MEAN TO YOU?. Pieridae Energy USA Ltd Filing with DOE.
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Exports?
WHAT DOES IT MEAN TO YOU?
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Pieridae Energy USA Ltd Filing with DOE
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PIERIDAE ENERGY (USA) LTD. FE DKT. NO. 14-179-LNG
The Office of Fossil Energy gives notice of receipt of an application filed on October 24, 2014, by Pieridae Energy (USA) Ltd (Pieridae) requesting long-term, multi-contract authority as further described below, to export to Canada up to 292 billion cubic feet (Bcf) per year of natural gas (0.8 Bcf/day) for a term of 20 years beginning on the earliest of the date of first export or seven years from the date requested
authorization is granted. The natural gas would be exported near Baileyville, Maine on the Maritimes & Northeast US Pipeline.
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Pursuant to Section 3 of the Natural Gas Act, Pieridae requests the Department of Energy, Office of Fossil Energy grant permission to export natural gas into Canada for consumption and through Canada, after conversion in Canada into LNG, to (i) any country with which the United States currently has, or in the future may enter into, a free trade agreement requiring national treatment for trade in natural gas and (ii) any country with which the United States does not have a free trade agreement requiring national treatment for trade in natural gas with which trade is not prohibited by US law or policy. Pieridae requests exporting permission for itself, or to act as agent for others.
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Why Canada?NAFTA – NORTH AMERICAN FREE TRADE AGREEMENT
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Elimination of tariffsIs there a fee or duty for exporting gas?
Like natural gas imports, the Canadian-United States FTA eliminated all tariffs and fees on natural gas exports from the United States to Canada. On August 16, 1999, the Mexican government abolished its four percent duty on natural gas imported into Mexico. Based on NAFTA, this duty was scheduled to be phased out by January 1, 2003.
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The North American Free Trade Agreement ‘NAFTA’ is an agreement signed by Canada, Mexico, and the United States, creating a trilateral rules-based trade bloc in North America.
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Transportation infrastructureNAFTA established the CANAMEX Corridor for road transport between Canada and Mexico, also proposed for use by rail,
pipeline, and fiber optic telecommunications infrastructure. This became a High Priority Corridor under the U.S. Intermodal Surface Transportation Efficiency Act of 1991.
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MOTIONS TO INTERVENE
WHO AND WHY
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NH PLAN Motion to Intervene
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Who filed motions to intervene?PIPELINE OPPONENTS
New Hampshire Pipeline Awareness Network (NHPLAN)
Massachusetts Pipeline Awareness Network (MassPLAN)
Dracut Pipeline Awareness Group
Compressor Free Franklin
CONSERVATION GROUPSBerkshire Environmental Action Team, Inc. (BEAT)
Breathe Easy Susquehana PA
Food and Water Watch
Catskill Mountainkeeper
Foundation for a Green Future
350CT
Bolton Conservation Trust
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Who else filed motions to intervene?
INDUSTRYIndustrial Energy Consumers of AmericaChicago Bridge and Iron N.VSaint John Gas Marketing Co.
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INDUSTRIAL ENERGY CONSUMERS OF AMERICA
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INDUSTRIAL ENERGY CONSUMERS OF AMERICA
CONSUME OVER 25% OF ENERGY IN U.S.A.
Non partisan association of leading manufacturing companies
Annual Sales = $1 Trillion
2900 Facilities Nationwide
1.4 Million Employees
IECA ADVOCACY FOR ENERGY SUPPLY
Promotes interests of U.S. manufacturers
Through advocacy and collaboration
Cost of energy impacts U.S. companies’ ability to compete in domestic and world markets
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IECA SECTORS OF INDUSTRY CHEMICAL
PLASTICS
STEEL
IRON ORE
ALUMINUM
PAPER
FOOD PROCESSING
BREWING
BUILDING PRODUCTS
INSULATION
GLASS
CEMENT
INDUSTRIAL GASES
PHARMACEUTICAL
INDEPENDENT OIL REFINING
FERTILIZER
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Why would IECA file a motion to intervene?
“the cost of gas is critical to us”
“From 1999 to 2008, the cost of natural gas has risen 208%”
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Who will pay if gas will be exported?
YOU WILL