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HTMLNRECA Joins Shippers in Calling on Congress to Act on Rail Reform
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 25, 2014, previously published on July 22, 2014
The National Rural Electric Cooperative Association (NRECA) is part of a coalition of shippers that renewed a year-long call for Congress to take action to reform the country’s freight rail system. The coalition, which consists of 24 trade organizations, sent a letter to congressional...

 

HTMLAlaska LNG Project Files DOE Export Application
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 25, 2014, previously published on July 22, 2014
On Friday, Alaska LNG Project LLC (Applicants) filed an application with the U.S. Department of Energy (DOE) requesting long-term authorization to export 20 million metric tons per annum of LNG (approximately 929 Bcf/annum) from a proposed liquefaction facility in the Nikiski area of the Kenai...

 

HTMLAustralia’s Woodside Seeks Canadian LNG Export Authority
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 25, 2014, previously published on July 22, 2014
The Financial Post reports that Woodside Energy Holdings Pty Ltd., an affiliate of Australia’s Woodside Petroleum, has filed an application with the Canadian National Energy Board to export 20 million tonnes of LNG per year for 25 years from a proposed terminal at Grassy Point, British...

 

HTMLNumerous Comments filed on Proposed Changes to DOE LNG Export Review Procedures
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 25, 2014, previously published on July 22, 2014
Comments were filed recently by LNG industry players, public officials and private citizens on the U.S. Department of Energy’s (DOE) proposal to change the procedures it employs to review LNG export applications. The comments can be found here -...

 

HTMLConcerns Raised Over EPA Proposal for Upgraded Pollution Controls at Utah Coal Power Plant
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 24, 2014, previously published on July 18, 2014
The U.S. Environmental Protection Agency (EPA) is considering a requirement that Deseret Power Electric Cooperative install upgraded pollution controls at its Bonanza Power Plant in Utah. A group of residents, businesses and community groups have raised concerns that the plant may be shut down if...

 

HTMLWorld Bank to Help Finance World’s First Floating Liquefaction Plant
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 24, 2014, previously published on July 17, 2014
Bloomberg News reports that the International Finance Corp. (IFC), a member of the World Bank Group focused exclusively on the private sector, will help finance a $300 million project to develop the world’s first floating LNG liquefaction plant, which will be located in Colombia. The project...

 

HTMLFERC Issues Schedule For Environmental Review
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 24, 2014, previously published on July 8, 2014
FERC issued a Notice of Schedule for Environmental Review for the Jordan Cove Liquefaction and Pacific Connector Pipeline Projects. The planned schedule set February 27, 2015, as the date for the issuance of notice of availability of the final Environmental Impact Statement (“EIS”) and...

 

HTMLFERC Begins Pre-Filing Environmental Review of Louisiana LNG Energy Terminal
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 24, 2014, previously published on July 21, 2014
FERC has approved Louisiana LNG Energy, LLC’s (LLE) application to initiate the pre-filing environmental review process for LLE’s proposed Mississippi River Liquefied Natural Gas export facility in Plaquemines Parish, La. on the east bank of the Mississippi River. LLE proposes to...

 

HTMLCorpus Christi and EDF Sign 20-Year SPA
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 24, 2014, previously published on July 18, 2014
Cheniere Energy, Inc. announced in a news release that its subsidiary, Corpus Christi Liquefaction, LLC, entered into a liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Électricité de France, S.A. (“EDF”). Under the SPA, EDF...

 

HTMLRequired Summer Reading: Guidance Issued on the Tax Treatment of Guaranteed Minimum Benefit Hedges and Identified Mixed Straddles
Dennis L. Allen, Thomas A. Gick, Jerome B. Libin, Jeffrey H. Mace, Michael R. Miles; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
July 24, 2014, previously published on July 23, 2014
Treasury and the IRS offered two pieces of highly anticipated guidance on July 18 that are particularly relevant to the life insurance industry.

 


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