Bridging

Whatever global climate policies are put into place, natural gas for years to come will play a “bridging role” in meeting the world’s sustainable energy needs, the International Energy Agency (IEA) said Tuesday.

Citing the critical role that imported liquefied natural gas (LNG) will play in bridging the gap between domestic natural gas supply and demand over the next two decades, major LNG developers called on FERC Friday to exempt import terminals from the agency’s open-access and open-season regulations to encourage an influx of foreign LNG supplies into the United States. Without a more favorable regulatory regime, they warned overseas suppliers will go to the “place of least resistance” — Japan and western Europe, for example.

Citing the critical role that imported liquefied natural gas (LNG) will play in bridging the gap between domestic natural gas supply and demand over the next two decades, major LNG developers called on FERC Friday to exempt import terminals from the agency’s open-access and open-season regulations to encourage an influx of foreign LNG supplies into the United States.