Contemplated

Indicative of the complexity and breadth of the supply contracts being contemplated for liquefied natural gas (LNG) imports in the United States, a “cartel-like” pricing structure is likely to emerge as definitive deals come together, a New York City-based energy attorney told an energy conference in Santa Fe, NM, last Thursday. He also predicted offshore terminals may be easier to finance and permit in some areas on the East and West Coasts.

Indicative of the complexity and breadth of the supply contracts being contemplated for liquefied natural gas (LNG) imports in the United States, a “cartel-like” pricing structure is likely to emerge as definitive deals come together, a New York City-based energy attorney told an energy conference in Santa Fe, NM, on Thursday. He also predicted offshore terminals may be easier to finance and permit in some areas on the East and West Coasts.

California energy regulators are set to make some long-contemplated gas and electricity changes this week, including unbundling Southern California Gas Co.’s intrastate pipeline and storage system so that shippers will have firm rights to capacity.