Royal Dutch Shell plc will decide within the next 18 to 24 months whether to build an ethane cracker in Beaver County, PA, according to a company executive.
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Shell Exec: Decision on Pennsylvania Cracker 18-24 Months Away
Royal Dutch Shell plc will decide within the next 18 to 24 months whether to build an ethane cracker in Beaver County, PA, according to a company executive.
Researcher: Allowing LNG Export ‘Right Policy Call’
U.S. regulators should approve applications to export liquefied domestic natural gas, but they should let markets decide whether and to what extent exports happen, a Council on Foreign Relations researcher asserts in an upcoming paper. Exports will have drawbacks, but these can be mitigated and will be outweighed by benefits of export, council Senior Fellow Michael Levi told reporters last Wednesday.
Researcher: Allowing LNG Export ‘Right Policy Call’
U.S. regulators should approve applications to export liquefied domestic natural gas, but they should let markets decide whether and to what extent exports happen, a Council on Foreign Relations researcher asserts in an upcoming paper. Exports will have drawbacks, but these can be mitigated and will be outweighed by benefits of export, council Senior Fellow Michael Levi told reporters Wednesday.
Industry Briefs
The Pennsylvania Department of Environmental Protection (DEP) has launched a natural gas vehicle (NGV) website to help public- and private-sector fleet operators decide if they want to convert part or all of their operations to NGVs. The website offers information on both compressed natural gas (CNG) and liquefied natural gas (LNG) options. Inspired by the state’s booming shale gas play, Pennsylvania’s new state law (Act 13) passed earlier this year (see Shale Daily, May 11) authorized DEP to establish the Natural Gas Energy Development Program to distribute $20 million in grants during a three-year period to help pay for the purchase and conversion costs of NGVs. The website (www.dep.state.pa.us) section on the “Natural Gas Vehicle Grant Program” offers more details on the grants as well as information on NGV conversions and fueling.
Pennsylvania Cracker Tax Break Deal Could Total $1.675B
Pennsylvania Gov. Tom Corbett is reportedly seeking up to $1.675 billion in tax credits over the next 25 years for Royal Dutch Shell plc and other companies willing to locate an ethane cracker in the state.
Cabot, Range: Court Case Impact on Leases Should Be Minimal
Two companies operating in the Marcellus Shale announced this week that they do not believe a recent ruling by the Pennsylvania Supreme Court will have an impact on their substantial leaseholds in that state’s portion of the play.
Three States in Finals For Shell Ethylene Cracker
Royal Dutch Shell said it expects to decide by the end of the year where it will build a “world-scale” ethylene cracker in the Marcellus Shale region, and it said the three states where it is considering construction of the facility are Ohio, Pennsylvania and West Virginia.
Shell: Ohio, Pennsylvania, West Virginia Are Cracker Finalists
Royal Dutch Shell said it expects to decide by the end of the year where it will build a “world-scale” ethylene cracker in the Marcellus Shale region, and it said the three states where it is considering construction of the facility are Ohio, Pennsylvania and West Virginia.
Policymakers Weigh Marcellus Commission Recommendations
The Marcellus Shale Advisory Commission (MSAC) released its final report on Friday and now Pennsylvania policymakers in the executive and legislative branches must decide which recommendations to keep, which to change and which to toss.