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Proposed Fee on Transfer of LNG Could Limit Use of Texas Terminals

President of the Center for LNG Bill Cooper told Platts Gas Daily [subscription required] that HB 4667, legislation proposed in the Texas House of Representatives that would impose a fee on the transfer of LNG, crude oil, and other petroleum products to
April 29, 2009

President of the Center for LNG Bill Cooper told Platts Gas Daily [subscription required] that HB 4667, legislation proposed in the Texas House of Representatives that would impose a fee on the transfer of LNG, crude oil, and other petroleum products to or from Texas marine terminals, will have a negative effect on LNG terminals in Texas. Cooper said, “It seems counterproductive to support and encourage the siting, construction and operation of LNG facilities and then take action that disadvantages the terminal owners’ and the capacity holders’ ability to bring LNG into those facilities.”

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