Joseph Fagan was quoted in an article, "LNG projects could face new scrutiny if US invokes 'protect the public' clause," published in S&P Global Market Intelligence. The article discusses whether language in LNG export authorizations that allows the U.S. Department of Energy to reconsider the approvals if it decides later to "protect the public" will again raise concerns as developers weigh what the new administration intends for LNG exports. Fagan told S&P Global Market Intelligence that the Energy Department is likely to "stay the course on LNG exports." That is due in part to cabinet members and nominees who are presumably supportive of "fossil fuel interests," like former Exxon Mobil Corp. CEO Rex Tillerson, who has been sworn in as Secretary of State, and former Texas Gov. Rick Perry, who, if confirmed by the Senate, would head the agency. "Given the regulatory and financial hurdles in getting LNG export projects off the ground, as well as the current glut of global LNG supply, I don't see a scenario over the next three to five years in which the U.S. is exporting too much domestic gas," Fagan said. "Assuming that's the case, I would not expect that DOE would exercise its rescission authority any time soon — especially as it would relate to authorizations that it previously granted."
Day Pitney Press Release
Day Pitney is sponsoring the upcoming New England Energy Conference and Exposition (NEECE), which is being held in Providence on June 7-8.
Day Pitney Energy and Utilities Partners Sebastian M. Lombardi (Hartford) and Evan C. Reese III (Washington, DC) have been named to the inaugural 2023 Lawdragon 500 Leading US Energy Lawyers list. For more information on the methodology, click here.
Day Pitney Press Release
Day Pitney Energy Partner Sebastian M. Lombardi's election by the Connecticut Bar Foundation's board of directors to the James W. Cooper Fellows Program was featured in the Law360 Pulse article, "Conn. Bar Foundation Elects 22 Attys As Fellows."
Day Pitney Energy and Utilities Partner Joseph Fagan was appointed to the Board of Directors of the Northeast Energy and Commerce Association.
Day Pitney Press Release
Day Pitney Attorneys Joseph H. Fagan, Harold M. Blinderman, Margaret Czepiel and Samantha Regan authored the article, "FERC Issues Two Policy Statements Impacting Natural Gas Infrastructure Projects," for Pratt's Energy Law Report.
Day Pitney Press Release
Day Pitney Energy Attorneys Eric Runge, Evan C. Reese, III, and Margaret Czepiel authored the article, "How FERC Proposal Will Guide Clean Grid Development," for Law360.