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Oil and gas news briefs February 10, 2012

For more information and updates, please visit our website: Arcticgas.gov.
  • The former head of ExxonMobil says the unknowns of future shale gas production will hinder development of U.S. LNG export plants.
  • Pennsylvania has adopted a new fee — not a production tax — on gas wells, and new rules that limit municipalities’ ability to regulate drilling sites.
  • The Sierra Club filed an objection to the proposed LNG export terminal in Maryland, and says it will oppose all U.S. export plants.
  • South Korea signs a deal to buy more LNG from Qatar.
  • A Japanese utility signs up to buy LNG from BP.
  • And several more news items of interest.
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