TMCnet News
DJ AUSTRALIA PRESS: US Working To Clear Australian LNG(Comtex Finance Via Thomson Dialog NewsEdge)SYDNEY, Jan 08, 2006 (Dow Jones Commodities News via Comtex) --The U.S. government is working to clear the final barriers to the sale of billions of dollars worth of Australian liquefied natural gas to the U.S. by the end of the decade, the Australian newspaper reports Monday. Australian companies such as BHP Billiton (BHP) have been lobbying Washington for three years to win access to the U.S. market but concerns about the safety of LNG have delayed approval for a massive terminal off the California coast that would transfer gas from ships for sale in the U.S. The newspaper quotes U.S. government environment adviser James Connaughton as saying that he hopes to work through concerns raised by the proposed terminal. "We have a dedicated commitment to opening up the opportunity for a lot more LNG to America," he said. Newspaper Web site: http://www.theaustralian.news.com.au -By Sydney bureau; 61-2-8235-2950; [email protected] -Edited by Paul Godby (END) Dow Jones Newswires 01-08-06 1605ET |