The US Senate Energy and Natural Resources Committee's new chairman raised questions about an independent study the US Department of Energy is using to determine whether applications to export LNG are in the national interest.
The study, conducted for DOE by NERA Economic Consulting, is seriously flawed, US Sen. Ronald A. Wyden (D-Ore.), said in a Jan. 10 letter to US Sec. of Energy Steven Chu. "The shortcomings of the NERA study are numerous and render this study insufficient for the department to use in any export determination," the senator said.
"The NERA study would need to be updated with new [US Energy Information Administration] projections, more realistic market as...