Natural Gas News – July 27, 2018

Natural Gas News – July 27, 2018

EU and U.S. Pledge to Boost Natural Gas Trade

Oil Price reported: In a breakthrough in EU-U.S. trade talks, President Trump and European Commission (EC) President Jean-Claude Juncker agreed yesterday in a meeting at the White House to suspend new trade tariffs while negotiating over trade. Both Trump and Juncker pledged to expand European imports of U.S. sourced liquefied natural gas (LNG) and soybeans. They also vowed to lower industrial tariffs, excluding autos. The U.S. and EU will “hold off on other tariffs” while negotiations proceed, as well as re-examine U.S. steel and aluminum tariffs and retaliatory duties imposed by the EU “in due course,” Juncker said in remarks to reporters after the much-heralded meeting. Analysts claim that the pledges have pulled the two major partners from the brink of a possible full-fledged trade-war. For more on this story visit oilprice.com or click https://bit.ly/2LszorT

MDEQ Approves New Natural Gas-Fired Power Plant for St. Clair County

Voices News reported: The Michigan Department of Environmental Quality has approved DTE Energy’s request for a Permit to Install a combined cycle natural gas-fired power plant to be located at 4505 King Road in China Township, the address of the Belle River Power Plant property. The MDEQ made the announcement July 16. The plant will generate about 1,150 MW of electricity per year, sufficient to power a million homes. But it turns out that the plant will be built in East China Township, not China Township. “They’re really building the new plant in East China Township,” said Linda Schweihofer, longtime supervisor of China Township. “It’s East China’s plant. They’re using our address. They don’t know the difference.” John Vial, a permit engineer in the Air Quality Division of the MDEQ, talked to DTE and confirmed the East China Township location. “I’d be happy to take the plant,” said Schweihofer. For more on this story visit voicesnews.com. or click https://bit.ly/2uPw1RJ

 

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