Cheniere Energy is asking for government tax credits in its shipments of LNG and it comes days after the Trump administration reached a new tariff agreement with the European Union, a move that will see increased numbers of tankers carrying the fuel overseas.
Here’s what Cheniere Energy wants—-an “alternative fuel” tax credit as its liquefied natural gas tankers are fueld by their cargo, running off the gas boiling from their tanks.
As Climate News reports, it has baffled shipping experts because what Cheniere Energ is going is not an alternative. Cheniere is the same company that owns the Midship pipeline carrying natural gas out of Oklahoma’s Anadarko Basin to plants along the Gulf Coast.
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