U.S. LNG Terminals: A More Friendly Regulatory Environment
Article from: OGEL 1 (2006), in Liquefied Natural Gas (LNG)
It has been said that "a lie gets halfway around the world before the truth has a chance to get its pants on." It seems that misconceptions travel equally as fast. One misconception that appears to have spread throughout the LNG world is that the International Maritime Organization's Hazardous and Noxious Substances Convention (the Convention) will never be of particular significance to the LNG industry. On the contrary, the truth is that the Convention, an international treaty providing more than US$350 million in compensation to victims of a casualty involving hazardous ...