Sierra Club seeks to block natural gas terminal

The Sierra Club said recently that it plans to attempt to block a Virginia energy company's plan to export liquefied natural gas through a terminal that it owns in Maryland.

According to The Associated Press, a legal settlement from the 1970s gives the Sierra Club a chance to block any changes made to the natural gas terminal in Cove Point, Maryland. Dominion Resources (NYSE:D) is looking to export 1 billion cubic feet per day, the news source reported.

Michael Brune, executive director of the Sierra Club, said in a statement that the health risks outweigh the potential benefits of the exportation of liquefied natural gas.

"The damage that this project would bring to the Maryland coast as well as the disastrous effects of the fracking boom on communities in states like Pennsylvania make it clear that exporting liquefied natural gas is bad news for Americans' air, water and health," Brune said.

Reuters reports Dominion's CEO said in a quarterly earnings call that the company does not believe the settlement blocks it from exporting the gas.

Information on the political factors behind the LNG market can be found at PennEnergy's Research area.

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