81 FR 41967 - Pieridae Energy (USA), Ltd.; Pieridae Energy (US) Ltd. Statement Regarding Change in Control

DEPARTMENT OF ENERGY

Federal Register Volume 81, Issue 124 (June 28, 2016)

Page Range41967-41968
FR Document2016-15319

The Office of Fossil Energy (FE) of the Department of Energy (DOE) gives notice of receipt of a notice and statement regarding change in control, filed December 18, 2015 (Statement),\1\ by Pieridae Energy (US) Ltd. (Pieridae US). The Statement is intended to inform DOE/FE about a change in control of the upstream ownership of Pieridae US and to amend its application for authority to export liquefied natural gas in this proceeding. The Statement was filed under section 3 of the Natural Gas Act (NGA), 15 U.S.C. 717b. ---------------------------------------------------------------------------

Federal Register, Volume 81 Issue 124 (Tuesday, June 28, 2016)
[Federal Register Volume 81, Number 124 (Tuesday, June 28, 2016)]
[Notices]
[Pages 41967-41968]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-15319]


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DEPARTMENT OF ENERGY

[FE Docket No. 14-179-LNG]


Pieridae Energy (USA), Ltd.; Pieridae Energy (US) Ltd. Statement 
Regarding Change in Control

AGENCY: Office of Fossil Energy, DOE.

ACTION: Notice of change in control.

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SUMMARY: The Office of Fossil Energy (FE) of the Department of Energy 
(DOE) gives notice of receipt of a notice and statement regarding 
change in control, filed December 18, 2015 (Statement),\1\ by Pieridae 
Energy (US) Ltd. (Pieridae US). The Statement is intended to inform 
DOE/FE about a change in control of the upstream ownership of Pieridae 
US and to amend its application for authority to export liquefied 
natural gas in this proceeding. The Statement was filed under section 3 
of the Natural Gas Act (NGA), 15 U.S.C. 717b.
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    \1\ Pieridae Energy (US) Ltd., Notice and Statement of Change in 
Control and Amendment to Application, FE Docket No. 14-179-LNG (Dec. 
18, 2016).

DATES: Protests, motions to intervene or notices of intervention, as 
applicable, and written comments are to be filed using procedures 
detailed in the Public Comment Procedures section of this Notice no 
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later than 4:30 p.m., Eastern time, July 13, 2016.

ADDRESSES: 
    Electronic Filing by email: [email protected].
    Regular Mail: U.S. Department of Energy (FE-34), Office of 
Regulation and International Engagement, Office of Fossil Energy, P.O. 
Box 44375, Washington, DC 20026-4375.
    Hand Delivery or Private Delivery Services (e.g., FedEx, UPS, 
etc.): U.S. Department of Energy (FE-34), Office of Regulation and 
International Engagement, Office of Fossil Energy, Forrestal Building, 
Room 3E-042, 1000 Independence Avenue SW., Washington, DC 20585.

FOR FURTHER INFORMATION CONTACT: 
Larine Moore or Benjamin Nussdorf, U.S. Department of Energy (FE-34), 
Office of Regulation and International Engagement, Office of Fossil 
Energy, Forrestal Building, Room 3E-042, 1000 Independence Avenue SW., 
Washington, DC 20585, (202) 586-9478; (202) 586-7893.
Edward Myers, U.S. Department of Energy (GC-76), Office of the 
Assistant General Counsel for Electricity and Fossil Energy, Forrestal 
Building, 1000 Independence Avenue SW., Washington, DC 20585, (202) 
586-3397.

SUPPLEMENTARY INFORMATION: 

Summary of Change in Control

    As noted above, the Statement is intended to inform DOE/FE about a 
change in control of the upstream ownership of Pieirdae US and to amend 
its pending LNG export application. According to the Statement, 
Pieridae US has been and remains wholly-owned by Pieridae Energy 
Limited (Pieridae) and CEX Atlantic Holdings Ltd. (CEX Atlantic) owns 
1,669,411 shares of Pieridae, representing approximately 10.77% of all 
of the shares of Pieridae then issued and outstanding. Pieridae US 
further states that CEX Atlantic is controlled, directly or indirectly, 
by Kicking Horse Energy Inc. According to the Statement, on December 1, 
2015, ORLEN Upstream Canada Ltd. (Orlen Upstream) acquired all of the 
issued and outstanding shares of Kicking Horse Energy Inc., thereby 
acquiring indirect ownership of the 1,669,411 shares of Pieridae held 
by CEX Atlantic. Pieridae US states that ORLEN Upstream Canada is a 
Canadian corporation, which is wholly-owned by PKN ORLEN S.A. a 
corporation whose shares are listed on the Warsaw Stock Exchange.\2\ 
Additional details can be found in the Statement, posted on the DOE/FE 
Web site at http://energy.gov/sites/prod/files/2015/12/f27/CIC%20and%20Amend.pdf.
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    \2\ Pieridae US is advised that its described change in control 
may also require the approval of the Committee on Foreign Investment 
in the United States (CFIUS). DOE expresses no opinion regarding the 
need for review by CFIUS. Further information may be obtained at: 
http://www.treasury.gov/resource-center/international/Pages/Committee-on-Foreign-Investment-in-US.aspx.
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DOE/FE Evaluation

    DOE/FE will review the Statement in accordance with its Procedures 
for Changes in Control Affecting Applications and Authorizations to

[[Page 41968]]

Import or Export Natural Gas (CIC Revised Procedures).\3\ Consistent 
with the CIC Revised Procedures, this Notice addresses only the 
Pieridae proceeding in which final authorizations have been issued to 
export LNG to non-FTA countries. The affected proceeding is DOE/FE 
Docket No. 14-179-LNG. If no interested person protests the change in 
control and DOE takes no action on its own motion, the change in 
control will be deemed granted 30 days after publication in the Federal 
Register. If one or more protests are submitted, DOE will review any 
motions to intervene, protests, and answers, and will issue a 
determination as to whether the proposed change in control has been 
demonstrated to render the underlying authorization inconsistent with 
the public interest.
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    \3\ 79 FR 65541 (Nov. 5, 2014).
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Public Comment Procedures

    Interested persons will be provided 15 days from the date of 
publication of this Notice in the Federal Register in order to move to 
intervene, protest, and answer the Statement. Protests, motions to 
intervene, notices of intervention, and written comments are invited in 
response to this Notice only as to the proposed change in control 
described in the Statement.\4\ All protests, comments, motions to 
intervene, or notices of intervention must meet the requirements 
specified by DOE's regulations in 10 CFR part 590.
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    \4\ Intervention, if granted, would constitute intervention only 
in the change in control portion of these proceedings, as described 
herein.
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    Filings may be submitted using one of the following methods: (1) 
Preferred method: emailing the filing to [email protected], with the 
individual FE Docket Number(s) in the title line, or Pieridae Change in 
Control in the title line to include all applicable dockets in this 
Notice; (2) mailing an original and three paper copies of the filing to 
the Office of Regulation and International Engagement at the address 
listed in ADDRESSES; or (3) hand delivering an original and three paper 
copies of the filing to the Office of Regulation and International 
Engagement at the address listed in ADDRESSES. All filings must include 
a reference to the individual FE Docket Number(s) in the title line, or 
Pieridae Change in Control in the title line to include all applicable 
dockets in this Notice. PLEASE NOTE: If submitting a filing via email, 
please include all related documents and attachments (e.g., exhibits) 
in the original email correspondence. Please do not include any active 
hyperlinks or password protection in any of the documents or 
attachments related to the filing. All electronic filings submitted to 
DOE must follow these guidelines to ensure that all documents are filed 
in a timely manner. Any hardcopy filing submitted greater in length 
than 50 pages must also include, at the time of the filing, a digital 
copy on disk of the entire submission.
    The Statement and any filed protests, motions to intervene or 
notice of interventions, and comments are available for inspection and 
copying in the Office of Regulation and International Engagement docket 
room, Room 3E-042, 1000 Independence Avenue SW., Washington, DC 20585. 
The docket room is open between the hours of 8:00 a.m. and 4:30 p.m., 
Monday through Friday, except Federal holidays. These documents are 
also available electronically by going to the following DOE/FE Web 
address: http://www.fe.doe.gov/programs/gasregulation/index.html.

    Issued in Washington, DC, on June 21, 2016.
John A. Anderson,
Director, Office of Regulation and International Engagement, Office of 
Oil and Natural Gas.
[FR Doc. 2016-15319 Filed 6-27-16; 8:45 am]
 BILLING CODE 6450-01-P


Current View
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice of change in control.
DatesProtests, motions to intervene or notices of intervention, as applicable, and written comments are to be filed using procedures detailed in the Public Comment Procedures section of this Notice no
ContactLarine Moore or Benjamin Nussdorf, U.S. Department of Energy (FE-34), Office of Regulation and International Engagement, Office of Fossil Energy, Forrestal Building, Room 3E-042, 1000 Independence Avenue SW., Washington, DC 20585, (202) 586-9478; (202) 586-7893. Edward Myers, U.S. Department of Energy (GC-76), Office of the Assistant General Counsel for Electricity and Fossil Energy, Forrestal Building, 1000 Independence Avenue SW., Washington, DC 20585, (202) 586-3397.
FR Citation81 FR 41967 

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