NorthernStar Proposes Salmon Recovery Initiative
Posted on Nov 30, 2006 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on NorthernStar Proposes Salmon Recovery Initiative
The Daily Astorian reports on NorthernStar Natural Gas’ proposed measures to mitigate the potential harm that its proposed Bradwood Landing LNG terminal may have on the endangered salmon population in the Columbia River. The proposal includes introducing new technology to prevent entraining marine life during water intake by LNG tankers. According to the newspaper, the proposed...
Market Location of LNG Terminals Impacts Ability to Secure Supply
Posted on Nov 30, 2006 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Market Location of LNG Terminals Impacts Ability to Secure Supply
Platts LNG Daily reports on Monday’s IQPC conference, Commercial Strategies for LNG Supply, where terminal developers told the audience that locating an LNG terminal at a high-price point is critical to securing limited supply. In its detailed discussion of several terminal projects, however, Platts indicates that community opposition could be as important as an attractive...
Critic Says Sparrows Point Terminal Site Is Along Earthquake Fault Line
Posted on Nov 30, 2006 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Critic Says Sparrows Point Terminal Site Is Along Earthquake Fault Line
Citing a 1996 geological survey, a lawyer representing opponents of AES’ Sparrows Point LNG project alleges that the proposed site of the terminal is “unstable” because it is located along an earthquake fault line. However, AES spokesperson Zack Germroth maintains that the company has analyzed the area’s geology and employed “incredibly strict design...
Analyst: U.S. Will Emerge as Top LNG Importer Within a Decade
Posted on Nov 30, 2006 in Markets and Competition | Comments Off on Analyst: U.S. Will Emerge as Top LNG Importer Within a Decade
The United States will surpass Japan as the leading importer of LNG within a decade, according to Kenneth Otto, the vice-president of Houston-based consulting firm Purvin & Gertz. In an article available via LexisNexis, the Dow Jones International News reports that U.S. LNG imports may comprise 24% of global LNG trade by 2015. [Subscription...
Somerset Votes to Fight Pipeline Without Reducing Fall River Contribution
Posted on Nov 29, 2006 in Pipelines, Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Somerset Votes to Fight Pipeline Without Reducing Fall River Contribution
Somerset residents voted to earmark $30,000 from the town’s surplus tax revenue to pay for the legal battle against the pipeline proposal associated with the Weaver’s Cove LNG terminal. According to Somerset Town Administrator John F. McAuliffe, the outcome of Monday’s special meeting will not impact the town’s $25,000 contribution to help Fall River oppose the...