U.S. Coast Guard Proposes Security Zones Near Freeport LNG
Posted on Apr 30, 2009 in Marine Regulation, Regas Terminals & Capacity, Safety & Security | Comments Off on U.S. Coast Guard Proposes Security Zones Near Freeport LNG
The U.S. Coast Guard filed in today’s Federal Register two notices of proposed rulemaking. The first rulemaking would establish a permanent security zone in the Freeport LNG Basin to restrict marine traffic near the Freeport LNG terminal. The second rulemaking would establish moving security zones for certain vessels, including LNG vessels, bound for the Port of...
Proposed Fee on Transfer of LNG Could Limit Use of Texas Terminals
Posted on Apr 30, 2009 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Proposed Fee on Transfer of LNG Could Limit Use of Texas Terminals
President of the Center for LNG Bill Cooper told Platts Gas Daily [subscription required] that HB 4667, legislation proposed in the Texas House of Representatives that would impose a fee on the transfer of LNG, crude oil, and other petroleum products to or from Texas marine terminals, will have a negative effect on LNG terminals in Texas. Cooper said, “It seems counterproductive...
Op-Ed: Pacific Northwest Needs Access to Greater Natural Gas Supplies, Including LNG
Posted on Apr 30, 2009 in Markets and Competition, State and Local Issues | Comments Off on Op-Ed: Pacific Northwest Needs Access to Greater Natural Gas Supplies, Including LNG
West Linn Tidings published an op-ed today by Ed Finklea, Executive Director of Energy Action Northwest, arguing that the number of natural gas customers in Oregon and Washington is expected to increase dramatically over the next twenty years. Finklea notes that, without LNG terminals on the Pacific coast, new gas supplies to meet demand would have to come from the Rocky Mountains and...
Kitimat LNG Export Project Could Yield Hundreds of Millions in Profits for First Nations
Posted on Apr 30, 2009 in Canada & Mexico, Liquefaction | Comments Off on Kitimat LNG Export Project Could Yield Hundreds of Millions in Profits for First Nations
A report carried today by the Vancouver Sun provides further details on an agreement among a number of Canadian First Nations, the British Columbian government, and the developers of a pipeline associated with the Kitimat LNG export project. The Sun reports that the First Nations could receive up to $1 billion in profits, tax revenue, and economic development opportunities over the...
Fall River’s Spending to Oppose Weaver’s Cove LNG Project Tops $2 Million
Posted on Apr 30, 2009 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Fall River’s Spending to Oppose Weaver’s Cove LNG Project Tops $2 Million
The City Council of Fall River, Mass., appropriated $210K in additional funds to oppose the Weaver’s Cove LNG import project at a public meeting Tuesday evening, bringing the town’s total related expenditures to over $2 million. The Fall River Herald News reports that at least one council member expressed concern that the town may be paying a disproportionate amount of the...