In Depth: Risk-based Approach to LNG Terminal Access
Posted on May 11, 2007 in "In Depth", Financing, Markets and Competition, Regas Terminals & Capacity, Technology, Vessel Transportation | Comments Off on In Depth: Risk-based Approach to LNG Terminal Access
At the 2007 Offshore Technology Conference in Houston, Det Norske Veritas energy sector leader Pedram Fanailoo presented a paper, jointly written with Steven Sparling of Sutherland Asbill & Brennan LLP, on “The Need to Factor Asset Risk into LNG Terminal Agreement Negotiations.” The paper looks at the complex issue of LNG terminal operability: that is, the ability to...
In Depth: Suez LNG and MARAD Announce Initiative to Put U.S. Mariners on LNG Vessels
Posted on Dec 20, 2006 in "In Depth", Federal Regulation, Safety & Security, Vessel Transportation | Comments Off on In Depth: Suez LNG and MARAD Announce Initiative to Put U.S. Mariners on LNG Vessels
In a joint press conference call today attended by LNGLawBlog, Suez LNG NA LLC (“Suez”) and the U.S. Maritime Administration (“MARAD”) announced a first-of-its-kind initiative to employ U.S.-licensed mariners and to train U.S. mariner cadets on Suez’s fleet of LNG vessels. Joseph McKechnie, Senior Vice President of Suez Shipping, highlighted his...
In Depth: Continuing Coverage from Gastech 2006 Conference in Abu Dhabi
Posted on Dec 6, 2006 in "In Depth", Blog, Markets and Competition, Technology | Comments Off on In Depth: Continuing Coverage from Gastech 2006 Conference in Abu Dhabi
Day 2 Today’s panel discussions at the Gastech 2006 Conference focused on technological advances and investment in the LNG shipping industry. In particular, Sergey Frank, chief executive officer of Sovcomflot, addressed technological advances in arctic LNG vessels; Nicolas Saverys, chief executive officer of Exmar NV, discussed vessels with on-board regasification capabilities....
In Depth: LNG Litigation and State Powers After EPAct 2005
Posted on Nov 21, 2006 in "In Depth", Blog, Federal Regulation, Litigation, Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on In Depth: LNG Litigation and State Powers After EPAct 2005
The Energy Policy Act of 2005 (EPAct 2005) amended the Natural Gas Act of 1938 to streamline the process for approving natural gas projects, including LNG import terminals. The EPAct 2005 expressly provided the Federal Energy Regulatory Commission (FERC) with exclusive authority over applications to site, construct and operate LNG terminals and provided a direct, expedited appeal to...
In Depth: Connecticut Political Opposition to LNG a Battleground in Northeast Energy War
Posted on Oct 31, 2006 in "In Depth", Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on In Depth: Connecticut Political Opposition to LNG a Battleground in Northeast Energy War
With only one week left before the 2006 midterm elections, the proposed Broadwater liquefied natural gas (LNG) terminal has become a political whipping boy for Connecticut Congressional candidates from both sides of the aisle. If approved, the joint venture between Shell and TransCanada – a floating storage regasification unit approximately 1200 feet long – would be built in New York...
In Depth: Dominion Breaks Ground on the Cove Point Expansion Project
Posted on Oct 5, 2006 in "In Depth", Markets and Competition, Regas Terminals & Capacity | Comments Off on In Depth: Dominion Breaks Ground on the Cove Point Expansion Project
Dominion hosted a groundbreaking ceremony on October 5 for the expansion of the Cove Point LNG terminal. The expansion will increase Cove Point’s capacity by 800 MMcf, bringing the terminal’s total capacity to 1.8 Bcf/day. According to the terms of a 20-year agreement, Statoil Natural Gas LLC will hold all of the terminal’s expansion capacity. Dominion and Statoil...