Clarifications Made Regarding AES Ocean Express Plan
Posted on Mar 21, 2006 in Environmental, Regas Terminals & Capacity | Comments Off on Clarifications Made Regarding AES Ocean Express Plan
A news article in The Nassau Guardian today discusses economic, environmental and engineering issues related to the AES Ocean Express LNG project, and seeks to clarify comments made by Aaron Samson, the project manager for the proposed LNG...
Cheniere Official Predicts Increase in U.S. LNG Imports
Posted on Mar 21, 2006 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere Official Predicts Increase in U.S. LNG Imports
Cheniere LNG President Keith Meyer predicts that 16 Bcf/d to 19 Bcf/d of LNG supply will be available to the United States in 2010. “Right now we’re getting a significant global supply response. You’ve got producing countries gearing up to supply LNG.” The Reuters article is carried...
Calif. Gov. Schwarzenegger Hands-Off on Onshore LNG Terminal Siting
Posted on Mar 21, 2006 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Calif. Gov. Schwarzenegger Hands-Off on Onshore LNG Terminal Siting
While acknowledging the growing consumer demand for natural gas in California, Gov. Arnold Schwarzenegger said he will let input from the public and research determine where an onshore LNG terminal, such as the one proposed for Long Beach by SES, should be sited in the state. “I’m not the one that is going to make that decision. I think that in the end we need to see the...
Analyst Predicts “Little Natural Gas” for U.S. Next Winter
Posted on Mar 21, 2006 in Markets and Competition, Storage | Comments Off on Analyst Predicts “Little Natural Gas” for U.S. Next Winter
Francisco Blanch, senior commodities strategist at Merrill Lynch, says that European price premiums will continue to pull LNG cargos from the U.S. market in the coming winter. Blanch also suggests that both markets need to increase storage capacity, saying that “only a higher level of inventories will help to cushion unexpected supply or demand shocks on both sides of the...
Public Hearing Planned for Beacon Port LNG Proposal
Posted on Mar 20, 2006 in Environmental, Marine Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Public Hearing Planned for Beacon Port LNG Proposal
Today’s Galveston Daily News reports that the U.S. Coast Guard and Maritime Administration will hold a public hearing on Wednesday to discuss the environmental concerns stemming from the Beacon Port LNG terminal proposed 50 miles offshore Galveston, Texas. Federal officials specifically will discuss comments regarding the project’s draft environmental impact statement,...