Kinder Morgan Announces Expected Returns from Proposed LNG Pipeline
Posted on Mar 2, 2006 in Markets and Competition, Pipelines, Regas Terminals & Capacity | Comments Off on Kinder Morgan Announces Expected Returns from Proposed LNG Pipeline
Kinder Morgan has announced that it expects Kinder Morgan Energy Partners and its parent company KMI to earn strong returns from the proposed Kinder Morgan Louisiana Pipeline, which will connect to Cheniere’s Sabine Pass LNG terminal. Sabine Pass currently is under construction. An article in yesterday’s Platts LNG Daily features details on the expected earnings per share....
Growing LNG Fleet Faces Shortage of Trained Crews
Posted on Mar 2, 2006 in Safety & Security, Vessel Transportation | Comments Off on Growing LNG Fleet Faces Shortage of Trained Crews
A possible shortage of crews qualified to operate LNG vessels may not bode well for the LNG industry as the fleet is expected to grow nearly 50% in the next two years. “If we don’t have enough trained manpower, accidents will definitely occur,” said Ravi Korivi, LNG consultant for Eurasia Maritime Management. He also said that a lack of adequately trained personnel...
Forum on Sparrows Point LNG Proposal Planned for Next Week
Posted on Mar 2, 2006 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Forum on Sparrows Point LNG Proposal Planned for Next Week
The public is invited to attend a community forum scheduled for Monday on the proposed Sparrows Point LNG terminal. The forum will be held at Dundalk Middle School and attendees will be shown a film produced by opponents of LNG. Today’s Baltimore Sun has further information. [Access to archived articles requires a...
Broadwater LNG Critics to Hold Press Conference Today
Posted on Mar 2, 2006 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Broadwater LNG Critics to Hold Press Conference Today
Legislators from New York and Connecticut are to join environmental activists in expressing opposition against the Broadwater LNG proposal at a news conference today in Washington, D.C. The press release for the event, issued by New York environmental organization Citizens Campaign for the Environment, announces a “new comprehensive report [that] debunks the need for Broadwater...
Massachusetts House Passes LNG Commission Bill
Posted on Mar 1, 2006 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Massachusetts House Passes LNG Commission Bill
A Massachusetts bill to establish a commission on LNG siting now awaits the Governor’s signature after unanimous approval by the House yesterday. The legislation, which was approved last month by the Senate, directs the commission to create by June 30 a final report and recommendations on the state’s need for LNG. Rep. David Sullivan, D-Fall River, tried unsuccessfully to...