Analyst Says LNG Imports Will Not Decrease North American Gas Prices
Posted on Mar 28, 2006 in Canada & Mexico, Markets and Competition | Comments Off on Analyst Says LNG Imports Will Not Decrease North American Gas Prices
An analyst with the Canadian Institute for Energy Research yesterday said that an increase in imported LNG will not allay price volatility in the North American gas market. Instead, it will benefit exporters seeking to take advantage of the high gas pricesin Canada and the United States. “Natural gas prices are very volatile with no change in sight,” said Frank Henderson....
Vote on AGL Pipeline Bill Delayed
Posted on Mar 27, 2006 in Pipelines, Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Vote on AGL Pipeline Bill Delayed
House Bill 1325, originally scheduled for a vote last Friday in the Georgia Senate, was removed from the calendar Friday and remains off of the calendar today. LNGLawBlog sources have indicated that the legislation stalled on Friday, but committee contacts expect it to come to a vote during one of the last two working days of the regular session. The Atlanta...
Jobs and Environment Discussed at FEIS Meeting for Main Pass Proposal
Posted on Mar 27, 2006 in Environmental, Marine Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Jobs and Environment Discussed at FEIS Meeting for Main Pass Proposal
At the last of three public meetings held Thursday night to discuss the FEIS for the Main Pass Energy Hub LNG terminal that is proposed for offshore Louisiana, members of the chemical plant industry expressed support for the project, saying that the facility would import much-needed natural gas that would help the State retain jobs. “The current trend of U.S. supply shortfall...
Growing LNG Trade Spurs Development of Larger Vessels
Posted on Mar 27, 2006 in Markets and Competition, Vessel Transportation | Comments Off on Growing LNG Trade Spurs Development of Larger Vessels
The prospect of longer voyages and increasing international demand for imported natural gas may translate into larger LNG vessels in the future. According to Oil Daily from March 24, some companies are looking into building tankers that are twice the size of current 138,000 m3 vessels because of anticipated economic savings. “The percentage of savings is not linear with ship...
FERC to Visit Proposed Downeast LNG Location
Posted on Mar 27, 2006 in Federal Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on FERC to Visit Proposed Downeast LNG Location
Saturday’s Bangor Daily News reports that FERC staff members are scheduled tomorrow to visit the proposed site for Downeast LNG’s planned import terminal. Interested parties may also join them, but are asked to reserve comments for a meeting to be held that evening at a local elementary school. [Access to archived articles requires a...