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Report Projects Significant Spending for LNG Terminal Construction

The American Press reports that economic projections indicate construction spending will remain strong in Calcasieu Parish, La., due in part to the anticipated development of several LNG import terminals.  The H.C. Drew Center for Economic Development estimates that construction costs may reach $1.5 billion for the development of three FERC-approved facilities, with an additional $2.4...

Mexico Evaluates Potential Contract for Peruvian Natural Gas

People’s Daily Online reports that Mexico’s Federal Electricity Commission is contemplating a 25-year, 500 MMcf/d natural gas supply contract with Peru LNG for an estimated $25 billion. Peruvian officials plan to discuss the potential deal with Mexican Foreign Minister Luis Derbez during a visit beginning today. 

Lynn City Council Members Tour KeySpan Storage Facility After Intrusion

Lynn City Council members visited KeySpan’s LNG storage facility Tuesday night, nearly two weeks after two intruders entered the premises and scaled a tank. KeySpan officials were on hand to answer questions from the councilors, but were requested to appear at a September 12 City Council meeting to discuss what measures the company has taken to prevent another security lapse. The...

Exxon Seeks Local Contractors for Golden Pass

The Beaumont Enterprise reports that ExxonMobil is working to hire local vendors, suppliers and subcontractors for construction of its Golden Pass LNG terminal in Sabine, Texas. Exxon’s primary contractor, Chicago Bridge & Iron Co., met earlier this week with local contractors and minority businesses. According to the vice president of project development, site work is...

Crown Landing: Timing of FERC Decision Appropriate

In letter dated August 30, 2006, Crown Landing LLC urges FERC to disregard Delaware’s contention that FERC may not grant conditional authorization to site, construct, and operate an LNG terminal “until a state has acted under its CZMA and CAA delegated federal authority.” Conditions contained within FERC’s approval of the Crown Landing terminal “withhold...

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