U.S. Venture Energy to Discuss Bear Head LNG Project With Local Officials
Posted on Aug 7, 2006 in Canada & Mexico, Regas Terminals & Capacity, State and Local Issues | Comments Off on U.S. Venture Energy to Discuss Bear Head LNG Project With Local Officials
The Canadian Press reports that Richmond County officials plan to meet with representatives from U.S. Energy Venture by the end of the month to discuss the status of the Bear Head LNG project, which the global equity firm purchased from Anadarko Petroleum last month. According to Richmond County Warden Richie Cotton, the new owner is focusing on building the terminal, and is less...
Op-ed: Proposed Cove Point Pipeline Expansion Threatens Residents
Posted on Aug 7, 2006 in Pipelines, Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Op-ed: Proposed Cove Point Pipeline Expansion Threatens Residents
A Calvert County, Md. resident argues that the expansion of the Cove Point pipeline would endanger residents living along the pipeline route. Her op-ed may be found in yesterday’s edition of The Washington Post. [Free registration...
Op-ed: Battery Rock LNG Project Would Provide Economic Benefits
Posted on Aug 7, 2006 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-ed: Battery Rock LNG Project Would Provide Economic Benefits
The managing director for AES’ Battery Rock LNG proposal challenges The Boston Globe’s claim that industrial development of Outer Brewster Island would threaten the “peerless nature of the island,” noting that the site is currently is marred by “abandoned buildings and trash.” Aaron Samson adds that lease payments from the terminal would provide...
Maritimes and Northeast’s Rating Declines
Posted on Aug 7, 2006 in Markets and Competition, Pipelines | Comments Off on Maritimes and Northeast’s Rating Declines
Moody’s Investors Service has assigned a negative rating outlook for Maritimes and Northeast Pipeline, according to Friday’s Platts LNG Daily. The downgrade from stable to negative is attributed largely to a pipeline expansion agreement that would allow Repsol to secure as much as 88 percent of the pipeline’s capacity for the transport of natural gas from its Canaport...
LNG Terminal Dredging May Help Texas Wetlands
Posted on Aug 7, 2006 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on LNG Terminal Dredging May Help Texas Wetlands
Dredging associated with two LNG terminals planned for Texas may benefit area wetlands, according to an article in today’s Beaumont Enterprise. Permits for the Golden Pass LNG terminal mandate the restoration of wetlands that may be lost at the construction site, a fact which has local officials quite pleased. “It’s going to benefit everybody. We’re just as...