Mass. LNG Transit Bill Aimed at Everett, Too
Posted on Aug 4, 2006 in Policy, Legislation and Politics, Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Mass. LNG Transit Bill Aimed at Everett, Too
The Associated Press interviews Massachusetts House Speaker Salvatore DiMasi (D-Boston) about recently passed LNG legislation, of which LNGLawBlog has obtained a copy. In an apparent reference to the last section of the bill, which mirrors legislation enacted in Rhode Island, DiMasi says he added language seeking to prevent LNG deliveries to Distrigas’ Everett terminal in Boston...
Commerce Dismisses Second Weaver’s Cove CZMA Appeal
Posted on Aug 4, 2006 in Environmental, Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Commerce Dismisses Second Weaver’s Cove CZMA Appeal
The Secretary of Commerce last week rejected a second request for a determination that the Weaver’s Cove LNG terminal is consistent with the Coastal Zone Management Act. The Secretary dismissed Weaver’s Cove’s appeal, explaining that “[t]he plain meaning of the term ‘appeal’ requires a state objection as a necessary predicate for an appeal to the...
Weaver’s Cove Representatives Plan Informational Session
Posted on Aug 3, 2006 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Weaver’s Cove Representatives Plan Informational Session
The Town Council of Jamestown, R.I., will hold an informational session on Aug. 30 for interested parties to hear Weaver’s Cove Energy representatives speak about the LNG terminal proposed for Fall River, Mass. According to The Jamestown Press, Weaver’s Cove contacted the council after noticing “the amount of partial or inaccurate information presented to the...
Surplus in LNG Tanker Capacity Expected to Peak in 2008
Posted on Aug 3, 2006 in Markets and Competition, Vessel Transportation | Comments Off on Surplus in LNG Tanker Capacity Expected to Peak in 2008
Industry analysts say that advance orders for LNG tankers will lead to significant excess capacity. According to a report by Royal Gazette, only 77.4 percent of available tanker capacity will be used in 2008, a usage rate that is 13 percent lower than reported at the beginning of the decade. Analysts also attribute the capacity surplus to greater productivity in the existing fleet. The...
Port of Coos Bay Details MOU With Jordan Cove Energy
Posted on Aug 3, 2006 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Port of Coos Bay Details MOU With Jordan Cove Energy
The World features an interview with Jeff Bishop, executive director of the Oregon International Port of Coos Bay, who explains the port’s role in the development of Jordan Cove LNG terminal. Bishop discusses the memorandum of understanding between the Jordan Cove Energy and the port regarding the purchase of land for the terminal, and highlights the port’s role in...