Editorial: Bahamian Government Should Clarify Its Position on AES Proposal
Posted on Aug 2, 2006 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Editorial: Bahamian Government Should Clarify Its Position on AES Proposal
The Nassau Guardian has criticized Bahamian Prime Minister Perry Christie following news of an apparent dispute among cabinet members over the potential approval of AES’ LNG proposal. “[T]he Government should stop vacillating on this issue,” the editorial...
Merrill Lynch Analyst Predicts Global Natural Gas Market
Posted on Aug 1, 2006 in Markets and Competition | Comments Off on Merrill Lynch Analyst Predicts Global Natural Gas Market
U.S. industrial demand for natural gas may diminish as domestic production levels lag in the Gulf Coast and LNG cargoes divert to Europe, according to Steve Hanan, a director at Merrill Lynch Commodities. Speaking at a meeting of the National Association of Regulatory Utility Commissioners in San Francisco on July 30, Hanan also predicted the emergence of a global gas market and urged...
Massachusetts Passes Bill Restricting LNG Transit
Posted on Aug 1, 2006 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on Massachusetts Passes Bill Restricting LNG Transit
Today’s Herald News reports on the status of a Massachusetts bill designed to restrict LNG vessel transit by imposing clearance requirements under bridges and an exclusion zone around the vessel. The bill had been delayed “due to several technical issues that the attorney felt needed changing,” said sponsor Sen. Joan Menard (D-Fall River), but “we decided to...
Golden Pass LNG Awards EPC Contract
Posted on Aug 1, 2006 in Regas Terminals & Capacity | Comments Off on Golden Pass LNG Awards EPC Contract
Chicago Bridge & Iron Co. NV has been awarded an engineering, procurement, and construction contract worth more than $1 billion for Golden Pass LNG LLC’s terminal near Sabine Pass, Texas. In the press release issued today, Qatar Petroleum, ExxonMobil and ConocoPhillips, the three equity holders in the facility, all praised the development as a major step toward increasing...
FERC Reiterates Rejection of WGL’s Claims Regarding Leaks
Posted on Aug 1, 2006 in Federal Regulation, Gas Composition, Pipelines | Comments Off on FERC Reiterates Rejection of WGL’s Claims Regarding Leaks
In an order issued yesterday by FERC in the Dominion Cove Point Pipeline rate case, the Commission refused to revisit the issue of whether LNG from the Cove Point LNG terminal has caused leaks in the Washington Gas Light distribution system. Explaining that the Commission already had decided the matter in its recent order approving the terminal’s expansion, FERC reiterated that...