Somerset Residents to Vote on Reallocating Funds in Weaver’s Cove Battle
Posted on Nov 22, 2006 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Somerset Residents to Vote on Reallocating Funds in Weaver’s Cove Battle
Somerset residents will decide during a town meeting on Monday whether $25,000 appropriated to help fund Fall River’s efforts to oppose the Weaver’s Cove LNG terminal should be reallocated to cover the legal costs of thwarting a pipeline that would transport LNG from the terminal through Somerset. The Providence Journal has the details. [Free registration...
Op-ed: Renewable Energy Sources Preferable to Cabrillo Port Terminal
Posted on Nov 22, 2006 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-ed: Renewable Energy Sources Preferable to Cabrillo Port Terminal
In response to an op-ed by the director of external affairs for BHP Billiton, the California program director for Pacific Environment asserts that 25 million tons of greenhouse gases will be released during the life cycle of the LNG that passes through BHP Billiton’s proposed Cabrillo Port LNG project, from extraction of the natural gas to its ultimate combustion. Californians...
LNG Cargo Owners to Discharge Floating Storage Vessels
Posted on Nov 22, 2006 in Markets and Competition | Comments Off on LNG Cargo Owners to Discharge Floating Storage Vessels
World Gas Intelligence reports that LNG cargo owners may discharge floating storage vessels within the next two months instead of waiting to capitalize on typically higher winter gas prices. According to the publication, cargo owners may be concerned that chartering costs and boil-off losses will outweigh anticipated profits. [Subscription...
Former California State Official Joins NorthernStar Energy
Posted on Nov 22, 2006 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Former California State Official Joins NorthernStar Energy
Former California Energy Commission chairman Joe Desmond has accepted a management position with NorthernStar Energy, which is seeking to develop the Crystal Clearwater Port LNG terminal offshore California. According to the Malibu Surfside News, Desmond had been an important advisor to Gov. Schwarzenegger on offshore LNG terminals. [The story is on page...
Distributor Says Canaport Terminal May Not Serve Canadian Markets
Posted on Nov 22, 2006 in Canada & Mexico, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Distributor Says Canaport Terminal May Not Serve Canadian Markets
Before the Canadian National Energy Board’s hearings on the proposed Brunswick Pipeline closed, a representative of a Canadian natural gas distributor expressed concern that the Canaport LNG terminal may not supply gas to Canadian markets. Canaport project developers responded that a commitment to local markets is contemplated, but not yet finalized. The Associated Press article...