FERC Issues DEIS for Elba III Project
Posted on Mar 30, 2007 in Environmental, Federal Regulation, Pipelines, Regas Terminals & Capacity | Comments Off on FERC Issues DEIS for Elba III Project
FERC today released the draft environmental impact statement for the proposed Elba III Project, which consists of the Elba Terminal Expansion and the Elba Express Pipeline. The staff concluded that the project would have limited adverse environmental impact if certain mitigation measures were followed. The document may be found in the FERC e-Library in Docket No. CP06-470. Public...
AES Continues to Pursue Proposed Sparrows Point Terminal
Posted on Mar 30, 2007 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on AES Continues to Pursue Proposed Sparrows Point Terminal
AES, the developer of the proposed Sparrows Point LNG terminal in Maryland, says that the project will go forward, despite attempts by state legislators to stop it. Read more in yesterday’s edition of Platts LNG Daily. [Subscription...
Suez LNG Enters Charter Deal for Vessels
Posted on Mar 29, 2007 in Regas Terminals & Capacity, Vessel Transportation | Comments Off on Suez LNG Enters Charter Deal for Vessels
Hoegh LNG and Mitsui OSK Lines have finalized an agreement with Suez LNG Trading to charter two shuttle and regasification vessels for the Neptune LNG terminal, which Suez’s subsidiary plans to build in Massachusetts Bay. Read more in Lloyd’s List. [Subscription...
Shell Cancels Plans for Proposed Gulf Landing LNG Terminal
Posted on Mar 29, 2007 in Environmental, Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Shell Cancels Plans for Proposed Gulf Landing LNG Terminal
Shell U.S. Gas and Power yesterday announced that it will not go forward with its proposed Gulf Landing LNG terminal off the Louisiana coast. According to the project director, market conditions have obviated the need for the terminal. Shell will instead continue to seek capacity rights at other import facilities. Reuters provides further details, and The Times-Picayune carries...
Analyst: U.S. Natural Gas Prices May Decrease
Posted on Mar 29, 2007 in Markets and Competition | Comments Off on Analyst: U.S. Natural Gas Prices May Decrease
A Goldman Sachs analyst has predicted that U.S. natural gas prices might drop by an average of 9.1% during the next three months due to an increase in LNG imports. According to Goldman’s head of commodities research, unseasonably warm winters in Europe and Asia have led to cargo diversions to the United States. Bloomberg has the...