Experts: LNG Imports Will Not Eliminate U.S. Price Volatility
Posted on May 2, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Experts: LNG Imports Will Not Eliminate U.S. Price Volatility
Speakers at the Canadian Enerdata GasFair PowerFair conference in Toronto predict that increased regasification capacity in the Atlantic basin over the next few years will encourage arbitrage, and is unlikely to reduce price volatility in the U.S. natural gas market. Platts LNG Daily provides further coverage. [Subscription...
Cypress Pipeline Online, Additional Capacity Planned
Posted on May 2, 2007 in Markets and Competition, Pipelines, Regas Terminals & Capacity | Comments Off on Cypress Pipeline Online, Additional Capacity Planned
El Paso Corporation’s Cypress Pipeline, connecting the Elba Island LNG terminal in Georgia to consumers in Florida went into operation yesterday as scheduled. Reuters reports that Phase 2 of the project will begin operations in May 2008, adding 116 mmcf/d of capacity, and Phase 3 will be completed in May 2010, adding 164...
NorthernStar Official Developing Relationships with Oregon Community
Posted on May 1, 2007 in Regas Terminals & Capacity, State and Local Issues | Comments Off on NorthernStar Official Developing Relationships with Oregon Community
Pete Hackett, NorthernStar’s community relations liaison for the Bradwood Landing LNG terminal project, is the subject of a feature article in today’s Daily Astorian. The article traces Hackett’s community activities as well as his campaign to provide sound information about LNG to nearby...
NATS: Elba Island LNG Terminal to Increase Output as Cypress Pipeline Begins Operations
Posted on May 1, 2007 in Markets and Competition, Pipelines, Regas Terminals & Capacity | Comments Off on NATS: Elba Island LNG Terminal to Increase Output as Cypress Pipeline Begins Operations
NATS reports that Elba Island LNG terminal’s output will increase today as its connection to the Cypress Pipeline comes online, transporting regasified natural gas to Florida markets . [Subscription...
Maryland Governor Skeptical of the Cost Saving Benefits of Sparrows Point
Posted on May 1, 2007 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Maryland Governor Skeptical of the Cost Saving Benefits of Sparrows Point
As the Maryland Public Service Commission considers a major rate increase, The Maryland Gazette reports that Gov. Martin O’Malley (D) remains skeptical that the proposed Sparrows Point LNG terminal would help keep energy costs down because much of the gas would be transported to Pennsylvania. In order to convince the governor, project sponsor AES says they will have to quantify...