Offshore LNG Import Terminals May Allay Concerns of Local Residents
Posted on Oct 24, 2007 in Environmental, Markets and Competition, Regas Terminals & Capacity, Safety & Security | Comments Off on Offshore LNG Import Terminals May Allay Concerns of Local Residents
Reuters offers an analysis of the relative benefits of building LNG import infrastructure offshore compared with onshore facilities. The piece cites Excelerate Energy chief executive Rob Bryngelson who said that an offshore LNG facility “doesn’t tie up coastal land, you put infrastructure away from people, and you take a security risk out of ports and away from...
Gazprom May Supply Rabaska LNG Project
Posted on Oct 24, 2007 in Canada & Mexico, Liquefaction, Regas Terminals & Capacity | Comments Off on Gazprom May Supply Rabaska LNG Project
Citing a Rabaska LNG project manager, Martin Imbleau, Reuters reports that Gazprom may join the project as an LNG supplier once investment levels are finalized for the Shtokman and Baltic LNG projects. Imbleau also suggested that Canadian destinations could be more attractive than American terminals for Gazprom because Canadian ports are closer to Russian liquefaction...
FERC: Sparrows Point LNG Might Need New Pipeline Route
Posted on Oct 24, 2007 in Federal Regulation, Pipelines, Regas Terminals & Capacity, State and Local Issues | Comments Off on FERC: Sparrows Point LNG Might Need New Pipeline Route
In a letter to Sparrows Point LNG, FERC advised that because the company’s current pipeline route runs within the rights-of-way for U.S. Interstate 695 for a stretch of several miles, the state rather than the Federal government has authority to determine whether to allow pipeline construction. Maryland has a general ban on utility lines running alongside highways, due to the...
NATS: U.S. Gas Prices Lag as LNG Cargos Find European Destinations
Posted on Oct 23, 2007 in Markets and Competition | Comments Off on NATS: U.S. Gas Prices Lag as LNG Cargos Find European Destinations
NATS LNG Week in Review reports that as gas prices in the United States continue to lag behind European prices, LNG spot cargos are trending more and more toward European destinations. NATS suggests that one possible reason for the large price differential is that European gas prices are closely linked to oil prices due to the long term contract positions held by Gazprom. As oil prices...
FERC Authorizes Transfer of Sabine Pass Pipeline
Posted on Oct 23, 2007 in Federal Regulation, Pipelines, Regas Terminals & Capacity | Comments Off on FERC Authorizes Transfer of Sabine Pass Pipeline
Late last week FERC granted a request by Cheniere Sabine Pass Pipeline, L.P., to abandon the 16-mile, 42-inch diameter pipeline connects to Cheniere’s Sabine Pass LNG import terminal, which is currently under construction. Simultaneously, FERC authorized Cheniere Creole Trail Pipeline, L.P., to acquire the abandoned pipeline facilities. The Order is available on the FERC eLibrary...