Weaver’s Cove Energy To Continue Pursuing LNG Import Project
Posted on Jun 30, 2008 in Environmental, Regas Terminals & Capacity | Comments Off on Weaver’s Cove Energy To Continue Pursuing LNG Import Project
James Grasso, a representative for Weaver’s Cove Energy, told the Providence Journal that the company expects to continue developing the Weaver’s Cove LNG terminal and associated pipeline despite a decision by the U.S. Secretary of Commerce to sustain the Coastal Zone Management Act objections to the project, filed by the Commonwealth of...
Sen. Mikulski “Very Disappointed” in U.S. Commerce Department’s Decision on Sparrows Point LNG
Posted on Jun 30, 2008 in Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Sen. Mikulski “Very Disappointed” in U.S. Commerce Department’s Decision on Sparrows Point LNG
Senator Barbara Mikulski (D-Md.) said in a press statement released last week that she is “very disappointed that Secretary Gutierrez did not uphold the State of Maryland’s decision against construction of an LNG facility at Sparrows Point.” She went on to reiterate her opposition to the...
Cheniere, JPMorgan Enter Domestic Marketing Agreement
Posted on Jun 30, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere, JPMorgan Enter Domestic Marketing Agreement
Late last week Cheniere Energy announced that its subsidiary, Cheniere Marketing, Inc., has entered into a domestic marketing agreement with JPMorgan Ventures Energy Corporation, a JPMorgan Chase & Co. subsidiary. Under the agreement, JPMorgan will purchase LNG delivered to Cheniere at its Sabine Pass LNG terminal and acquire a portion of Cheniere’s storage and regasification...
Weaver’s Cove Energy Granted Extension of Time to Construct LNG Facilities
Posted on Jun 27, 2008 in Federal Regulation, Regas Terminals & Capacity | Comments Off on Weaver’s Cove Energy Granted Extension of Time to Construct LNG Facilities
FERC granted Weaver’s Cove Energy’s request for an extension of time to construct its proposed LNG terminal and associated pipeline in Fall River, Mass. According to the letter granting this request, Weaver’s Cove Energy now has until November 1, 2015, to construct the facilities. The filing is available in the FERC eLibrary under Docket. No....
U.S. Secretary of Commerce Sustains Mass. CZMA Objections to Weaver’s Cove LNG Project
Posted on Jun 27, 2008 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on U.S. Secretary of Commerce Sustains Mass. CZMA Objections to Weaver’s Cove LNG Project
U.S. Secretary of Commerce Carlos Gutierrez sustained the Coastal Zone Management Act (CZMA) objections of the Commonwealth of Massachusetts to the Weaver’s Cove LNG terminal proposal. Gutierrez concluded in the decision that “[a]lthough the [Weaver’s Cove LNG] Project furthers the national interest in a significant and substantial manner, the national interest...