FERC Order Allows Tying of Capacity at Open Access Terminals to Release of Related Pipeline Capacity
Posted on Nov 21, 2008 in Federal Regulation, Markets and Competition, Regas Terminals & Capacity | Comments Off on FERC Order Allows Tying of Capacity at Open Access Terminals to Release of Related Pipeline Capacity
FERC yesterday issued an order on rehearing regarding its final rule governing the release of firm capacity by shippers using interstate natural gas pipelines and open access LNG terminals. The Commission generally reaffirmed its decision to remove the maximum rate cap on short-term capacity releases and exempt certain releases from bidding. The order also clarified that capacity...
Power Generators Offer Differing Views on Gas Interchangeability Issues
Posted on Nov 20, 2008 in Gas Composition, Regas Terminals & Capacity | Comments Off on Power Generators Offer Differing Views on Gas Interchangeability Issues
Speaking at the Platts Gas Interchangeability and Quality Conference in Washington, DC, several electric generators offered their views on the impacts of variable supplies, including imported LNG, on their facilities. Kaye Emmons of Energia Azteca X and Michael Gallagher of Sempra Generation, whose facilities receive regasified LNG from Sempra’s Costa Azul LNG terminal, told...
LNG Cargo Diverted from Lake Charles LNG Terminal to European Destination
Posted on Nov 20, 2008 in Markets and Competition, Vessel Transportation | Comments Off on LNG Cargo Diverted from Lake Charles LNG Terminal to European Destination
Reuters (carried via LexisNexis [subscription required]) reports that of the two cargos reportedly destined for the Lake Charles LNG terminal, only one cargo was delivered. The second LNG ship, the Golar Freeze, is now in the Atlantic Ocean heading for southern...
Gaz Metro CEO: Negotiations Continuing with Gazprom on Rabaska LNG Terminal
Posted on Nov 20, 2008 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Gaz Metro CEO: Negotiations Continuing with Gazprom on Rabaska LNG Terminal
Sylvie Brochu, chief executive of Gaz Metro, told The Gazette (Montreal) that “financial uncertainties” have delayed finalizing the agreement between Gazprom and the developers backing the Rabaska LNG terminal. Brochu specifically noted uncertainties in the financial, commodity, and construction markets, along with the complexity of the...
Study: Pacific Basin LNG Market Can Support West Coast Import Terminal
Posted on Nov 19, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Study: Pacific Basin LNG Market Can Support West Coast Import Terminal
A study produced by ICF International for Jordan Cove LNG concludes that based on expected increases in LNG liquefaction capacity and competing import demand projections for the Pacific Basin, the market can support an LNG terminal on the West Coast of the United States. The report is available in the FERC eLibrary under Docket No....