Analysts: Canaport LNG Terminal Could Serve as Key Trading Hub
Posted on Apr 29, 2009 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Analysts: Canaport LNG Terminal Could Serve as Key Trading Hub
Noting that the Sable Offshore Energy Project in Nova Scotia will be offline in the coming months, several industry analysts told Platts Gas Daily [subscription required] that they believe the Canaport LNG import terminal will emerge as a critical gas trading hub for the Northeastern United States owing to the terminal’s significant send-out capability and substantial storage...
Local Councilman Files Comments on Freeport LNG Truck Delivery Proposal
Posted on Apr 28, 2009 in Federal Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Local Councilman Files Comments on Freeport LNG Truck Delivery Proposal
Quintana, Texas, City Councilman Wallace Neeley filed comments last week regarding Freeport LNG’s proposal to deliver LNG to its terminal via truck. Mr. Neeley’s comments are available in the FERC eLibrary under Docket No....
Debate Continues on Oregon Utility Siting Bill
Posted on Apr 28, 2009 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Debate Continues on Oregon Utility Siting Bill
The Oregonian provides an update on the increasingly heated debate surrounding HB 3058, a measure that would change the definition of “applicant” when defining what entities can apply for wetland removal or fill permits for land involved in utility projects. A spokesperson for Bradwood Landing LNG developer NorthernStar Natural Gas Inc. said yesterday that the bill is meant...
Bill in Texas State House Proposes “Coastal Protection Fee” for LNG
Posted on Apr 28, 2009 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Bill in Texas State House Proposes “Coastal Protection Fee” for LNG
A bill proposed by Texas State Rep. Tommy Merritt (R-Longview) would impose a fee for the transfer of liquefied natural gas, as well as crude oil and petroleum products, to or from marine terminals in Texas. HB 4667 sets the fee at $0.25 per barrel of oil equivalent of liquefied natural gas and could affect shippers using the Freeport LNG terminal. Proceeds from this measure would go...
U.S. Coast Guard Releases Letter of Recommendation for Oregon LNG
Posted on Apr 27, 2009 in Marine Regulation, Regas Terminals & Capacity | Comments Off on U.S. Coast Guard Releases Letter of Recommendation for Oregon LNG
The U.S. Coast Guard has determined that “the applicable portions of the Columbia River and its approaches are not currently suitable, but could be made suitable for the type and frequency of LNG marine traffic” contemplated by the Oregon LNG project. Oregon LNG Peter Hansen expressed satisfaction in a press release, saying that the conclusions in the Coast Guard’s...