Downeast LNG Responds to FERC’s Information Request
Posted on Nov 24, 2009 in Federal Regulation, Pipelines, Regas Terminals & Capacity | Comments Off on Downeast LNG Responds to FERC’s Information Request
Downeast LNG submitted a response to FERC’s request for information regarding the Maritimes & Northeast Pipeline (M&NE). FERC requested Downeast LNG’s plans for delivering imported gas to market should M&NE decide not to expand its system to accommodate the proposed terminal. Downeast LNG responded that LNG importers could rely on interruptible capacity,...
Analysts: Coal and LNG Imports Likely to Create Downward Pressure on U.S. Natural Gas Prices in Near Term
Posted on Nov 24, 2009 in Markets and Competition | Comments Off on Analysts: Coal and LNG Imports Likely to Create Downward Pressure on U.S. Natural Gas Prices in Near Term
Analysts with Wood Mackenzie said in a report released last week that they believe coal and LNG imports will create downward pressure on U.S. natural gas prices through 2011. However, the report warns that reduced capital investment in conventional natural gas exploration and production could lead to price increases in later years. Read more in Platts LNG Daily. [Subscription...
Port of Coos Bay Approves Land Purchase Deal with Jordan Cove LNG
Posted on Nov 23, 2009 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Port of Coos Bay Approves Land Purchase Deal with Jordan Cove LNG
The Oregon International Port of Coos Bay completed a land purchase agreement with Jordan Cove LNG and Weyerhaeuser Co. The World reports that under the terms of the contractual arrangement, Weyerhaeuser would sell 1,300 acres of land to the Port, which would then transfer 147 acres to Jordan Cove. The Port would retain the remaining portion of the land, using some of it to build a...
FERC Voluntarily Dismisses Appeal in FOIA Proceeding Involving Bradwood Landing LNG
Posted on Nov 23, 2009 in Federal Regulation, Litigation, Regas Terminals & Capacity | Comments Off on FERC Voluntarily Dismisses Appeal in FOIA Proceeding Involving Bradwood Landing LNG
FERC requested a voluntary dismissal of its appeal of a decision in a case involving FOIA requests filed by two environmental groups regarding the planned Bradwood Landing LNG project. Last Thursday the U.S. Court of Appeals for the Ninth Circuit granted FERC’s motion to dismiss. The order granting the motion to dismiss is available in the PACER system under Docket No....
European LNG Headlines
Posted on Nov 23, 2009 in Liquefaction | Comments Off on European LNG Headlines
Statoil’s Snohvit Down for at Least Two More Weeks (Reuters)