Posted on Jul 17, 2013 in
Markets and Competition,
Regas Terminals & Capacity |
Comments Off on Neptune Deepwater Port Suspends Operations Due to Market Conditions
The U.S. Maritimes Administration has approved Neptune LNG LLC’s (Neptune) request for a temporary five-year suspension of its Deepwater Port license. Neptune, which operates an LNG import facility located approximately 22 miles northeast of Boston and 7 miles southeast of Gloucester, Mass., stated that gas market conditions in the Northeast region had caused the port to be...