El Paso Corp. Sells 51% Interest in Southern LNG, Elba Express Pipeline to El Paso Pipeline Partners
Posted on Mar 29, 2010 in Financing, Pipelines, Regas Terminals & Capacity | Comments Off on El Paso Corp. Sells 51% Interest in Southern LNG, Elba Express Pipeline to El Paso Pipeline Partners
Last week El Paso Pipeline Partners LP announced that it plans to take a 51% interest in Southern LNG Company LLC and El Paso Elba Express Co. LLC from El Paso Corp. for a purchase price of $810 million. This announcement follows a comment made earlier this month by an El Paso Corp. executive, who said that the company was considering selling the Elba Island LNG terminal and the...
Op-Eds Argue Against Weaver’s Cove LNG Project
Posted on Mar 25, 2010 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-Eds Argue Against Weaver’s Cove LNG Project
Two op-ed pieces carried by the Herald News (Fall River, Mass.) this week present arguments against the planned Weaver’s Cove LNG project. The first, authored by a member of the LNG Working Group, suggests that the numerous setbacks faced by the Weaver’s Cove LNG project coupled with anticipated shale gas volumes in the Northeastern United States should convince project...
Op-Ed: Failure of LNG Projects Proposed for California Casts Doubt on Arguments for LNG Imports
Posted on Mar 25, 2010 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-Ed: Failure of LNG Projects Proposed for California Casts Doubt on Arguments for LNG Imports
An op-ed carried by the Ventura County Star suggests that the failures of several LNG projects proposed in California, including most recently the failure of the Clearwater Port offshore LNG project, cast doubt on the necessity of LNG imports in the...
European LNG Headlines
Posted on Mar 25, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Balti Gaas: Regional LNG Terminal Should be in Estonia (Baltic Business News)
CLNG Head: LNG a “Silent Success”
Posted on Mar 25, 2010 in Markets and Competition | Comments Off on CLNG Head: LNG a “Silent Success”
Speaking at the American Gas Association luncheon, Bill Cooper, president of the Center for LNG, said “LNG is a silent success story as we see more cargos arrive in this county… LNG is well-suited to supplement domestic supplies for some time to come.” Read more in the Oil and Gas...