Province of New Brunswick Responds to Calais LNG
Posted on Mar 4, 2010 in Canada & Mexico, Federal Regulation, Regas Terminals & Capacity | Comments Off on Province of New Brunswick Responds to Calais LNG
The Province of New Brunswick has filed an answer this week to comments Calais LNG made regarding a motion to reject and other comments previously filed with FERC by the Province. Notably, New Brunswick rejects Calais LNG’s assertion that FERC should limit the scope of the Province’s intervention in this proceeding, emphasizing that Calais LNG mischaracterized FERC’s...
Op-Ed Raises Safety, Economic and Environmental Concerns with Weaver’s Cove LNG Project
Posted on Mar 4, 2010 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-Ed Raises Safety, Economic and Environmental Concerns with Weaver’s Cove LNG Project
The Providence Journal carries an op-ed today written by John Torgan, director of advocacy for Save the Bay, which cites safety, economic and environmental concerns as reasons to oppose the Weaver’s Cove LNG...
European LNG Headlines
Posted on Mar 4, 2010 in Financing, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Europe to Favor LNG over Shale Plays: Analysts (Platts LNG Daily) [Subscription required] Poland Arranges Financing for LNG Import Terminal (Business Week)
CLNG Says Senate LNG Bill to Repeal Part of EPACT 2005 May Limit States’ Involvement in LNG Siting Process
Posted on Mar 4, 2010 in Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on CLNG Says Senate LNG Bill to Repeal Part of EPACT 2005 May Limit States’ Involvement in LNG Siting Process
Center for LNG President Bill Cooper told Platts LNG Daily [subscription required] that a bill proposed in the U.S. Senate that would repeal section 311 of the Energy Policy Act of 2005 (EPACT 2005) may actually limit state and local government involvement in the LNG project siting process. According to Cooper, prior to EPACT 2005, the only way state agencies could influence...
Barclays: Gazprom’s European Gas Pricing May Direct More LNG to U.S. Market
Posted on Mar 4, 2010 in Markets and Competition | Comments Off on Barclays: Gazprom’s European Gas Pricing May Direct More LNG to U.S. Market
In a report released earlier this week, Barclays Capital said that Gazprom’s recent revision of its natural gas pricing formula for European customers, allowing up to 15% of Gazprom’s gas sales contracts to be linked to spot gas prices, may drive excess Atlantic basin LNG to U.S. import terminals over the next three years. Read more in Platts LNG Daily. [Subscription...