Newfoundland LNG Project on Hold
Posted on Jun 16, 2009 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Newfoundland LNG Project on Hold
Citing global economic conditions, Newfoundland LNG Ltd. President Mark Turner announced last week that his company’s proposed LNG import terminal is on hold. According to The Charter (Newfoundland), Turner said that the company is exploring options to keep the project...
EcoElectrica Files Plan for New Heat Exchangers
Posted on Jun 16, 2009 in Regas Terminals & Capacity | Comments Off on EcoElectrica Files Plan for New Heat Exchangers
Yesterday EcoElectrica filed with FERC its Initial Implementation Plan for the installation of two new heat exchangers at its existing LNG import terminal in Puerto Rico. EcoElectrica’s plan, as well as FERC’s order authorizing modification of the terminal, are available in the eLibrary under Docket No....
DOE Issues Export Authorization to Sabine Pass, Freeport LNG
Posted on Jun 16, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on DOE Issues Export Authorization to Sabine Pass, Freeport LNG
Recently the U.S. Department of Energy Office of Fossil Energy issued authorizations to export previously imported LNG to Sabine Pass and Freeport LNG. Addressing potential concerns regarding effects of LNG re-exports on the U.S. domestic gas market, DOE’s order on the Sabine Pass application notes that “[b]ased on a review of the complete record, DOE/OFE finds that the...
Bradwood Landing LNG Developer Announces Successful Financing Round
Posted on Jun 16, 2009 in Financing, Regas Terminals & Capacity | Comments Off on Bradwood Landing LNG Developer Announces Successful Financing Round
Joe Desmond of NorthernStar Natural Gas, the developer behind the Bradwood Landing LNG import terminal, told The Daily News (Longview, Wash.) that NorthernStar recently raised “in the multiple tens of millions” in new financing for the planned LNG terminal. Desmond also stated that he is confident NorthernStar can raise the additional capital needed to complete the...
Dominion Responds to WGL’s Comments on Cove Point Pier Reinforcement Project
Posted on Jun 15, 2009 in Gas Composition, Regas Terminals & Capacity | Comments Off on Dominion Responds to WGL’s Comments on Cove Point Pier Reinforcement Project
On Friday Dominion Cove Point LNG, LP filed a response to Washington Gas Light Co.’s comments regarding FERC Staff’s Environmental Assessment of the Pier Reinforcement Project. In its response, Dominion Cove Point addresses WGL’s assertion that the ability to accept larger LNG carriers will necessarily lead to increased volumes of imported regasified LNG flowing on...