Freeport LNG Begins Installing Liquefication System
Posted on May 20, 2009 in Regas Terminals & Capacity | Comments Off on Freeport LNG Begins Installing Liquefication System
The Facts (Quintana, Texas) reports that Freeport LNG has commenced installation of its FERC-approved liquefication system. A Freeport LNG official said earlier this week that he expects construction to be complete within 75...
FERC Seeks Input from Federal Agencies on Environmental Impacts of Downeast LNG Project
Posted on May 20, 2009 in Environmental, Federal Regulation, Regas Terminals & Capacity | Comments Off on FERC Seeks Input from Federal Agencies on Environmental Impacts of Downeast LNG Project
Yesterday FERC issued three requests for consultation regarding the potential environmental impacts of the Downeast LNG import project. FERC is seeking guidance from two offices in the National Marine Fisheries Service, as well as the U.S. Fish and Wildlife Service. FERC’s requests are available in the eLibrary under Docket No....
Anadarko CEO Says LNG Imports May Create Downward Pressure on U.S. Natural Gas Prices
Posted on May 20, 2009 in Markets and Competition | Comments Off on Anadarko CEO Says LNG Imports May Create Downward Pressure on U.S. Natural Gas Prices
Jim Hackett, CEO of Anadarko Petroleum Corp., told Bloomberg News (carried via the Houston Chronicle) that he expects increased LNG imports to the United States will create downward pressure on U.S. natural gas prices. He said, “Our feeling is that natural gas prices have some challenges because of the LNG that may be coming this way due to our storage capability in the United...
U.S. Coast Guard Notes Concerns with Ballast Screens Proposal for Ships Servicing Bradwood Landing LNG
Posted on May 19, 2009 in Environmental, Marine Regulation, Regas Terminals & Capacity, Technology, Vessel Transportation | Comments Off on U.S. Coast Guard Notes Concerns with Ballast Screens Proposal for Ships Servicing Bradwood Landing LNG
Earlier this month the U.S. Coast Guard notified FERC of its concerns with the proposal to retrofit LNG vessels servicing the Bradwood Landing LNG terminal with screens to limit entrainment of juvenile fish in vessels’ ballast systems. The Coast Guard’s letter, available in the FERC eLibrary under Docket No. CP06-365, states that fish screening technologies that have not...
Freeport LNG VP Explains LNG Re-Export Business Model
Posted on May 19, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Freeport LNG VP Explains LNG Re-Export Business Model
Freeport LNG Vice President Bill Henry explained his company’s LNG re-export business model last week to Reuters, noting that he has seen “a lot of interest” in the re-export proposal. Henry noted that the re-export capabilities “could be used by the customers we have, or by a third party.” The terminal’s existing customers include ConocoPhillips,...