Uncertainty Regarding Environmental Policy Delays WestPac LNG
Posted on Jan 3, 2008 in Canada & Mexico, Environmental, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Uncertainty Regarding Environmental Policy Delays WestPac LNG
The Globe and Mail reports that WestPac LNG has delayed its planned LNG regasification terminal for Texada Island, B.C., by at least one year due to uncertainty as new provincial greenhouse gas emissions regulations are put forward. The developer expects to file its project description in early 2009. Separately, the Powell River Peak offered an editorial that suggested 2007 was one of...
Canaport LNG Terminal, Other Energy Infrastructure, Spurs Economic Growth in Saint John
Posted on Jan 2, 2008 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Canaport LNG Terminal, Other Energy Infrastructure, Spurs Economic Growth in Saint John
The Globe and Mail reports that the Canaport LNG regasification terminal, as well as other nearby energy infrastructure, has spurred economic growth throughout the region. Specifically, Saint John Mayor Norm MacFarlane cited the Canaport project as the event that began the wave of investment in energy projects in the...
Local Activists Collect Petition Signatures Opposing WestPac LNG
Posted on Dec 21, 2007 in Canada & Mexico, Regas Terminals & Capacity, State and Local Issues | Comments Off on Local Activists Collect Petition Signatures Opposing WestPac LNG
The Powell River Peak reports that Texada Action Now (TAN) has gathered the signatures of 84% of Texada Island’s adult population on petitions opposing WestPac LNG’s terminal proposal. Stu Leson, president of WestPac LNG, told the publication, “Certainly, in our minds, they need more information about the project before they can make an informed decision. We’re...
Regas Terminal Proposed for Mexico’s Yucatan Peninsula
Posted on Dec 20, 2007 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Regas Terminal Proposed for Mexico’s Yucatan Peninsula
Earlier this week Gulf United Energy announced that it has joined with Mexicana de Gas Natural to propose an LNG regasification terminal for Mexico’s Yucatan Peninsula. This 300-500 Mmcf/d project is scheduled to begin operations in 2011. CNN Money carries the company’s press...
Local Groups Protest WestPac LNG
Posted on Dec 19, 2007 in Canada & Mexico, Environmental, Regas Terminals & Capacity | Comments Off on Local Groups Protest WestPac LNG
The Nanaimo Daily News (British Columbia, Canada) reports that fifteen community and environmental organizations have joined together in opposing WestPac LNG’s proposed regasification project on Texada Island near Vancouver. The coalition, called the Alliance to Stop LNG, also hopes to halt all new coastal oil and gas operations proposed for offshore British Columbia and to...
Canadian Economist Critical of Tax Agreement for Rabaska LNG Proposal
Posted on Dec 18, 2007 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Canadian Economist Critical of Tax Agreement for Rabaska LNG Proposal
Louis-Marie Asselin, an economist with Universite Laval, testified before a National Assembly committee yesterday that a tax proposal for the Rabaska LNG project is “insufficient and unacceptable.” Asselin, who has publicly opposed the project, complained that the proposal provides for tax payments that are not adjusted for inflation. However, Rabaska chief executive Glenn...