Nova Scotia Premier Says He Still Opposes Brunswick Pipeline
Posted on Nov 10, 2006 in Canada & Mexico, Pipelines, Regas Terminals & Capacity | Comments Off on Nova Scotia Premier Says He Still Opposes Brunswick Pipeline
Nova Scotia Premier Rodney MacDonald has denied allegations reported by The Chronicle Herald that his government will support the proposed Brunswick Pipeline. He has previously expressed concern that lower tolls on the pipeline, which would transport supply from the Canaport LNG terminal to U.S. markets, would threaten LNG projects proposed for Nova Scotia. The Canadian Press article...
Developers Seek $715 Million Loan to Construct Canaport LNG Terminal
Posted on Nov 9, 2006 in Canada & Mexico, Financing, Regas Terminals & Capacity | Comments Off on Developers Seek $715 Million Loan to Construct Canaport LNG Terminal
Bloomberg reports that Irving Oil and Repsol are trying to arrange a $715 million loan to help finance the jointly-developed Canaport LNG terminal in Saint John, New Brunswick.
National Energy Board: Hearings Focus on Emera’s Proposed Pipeline Route, Not Tolls
Posted on Nov 8, 2006 in Canada & Mexico, Pipelines, Regas Terminals & Capacity, State and Local Issues | Comments Off on National Energy Board: Hearings Focus on Emera’s Proposed Pipeline Route, Not Tolls
At the Canadian National Energy Board’s public hearings on Emera’s proposed Brunswick Pipeline, hearing chair Sheila Leggatt ruled that the focus of the hearings is the planned pipeline route, not the effect that lower tolls on the pipeline may have on two proposed LNG terminals in Nova Scotia. CBC News has the...
Nova Scotia to Challenge Proposed Brunswick Pipeline at Hearings
Posted on Nov 6, 2006 in Canada & Mexico, Pipelines, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Nova Scotia to Challenge Proposed Brunswick Pipeline at Hearings
The Chronicle Herald reports that Nova Scotian officials will contest Emera Inc.’s proposed Brunswick Pipeline, which would pass through New Brunswick and connect the planned Canaport LNG terminal directly to the U.S. pipeline network. Nova Scotia Premier Rodney MacDonald and other officials are reportedly concerned that lower tolls on the Brunswick Pipeline could put two LNG...
Mexico’s CFE Meets With Prospective Shippers Regarding Manzanillo Terminal
Posted on Nov 2, 2006 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Mexico’s CFE Meets With Prospective Shippers Regarding Manzanillo Terminal
Rigzone reports that 30 companies this week met with Mexico’s Federal Electricity Commission (CFE) to discuss the particulars of supplying and storing LNG at the Manzanillo LNG terminal. Offers to supply the terminal are due by Jan....
Mexico Announces Long-Term LNG Development Plan
Posted on Oct 30, 2006 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Mexico Announces Long-Term LNG Development Plan
Platts LNG Daily reports on Mexico’s three-phase LNG development plan. According to Juan Granados-Zuniga, a project manager with the Comision Federal de Electricidad, the plan is designed to help increase the supply of natural gas necessary to keep pace with demand and to reduce supply costs by purchasing LNG at prices that are not tied to U. S. indices. By the end of the third...