Supply for Manzanillo LNG No Longer To Be Tied to Crude Oil Pricing
Posted on Apr 26, 2006 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Supply for Manzanillo LNG No Longer To Be Tied to Crude Oil Pricing
As it plans to issue tenders for its proposed Manzanillo LNG facility in May or June, Mexico’s state-owned power company, Comision Federal de Electricidad (CFE), says it will no longer opt for a hybrid pricing index based on an average of two crude oil and gas indices. CFE says it is dropping plans to purchase LNG at prices linked to crude oil prices because of their volatility....
Sempra Launches Open Season for Energia Costa Azul LNG Facility
Posted on Apr 24, 2006 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Sempra Launches Open Season for Energia Costa Azul LNG Facility
Sempra Energy has initiated an open season to determine the level of interest in obtaining expansion capacity at the Energía Costa Azul LNG facility in Mexico, according to Sempra LNG president Darcel Hulse. Construction on the first phase of the terminal is 30% complete, with a start-up date projected for 2008. A plan to expand send-out capacity from 1 Bcf/d to 2.5 Bcf/d hinges on the...
U.S. Local Distribution Companies Consider Purchasing Canadian LNG
Posted on Apr 21, 2006 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on U.S. Local Distribution Companies Consider Purchasing Canadian LNG
Alberta Northeast Gas Ltd., a group of U.S. Northeast LDCs, is looking into purchasing LNG supply from Canadian import terminals in the next two or three years because they may come online faster than those proposed for the United States, according to ANGL vice president James Carmichael. He says that the LNG development projects in Canada are likely to encounter less opposition and...
Mexico Postpones Issuance of Manzanillo Tenders
Posted on Apr 20, 2006 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Mexico Postpones Issuance of Manzanillo Tenders
Mexico’s state-owned power company, Comision Federal de Electricidad (CFE), plans to issue tenders for building and supplying the 500 MMcf/d Manzanillo LNG facility a month later than scheduled due to a procedural amendment that allows CFE to approve the project without the consent of the finance ministry. “We estimate that in the month of May, around the middle of May,...
Canadian Ambassador Comments on LNG Development in Maine
Posted on Apr 13, 2006 in Canada & Mexico, Federal Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Canadian Ambassador Comments on LNG Development in Maine
Canadian Ambassador Michael Wilson last week wrote FERC Chairman Kelliher to express concerns regarding the proposed LNG terminals on the Maine side of Passamaquoddy Bay. The Ambassador informed Kelliher that the Governor of Canada is conducting a study scheduled for completion this summer that examines the potential navigational, safety, and environmental risks posed by the LNG import...
Op-ed: Proposed Maine LNG Project Greater Threat than Canadian Projects
Posted on Apr 10, 2006 in Canada & Mexico, Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-ed: Proposed Maine LNG Project Greater Threat than Canadian Projects
In response to an op-ed authored by the attorney for Quoddy Bay LLC, a Newburyport, Mass. resident says the LNG terminal proposed for Quoddy Bay is more dangerous than Canada’s proposed Canaport and Bear Head facilities. In response to the claim that it would be discriminatory for Canada to oppose the U.S. terminal while permitting two facilities nearby in Canada, the author...