Property Owners Fight Expropriation for Canaport LNG Terminal
Posted on Apr 10, 2006 in Canada & Mexico, Regas Terminals & Capacity, State and Local Issues | Comments Off on Property Owners Fight Expropriation for Canaport LNG Terminal
The CBC reports that seven property owners are challenging St. John’s attempt to use eminent domain to force the sale of their land for construction of an access road leading to the Irving/Repsol Canaport LNG terminal. The city was successful in securing land from other property owners near the proposed road; those who declined to sell will oppose the city at a public hearing...
Cacouna Energy Closes Engineering and Construction Deal
Posted on Apr 7, 2006 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Cacouna Energy Closes Engineering and Construction Deal
Cacouna Energy has announced that it has awarded the Front End Engineering and Design contract for its proposed 500 MMcf/day LNG terminal in Quebec to several international engineering and construction firms. “Initiating this work is an important step forward in the development of the Cacouna Energy LNG facility and will further file the preliminary project design,” said...
New Brunswick MP Opposes LNG Traffic in Canadian Waters
Posted on Apr 3, 2006 in Canada & Mexico, Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on New Brunswick MP Opposes LNG Traffic in Canadian Waters
Canadian Veteran Affairs Minister Greg Thompson says that Ottawa will not allow LNG tankers heading toward the three import terminals proposed for Passamaquoddy Bay in Main to transit Canadian waters, which the vessels would have to do in order to reach the proposed terminals. “We have stated that we will use every legal and diplomatic means to defend our position, which is...
Petro-Canada Optimistic About Future Gazprom Collaboration
Posted on Mar 31, 2006 in Canada & Mexico, Liquefaction, Markets and Competition | Comments Off on Petro-Canada Optimistic About Future Gazprom Collaboration
Petro-Canada’s CEO is optimistic that strong diplomatic ties between Russia and Canada will help facilitate a deal with Gazprom to import Russian LNG to North America. Ron Brenneman said before investors yesterday that Petro-Canada’s recent liquefaction deal with Gazprom is a sign of progress. Read more in yesterday’s Platts Oilgram News. [Subscription...
St. Andrews Mayor Opposes LNG Tanker Traffic in Canadian Waters
Posted on Mar 29, 2006 in Canada & Mexico, Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on St. Andrews Mayor Opposes LNG Tanker Traffic in Canadian Waters
A report in today’s Bangor Daily News says that Mayor John Craig of St. Andrews, New Brunswick expressed his opposition to the passage of LNG tankers en route to the proposed Passamaquoddy Bay import terminals. “No LNG tankers will move through Head Harbour Passage, and internal Canadian waters in Passamaquoddy Bay are closed to LNG tankers – period,” Craig said at an...
Analyst Says LNG Imports Will Not Decrease North American Gas Prices
Posted on Mar 28, 2006 in Canada & Mexico, Markets and Competition | Comments Off on Analyst Says LNG Imports Will Not Decrease North American Gas Prices
An analyst with the Canadian Institute for Energy Research yesterday said that an increase in imported LNG will not allay price volatility in the North American gas market. Instead, it will benefit exporters seeking to take advantage of the high gas pricesin Canada and the United States. “Natural gas prices are very volatile with no change in sight,” said Frank Henderson....