Tidelands Receives Permits from Mexican Authorities
Posted on Jul 3, 2006 in Canada & Mexico, Federal Regulation, Financing, Markets and Competition, Pipelines, Regas Terminals & Capacity | Comments Off on Tidelands Receives Permits from Mexican Authorities
The San Antonio Business Journal reports that Tidelands Oil & Gas Corp. earlier this month secured permits from Mexican federal regulatory authorities for its three-phase natural gas project, which includes an LNG terminal, underground storage facility, and accompanying pipelines in northeastern Mexico. The company hopes to obtain the remaining permits from FERC for the U.S....
Small and Medium-Scale LNG Projects Increase as Costs Rise
Posted on Jun 19, 2006 in Blog, Financing, Liquefaction, LNGLawBlog, Regas Terminals & Capacity | Comments Off on Small and Medium-Scale LNG Projects Increase as Costs Rise
Zeus Development Corporation president Bob Nimocks details the results of the energy analyst’s survey of world LNG projects in this report from Market Wire on June 16. According to Nimocks, the survey finds that rising engineering, construction, and raw material costs, as well as labor shortages, are causing firms to explore smaller-scale projects in smaller gas...
Jordan Cove Gets Stake in Weyerhaeuser Sale
Posted on Jun 12, 2006 in Financing, LNGLawBlog, Regas Terminals & Capacity, State and Local Issues | Comments Off on Jordan Cove Gets Stake in Weyerhaeuser Sale
The World carried a story on June 10, regarding timber company Weyerhaeuser’s recent sale of land on Coos Bay’s North Spit in Oregon, which includes the site of Jordan Cove Energy’s proposed LNG import terminal, to the International Port of Coos Bay. The terminal developer has helped finance the port’s purchase of the 1,300 acres from Weyerhaeuser in...
NorthernStar Secures Capital for West Coast Terminals
Posted on May 24, 2006 in Financing, Regas Terminals & Capacity | Comments Off on NorthernStar Secures Capital for West Coast Terminals
NorthernStar Natural Gas announced Monday that it has secured funding “needed to successfully complete the development stage of” its Bradwood Landing and Clearwater Port LNG terminals in Oregon and offshore California, respectively. The Houston Chronicle carries NorthernStar’s PRNewswire...
Pemex May Acquire Ownership in Manzanillo Terminal
Posted on May 24, 2006 in Canada & Mexico, Financing, Regas Terminals & Capacity | Comments Off on Pemex May Acquire Ownership in Manzanillo Terminal
Mexico’s Energy Secretary Fernando Canales tells World Gas Intelligence that Pemex, Mexico’s state-owned oil company, may acquire a 30% stake in the Manzanillo LNG terminal proposed for Mexico’s western coast. Pemex may join the terminal developer, state utility CFE, in ownership of the terminal in an effort to boost LNG suppliers’ confidence in the...
Canaport LNG Developers Explore Financing Options
Posted on Apr 28, 2006 in Canada & Mexico, Financing, Regas Terminals & Capacity | Comments Off on Canaport LNG Developers Explore Financing Options
Ocean Resources reports that Repsol YPF and Irving Oil, the developers behind the proposed 1Bcf/d Canaport LNG facility in New Brunswick, are exploring potential financing options for the project. Representatives from Repsol have said that financing efforts will not impact construction on the terminal, which is expected to start this spring. Operation is scheduled to begin in...