Analysts Differ on Market Impact of Terminals Offshore Massachusetts
Posted on Nov 13, 2006 in Markets and Competition, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Analysts Differ on Market Impact of Terminals Offshore Massachusetts
According to The Boston Globe, energy analysts are divided as to whether construction of one or both LNG import terminals proposed offshore Massachusetts would undermine demand for onshore terminals, such as the FERC-approved Weaver’s Cove LNG terminal. Some believe that offshore terminals will come online quicker, giving them the advantage, but others say that onshore projects...
Lynn City Council Expected to Vote on LNG Security Ordinance
Posted on Nov 13, 2006 in Policy, Legislation and Politics, Safety & Security, State and Local Issues, Storage | Comments Off on Lynn City Council Expected to Vote on LNG Security Ordinance
The president of the Lynn City Council is planning to call for a vote tomorrow on a proposed ordinance that would require KeySpan to implement specific security measures at its LNG storage facility in Lynn, Mass. The Council last month had postponed action on the proposal to allow KeySpan time to conduct a still pending investigation of a security breach at the facility in August. ...
Perry, Maine Residents Approve Recall Ordinance Possibly Rooted in Quoddy Bay LNG Dispute
Posted on Nov 13, 2006 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Perry, Maine Residents Approve Recall Ordinance Possibly Rooted in Quoddy Bay LNG Dispute
Residents of Perry, Maine approved a measure that would allow local citizens to recall elected officials. According to The Bangor Daily News, some residents believe that the ordinance stems from a disagreement among Perry selectmen regarding Quoddy Bay’s proposed LNG terminal. Selectman David Turner, who is in favor of the LNG project, criticized fellow selectman and LNG critic...
BHP Billiton Eager to Collaborate With Gov. Schwarzenegger Following Re-Election
Posted on Nov 10, 2006 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on BHP Billiton Eager to Collaborate With Gov. Schwarzenegger Following Re-Election
Following this week’s re-election of California Gov. Arnold Schwarzenegger over a challenger who vowed to veto BHP Billiton’s Cabrillo Port LNG proposal, BHP Billiton spokesperson Kathi Hann says that her company “look[s] forward to working with the governor” to advance the project. Schwarzenegger has said he will reserve judgment on any LNG terminal proposed...
Gov. Romney to Decide on Offshore LNG Projects Before Stepping Down
Posted on Nov 10, 2006 in Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Gov. Romney to Decide on Offshore LNG Projects Before Stepping Down
According to today’s edition of The Providence Journal, Massachusetts Gov. Mitt Romney will issue a decision on two LNG terminals proposed off the state’s coast before he leaves office on Jan. 4. According to the Deepwater Port Act, Romney must approve, disapprove, or approve with conditions, within 45 days of the date of the last public meeting for each terminal. [Free...
McGovern: Democrat-Controlled Congress Will End Weaver’s Cove
Posted on Nov 9, 2006 in Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on McGovern: Democrat-Controlled Congress Will End Weaver’s Cove
U.S. Rep. James McGovern (D-Mass.) says the recent shift in congressional power to the Democrats will ensure the end of the FERC-approved Weaver’s Cove LNG terminal. “We didn’t roll over on this when we were in the minority party,” he said. “We are now in the majority and have the power to halt this project in a variety of ways.” Read more in The...