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Freeport-McMoRan Prepared to Discuss Revenue Sharing With Blanco

Freeport-McMoRan may comply with Louisiana Gov. Kathleen Blanco’s demand to receive a portion of the revenue generated from the operation of its Main Pass LNG terminal proposed for offshore Louisiana, according to William Collier, the company’s spokesperson. “We’re prepared to pay reasonable fees provided by the [Deepwater Port] act, but we haven’t had...

Massachusetts Governor Calls Weaver’s Cove LNG Terminal “Ill-Advised”

Gov. Mitt Romney acknowledged that Massachusetts needs additional LNG supply, but called the Weaver’s Cove LNG terminal planned for Fall River “ill-advised.” The Governor’s comments were offered in response to a reporter’s question about a bill that would restrict the passage of LNG tankers under bridges and near significant populations. Read more in the...

LNG Commission Report May Support AES’ Battery Rock Proposal

The Associated Press has obtained a copy of the Massachusetts LNG Commission report, which will be released officially on Friday. According to the AP, the reportsays, “the region needs to act now to assure adequate gas supplies in the future,” and that LNG terminals should be sited in remote locations. In an apparent reference to AES’ Battery Rock terminal proposed...

Mass. LNG Vessel Bill Passes

The Herald News reports that the Mass. state legislature Friday passed a bill aimed at preventing construction of the Weaver’s Cove LNG terminal in Fall River, Mass.  The bill, which restricts LNG vessels from transiting under low bridges and also mirrors language from the law recently passed in Rhode Island prohibiting vessels from coming within certain distances of state...

Mass. Bill Said to Impact Proposed Offshore LNG ports

The Marblehead Reporter today reports on a bill proposed by Mass. State Sen. Robert O’Leary to develop a new comprehensive ocean management plan regulating activities in Massachusetts state waters.  The plan would include review of pipelines that enter state waters from offshore projects, such as the proposed Neptune LNG deepwater port, that are located in federal...

Bahamas Official: AES Proposal Under Consideration

Dr. Marcus Bethel, Minister of Energy and the Environment in the Bahamas, has told the Bahama Journal that the Dominican Republic’s environmental lawsuit against AES would not “have any impact whatsoever” on the Bahamian government’s consideration of AES’ LNG terminal proposal.  The Bahamian attorney general had said previously that the government would...

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