Market Conditions, Politics Present Challenges for Cheniere’s LNG Export Plan
Posted on Jun 16, 2010 in Liquefaction, Markets and Competition, Policy, Legislation and Politics | Comments Off on Market Conditions, Politics Present Challenges for Cheniere’s LNG Export Plan
In an analysis of Cheniere’s proposal to export U.S. natural gas as LNG via the company’s Sabine Pass facility, Reuters (carried by Forexyard.com) predicts that the project will face significant financial and political challenges. Zach Allen of Pan Eurasian Enterprises told Reuters, “I am not sure the economics work out in Cheniere’s favor,” noting that...
Mass. Senator Announce Opposition to Weaver’s Cove LNG Project
Posted on Jun 16, 2010 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Mass. Senator Announce Opposition to Weaver’s Cove LNG Project
This weekend, Sen. Scott Brown (R-Mass.) announced his opposition to the Weaver’s Cove LNG import project planned for Mt. Hope Bay, saying that the project is inappropriate for the site and raises security concerns. Read more in the Herald...
Winner of California’s Lieutenant Governor Race to Have Significant Role in LNG Development
Posted on Jun 8, 2010 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Winner of California’s Lieutenant Governor Race to Have Significant Role in LNG Development
According to the a story in the Contra Costa Times, the California lieutenant governor’s race amounts to a race for a seat on the California State Lands Commission, a body that must approve any port facility on or off California’s coasts. The story identifies the seat on the commission as a significant responsibility of the lieutenant governor and notes that the commission has...
Louisiana Senator Expresses Support for Cheniere’s LNG Export Proposal
Posted on Jun 7, 2010 in Liquefaction, Markets and Competition, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Louisiana Senator Expresses Support for Cheniere’s LNG Export Proposal
Senator Mary Landrieu (D-La.) issued a statement last week expressing her support for Cheniere Energy’s proposal to liquefy domestic natural gas and export it as LNG from the Sabine Pass LNG facility. Senator Landrieu noted that the Haynesville Shale play, located in northwest Louisiana, could provide significant natural gas supplies to “allow the U.S. to become a major...
R.I. Senate Task Force Recommends Opposition to Weaver’s Cove LNG Project
Posted on Jun 7, 2010 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on R.I. Senate Task Force Recommends Opposition to Weaver’s Cove LNG Project
In a report released last week, a task force instituted by the Rhode Island Senate recommended that the state oppose the Weaver’s Cove LNG import facility and urged FERC to deny the project developer’s application to construct the facility. The Providence Journal offers further...
Rhode Island House Passes Measure Adjusting Minimum Clearance Requirement for Ships Transiting Under Bridges
Posted on Jun 3, 2010 in Marine Regulation, Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on Rhode Island House Passes Measure Adjusting Minimum Clearance Requirement for Ships Transiting Under Bridges
Yesterday the Rhode Island House of Representatives passed HB 7014 requiring 30 feet of clearance between a transiting vessel that is over 150 feet long and carrying a “hazardous material” as its primary cargo and the underside of a bridge. Speaking to the Providence Journal, sponsor of the bill Rep. Douglas W. Gablinkse (D) said that the objective of this legislation is to...