FERC Authorizes Golden Pass LNG to Continue Cool Down Operations as Second Commissioning Cargo Arrives
Posted on Nov 17, 2010 in Federal Regulation, Regas Terminals & Capacity | Comments Off on FERC Authorizes Golden Pass LNG to Continue Cool Down Operations as Second Commissioning Cargo Arrives
Yesterday, FERC authorized Golden Pass LNG to continue cooling down its Phase 1 facilities. FERC’s letter order is available in the Commission’s eLibrary under Docket No. CP04-386. Separately, NATS [subscription required] reported yesterday that a second commissioning cargo, carried aboard the Q-Flex class vessel Al Oariq, has arrived at the Sabine Pass waterway en route...
MARAD Determines Liberty LNG Project Application Ready for Processing
Posted on Nov 17, 2010 in Federal Regulation, Regas Terminals & Capacity | Comments Off on MARAD Determines Liberty LNG Project Application Ready for Processing
MARAD announced in today’s Federal Register that it has determined that Liberty LNG’s application to construct and operate a deepwater port offshore New Jersey contains the information necessary to begin processing the application. The next step is for the agency to hold public hearings on the project within 240 days and render a decision on the application within 330...
Weaver’s Cove LNG Executive Responds to Critics
Posted on Nov 17, 2010 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Weaver’s Cove LNG Executive Responds to Critics
The Boston Herald reports on Weaver’s Cove Energy CEO Gordon Shearer’s response to the open letter sent by Save The Bay to Hess Corporation shareholders yesterday. In his response, Shearer calls project opponents “very...
El Paso to Sell Elba Island LNG Terminal, Stake in Gas Pipelines to Affiliate
Posted on Nov 16, 2010 in Financing, Regas Terminals & Capacity | Comments Off on El Paso to Sell Elba Island LNG Terminal, Stake in Gas Pipelines to Affiliate
Yesterday El Paso Corp. announced that it will sell its full ownership of Southern LNG Co., the owner of the Elba Island LNG import terminal, as well as the complete ownership of El Paso Elba Express Co., to El Paso Pipeline Partners LP. El Paso Corp. also will sell its 60 percent stake in Southern Natural Gas Co. According to Bloomberg, the total value of the transaction is $1.13...
Local Group Sends Open Letter to Hess Shareholders Urging Opposition to Weaver’s Cove LNG Project
Posted on Nov 16, 2010 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Local Group Sends Open Letter to Hess Shareholders Urging Opposition to Weaver’s Cove LNG Project
Save The Bay, a local group opposed to the Weaver’s Cove LNG import project, has drafted an open letter to shareholders of Hess Corporation, the developer of the Weaver’s Cove project, urging them to oppose the LNG project. The letter highlights regulatory challenges faced by the project, political opposition to the project, and questions whether the region’s energy...
LNG Regasification Terminal Planned for Cuba
Posted on Nov 12, 2010 in Regas Terminals & Capacity | Comments Off on LNG Regasification Terminal Planned for Cuba
Platts LNG Daily reports that Venezuela’s national oil company PDVSA plans to partner with Cuban firm Cupet to develop an LNG regasification terminal in southern Cuba. The project as presently envisioned would provide more than 90 Bcf/y in LNG regasification capacity. [Subscription...