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Jamaican Power Company Considering Switch to LNG

As progress continues on the planned Jamaican LNG import terminal, an official for the Jamaica Public Service Company Ltd. (JPS) said that the company is seriously considering converting its power plants from fuel oil to natural gas. The Jamaica Gleaner reports that a JPS official said that using LNG would lower costs and reduce environmental pollution, but that “[w]e need to get...

Key Financial Partner Calais LNG Selling Its Stake in Project

GS Power Holding LLC, a subsidiary of the investment bank Goldman Sachs, is selling its stake in the Calais LNG regasification project. According to a letter submitted to the Maine Board of Environmental Protection (BEP), Calais LNG expects the sale to be complete by August 11, 2010, and has asked the BEP to delay a meeting scheduled for tomorrow. Calais LNG also noted that “[i]n...

European LNG Headlines

Eni May Take Control of Azeri Gas Project (Wall Street Journal) [Subscription required]

Gulf LNG Supplements Implementation Plan

Yesterday, Gulf LNG submitted to FERC its Supplemental Implementation Plan for the sendout pipeline associated with its LNG Clean Energy Project regasification terminal. The filing is available in the FERC eLibrary under Docket No....

Op-Ed Asks Jamaican LNG Project Developers to Explain Hurricane Procedures

An op-ed carried by the Jamaica Observer asks the developers of the Jamaican LNG project about the procedures that will be followed in case a hurricane strikes the island nation.

European LNG Headlines

Lithuania, Belarus Consider Building Baltic Import Terminal: Report (Platts LNG Daily) [Subscription required]

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