Sempra LNG Would Consider Selling Port Arthur LNG Project
Posted on Feb 12, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Sempra LNG Would Consider Selling Port Arthur LNG Project
Speaking at an LNG conference in Singapore, Sempra LNG CEO Darcel Hulse said that his company might consider selling its Port Arthur LNG import project or using the property as a joint LNG and oil terminal. Hulse also said that his company is considering offering additional regasification capacity at the Cameron LNG terminal under long-term lease. Read more in the Wall Street Journal...
Three Bills Impacting LNG Development in Oregon To Be Considered by State Legislature
Posted on Feb 12, 2010 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Three Bills Impacting LNG Development in Oregon To Be Considered by State Legislature
The Forest Grove News Times provides an update on three bills in the Oregon state legislature, SB 1020, SB 1021, and HB 3616, which reprise legislation proposed last year impacting LNG...
Weaver’s Cove LNG Opponents Testify Before R.I. Senate Taskforce
Posted on Feb 12, 2010 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Weaver’s Cove LNG Opponents Testify Before R.I. Senate Taskforce
Representatives of several groups opposed to the Weaver’s Cove LNG import project testified before the Rhode Island Senate’s taskforce examining the LNG proposal. According to the Providence Journal, witnesses raised economic and environmental concerns. Separately, the Preservation Society of Newport County, R.I., endorsed a resolution opposing the Weaver’s Cove LNG...
Analysts Expect Coal, Imports of LNG to Moderate U.S. Natural Gas Prices
Posted on Feb 9, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Analysts Expect Coal, Imports of LNG to Moderate U.S. Natural Gas Prices
Analysts with Goldman Sachs, Credit Suisse and Barclays Capital separately predicted this week that use of coal and increased LNG imports will moderate U.S. natural gas prices in 2010. Read more in Platts LNG Daily. [Subscription...
European LNG Headlines
Posted on Feb 9, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Traders: Little Interest in Six U.K. Berthing Slots Offered This Month (Platts LNG Daily) [Subscription required]
Mass. Town Increases In-House Role in LNG Opposition
Posted on Feb 9, 2010 in Litigation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Mass. Town Increases In-House Role in LNG Opposition
Having expended its LNG budget for the year, the City of Fall River, Mass., plans to rely on its in-house team to handle more issues related to its ongoing opposition to the Weaver’s Cove LNG regasification project. The Herald News reports that the town’s outside counsel will retain a role but currently is working only on a “task-by-task”...