Freeport LNG Files Application to Install NGL Extraction System
Posted on Aug 13, 2009 in Federal Regulation, Regas Terminals & Capacity | Comments Off on Freeport LNG Files Application to Install NGL Extraction System
Yesterday FERC issued a Notice of Filing stating that Freeport LNG Development, LP and Freeport LNG Expansion, LP submitted to the Commission an application requesting authorization to construct and operate a natural gas liquids (NGL) extraction system at the Freeport LNG terminal. The system will include two NGL extraction trains and is scheduled to go into service in June 2011. Find...
Mayor Describes Plans for Tax Payments from Freeport LNG
Posted on Aug 12, 2009 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Mayor Describes Plans for Tax Payments from Freeport LNG
Wallace Neeley, mayor of Quintana, Texas, has released his 2009-2010 budget that includes anticipated tax payments of more than $1.1 million from Freeport LNG. The budget is approximately $1 million more than the previous year and provides additional funds for infrastructure investment and long-term savings. The Facts provides additional...
Spot Market Activity Reported at Atlantic LNG
Posted on Aug 12, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Spot Market Activity Reported at Atlantic LNG
Reuters (carried via LexisNexis) [subscription required] reports that energy trader Vitol purchased an LNG cargo from the Atlantic LNG liquefaction facility in Trinidad. A source told Reuters that the cargo may be destined for the Zeebrugge LNG import terminal in Belgium. Separately, Reuters also reports that an LNG cargo also sourced from the Atlantic LNG facility is scheduled to be...
Energy, Environmental Interests Present Challenges for Mass. Ocean Resource Planners
Posted on Aug 11, 2009 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Energy, Environmental Interests Present Challenges for Mass. Ocean Resource Planners
National Public Radio provides coverage of the effects of Massachusetts’s ocean resource zoning efforts, including effects on the existing LNG deepwater ports located offshore...
European LNG Headlines
Posted on Aug 11, 2009 in Regas Terminals & Capacity | Comments Off on European LNG Headlines
Falcione Group Plans to Issue Tenders for Albania Terminal Project (Platts LNG Daily) [subscription required] First LNG cargo arrives at Italy’s Adriatic terminal (Reuters)
PHMSA to Require New Safety Modeling for Pipeline Associated with Weaver’s Cove LNG Offshore Berthing Proposal
Posted on Aug 11, 2009 in Pipelines, Regas Terminals & Capacity, Safety & Security | Comments Off on PHMSA to Require New Safety Modeling for Pipeline Associated with Weaver’s Cove LNG Offshore Berthing Proposal
The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) notified FERC late last month that it will apply its existing siting requirements to the offshore LNG unloading system planned for the Weaver’s Cove LNG import project as a “marine cargo transfer system.” However, PHMSA also has determined that existing models to calculate thermal-radiation and...