U.S. Coast Guard Proposes Security Zones Near Freeport LNG
Posted on Apr 30, 2009 in Marine Regulation, Regas Terminals & Capacity, Safety & Security | Comments Off on U.S. Coast Guard Proposes Security Zones Near Freeport LNG
The U.S. Coast Guard filed in today’s Federal Register two notices of proposed rulemaking. The first rulemaking would establish a permanent security zone in the Freeport LNG Basin to restrict marine traffic near the Freeport LNG terminal. The second rulemaking would establish moving security zones for certain vessels, including LNG vessels, bound for the Port of...
Analysts: Canaport LNG Terminal Could Serve as Key Trading Hub
Posted on Apr 29, 2009 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Analysts: Canaport LNG Terminal Could Serve as Key Trading Hub
Noting that the Sable Offshore Energy Project in Nova Scotia will be offline in the coming months, several industry analysts told Platts Gas Daily [subscription required] that they believe the Canaport LNG import terminal will emerge as a critical gas trading hub for the Northeastern United States owing to the terminal’s significant send-out capability and substantial storage...
Op-Ed Argues in Support of LNG Projects in Maine
Posted on Apr 29, 2009 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-Ed Argues in Support of LNG Projects in Maine
An op-ed written by Glenn Poole of the Industrial Energy Consumers Group, carried by the Bangor Daily News, states that as Maine often faces high natural gas price basis differentials, the state should develop additional sources of natural gas, including...
U.S. Coast Guard Seeking Comments on Proposed Rule Affecting Waterfront LNG Terminals
Posted on Apr 29, 2009 in Marine Regulation, Regas Terminals & Capacity | Comments Off on U.S. Coast Guard Seeking Comments on Proposed Rule Affecting Waterfront LNG Terminals
Yesterday’s Federal Register contained a notice of proposed rulemaking published by the U.S. Coast Guard for the purpose of harmonizing its regulations with FERC’s regulation of waterfront LNG import and export terminals. The proposed rule would make the submission of a Waterway Suitability Assessment by a project proponent mandatory under Coast Guard rules, thus...
Bill in Texas State House Proposes “Coastal Protection Fee” for LNG
Posted on Apr 28, 2009 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Bill in Texas State House Proposes “Coastal Protection Fee” for LNG
A bill proposed by Texas State Rep. Tommy Merritt (R-Longview) would impose a fee for the transfer of liquefied natural gas, as well as crude oil and petroleum products, to or from marine terminals in Texas. HB 4667 sets the fee at $0.25 per barrel of oil equivalent of liquefied natural gas and could affect shippers using the Freeport LNG terminal. Proceeds from this measure would go...
Debate Continues on Oregon Utility Siting Bill
Posted on Apr 28, 2009 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Debate Continues on Oregon Utility Siting Bill
The Oregonian provides an update on the increasingly heated debate surrounding HB 3058, a measure that would change the definition of “applicant” when defining what entities can apply for wetland removal or fill permits for land involved in utility projects. A spokesperson for Bradwood Landing LNG developer NorthernStar Natural Gas Inc. said yesterday that the bill is meant...