Op-Ed: National Interest, Sovereignty Principal Concerns in Passamaquoddy Bay LNG Terminal Process
Posted on Feb 23, 2009 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Op-Ed: National Interest, Sovereignty Principal Concerns in Passamaquoddy Bay LNG Terminal Process
An op-ed carried by the Telegraph-Journal (New Brunswick, Canada) last Friday argues that Canada’s national interest and sovereignty will ultimately determine the fate of the three LNG import terminals proposed for the Passamaquoddy Bay...
Parties Seek Rehearing of FERC’s Decision in the AES Sparrows Point LNG Proceeding
Posted on Feb 20, 2009 in Federal Regulation, Regas Terminals & Capacity | Comments Off on Parties Seek Rehearing of FERC’s Decision in the AES Sparrows Point LNG Proceeding
The Baltimore Sun provides coverage of the numerous parties that have sought rehearing of FERC’s conditional approval of the AES Sparrows Point LNG import project. A FERC spokesperson told the Sun that “[t]he number of appeals is not at all unusual, given the interest in this issue.” Filings are available in the Commission’s eLibrary under FERC Docket...
Cheniere CEO Expects 20-60 LNG Cargos Delivered to Sabine Pass LNG Terminal in 2009
Posted on Feb 19, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere CEO Expects 20-60 LNG Cargos Delivered to Sabine Pass LNG Terminal in 2009
Charif Souki, CEO of Cheniere Energy, told Reuters on Wednesday that he expects 20 to 60 LNG cargos will be delivered to the company’s Sabine Pass LNG terminal in 2009. Souki also noted that the expansion of the Sabine Pass LNG facility is 88 percent complete and will begin operations in September...
Consulting Firm Files Suit Against Quoddy Bay LNG
Posted on Feb 19, 2009 in Litigation, Regas Terminals & Capacity | Comments Off on Consulting Firm Files Suit Against Quoddy Bay LNG
The Bangor Daily News reports that engineering consulting firm Coler & Colantonio Inc. has filed a lawsuit against Quoddy Bay LNG seeking unpaid fees and other costs for drafting documents used in Quoddy Bay LNG’s filings with FERC. According to the Daily News, the suit alleges that “Quoddy Bay is thinly capitalized, and may be...
Fla. Gov. Announces Opposition to Calypso LNG Deepwater Port Project
Posted on Feb 19, 2009 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Fla. Gov. Announces Opposition to Calypso LNG Deepwater Port Project
Governor Charlie Crist (R-Fla.) pledged yesterday to oppose the proposed Calypso LNG deepwater port planned 10 miles off the coast of Fort Lauderdale, Fla., noting that he believes the project is “already in bed. It’s gone.” Read more in the Miami...
Op-Ed : Repsol’s Purchase of Nova Scotia Gas May Allow Greater Flexibility for Canaport LNG Terminal
Posted on Feb 19, 2009 in E&P, Markets and Competition, Regas Terminals & Capacity | Comments Off on Op-Ed : Repsol’s Purchase of Nova Scotia Gas May Allow Greater Flexibility for Canaport LNG Terminal
An op-ed carried by the Chronicle Herald (Nova Scotia, Canada) argues that Repsol’s recent purchase of natural gas produced from an offshore Nova Scotia field could allow greater flexibility for the company’s Canaport LNG terminal. The piece says that these nearby gas supplies would ensure that Repsol’s obligations to supply gas would be honored in the event that LNG...