Oregon LNG Files Formal Project Application with FERC
Posted on Oct 13, 2008 in Federal Regulation, Regas Terminals & Capacity | Comments Off on Oregon LNG Files Formal Project Application with FERC
Oregon LNG announced Friday afternoon that it has filed its formal application at FERC to construct and operate an LNG regasification terminal. Oregon LNG CEO Peter Hansen said in a press statement that the “formal application is important because it further demonstrates the feasibility of our project.” Platts LNG Daily [subscription required] provides additional...
Developers Backing Two Oregon LNG Projects Say They Are Not Interested in Exporting LNG
Posted on Oct 10, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Developers Backing Two Oregon LNG Projects Say They Are Not Interested in Exporting LNG
Developers backing the Oregon LNG and Bradwood Landing LNG projects both told the Hillsboro Argus (Ore.) that their respective projects are unlikely to ever export LNG, noting that the short-term price spread between North American and Asian natural gas prices does not necessarily predict long-term market...
TORP Withdraws Bienville LNG Deepwater Port Application
Posted on Oct 10, 2008 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on TORP Withdraws Bienville LNG Deepwater Port Application
TORP announced yesterday that it is withdrawing its application to construct the Bienville LNG Deepwater Port terminal off the coast of Alabama after Governor Bob Riley (R) expressed concern about the environmental impacts of the project’s open loop vaporization system. It is unclear at this time whether TORP will resubmit its application with measures to address Governor...
BP Suspends Crown Landing LNG Project
Posted on Oct 9, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on BP Suspends Crown Landing LNG Project
Citing global market conditions, BP announced yesterday that it is suspending plans to construct and operate the Crown Landing LNG import terminal proposed for the New Jersey side of the Delaware River. A BP spokesperson said the price of LNG in Asian markets was the “overriding factor” in the decision, but the company would retain ownership of the property slated to be...
MARAD, USCG Question NMFS’s Conclusions on TORP Bienville LNG Project
Posted on Oct 9, 2008 in Environmental, Regas Terminals & Capacity | Comments Off on MARAD, USCG Question NMFS’s Conclusions on TORP Bienville LNG Project
The Associated Press (carried via Al.com) reports that the Maritime Administration (MARAD) and the U.S. Coast Guard issued a letter questioning the National Marine Fisheries Service’s (NMFS) conclusions regarding potential effects on aquatic life near the proposed TORP Bienville LNG import project site. NMFS cited these potential effects in its recommendation that MARAD deny the...
Analysis Examines Market Conditions Facing North American LNG Project Developers
Posted on Oct 8, 2008 in Canada & Mexico, Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Analysis Examines Market Conditions Facing North American LNG Project Developers
Clearing Up [subscription required] provides an analysis of the market conditions facing developers of North American LNG projects. The piece examines the proposed Kitimat LNG terminal project, which recently announced it would change its project design from an LNG import facility to an LNG export...