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Excelerate Energy Plans to Start Construction of Aguirre GasPort in Puerto Rico by Second Half of 2013

A spokesperson for Excelerate Energy told Business News Americas that the company hopes to begin installing the Aguirre GasPort offshore Puerto Rico by the second half of 2013.

Despite Market Challenges, Canaport LNG Maintains Utilization Rate Above Industry Average

CBC News reports that, although utilization rates are as low as 5% at other North American LNG import facilities, Canaport LNG is operating at approximately 30% of its capacity. An industry analyst noted that the facility’s utilization rate has been buoyed by a monthly LNG cargo delivery from...

European LNG Headlines

Gas From Northern Norway to Travel Through Northern Sea Route This Summer (Barents Observer)

Gloucester Fishing Preservation Fund Distributes LNG Project Mitigation Funds to Southern Mass. Fishing Communities

The Gloucester Times reports that nearly $2 million in mitigation funding has been distributed from the Gloucester Fishing Community Preservation Fund to other fishing community development funds in southern Massachusetts. The distributed money was part of a $12 million fund to mitigate the local economic impacts from the Northeast Gateway and Neptune LNG deepwater...

European LNG Headlines

Supporters of Shannon LNG “Confident” After Meeting With Irish Government Officials (The Kerryman)

FERC Sets Comment Date for Freeport LNG Liquefaction Application

FERC has set a comment date of January 11, 2012, for parties interested in commenting on the application submitted last month by Freeport LNG seeking to install liquefaction and export facilities at its existing LNG terminal. Find further details in the Federal Register. In a separate action, FERC granted Freeport LNG a one-year extension to complete its modification of the existing...

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