Weaver’s Cove Energy to Continue Examining Feasibility of Offshore Unloading Proposal
Posted on Jul 1, 2008 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Weaver’s Cove Energy to Continue Examining Feasibility of Offshore Unloading Proposal
Weaver’s Cove Energy President Ted Gehrig met with the Somerset, Mass., Conservation Commission to answer questions regarding the company’s investigation of the proposed site for offshore unloading of LNG in Mount Hope Bay after the Commission issued a cease-and-desist order for the company’s testing activities. According to Gehrig, the company is drilling borings...
Cheniere, JPMorgan Enter Domestic Marketing Agreement
Posted on Jun 30, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere, JPMorgan Enter Domestic Marketing Agreement
Late last week Cheniere Energy announced that its subsidiary, Cheniere Marketing, Inc., has entered into a domestic marketing agreement with JPMorgan Ventures Energy Corporation, a JPMorgan Chase & Co. subsidiary. Under the agreement, JPMorgan will purchase LNG delivered to Cheniere at its Sabine Pass LNG terminal and acquire a portion of Cheniere’s storage and regasification...
Sen. Mikulski “Very Disappointed” in U.S. Commerce Department’s Decision on Sparrows Point LNG
Posted on Jun 30, 2008 in Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Sen. Mikulski “Very Disappointed” in U.S. Commerce Department’s Decision on Sparrows Point LNG
Senator Barbara Mikulski (D-Md.) said in a press statement released last week that she is “very disappointed that Secretary Gutierrez did not uphold the State of Maryland’s decision against construction of an LNG facility at Sparrows Point.” She went on to reiterate her opposition to the...
Weaver’s Cove Energy To Continue Pursuing LNG Import Project
Posted on Jun 30, 2008 in Environmental, Regas Terminals & Capacity | Comments Off on Weaver’s Cove Energy To Continue Pursuing LNG Import Project
James Grasso, a representative for Weaver’s Cove Energy, told the Providence Journal that the company expects to continue developing the Weaver’s Cove LNG terminal and associated pipeline despite a decision by the U.S. Secretary of Commerce to sustain the Coastal Zone Management Act objections to the project, filed by the Commonwealth of...
Fall River Mayor Says Absence at Public Hearing on Weaver’s Cove LNG an “Oversight”
Posted on Jun 27, 2008 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Fall River Mayor Says Absence at Public Hearing on Weaver’s Cove LNG an “Oversight”
Fall River, Mass., Mayor Robert Correia told the Herald News that although neither he nor a representative from his office attended last night’s public meeting regarding the proposed Weaver’s Cove LNG import project, he remains committed to opposing the...
U.S. Secretary of Commerce Overrules Maryland’s CZMA Objections to Sparrows Point LNG Project
Posted on Jun 27, 2008 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on U.S. Secretary of Commerce Overrules Maryland’s CZMA Objections to Sparrows Point LNG Project
The Baltimore Sun reports that U.S. Secretary of Commerce Carlos Gutierrez has overruled the Coastal Zone Management Act (CZMA) objections of the State of Maryland to the Sparrows Point LNG terminal proposal. In July 2007, Maryland denied the project’s consistency with the state’s coastal zone management plan and project developer AES Corp. appealed the decision to the...