Analysis: As U.S. LNG Imports Decline, Cheniere Faces Difficult Financial Situation
Posted on May 30, 2008 in Financing, Regas Terminals & Capacity | Comments Off on Analysis: As U.S. LNG Imports Decline, Cheniere Faces Difficult Financial Situation
An analysis carried by the Houston Chronicle examines the challenging financial situation facing Cheniere Energy. The piece notes that Cheniere is considering options that include selling the company or selling the Sabine Pass LNG regasification...
Citing LNG Potential, Economist Predicts New Brunswick to Lead Canada in Export Growth
Posted on May 30, 2008 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Citing LNG Potential, Economist Predicts New Brunswick to Lead Canada in Export Growth
Peter Hall, deputy chief economist for Export Development Canada, said that he expects New Brunswick to experience a 20% growth in exports in 2009. Hall specifically noted that the Canaport LNG project will account for much of the province’s likely export growth. The New Brunswick Business Journal provides additional...
Editorial Criticizes Expenditures for Weaver’s Cove LNG Opposition
Posted on May 29, 2008 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Editorial Criticizes Expenditures for Weaver’s Cove LNG Opposition
An editorial carried by the Herald News (Fall River, Mass.) argues that the City of Fall River should budget less for its opposition to the proposed Weaver’s Cove LNG terminal, but notes that the City should not stop opposing the project...
LNG Opponents Protest Suez LNG Deepwater Port Proposed for Offshore Florida
Posted on May 29, 2008 in Regas Terminals & Capacity, State and Local Issues | Comments Off on LNG Opponents Protest Suez LNG Deepwater Port Proposed for Offshore Florida
Suez Energy hosted an informational meeting Wednesday night to offer details on its proposed Calypso LNG deepwater port project proposed for offshore Florida. According to the South Florida Sun-Sentinel, opponents of the LNG proposal from nearby communities protested the...
NorthernStar Files Response to Oregon’s Request for Bradwood Landing Supplemental DEIS
Posted on May 29, 2008 in Regas Terminals & Capacity, State and Local Issues | Comments Off on NorthernStar Files Response to Oregon’s Request for Bradwood Landing Supplemental DEIS
The Oregonian reports that NorthernStar Natural Gas Inc., the firm developing the proposed Bradwood Landing LNG terminal, has filed a response to the State of Oregon’s request that FERC issue a supplemental Draft Environmental Impact Statement for the project. The response is available in the FERC eLibrary under Docket No....
TransCanada CEO Says Gros Cacouna LNG Project Remains Viable
Posted on May 29, 2008 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on TransCanada CEO Says Gros Cacouna LNG Project Remains Viable
Speaking yesterday at the Canadian Club of Montreal, TransCanada Corp. CEO Hal Kvisle said that the Gros Cacouna LNG import project remains viable. However, Kvisle noted that construction and materials costs have increased, prompting the company to re-evaluate the project. According to the Montreal Gazette, Kvisle said that TransCanada is talking to major gas suppliers, including...