Trunkline LNG Terminal to Shutdown for Upgrades
Posted on Apr 21, 2008 in Regas Terminals & Capacity | Comments Off on Trunkline LNG Terminal to Shutdown for Upgrades
The Trunkline LNG terminal in Lake Charles, La., will halt commercial operations on May 22 to begin planned upgrades. Platts LNG Daily [subscription required] reports that the shutdown is expected to last until mid-June and is unlikely to substantially affect the U.S. LNG...
Cheniere Stock Drops Amid Cash Flow Concerns
Posted on Apr 18, 2008 in Financing, Regas Terminals & Capacity | Comments Off on Cheniere Stock Drops Amid Cash Flow Concerns
Bloomberg News (carried via the Houston Chronicle) reports that shares of Cheniere Energy continue to lose value, including a 16% drop yesterday, on fears that the company may not be able to finance its debt given a dearth of LNG cargos expected at its planned and existing terminals, including Sabine...
Constellation Secures Interim Capacity at Freeport LNG
Posted on Apr 18, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Constellation Secures Interim Capacity at Freeport LNG
Constellation Energy has signed an agreement with Freeport LNG to acquire interim capacity at the terminal, which is expected to begin commercial operations in June 2008. LNG Unlimited [subscription required] has full...
Sparrow’s Point Safety and Security Meeting Planned
Posted on Apr 18, 2008 in Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Sparrow’s Point Safety and Security Meeting Planned
An Office of Homeland Security official will speak at a community meeting next Tuesday regarding safety and security issues associated with the proposed Sparrows Point LNG terminal, the Baltimore Sun...
Weaver’s Cove to Present LNG Offloading Plan at Meeting
Posted on Apr 18, 2008 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Weaver’s Cove to Present LNG Offloading Plan at Meeting
On Wednesday, April 23, Weaver’s Cove Energy officials will present publicly their proposed LNG tanker offloading plan at a Mount Hope Bay, Mass., Board of Selectmen meeting. The revised plan calls for LNG to be transported four miles by pipeline from Mount Hope Bay to storage tanks in Fall River rather than being unloaded in Fall River, a plan that the Coast Guard determined to...
DEIS Available for Port Dolphin LNG Deepwater Port
Posted on Apr 17, 2008 in Environmental, Federal Regulation, Regas Terminals & Capacity | Comments Off on DEIS Available for Port Dolphin LNG Deepwater Port
In today’s Federal Register, the Maritime Administration and the U.S. Coast Guard announced the availability of the Draft Environmental Impact Statement (DEIS) for the Port Dolphin LNG deepwater port. A public meeting will be held in Palmetto, Fla., on May 6, 2008, and public comments on the DEIS are due by June 2, 2008. The DEIS should soon be available on the Regulations.gov...