Bloomberg: Costa Azul LNG Terminal Could Receive First Cargo Next Month
Posted on Mar 18, 2008 in Canada & Mexico, Regas Terminals & Capacity, Vessel Transportation | Comments Off on Bloomberg: Costa Azul LNG Terminal Could Receive First Cargo Next Month
Bloomberg predicts that Sempra’s Energia Costa Azul LNG terminal will receive its commissioning vessels next month. According to Bloomberg’s AISLive ship-tracking data, the first vessel will be the 145,700 cu m Bluesky LNG carrier on April 19, with the Q-Flex Al Safliya arriving soon thereafter. A spokesperson for Sempra, however, declined to confirm the timing or identity...
Freeport LNG Expects First Shipment in April
Posted on Mar 18, 2008 in Regas Terminals & Capacity | Comments Off on Freeport LNG Expects First Shipment in April
According to the Houston Chronicle, Freeport LNG expects to receive its first LNG cargo from Trinidad & Tobago’s Atlantic LNG in mid to late April. The company expects the terminal to be fully operational by June...
Interview with Broadwater Energy Project Director
Posted on Mar 18, 2008 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Interview with Broadwater Energy Project Director
Business New Haven offers an interview with Broadwater Energy’s regional project director, John Hritcko, in which Hritcko defends the proposed Broadwater LNG terminal project by focusing on the “bigger national picture.” Another report from Business New Haven describes the public relations campaign that Broadwater Energy project developer Shell Oil has begun as the...
Judge Denies SES LNG’s Request to Compel Completion of Environmental Assessment
Posted on Mar 18, 2008 in Litigation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Judge Denies SES LNG’s Request to Compel Completion of Environmental Assessment
A Los Angeles Superior Court judge denied a request by Sound Energy Solutions LNG to compel the Port of Long Beach to complete its Environmental Impact Report on the company’s proposed Long Beach LNG project. Judge James Chalfant told SES that the Port of Long Beach had the “right to make that call,” and suspend the environmental assessment of the project. Read more...
Sabine Pass LNG Receives “BB” Credit Rating
Posted on Mar 18, 2008 in Financing, Regas Terminals & Capacity | Comments Off on Sabine Pass LNG Receives “BB” Credit Rating
Standard & Poor’s Ratings Services gave Sabine Pass LNG LP a “BB” credit rating, coupled with a stable outlook, in its annual review. S&P noted that cost overruns during the final stages of construction could result in a lower credit rating. Forbes provides...
U.S. Electricity Prices Could See Greater Link to Crude Oil Price Levels as LNG Imports Rise
Posted on Mar 18, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on U.S. Electricity Prices Could See Greater Link to Crude Oil Price Levels as LNG Imports Rise
In a piece examining the status of the regulatory review process for the Broadwater LNG terminal proposal, U.S. News and World Report states that Steven Specker, president and chief executive of the Electric Power Research Institute, predicted that the price of electricity and crude oil could become increasingly linked as LNG accounts for a greater percentage of U.S. natural gas...