Connecticut Scientists Critical of Broadwater FEIS
Posted on Feb 27, 2008 in Environmental, Federal Regulation, Regas Terminals & Capacity | Comments Off on Connecticut Scientists Critical of Broadwater FEIS
Marine scientists from the University of New Haven and the University of Connecticut told a state task force that the Final Environmental Impact Statement (FEIS) issued by FERC on the Broadwater LNG proposal contains “information holes and missteps” and that the agency “misinterpreted [its] own data.” Peter Auster, an associate professor at the University of...
Report Issued by Environmental Group Critical of West Coast LNG Projects
Posted on Feb 27, 2008 in Environmental, Markets and Competition, Regas Terminals & Capacity | Comments Off on Report Issued by Environmental Group Critical of West Coast LNG Projects
The Ventura County Star reports that several environmental groups released a report entitled “Collision Course: How Imported Liquefied Natural Gas Will Undermine Clean Energy in California” which argues against LNG projects proposed for the U.S. West Coast. The report cites economic, environmental, and domestic supply issues as reasons for not investing in LNG...
Sempra Announces Delayed Start-Up for Costa Azul LNG
Posted on Feb 27, 2008 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Sempra Announces Delayed Start-Up for Costa Azul LNG
Citing “[v]arious construction-related matters,” Sempra Energy announced yesterday that completion of the Energia Costa Azul terminal could be delayed by up to two months. A Sempra spokesperson noted that the company has already purchased two LNG cargos to be used to commission the LNG terminal. Bloomberg provides additional...
Cheniere “Evaluating Strategic Options” for Sabine Pass Terminal
Posted on Feb 26, 2008 in Financing, Regas Terminals & Capacity | Comments Off on Cheniere “Evaluating Strategic Options” for Sabine Pass Terminal
Cheniere Energy announced yesterday that it is assessing strategic options to enhance shareholder value at its Sabine Pass LNG terminal, and has chosen Credit Suisse to serve as its financial advisor during the process. “We do not believe that our current market valuation is reflective of the true value of this unique asset, and we are therefore exploring options to enhance value...
Connecticut Attorney General: New York State Should Reject Broadwater LNG Proposal
Posted on Feb 26, 2008 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Connecticut Attorney General: New York State Should Reject Broadwater LNG Proposal
In an op-ed carried by Newsday, Connecticut Attorney General Richard Blumenthal urges the state of New York to reject the proposed Broadwater LNG project in favor of other regional LNG projects also under consideration, including BlueOcean Energy, Crown Landing LNG, and Safe Harbor Energy. Blumenthal contends that “[s]ince federal approval [for Broadwater] is nearly certain, the...
Hearing to Compel Environmental Review of Sound Energy Solutions LNG Proposal Set for March
Posted on Feb 26, 2008 in Litigation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Hearing to Compel Environmental Review of Sound Energy Solutions LNG Proposal Set for March
Sound Energy Solutions (SES) filed data responses at FERC last week that include a status update on its efforts to gain site control for the proposed SES LNG terminal. The filing also contains a brief in support of SES’ Petition for Writ of Mandate, originally filed in the Superior Court of California in February 2007, to compel the Port of Long Beach and the Board of Harbor...