NATS: Repaired LNG Vessel Catalunya Spirit Back at Sea
Posted on Feb 26, 2008 in Regas Terminals & Capacity, Vessel Transportation | Comments Off on NATS: Repaired LNG Vessel Catalunya Spirit Back at Sea
In its LNG Week in Review, NATS reports that the Catalunya Spirit, the LNG vessel that reportedly lost propulsion off the Massachusetts coast last week, discharged its cargo at the Everett LNG terminal over the weekend, and now is back at sea. [Subscription...
Mississippi House Panel to Convene Hearing on Gulf LNG Tax Revenue Allocation
Posted on Feb 25, 2008 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Mississippi House Panel to Convene Hearing on Gulf LNG Tax Revenue Allocation
The Mississippi House Ways and Means Committee will hold a hearing tomorrow to consider the allocation of tax revenues from the Gulf LNG project. At issue is whether the Pascagoula School District should receive 100% of tax revenues from an ad valorem tax related to the project or if those revenues ought to be shared with three other surrounding districts. Read more in the Mississippi...
NEB Holds Hearing on Canaport LNG Import-Export License
Posted on Feb 25, 2008 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on NEB Holds Hearing on Canaport LNG Import-Export License
Canada’s National Energy Board convened a hearing last Thursday evening on Repsol’s application for an import-export license for the Canaport LNG terminal. According to the Telegraph-Journal (New Brunswick, Canada), one of ten locals in attendance complained that the license was a “done deal,” considering the Canaport LNG facilities and associated pipeline are...
Op-Ed: LNG to Cost California More than Domestic Gas Supplies
Posted on Feb 25, 2008 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-Ed: LNG to Cost California More than Domestic Gas Supplies
The Ventura County Star carried an op-ed last Friday arguing that despite the apparent willingness of the state Public Utilities Commission to begin importing LNG to California, two gas pipelines could provide cheaper gas supplies from Wyoming. The piece also contends that LNG will make California dependent on Indonesian and Russian gas...
Construction Begins on Gulf LNG Terminal
Posted on Feb 22, 2008 in Liquefaction, Regas Terminals & Capacity | Comments Off on Construction Begins on Gulf LNG Terminal
El Paso Corp. confirmed to Reuters that construction has begun on the Gulf LNG terminal, with targeted completion set for sometime in 2011. Reuters reports that Wood Mackenzie LNG analyst Frank Harris said that the Gulf LNG project is different from other U.S. LNG projects because “they’re part of an integrated [supply] chain back to Angola.” The Gulf LNG terminal,...
FERC Denies Rehearing in Elba Expansion
Posted on Feb 22, 2008 in Federal Regulation, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on FERC Denies Rehearing in Elba Expansion
The Commission issued an order Tuesday denying rehearing and granting reconsideration of Southern LNG, Inc.’s Elba Island expansion project (Elba III). Notably, FERC rejected charges by Marathon LNG that the Commission exceeded its statutory authority by approving rates related to the Section 3 expansion and violated FERC rules by the manner in which the rates were approved. FERC...