Anti-LNG Group Advises Investors to Abandon LNG Projects in Maine
Posted on Jan 18, 2008 in Canada & Mexico, Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Anti-LNG Group Advises Investors to Abandon LNG Projects in Maine
According to the Telegraph-Journal (New Brunswick, Canada), LNG opposition group Save Passamaquoddy Bay Canada argues that three regasification terminals proposed for Maine are not feasible because of a lack of Coast Guard resources and Canadian opposition to tanker traffic in Head Harbour Passage. The group’s chair told the Telegraph-Journal investors “are...
Connecticut Governor Requests Governor of New York Thoroughly Examine Broadwater LNG Proposal
Posted on Jan 18, 2008 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Connecticut Governor Requests Governor of New York Thoroughly Examine Broadwater LNG Proposal
Connecticut Gov. M. Jodi Rell (R) released a letter written to Gov. Eliot Spitzer (D-N.Y.) urging him to ensure that New York’s state agencies thoroughly examine the Broadwater LNG proposal. According to a report by Newsday, Gov. Spitzer has yet to take a public position on the Broadwater LNG proposal; one spokesperson noted that the “New York State Department of State...
Daily Letters to the Editor
Posted on Jan 18, 2008 in Canada & Mexico, Regas Terminals & Capacity, State and Local Issues | Comments Off on Daily Letters to the Editor
Powell River Peak (British Columbia, Canada) (opposed to WestPac LNG)
Fire Marshals Hold Informational Meeting for Residents Near Proposed Sparrows Point LNG Site
Posted on Jan 18, 2008 in Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Fire Marshals Hold Informational Meeting for Residents Near Proposed Sparrows Point LNG Site
The National Association of State Fire Marshals held an informational meeting for residents of communities near the Sparrows Point LNG site last weekend. The Dundalk Eagle (Md.) reports that the fire marshals offered technical information on LNG and discussed the potential risks associated with LNG regasification...
Ingleside LNG Seeks Start-Up Extension from FERC
Posted on Jan 18, 2008 in Federal Regulation, Markets and Competition, Regas Terminals & Capacity | Comments Off on Ingleside LNG Seeks Start-Up Extension from FERC
Ingleside LNG backer Occidental Petroleum Corp. (“Oxy”) has filed a Request for Extension of Time with FERC, asking them to extend the project’s start-up deadline from mid – 2008 to April 30, 2011. The filing is available in the FERC eLibrary under Docket No. CP05-13. Additionally, a report by Reuters cites market conditions and difficulties securing adequate...
TransCanada Chief Says Broadwater LNG Will Reduce Gas Price Volatility in New York
Posted on Jan 18, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on TransCanada Chief Says Broadwater LNG Will Reduce Gas Price Volatility in New York
Following a conference in Calgary, TransCanada CEO Hal Kvisle told Reuters that the proposed Broadwater LNG regasification terminal will help smooth the natural gas price spikes that can be caused by lack of supply during cold snaps. Kvisle noted that “[w]e’ve had $25 to $30 premiums in the New York market versus Henry Hub prices. That illustrates the incredible bottleneck...