EIA Estimates 35% Increase in LNG Imports Over 2006
Posted on Dec 12, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on EIA Estimates 35% Increase in LNG Imports Over 2006
In its Short-Term Energy Outlook released yesterday, the EIA estimated that U.S. LNG imports for 2007 will total approximately 790 Bcf, a 35% increase over last year’s total. The Outlook predicts a total import volume of 940 Bcf for 2008 based on expanded global liquefaction capacity, but cautions that project delays or market conditions “could temper the number of...
ExxonMobil Announces LNG Regas Terminal for Offshore New Jersey
Posted on Dec 12, 2007 in Regas Terminals & Capacity | Comments Off on ExxonMobil Announces LNG Regas Terminal for Offshore New Jersey
Yesterday ExxonMobil made public its BlueOcean Energy project, a proposal to build a floating regasification terminal approximately 20 miles off the coast of New Jersey and 30 miles south of Long Island. As currently contemplated, BlueOcean Energy has a designed capacity of 1.2 Bcf/d. Ron Billings, Exxon’s vice president of global LNG, told the New York Times that the...
FERC Officials Tour Jordan Cove LNG Site
Posted on Dec 12, 2007 in Federal Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on FERC Officials Tour Jordan Cove LNG Site
Yesterday FERC officials joined local residents in a tour of the site proposed for the Jordan Cove LNG import terminal. One FERC official told KCBY News that by his estimation, Jordan Cove LNG is approximately one third of the way through the regulatory review process, leaving ample time for public comment on the...
Local Residents Plan Protest Against Pipeline Proposal
Posted on Dec 12, 2007 in Pipelines, Regas Terminals & Capacity, State and Local Issues | Comments Off on Local Residents Plan Protest Against Pipeline Proposal
Local residents opposed to the Bradwood Landing LNG import terminal and the Palomar natural gas pipeline proposed for northwestern Oregon are planning a rally today to protest the development of these facilities. Read more in the Hillsboro Argus...
Safe Harbor Energy Developers Appeal Adjacent Coastal State Status Granted to New Jersey
Posted on Dec 12, 2007 in Federal Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Safe Harbor Energy Developers Appeal Adjacent Coastal State Status Granted to New Jersey
The Atlantic Sea Island Group, a group of investors developing the Safe Harbor Energy LNG regasification terminal, has appealed MARAD’s decision to grant adjacent coastal state status to New Jersey during the project’s regulatory approval process. According to the Aberdeen Independent (N.J.), several environmental groups have voiced opposition to this appeal. Julie...
Proposed Pipeline Connecting Rockies Express to Northeastern Markets may Transport LNG from the Gulf
Posted on Dec 11, 2007 in Pipelines, Regas Terminals & Capacity | Comments Off on Proposed Pipeline Connecting Rockies Express to Northeastern Markets may Transport LNG from the Gulf
Tennessee Gas Pipeline and Equitable Resources announced yesterday that they are jointly pursuing the Northeast Passage Project, a gas pipeline proposed to connect the terminus of the Rockies Express Pipeline to markets in the northeastern United States. The pipeline is expected also to transport regasified LNG from terminals in the Gulf region to the Northeast. The two companies...