Activists Urge Gov. Spitzer to Oppose Broadwater LNG Terminal
Posted on Jun 13, 2007 in Environmental, Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Activists Urge Gov. Spitzer to Oppose Broadwater LNG Terminal
Newsday reports that anti-Broadwater activists met with legislators and the state’s deputy secretary for the environment in Albany, N.Y., yesterday to urge opposition to the proposed terminal. New York Governor Eliot Spitzer (D) acknowledged that he had heard their message and remained undecided. Gov. Spitzer told the press, “[w]hat you look at, at the end of the day, is...
LNG Legislation May Inadvertently Contribute to California Supply Crunch
Posted on Jun 13, 2007 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on LNG Legislation May Inadvertently Contribute to California Supply Crunch
World Gas Intelligence analyzes from a market perspective the pending legislation in California that would require a needs assessment for LNG imports before any new LNG terminals or pipelines could be approved. WGI suggests that LNG imports will be needed to sustain California’s energy market, citing diminished supplies from Canada and the expected price hike on natural gas from...
Market Experts: Future Access to LNG Imports in American Market Unclear
Posted on Jun 13, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Market Experts: Future Access to LNG Imports in American Market Unclear
Debating at the LDC Forum Northeast, LNG analysts and market experts disagreed on the overall impact of increasing LNG infrastructure and supplies to the U.S. market. Some experts believe that expanding regasification infrastructure will provide greater access to LNG supplies in the global market, though others disagreed, claiming that U.S. LNG buyers would be consistently outbid by...
Rhode Island Legislation Seeks to Distribute Weaver’s Cove Emergency Management Plan Approval Authority
Posted on Jun 13, 2007 in Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Rhode Island Legislation Seeks to Distribute Weaver’s Cove Emergency Management Plan Approval Authority
The Rhode Island House Committee on Municipal Government approved House Bill No. 6482, which would require any proposed emergency management plan for the Weaver’s Cove LNG terminal to receive approval from the state’s General Assembly, as well as all seven coastal communities that border the proposed tanker route, in order to be implemented. According to the bill’s...
Sempra Signs LNG Supply Deal for Indonesian Gas
Posted on Jun 13, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Sempra Signs LNG Supply Deal for Indonesian Gas
The Tangguh project, operated by BP Indonesia, will supply Sempra Energy’s half-share of the Costa Azul LNG regasification terminal under construction in Baja California, Mexico, the San Diego Union-Tribune reports. Sempra will depend on other suppliers for the period between the scheduled openings of Costa Azul in February 2008 and Tangguh in...
NATS: Supply Disruption Underscores Importance of Underground Storage
Posted on Jun 12, 2007 in Regas Terminals & Capacity, Storage, Vessel Transportation | Comments Off on NATS: Supply Disruption Underscores Importance of Underground Storage
NATS reports that the Lake Charles LNG terminal shut down operations for a few hours Saturday due to a supply disruption caused by a ship’s late arrival. NATS comments that this disruption illustrates the narrow margin for error faced by terminals and highlights the importance of using underground storage to manage a long supply chain. See the NATS Data Pack Report for further...