Sempra May Expand Costa Azul LNG Capacity
Posted on Jun 12, 2007 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Sempra May Expand Costa Azul LNG Capacity
Sempra Energy is seeking the permits necessary to more than double the capacity of its Costa Azul LNG facility, though no final decision on when or whether to expand the terminal has been made. A senior executive told Reuters that Chevron’s decision to forgo plans for another terminal off the coast of Baja California “adds value” to the Costa Azul...
Oregon LNG Proposes Pipeline Related to LNG Terminal in Oregon
Posted on Jun 11, 2007 in Pipelines, Regas Terminals & Capacity | Comments Off on Oregon LNG Proposes Pipeline Related to LNG Terminal in Oregon
Oregon LNG has proposed a 117-mile natural gas pipeline to traverse six counties in Oregon, running from Oregon LNG’s proposed regasification terminal at the mouth of the Columbia River to a main pipeline near Molalla, Ore. Construction is anticipated to begin in 2009 and the completed pipeline would have a capacity of 1.5 Bcf/d. The Associated Press has details (via Oregon...
Study Simulates LNG Tanker Traversing Head Harbour Passage
Posted on Jun 11, 2007 in Canada & Mexico, Regas Terminals & Capacity, Safety & Security, Vessel Transportation | Comments Off on Study Simulates LNG Tanker Traversing Head Harbour Passage
The Telegraph-Journal (New Brunswick, Canada) reports that the results of a series of computer simulations of LNG carriers traversing the Head Harbour Passage suggest it may be possible for LNG ships to move through the channel safely. The study, performed by Marine Safety International and paid for by Downeast LNG, collected data on 25 simulated voyages over a span of five days and...
Weaver’s Cove Opponents Challenge FERC Decision in Court
Posted on Jun 11, 2007 in Federal Regulation, Litigation, Regas Terminals & Capacity, Safety & Security, State and Local Issues, Vessel Transportation | Comments Off on Weaver’s Cove Opponents Challenge FERC Decision in Court
Opponents of the Weaver’s Cove LNG project argued Friday before a federal appeals court against FERC’s decision to approve the project. Attorneys for the opponents argued that FERC should have revisited its decision when Weaver’s Cove Energy decided to use smaller vessels and receive cargos more frequently after a federal law prohibited the use of public funds to...
Maryland Commission Approves Prohibition on LNG Facilities in Sensitive Coastal Areas
Posted on Jun 8, 2007 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Maryland Commission Approves Prohibition on LNG Facilities in Sensitive Coastal Areas
The Baltimore Sun reports that Maryland’s Critical Areas Commission approved a measure Wednesday that prohibits LNG facilities from being built in environmentally sensitive coastal areas. The legislation was passed by the Baltimore County Council in February, but incorporating it into the Coastal Zone Management Plan required approval from the Critical Areas Commission. [Free...
Panel: Early Investors Have Advantage as LNG Construction Costs Soar
Posted on Jun 8, 2007 in Financing, Markets and Competition, Regas Terminals & Capacity | Comments Off on Panel: Early Investors Have Advantage as LNG Construction Costs Soar
A panel of LNG executives at the Citi Power, Gas, and Utilities Conference in Charleston, S.C., indicated that while the LNG investment climate remains strong, particular advantages may accrue to companies that invested early. Sempra CFO Mark Snell said, “The facilities we have under construction, and others under way, definitely have a cost advantage to any new...