Dow Chemical Anticipates Greater Liquefaction Capacity Worldwide
Posted on Jun 6, 2007 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Dow Chemical Anticipates Greater Liquefaction Capacity Worldwide
The CEO of Dow Chemical Company, Andrew Liveris, announced that Dow would wait to secure long-term supply contracts for its stake in the Freeport LNG terminal until additional LNG liquefaction facilities come online. Liveris told Reuters that after early 2008 Dow will be able to take advantage of a supply-demand imbalance in LNG, which he predicts will occur as a result of more...
MEBA to Supply Mariners to Armada for LNG Operations
Posted on Jun 6, 2007 in Regas Terminals & Capacity, Vessel Transportation | Comments Off on MEBA to Supply Mariners to Armada for LNG Operations
The Marine Engineers’ Beneficial Association announced yesterday that it has signed an agreement with Armada Companies, LLC, to supply Person-In-Charge (PIC) marine officers to Armada for American deepwater ports, as well as for LNG terminals located around the world. Through a related contract between Armada and Skaugen Petro Trans Offshore, American merchant mariners will serve...
Repsol Official Confident Canaport will Secure Supply
Posted on Jun 6, 2007 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Repsol Official Confident Canaport will Secure Supply
Repsol Energy Canada vice president Denis Marcoux told The Chronicle Herald that he is confident the Canaport LNG project will secure supply, despite challenges faced by competing projects in securing long-term LNG supply contracts. “It’s just a question for [project] promoters to convince a supply country that their project is viable,” Marcoux explained. He predicted...
FERC Denies Canadian Province’s Request to Suspend LNG Review
Posted on Jun 5, 2007 in Canada & Mexico, Environmental, Federal Regulation, Regas Terminals & Capacity, Vessel Transportation | Comments Off on FERC Denies Canadian Province’s Request to Suspend LNG Review
FERC ordered that application reviews can continue for the Quoddy Bay and Downeast LNG terminal proposals on the Maine side of Passamaquoddy Bay. New Brunswick argued that because the Canadian federal government declared that LNG carriers would be prohibited from using Canadian waters to reach the terminals, FERC ought to halt its permit review process. FERC “recognize[d] that...
Mass. DEP Pauses Weaver’s Cove Review Pending Coast Guard Approval
Posted on Jun 5, 2007 in Environmental, Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Mass. DEP Pauses Weaver’s Cove Review Pending Coast Guard Approval
The Associated Press (via Boston Globe) reports that the Massachusetts Department of Environmental Protection will suspend its review of the Weaver’s Cove LNG project because of navigational safety, security, and environmental concerns raised by the U.S. Coast Guard. MassDEP’s acting commissioner stated that “[w]hile preliminary in nature, the substance and outcome of...
Bill Would Create Temporary Commission to Examine Broadwater Project
Posted on Jun 4, 2007 in Policy, Legislation and Politics, Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Bill Would Create Temporary Commission to Examine Broadwater Project
Three New York state legislators have introduced S5894 , a bill that would create a temporary state commission to investigate the fiscal impact of the Broadwater LNG terminal on surrounding communities, including projected additional costs to those communities for law enforcement and emergency responders. Broadwater’s senior vice president responded to the bill in a statement,...