Cabrillo Port Terminal’s Future Uncertain
Posted on May 3, 2007 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Cabrillo Port Terminal’s Future Uncertain
The Malibu Surfside News reports on the status of BHP Billiton’s proposed Cabrillo Port terminal following two adverse decisions by California state agencies. The article also offers details about NorthernStar’s Clearwater Port and Woodside’s Oceanway...
FERC Clarifies Role of States in LNG Terminal Review Process
Posted on May 3, 2007 in Federal Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on FERC Clarifies Role of States in LNG Terminal Review Process
In a letter to The Daily Astorian, Andy Black, the Director of External Affairs at FERC, asserts that “the Energy Policy Act of 2005 did not alter the important role of state authorities in reviewing proposed liquefied natural gas terminals.” Black explains that a state may exercise its federally delegated authority under the U.S. Coastal Zone Management Act, the Clean Air...
Maine Energy Official Skeptical that LNG Would Ease Gas Prices
Posted on May 3, 2007 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Maine Energy Official Skeptical that LNG Would Ease Gas Prices
The chairman of the Maine Public Utilities Commission, Kurt Adams, does not expect long-term relief from high energy costs as a result of building an LNG regasification terminal in Maine. Saying that “Maine can do virtually nothing to control world commodity markets,” Adams encouraged conservation and development of “renewable, indigenous [energy] resources.”...
Mass. Governor Supports LNG, Opposes Weaver’s Cove
Posted on May 3, 2007 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Mass. Governor Supports LNG, Opposes Weaver’s Cove
Governor Deval Patrick (D) reiterated his opposition to the Weaver’s Cove LNG terminal at a town hall meeting last night in Fall River, Mass. However, Gov. Patrick drew a distinction between opposing the proposed site of the terminal and opposing LNG generally, saying, “[B]ecause I’m against Weaver’s Cove does not mean I’m against LNG.” The Herald...
Cypress Pipeline Online, Additional Capacity Planned
Posted on May 2, 2007 in Markets and Competition, Pipelines, Regas Terminals & Capacity | Comments Off on Cypress Pipeline Online, Additional Capacity Planned
El Paso Corporation’s Cypress Pipeline, connecting the Elba Island LNG terminal in Georgia to consumers in Florida went into operation yesterday as scheduled. Reuters reports that Phase 2 of the project will begin operations in May 2008, adding 116 mmcf/d of capacity, and Phase 3 will be completed in May 2010, adding 164...
Experts: LNG Imports Will Not Eliminate U.S. Price Volatility
Posted on May 2, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Experts: LNG Imports Will Not Eliminate U.S. Price Volatility
Speakers at the Canadian Enerdata GasFair PowerFair conference in Toronto predict that increased regasification capacity in the Atlantic basin over the next few years will encourage arbitrage, and is unlikely to reduce price volatility in the U.S. natural gas market. Platts LNG Daily provides further coverage. [Subscription...