Anadarko Petroleum Mothballs Bear Head LNG Terminal Project in Nova Scotia
Posted on Feb 8, 2007 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Anadarko Petroleum Mothballs Bear Head LNG Terminal Project in Nova Scotia
Anadarko Petroleum CFO Al Walker told financial analysts Tuesday that it has written off its investment in the Bear Head LNG project in Cape Breton, Nova Scotia. Having struggled to secure natural gas supply for the terminal, the company is in the process of mothballing the project, which was already under construction and due to open in 2008. Strait Area Chamber of Commerce president...
Kennedy Clarifies Stance on Cabrillo Port LNG Terminal
Posted on Feb 8, 2007 in Environmental, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Kennedy Clarifies Stance on Cabrillo Port LNG Terminal
Robert F. Kennedy, Jr., president of the Waterkeeper Alliance environmental group of which Ventura Coastkeeper is a member, told the Malibu Surfside News in an interview published today that while he still supports LNG, “I have not endorsed … the Cabrillo Port project[, which] has all kinds of problems that I think may be fatal to it.” Earlier in the week, Kennedy...
Maryland Files Report with FERC Criticizing Proposed Sparrows Point LNG Terminal
Posted on Feb 8, 2007 in Federal Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Maryland Files Report with FERC Criticizing Proposed Sparrows Point LNG Terminal
The Maryland Department of Natural Resources yesterday submitted a 90-page report to FERC that concludes that the proposed Sparrows Point LNG terminal fails to satisfy the state’s interpretation of “remote siting,” as the term is used in the Natural Gas Act to describe state and local safety concerns to be considered in consultation with the state. Along with the...
NorthernStar CEO Discusses LNG Vessel Transit
Posted on Feb 8, 2007 in Marine Regulation, Regas Terminals & Capacity, Safety & Security, State and Local Issues, Vessel Transportation | Comments Off on NorthernStar CEO Discusses LNG Vessel Transit
During a meeting on Monday with the Astoria Rotary Club, NorthernStar Natural Gas’ chief executive officer William “Si” Garrett commented on his company’s expectations regarding the U.S. Coast Guard’s Waterway Suitability Assessment for the proposed Bradwood Landing LNG terminal. Garrett said that his company expects the federal agency to find that the LNG...
Passamaquoddy Tribe Claims Quoddy Bay LNG Owes $500k
Posted on Feb 8, 2007 in Financing, Regas Terminals & Capacity, State and Local Issues | Comments Off on Passamaquoddy Tribe Claims Quoddy Bay LNG Owes $500k
Passamaquoddy Chief Rick Doyle interprets the Tribe’s land-lease agreement with Quoddy Bay LNG, developer of a regas terminal at Pleasant Point, Maine, such that the company should have started making quarterly payments in December 2005. Quoddy Bay LNG Project Manager Brian Smith agreed Tuesday that they owe the tribe money, but maintained that payment is not due until the Tribe...
Energia Costa Azul LNG Terminal on Target for Early 2008 Start-Up
Posted on Feb 7, 2007 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Energia Costa Azul LNG Terminal on Target for Early 2008 Start-Up
Sempra Energy’s Energia Costa Azul LNG terminal is 70% complete and is expected to commence operations early next year, according to Michael Sliwowski, Sempra LNG’s U.S. vice president for client relations. Sempra, which is sharing capacity at the site with Royal Dutch Shell, has an agreement with BP to supply half of the terminal’s capacity from its Tangguh project...