Report: New LNG Terminals and Other Infrastructure Projects will Change Gas Flows and Prices
Posted on Mar 26, 2008 in Markets and Competition, Pipelines, Regas Terminals & Capacity, State and Local Issues | Comments Off on Report: New LNG Terminals and Other Infrastructure Projects will Change Gas Flows and Prices
Consulting firm Bentek Energy released a report yesterday predicting increased volatility in the U.S. natural gas market over the next two years as infrastructure projects, including LNG import facilities, come online. The report predicts that excess pipeline and storage capacity will divert gas from existing pipelines, changing downstream prices, and that LNG imports in the Gulf...
Connecticut A.G. Pledges to Appeal FERC Decision on Broadwater LNG Proposal
Posted on Mar 25, 2008 in Federal Regulation, Litigation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Connecticut A.G. Pledges to Appeal FERC Decision on Broadwater LNG Proposal
Richard Blumenthal, the Democratic Attorney General of Connecticut, plans to appeal FERC’s decision to issue conditional approval for the Broadwater Energy LNG import project. He said in a statement, “I will fight this project at every agency and in every court up to the U.S. Supreme Court, if necessary.” Platts LNG Daily offers additional details [subscription...
Local Democratic Committee Votes to Oppose Jordan Cove LNG Project
Posted on Mar 25, 2008 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Local Democratic Committee Votes to Oppose Jordan Cove LNG Project
The Coos Bay World (Ore.) reports that the Coos County Democratic Central Committee voted recently to oppose the proposed Jordan Cove LNG regasification project. The Committee cited inadequate FERC review of demand for natural gas and possible commercial and environmental harm as reasons for its opposition, and claimed that the terminal would not help Oregon meet its goal of generating...
Local Groups Opposed to Bradwood Landing Gas Pipeline Support Referendum
Posted on Mar 25, 2008 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Local Groups Opposed to Bradwood Landing Gas Pipeline Support Referendum
The Willamette Week (Ore.) reports that several local groups opposed to the gas pipeline associated with the proposed Bradwood Landing LNG facility — including the Northwest Property Rights Group, Columbia Riverkeeper, and the Columbia River Business Alliance — are seeking a referendum on an amendment passed by the Clatsop County commissioners. The amendment allows gas...
County Grants Final Approval of Land-Use Application for Bradwood Landing LNG Proposal
Posted on Mar 24, 2008 in Regas Terminals & Capacity, State and Local Issues | Comments Off on County Grants Final Approval of Land-Use Application for Bradwood Landing LNG Proposal
Late last week, the Clatsop County (Ore.) Board of Commissioners voted 4-1 to approve, with conditions, the land-use application for the proposed Bradwood Landing LNG regasification terminal. According to the Daily Astorian, the public hearing which preceded the commissioners’ vote was contentious, as critics of the proposal voiced their opposition to the project. Also, KTVZ News...
Editorial: Written Guarantees that Broadwater Terminal Will Lower Energy Prices are Needed
Posted on Mar 24, 2008 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Editorial: Written Guarantees that Broadwater Terminal Will Lower Energy Prices are Needed
A Newsday editorial argues that if the New York State Dept. of State decides to approve the Broadwater Energy LNG receiving terminal proposed for Long Island Sound, Gov. David Paterson (D-N.Y.) should seek a written guarantee from project backer Shell Oil that the terminal will receive steady LNG supplies at a discounted rate. Citing a study by an energy firm predicting that LNG...