LNG Legislation May Inadvertently Contribute to California Supply Crunch
Posted on Jun 13, 2007 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on LNG Legislation May Inadvertently Contribute to California Supply Crunch
World Gas Intelligence analyzes from a market perspective the pending legislation in California that would require a needs assessment for LNG imports before any new LNG terminals or pipelines could be approved. WGI suggests that LNG imports will be needed to sustain California’s energy market, citing diminished supplies from Canada and the expected price hike on natural gas from...
Rhode Island Legislation Seeks to Distribute Weaver’s Cove Emergency Management Plan Approval Authority
Posted on Jun 13, 2007 in Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Rhode Island Legislation Seeks to Distribute Weaver’s Cove Emergency Management Plan Approval Authority
The Rhode Island House Committee on Municipal Government approved House Bill No. 6482, which would require any proposed emergency management plan for the Weaver’s Cove LNG terminal to receive approval from the state’s General Assembly, as well as all seven coastal communities that border the proposed tanker route, in order to be implemented. According to the bill’s...
Local Supply at Issue in LNG Export License Extension
Posted on Jun 11, 2007 in Liquefaction, Markets and Competition, State and Local Issues | Comments Off on Local Supply at Issue in LNG Export License Extension
ConocoPhillips and Marathon have applied to the U.S. Department of Energy to extend their LNG export license for their Kenai LNG facility located in Alaska. The state government has conditioned its support for extension of the license on ConocoPhillips and Marathon agreeing to supply local utilities and end users during the peak season before allowing gas to be exported overseas....
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...
Alaska to Issue RFP for North Slope Pipeline
Posted on Jun 8, 2007 in Liquefaction, Pipelines, State and Local Issues | Comments Off on Alaska to Issue RFP for North Slope Pipeline
Governor Sarah Palin (R-Alaska) signed the Alaska Gasline Inducement Act into law this week. The state expects to issue a request for proposals in July for a $30 billion pipeline that may transport gas from the North Slope to a proposed liquefaction facility in Valdez. The Act is available via the Alaska State Legislature website under HB 177. Platts LNG Daily [subscription required]...
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...