Uncertainty in Alaskan Market Affecting Kenai
Posted on Mar 8, 2007 in Liquefaction, Markets and Competition, State and Local Issues | Comments Off on Uncertainty in Alaskan Market Affecting Kenai
An analysis in yesterday’s World Gas Intelligence [subscription required] posits that ConocoPhillips and Marathon sought only a 2-year extension on their export licenses for the Kenai, Alaska, liquefaction plant mainly because of growing constraints on supply for the local gas market and uncertainty over legislation providing for the development of a pipeline from the...
Downeast, Robbinston Agree on Compensation for Impacts from Proposed Terminal
Posted on Mar 7, 2007 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Downeast, Robbinston Agree on Compensation for Impacts from Proposed Terminal
Downeast LNG and the town of Robbinston, Maine, have entered into a Host Community Benefits Agreement that will compensate the town in exchange for the town’s support of the proposed LNG terminal. Under the terms of the agreement, Downeast will establish a community development fund with an annual contribution of up to $1.2 million after terminal operations commence. Downeast...
Esperanza Reveals Plans for Offshore LNG Terminal
Posted on Mar 7, 2007 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Esperanza Reveals Plans for Offshore LNG Terminal
The Press Telegram reports that Esperanza Energy, a subsidiary of Tidelands Oil & Gas Corp., may seek approval soon to construct an LNG terminal offshore Long Beach, California. Esperanza’s plans follow a recent decision by the Long Beach Board of Harbor Commissioners to halt the environmental review of an onshore facility proposed by Sound Energy Solutions for the Port of...
Perry to Hold Public Hearing on Quoddy Bay Compensation Agreement
Posted on Mar 7, 2007 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Perry to Hold Public Hearing on Quoddy Bay Compensation Agreement
Selectmen for the town of Perry, Maine, will convene a public hearing tonight to discuss and answer questions regarding the proposed compensation agreement between the town and Quoddy Bay LNG, which seeks to build an LNG terminal in the area. Under the proposed terms of the agreement, Perry would receive $3.6 million annually from the terminal developer for twenty-five years. A vote on...
Disagreement on Economic Effects of Sparrows Point Terminal
Posted on Mar 6, 2007 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Disagreement on Economic Effects of Sparrows Point Terminal
The Examiner (Baltimore) reports today that AES, the company proposing an LNG import facility at Sparrows Point, expects the project to have a $216 million positive impact on the local economy total. Fronda Cohen, the marketing and communications director of the Baltimore County Department of Economic Development, however, predicts that “from an economic development point of...
Maine BEP Allows Thirteen Intervenors
Posted on Mar 5, 2007 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Maine BEP Allows Thirteen Intervenors
The Maine Board of Environmental Protection granted 13 parties intervenor status Thursday in Downeast LNG’s application to build an import facility in Robbinston, Maine. Bangor Daily News has the intervenor list and...