Quoddy Bay Engages with Community Group on Storage Tanks
Posted on Dec 21, 2005 in Markets and Competition, State and Local Issues, Storage | Comments Off on Quoddy Bay Engages with Community Group on Storage Tanks
Some Perry, Maine residents have expressed concern that Quoddy Bay is soliciting approval from the Perry Improvement Association to place LNG storage tanks in the town; PIA is an organization whose members were not formally elected. “How can these people, who were elected by nobody, purport to represent Perry and negotiate on behalf of the town?,” said Nancy Asante,...
British Energy Commission May Rescind Grain LNG Facility’s Capacity Holder Exemption
Posted on Nov 30, 2005 in Markets and Competition, Regas Terminals & Capacity, Storage | Comments Off on British Energy Commission May Rescind Grain LNG Facility’s Capacity Holder Exemption
Companies such as BP and Sonatrach may no longer enjoy guaranteed access to the Isle of Grain LNG terminal in England, according to a Nov. 25 letter written by Ofgem, the British energy regulator. The letter says that Grain LNG failed to address Ofgem’s concerns regarding the implementation of “anti-hoarding measures and publish sufficient relevant information in order to...
Two Perspectives on LNG in Oregon
Posted on Nov 28, 2005 in Markets and Competition, Regas Terminals & Capacity, Safety & Security, State and Local Issues, Storage | Comments Off on Two Perspectives on LNG in Oregon
The Portland Tribune on Friday published two contrasting views on LNG regarding safety and security and plentiful and affordable energy.
Analysts Say Western U.S. Needs Gas Storage
Posted on Nov 22, 2005 in Markets and Competition, Pipelines, Regas Terminals & Capacity, Storage | Comments Off on Analysts Say Western U.S. Needs Gas Storage
Platts LNG Daily reports on the projected need for gas storage after LNG volumes begin feeding into the U.S. West from terminals such as Sempra’s Costa Azul. Increased storage will help stabilize volatile gas prices in the region. The Platts article [subscription required] gives a detailed analysis of the situation, as well as the probable impact of LNG imports on the...
Freedom Terminal Looking for LNG Supply
Posted on Nov 1, 2005 in Regas Terminals & Capacity, Storage | Comments Off on Freedom Terminal Looking for LNG Supply
The CEO of Houston-based Conversion Gas Imports is working with an undisclosed company to construct the proposed offshore Freedom LNG plant, which would include gas and salt-dome storage. Michael M. McCall said he will apply for a permit from the U.S. Maritime Administration when he secures LNG supplies. Yesterday’s Platts LNG Daily has the details. [Subscription...
Mexico Says Natural Gas Storage Facilities Would Ease Price Volatility
Posted on Nov 1, 2005 in Markets and Competition, Pipelines, Storage | Comments Off on Mexico Says Natural Gas Storage Facilities Would Ease Price Volatility
A Mexican energy official says underground natural gas storage facilities in Mexico would provide increased energy security and combat the price instability attributed to Hurricane Katrina. An article published by Reuters yesterday has the story. [Free registration...