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Coast Guard Says Sandia Report Not Appropriate for Broadwater

The Day of New London, Conn. is reporting that the U.S. Coast Guard has sent a letter to Broadwater LNG informing the terminal developer that its previously filed safety and security report is inadequate. The Coast Guard asserts that since Broadwater’s report is based on the Sandia National Laboratories Report, which examined smaller tanks and smaller vessels with different hull...

Rehearing Yet To Issue for Weaver’s Cove

Yesterday’s Herald News reports that FERC has not yet issued a rehearing to address the agency’s order allowing Hess LNG to build a regasification terminal in Fall River, Mass., nor is it clear when they might schedule one. The city, along with the Rhode Island and Massachusetts attorneys general, filed a motion almost five months ago in opposition to the project. A FERC...

WSJ Criticizes Efforts to Impede LNG Development

An editorial in today’s Wall Street Journal criticizes two Mass. politicians for inserting language in a federal transportation bill that prevents the demolition of the Brightman Street Bridge, an event which is necessary for tankers to reach the proposed Weaver’s Cove LNG terminal in Fall River, Mass. The newspaper says such efforts to impede LNG development are unsound in...

Coast Guard and Navy Reach Agreement on Weaver’s Cove LNG

The U.S. Coast Guard sent a letter today to the U.S. Naval Undersea Warfare Center Division in Newport, Rhode Island, memorializing language agreed to by the Coast Guard and the Navy, which is intended to allay the concerns the Navy expressed in its late motion to intervene in the Weaver’s Cove LNG terminal proceeding at FERC.  The language is to be included in the Coast...

Golar LNG To Convert Existing LNG Vessel into Floating Regas Terminal

Golar LNG, the world’s largest independent ship owner, has announced that it will convert an existing 129,000 cubic meter LNG vessel into a Floating Storage and Regasification Unit (FSRU).  Keppel Shipyard of Singapore will perform the conversion, which will be the first of its kind.  Golar believes that “no other system can compete with this concept in terms of pricing...

WSJ Reports on U.S. Natural Gas Market

On December 26, the Wall Street Journal ran an article discussing the state of the natural gas market in the U.S., particularly focusing on the supply-demand imbalance, the status of LNG imports and the potential development of an international gas spot market.  The article is available at here. [Subscription...

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