Quoddy Bay Submits Resource Report 1
Posted on Feb 9, 2006 in Environmental, Federal Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Quoddy Bay Submits Resource Report 1
Quoddy Bay Project Manager Brian Smith yesterday announced that the company had submitted the first of 13 resource reports to FERC. “This one was due within 30 days of entering the pre-filing process, and we turned it in a few days early,” he said. Today’s Bangor Daily News also reports that Downeast LNG, which is Quoddy Bay’s competitor, is progressing with its...
Quoddy Bay Denied Tax Exemptions
Posted on Feb 9, 2006 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Quoddy Bay Denied Tax Exemptions
The Passamaquoddy Joint Tribal Council, which is comprised of leaders from the Pleasant Point and Indian Township Reservations, last week voted against awarding tax exempt status to Quoddy Bay’s proposed LNG terminal in Pleasant Point, Maine. The Pleasant Point Reservation and Quoddy Bay last year signed an agreement allowing the company to pay over $12 million each year in lease...
PG&E Unveils Oregon Pipeline Proposal
Posted on Feb 9, 2006 in Federal Regulation, Markets and Competition, Pipelines, Regas Terminals & Capacity, State and Local Issues | Comments Off on PG&E Unveils Oregon Pipeline Proposal
PG&E has announced a joint venture with Williams Northwest Pipeline Corp. and Fort Chicago Energy Partners LP to construct a 250-mile pipeline linking the proposed Jordan Cove LNG facility with markets in the Pacific Northwest, including California and Northern Nevada. “It is really a supply and demand [situation], and this project will provide another source for...
Mexican Official Says Chevron Is Undecided on Mexican Offshore LNG Project
Posted on Feb 9, 2006 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Mexican Official Says Chevron Is Undecided on Mexican Offshore LNG Project
Chevron Corp. has pushed back a final investment decision on its Isla Coronado LNG terminal project, according to Fernando Canales Clariond, Mexico’s secretary of energy. A Chevron spokesperson said the decision on the 1.4 Bcf/d project “will be made in concert with a supply project,” possibly the Gorgon Joint Venture in Australia, in which Chevron is a stakeholder....
Experts Say US Should Import More LNG
Posted on Feb 9, 2006 in Markets and Competition | Comments Off on Experts Say US Should Import More LNG
The United States should increase LNG imports to meet rising consumer energy demands and stabilize fluctuating natural gas prices, experts yesterday said at the CERA Week 2006 conference in Houston. “The consumer of gas in North America is going to need all the gas he can get,” said John Gass, president of Chevron’s Global Gas unit. Robert Ineson, CERA director of...