CLF Requests Supplemental EIS for Weaver’s Cove, Predicting up to 6-Year Delay
Posted on Feb 27, 2006 in Environmental, Federal Regulation, LNGLawBlog, Regas Terminals & Capacity, State and Local Issues | Comments Off on CLF Requests Supplemental EIS for Weaver’s Cove, Predicting up to 6-Year Delay
The Conservation Law Foundation (CLF) on Friday filed a motion asking FERC to reopen the evidentiary record and prepare a Supplemental Environmental Impact Statement (SEIS) for the Weaver’s Cove LNG project. CLF says that new evidence “fundamentally changes the Commission’s analysis of alternatives” and undermines the “essence of the Commission’s...
Cheniere Opens European Office
Posted on Feb 27, 2006 in LNGLawBlog, Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere Opens European Office
The Houston Chronicle today reports that Cheniere Energy announced the opening of an office in Paris. The subsidiary company will be Cheniere LNG International and will be headed by the former Vice President of Gaz de France. The report notes that the office will “further enhance the Company’s activities in securing natural gas supply for North America from the developing...
BP Touts Closed-Loop System at Crown Landing
Posted on Feb 27, 2006 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on BP Touts Closed-Loop System at Crown Landing
BP has gained the approval of some local environmentalists by promising its proposed Crown Landing terminal will use a closed-loop system to regasify imported LNG. In today’s Gloucester County Times, BP’s spokesperson said that “this closed loop system is more expensive, but we think it’s more appropriate.” Another BP spokesperson noted that, because the...
Baltimore County Officials Oppose LNG Terminal
Posted on Feb 27, 2006 in LNGLawBlog, Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Baltimore County Officials Oppose LNG Terminal
Baltimore County Executive Jim Smith held a news conference today announcing his opposition to the proposed AES Sparrows Point LNG terminal in Dundalk, Md., based on safety and environmental concerns. Smith said it is “counter intuitive to believe that a major LNG facility at Sparrows Point, or anywhere near population centers, can be done without creating a new and significant...
LNG Market Allowing for Flexible Contracts
Posted on Feb 24, 2006 in LNGLawBlog, Markets and Competition | Comments Off on LNG Market Allowing for Flexible Contracts
Lloyd’s List today reports on flexibility LNG buyers are enjoying when drafting contracts in today’s competitive market. Examples of the changes in contracting include mid-term contracts and indexing prices to fractions of the price of crude oil. [Subscription...