Cameron LNG Expansion Planned
Posted on Mar 23, 2006 in Federal Regulation, Markets and Competition, Regas Terminals & Capacity | Comments Off on Cameron LNG Expansion Planned
Yesterday’s Platts LNG Daily reported that Sempra Energy hopes to expand its Cameron LNG terminal from 1.5 Bcf/d to 2.6 Bcf/d. “We will use that expansion capability – once it’s approved by the FERC – to deal with the people we are currently negotiating with about their needs to have a receipt point in North America,” said Donald Felsinger,...
Anti-LNG Legislation Proposed in Maryland
Posted on Mar 23, 2006 in Policy, Legislation and Politics, Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Anti-LNG Legislation Proposed in Maryland
The Baltimore Sun today reports on two Maryland House bills, House Bill 1670 and 1671, that attempt to vest siting authority over LNG facilities with the Maryland Public Service Commission. Both bills prohibit the construction or operation of an LNG facility without authorization from the MdPSC, and require that any LNG facility be located a minimum of two miles from any residence....
Analyst Says Construction Setbacks Could Cost LNG Supply
Posted on Mar 23, 2006 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Analyst Says Construction Setbacks Could Cost LNG Supply
Dr. Gavin Law of Wood Mackenzie’s Global LNG group says construction delays on the supply side could create a shortage in 2008 and 2009. “[Delay of every project] is a doomsday scenario,” said Law. “But you can bet this is going to happen with some projects, and some could get delayed one year or more.” Read more in yesterday’s Platts LNG Daily....
Further Debate on Open-Loop Systems in the Gulf
Posted on Mar 22, 2006 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Further Debate on Open-Loop Systems in the Gulf
Some attendees at yesterday’s public hearing on ConocoPhillips’ proposed Beacon Port LNG facility expressed opposition toward open-loop vaporizers, saying they might harm fish populations. “It’s time we consider a different value system, one in which we do not value money more than life,” said Griff Blakewood, an instructor at the University of Louisiana....
Former Tribal Leader Says LNG Terminal Can Ease Financial Difficulties
Posted on Mar 22, 2006 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Former Tribal Leader Says LNG Terminal Can Ease Financial Difficulties
A former Passamaquoddy leader says that the tribe is approaching bankruptcy and that the Quoddy Bay LNG facility proposed for Split Rock can pull the members out of potential financial ruin. “We’re constantly on what I would say – on the edge of bankruptcy,” former Lt. Gov. Eddie Bassett said during a television program that was broadcast over the weekend....