LNG Spot Market May Raise Shipping Issues
Posted on Apr 12, 2006 in Markets and Competition, Vessel Transportation | Comments Off on LNG Spot Market May Raise Shipping Issues
A speaker at a London Shipping Law Centre seminar said that the trend toward an LNG spot market – and away from long-term relationships between vessel owners and charterers – may create more dispute over scheduling and other charter terms. Details are in today’s Lloyd’s List. [Subscription...
KeySpan Appeals FERC Decision
Posted on Apr 12, 2006 in Litigation, Regas Terminals & Capacity, Vessel Transportation | Comments Off on KeySpan Appeals FERC Decision
The Providence Journal today reports that on March 17 KeySpan LNG appealed FERC’s rejection of the KeySpan terminal application. The appeal, filed in the US Court of Appeals for the D.C. Circuit, may impact the Weaver’s Cove terminal proposal. In an April 3 letter to the U.S. Coast Guard, posted by FERC yesterday, KeySpan informs the Coast Guard of its appeal and urges it...
Judge Endorses FGT’s Gas Composition Standards in AES v. FGT Complaint Proceeding
Posted on Apr 12, 2006 in Federal Regulation, Gas Composition, Regas Terminals & Capacity | Comments Off on Judge Endorses FGT’s Gas Composition Standards in AES v. FGT Complaint Proceeding
Yesterday, FERC Administrative Law Judge Herbert Grossman issued an Initial Decision in a complaint proceeding intended to determine the appropriate gas quality and interchangeability standards necessary to accommodate the introduction of revaporized LNG into the Florida Gas Transmission pipeline system from LNG terminals proposed for the Bahamas. The ALJ approved FGT’s proposed...
Hoegh and Mitsui Order Onboard Regas Vessels
Posted on Apr 12, 2006 in Regas Terminals & Capacity, Vessel Transportation | Comments Off on Hoegh and Mitsui Order Onboard Regas Vessels
Norway’s Hoegh LNG and Japan’s Mitsui O.S.K. Lines together have agreed to purchase two onboard regasification vessels from South Korea’s Samsung Heavy Industries, and may order a third ship as well. Suez Energy will use the vessels on a long-term charter to transport LNG to its planned Neptune LNG facility offshore Boston. Hoegh says that there “will always be...
FERC Judge Rejects WGL Environ Report as “Entirely Discredited”
Posted on Apr 12, 2006 in Federal Regulation, Gas Composition, Regas Terminals & Capacity | Comments Off on FERC Judge Rejects WGL Environ Report as “Entirely Discredited”
In his Initial Decision considering the appropriate gas composition standards for the receipt of revaporized LNG into the Florida Gas Transmission system, FERC Administrative Law Judge Herbert Grossman rejected the evidence put forward by Florida local distribution companies that LNG could cause leaks in pipeline couplings. In an effort to support their allegations, the LDCs had...