Calypso Files USCG Application for Offshore Florida Terminal
Posted on Apr 5, 2006 in Marine Regulation, Regas Terminals & Capacity | Comments Off on Calypso Files USCG Application for Offshore Florida Terminal
According to a press release issued yesterday, Calypso LNG, a subsidiary of Suez Energy North America (SENA), has filed a Deepwater Port License Application with the U.S. Coast Guard for an LNG facility proposed 10 miles offshore Florida. Natural gas would be transported to the Florida market through a pipeline system operated by another Suez affiliate, Calypso U.S. Pipeline. “We...
U.S. to Drive Growth in Global LNG Market
Posted on Apr 4, 2006 in Markets and Competition | Comments Off on U.S. to Drive Growth in Global LNG Market
According to Stephen Craen, managing director of project finance at Societe Generale, U.S. demand for gas-fired power generation is expected to spur rapid growth in the international LNG industry over the next fifteen years. Craen also said that industry contracts will shift from rigid, long-term supply to more flexible spot-market deals. Details are in a Dow Jones article carried via...
Tidelands Subsidiary Considers Offshore California LNG Terminal
Posted on Apr 4, 2006 in Regas Terminals & Capacity | Comments Off on Tidelands Subsidiary Considers Offshore California LNG Terminal
A subsidiary of Tidelands Oil & Gas Corp., Esperanza Energy, announced that it is studying the feasibility of siting an LNG terminal off the coast of Long Beach, Calif. “Our goal is to develop an LNG import terminal that can play an important role in meeting California’s growing energy needs by providing competitively priced natural gas to supplement that which is...
Maryland LNG Bill Amended, Vote Tomorrow
Posted on Apr 4, 2006 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Maryland LNG Bill Amended, Vote Tomorrow
The Maryland Senate bill (crossfiled with House Bill 1670) that would have prohibited the construction or operation of an LNG facility within 2 miles of any residence in Baltimore County, Maryland, was amended today by the Senate Finance Committee, and has been sent to the floor for a vote. Language in SB 996 prohibiting the approval of such LNG facilities was replaced with provisions...
Louisiana Parishes Battle Over LNG Money
Posted on Apr 4, 2006 in Litigation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Louisiana Parishes Battle Over LNG Money
NPR’s Morning Edition yesterday featured a story describing the current conflict between Louisiana’s Cameron Parish and the Port of Lake Charles over the proposed Cameron LNG terminal. The debate centers on the fact that the Cameron LNG terminal is being built in Cameron Parish, but on property owned by the Port of Lake Charles, a tax-exempt, state entity located in...