Jordan Cove LNG Discusses Project with Citizens
Posted on May 31, 2006 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Jordan Cove LNG Discusses Project with Citizens
Jordan Cove Energy project director Bob Braddock engaged in an informal question and answer session with an audience of Oregon mariners when he appeared before the Charleston Advisory Committee last week. Issues raised by participants included pilot qualifications and the impact of LNG vessel security zones on recreational and fishing vessels. Coverage of the meeting is available in...
ConocoPhillips Unlikely to Use Closed-Loop Technology
Posted on May 31, 2006 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on ConocoPhillips Unlikely to Use Closed-Loop Technology
If Alabama Gov. Bob Riley vetoes ConocoPhillip’s Compass Port LNG project on the basis of its open-loop design, the company may simply abandon the project. “ConocoPhillips will think long and hard about starting over,” said Steve Lawless, the company’s spokesman. “This has been a long and expensive process for what still amounts to no guaranteed outcome...
Op-ed: Maine Gov. Baldacci Appears Detached from LNG Debate
Posted on May 30, 2006 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-ed: Maine Gov. Baldacci Appears Detached from LNG Debate
Gov. John Baldacci’s absence from certain events relevant to LNG development in Maine, including the 30th Conference of New England Governors and Eastern Canada Premiers, has prompted a local citizen to question the governor’s lack of involvement. The citizen’s op-ed is in Saturday’s Bangor Daily News. [Access to archived articles requires a...
NorthernStar Secures Funding for Its LNG Initiatives
Posted on May 30, 2006 in Regas Terminals & Capacity, State and Local Issues | Comments Off on NorthernStar Secures Funding for Its LNG Initiatives
The Pacific Coast Business Times reports that NorthernStar Natural Gas has raised $100 million to finance its two LNG projects – the Bradwood Landing terminal in Oregon and the revamped offshore California Crystal Clearwater Port, which it secured in its recent acquisition of Crystal Energy LLC. The company says that it plans to file a new application for the California-based...
LNG Shipments Targeting Atlantic Basin May Be Rerouted to Asia
Posted on May 30, 2006 in Markets and Competition, Regas Terminals & Capacity, Storage | Comments Off on LNG Shipments Targeting Atlantic Basin May Be Rerouted to Asia
A decrease in U.S. natural gas prices coupled with storage complications in certain European markets may result in a diversion of LNG cargos from the Atlantic Basin to Asia, according to Friday’s Platts LNG Daily. The article emphasizes that the United States had a reduced need for LNG imports due to an unseasonably warm winter that kept levels at storage facilities “much...