Mass. Gubernatorial Candidate Gabrieli Takes Position on LNG
Posted on Jun 19, 2006 in Blog, LNGLawBlog, Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Mass. Gubernatorial Candidate Gabrieli Takes Position on LNG
Democratic candidate for governor of Massachusetts Chris Gabrieli told The Herald News that he opposes the proposed Weaver’s Cove LNG terminal in Fall River. However, he added that “longer-term, LNG is a very important resource for our region,” explaining, “[w]e need to get ahead of the curve on where to site these projects, and not sit and wait for...
Local Government Supports Terminal Expansion
Posted on Jun 19, 2006 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Local Government Supports Terminal Expansion
The Calvert County Board of Commissioners praised the FERC’s decision to approve the Cove Point LNG terminal expansion, according to Friday’s PR Newswire. The expansion, which will nearly double the terminal’s LNG storage capacity, was described by the Board as “environmentally and operationally sound” and “key in providing new gas supplies to the...
Gazprom Might Announce Shtokman Partners at G8
Posted on Jun 19, 2006 in Liquefaction, Markets and Competition | Comments Off on Gazprom Might Announce Shtokman Partners at G8
In a presentation to industry analysts, Statoil executive Peter Mellbye predicted that Gazprom will announce its partners in developing the Shtokman gas field at this year’s G8 summit, Norway’s Aftenposten reported on June 16. Though Gazprom has delayed the announcement several times already, Mellbye said the decision among potential partners Statoil, Norsk...
Crown Landing Approval Still Faces Hurdles
Posted on Jun 19, 2006 in LNGLawBlog, Regas Terminals & Capacity, State and Local Issues | Comments Off on Crown Landing Approval Still Faces Hurdles
Following FERC’s approval of BP’s Crown Landing LNG terminal, the Courier-Post Online reports that additional hurdles must be cleared before construction of the $600 million facility can begin. In addition to getting approval from the New Jersey Department of Environmental Protection and a win in the U.S. Supreme Court over a jurisdictional dispute with...
ConocoPhillips to Take Equity Stake in Golden Pass Terminal
Posted on Jun 19, 2006 in Markets and Competition, Regas Terminals & Capacity | Comments Off on ConocoPhillips to Take Equity Stake in Golden Pass Terminal
ConocoPhillips will join ExxonMobil and Qatar Petroleum as a shareholder in the proposed Golden Pass LNG terminal in Sabine, Texas, a move which will allow Qatar Petroleum to take advantage of higher gas prices near the Texas-Louisiana border rather than sending future supplies to ConocoPhillips’ Freeport terminal. As a result, Golden Pass, originally slated to open in 2008...