TORP Holds First Hearing on Offshore LNG Project
Posted on Jun 15, 2006 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on TORP Holds First Hearing on Offshore LNG Project
TORP Technology last night held the first in a series of public hearings on its open-loop LNG terminal proposed 63 miles south of Alabama in the Gulf of Mexico. Chief Executive Officer Lars Odeskaug said that critics of open-loop terminals may find the TORP project more appealing because of the terminal’s deep water location, which he says will help minimize the impact on aquatic...
Qatar May Require ConocoPhillips to Take LNG Supply to Golden Pass
Posted on Jun 15, 2006 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Qatar May Require ConocoPhillips to Take LNG Supply to Golden Pass
According to Tuesday’s Platts LNG Daily, Qatar may force ConocoPhillips to send its Qatari LNG supply to the planned Golden Pass regasification terminal in Sabine, Texas, instead of the ConocoPhillips financed Freeport LNG terminal in Freeport, Texas. The Golden Pass terminal’s location near the Texas-Louisiana border provides a better opportunity for Qatar to take advantage of higher...
Legislation Proposed to Restrict Dredging Near Sparrows Point
Posted on Jun 15, 2006 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Legislation Proposed to Restrict Dredging Near Sparrows Point
Dundalk Sen. Norman Stone Jr. introduced legislation yesterday that would prohibit dredging of more than 250,000 cubic yards within half a mile of the Sparrows Point shipyard, where AES proposes to build the Sparrows Point LNG terminal. If passed, the measure would make it impossible to develop channels deep enough to accommodate large LNG tankers. The measure also seeks to prohibit...
FERC Urges Increase In LNG Storage Capacity
Posted on Jun 15, 2006 in Federal Regulation, Markets and Competition, Storage | Comments Off on FERC Urges Increase In LNG Storage Capacity
FERC today endorsed a broader market-based rate regime that aims to promote investment in domestic natural gas storage infrastructure. Such investment would allow the United States to compete for Atlantic Basin LNG supply available during seasonal shifts in demand. FERC Staff’s report to the Commission is here. Additional press coverage is provided by Greenwire. [Subscription...
FERC Issues Policy Statement on Gas Quality and Interchangeability
Posted on Jun 15, 2006 in Federal Regulation, Gas Composition | Comments Off on FERC Issues Policy Statement on Gas Quality and Interchangeability
Ina policy statement approved at today’s Commission meeting, FERC announced that it will address disputes over gas quality and interchangeability on a case-by-case basis. According to a statement by FERC Staff at the meeting, the Commission’s future handling of gas quality and interchangeability issues will be guided by principles established through collaborative efforts...