Editorial: Bahamian Government Should Decide on LNG Projects
Posted on Jun 20, 2006 in Regas Terminals & Capacity | Comments Off on Editorial: Bahamian Government Should Decide on LNG Projects
The Nassau Guardian has criticized the Bahamian government’s failure, despite two years of negotiations, to approve or deny the construction of AES’ proposed LNG pipeline from the Bahamas to Florida. The editorial also suggests that government approval of two pipelines to Florida, the one proposed by AES and another proposed by Suez-Tractebel, may be a sound financial...
DOE Official Expects LNG Portion of U.S. Gas Supply to Increase Fivefold
Posted on Jun 20, 2006 in Markets and Competition | Comments Off on DOE Official Expects LNG Portion of U.S. Gas Supply to Increase Fivefold
Fifteen percent of the U.S. gas supply may be LNG by 2025, a fivefold increase from its current level, according to James Slutz, the deputy assistant secretary for oil and natural gas at the U.S. Department of Energy. “Our traditional gas production has plateaued, we are increasingly relying on unconventional natural gas,” Slutz said today as he addressed via...
USCG Denies Request to Release Parts of Bradwood WSA
Posted on Jun 19, 2006 in Marine Regulation, Regas Terminals & Capacity, Safety & Security, Vessel Transportation | Comments Off on USCG Denies Request to Release Parts of Bradwood WSA
The Oregonian reported yesterday that the U.S. Coast Guard has denied a request for disclosure of the Waterway Suitability Assessment report filed by NorthernStar in connection with its proposed Bradwood LNG terminal, suggesting its release “could compromise national security.” Coast Guard Lt. Shadrack Scheirman, chief of port operations in Portland, explained, “[w]e...
Small and Medium-Scale LNG Projects Increase as Costs Rise
Posted on Jun 19, 2006 in Blog, Financing, Liquefaction, LNGLawBlog, Regas Terminals & Capacity | Comments Off on Small and Medium-Scale LNG Projects Increase as Costs Rise
Zeus Development Corporation president Bob Nimocks details the results of the energy analyst’s survey of world LNG projects in this report from Market Wire on June 16. According to Nimocks, the survey finds that rising engineering, construction, and raw material costs, as well as labor shortages, are causing firms to explore smaller-scale projects in smaller gas...
Sen. Boxer Says Dems Would Increase States’ Power in Siting LNG Facilities
Posted on Jun 19, 2006 in Blog, LNGLawBlog, Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Sen. Boxer Says Dems Would Increase States’ Power in Siting LNG Facilities
LongBeachPolitics.org reports that Sen. Barbara Boxer (D-CA) criticized the Republican Senate for allowing “the feds to take over” the siting of SES’ proposed LNG terminal in Long Beach, preventing locals from deciding whether SES’ facility should be built. Sen. Boxer, speaking at the inaugural YearlyKos bloggers’ convention in Las Vegas, indicated...