Increased Liquefaction and U.S. Storage Capacity Spur LNG Imports
Posted on Jul 20, 2006 in Markets and Competition, Regas Terminals & Capacity, Storage | Comments Off on Increased Liquefaction and U.S. Storage Capacity Spur LNG Imports
World Gas Intelligence reports that the U.S. imported approximately 2 Bcf/d of LNG in the second quarter of 2006. The Lake Charles LNG terminal received large import volumes, averaging 650 MMcf/day, after receiving only 101 MMcf/day in the first quarter. By contrast, the Cove Point terminal experienced a slight decrease in imports due to the expiration of supply contracts last...
FERC Denies Rehearing on Smaller Vessels for Fall River Terminal
Posted on Jul 20, 2006 in Federal Regulation, Regas Terminals & Capacity, Vessel Transportation | Comments Off on FERC Denies Rehearing on Smaller Vessels for Fall River Terminal
FERC issued an order yesterday denying the requests for rehearing filed by the Conservation Law Foundation and the City of Fall River in the Weaver’s Cove LNG proceeding. At issue was the Commission’s April 17, 2006 order stating that the Weaver’s Cove plan to use smaller vessels in order to allow passage under the old Brightman Street Bridge did not materially...
Canadian Terminals Look to Russian LNG
Posted on Jul 20, 2006 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Canadian Terminals Look to Russian LNG
During discussions at the G8 conference Canadian and Russian diplomats expressed optimism over an agreement that would bring supply from the proposed Baltic LNG facility near St. Petersburg, Russia, to the Gros Cacouna terminal in Quebec. Another potential destination for the Baltic LNG is the Canaport terminal in St. John, New Brunswick. World Gas Intelligence has the...
Aker Kvaerner and IHI Partner to Construct Ingleside LNG
Posted on Jul 20, 2006 in LNGLawBlog, Regas Terminals & Capacity, Technology | Comments Off on Aker Kvaerner and IHI Partner to Construct Ingleside LNG
Webwire reports on the award of a construction contract for the Ingleside Energy Center regasification terminal in Ingleside, Texas, to partners Aker Kvaerner, a Norwegian engineering group, and Japanese-based Ishikawajima-Harima Heavy Industries (IHI). The terminal is being developed by Occidental Energy and would have output capacity of 1.0 Bcf/day of imported natural...
New Vessel Could Carry LNG, LPG and Other Gases
Posted on Jul 19, 2006 in Markets and Competition, Vessel Transportation | Comments Off on New Vessel Could Carry LNG, LPG and Other Gases
A Dutch shipping company has ordered a new type of vessel that could transport several different types of gases, including LNG. The vessel will be smaller than most LNG vessels and is designed for regional transit; completion is expected in 2008. Lloyds List has the details. [Subscription...