Galveston City and Wharves Board of Trustees Disagree on Legal Fees
Posted on Oct 24, 2006 in Litigation, State and Local Issues | Comments Off on Galveston City and Wharves Board of Trustees Disagree on Legal Fees
At yesterday’s Galveston Wharves Board of Trustees meeting, the board resisted a request from the City of Galveston to pay legal bills associated with litigation involving the Pelican Island LNG terminal. The Wharves Board decided not to act on a $62,592 invoice from the city for legal fees charged during the dispute regarding whether the Wharves Board followed proper procedure...
Cheniere to Float Notes to Fund Sabine Pass
Posted on Oct 24, 2006 in Financing | Comments Off on Cheniere to Float Notes to Fund Sabine Pass
Cheniere Energy, Inc., announced plans to float $2.15 billion in notes, to cover and extend its existing financing on the Sabine Pass LNG terminal in Louisiana. Part of these notes will cover the $1.5 billion Cheniere has already secured. The Houston Chronicle has the...
Bradwood Landing Terminal May Impact Local Salmon Population
Posted on Oct 24, 2006 in Environmental, Federal Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Bradwood Landing Terminal May Impact Local Salmon Population
Last week NorthernStar Natural Gas LLC filed a biological assessment with FERC regarding its proposed Bradwood Landing LNG terminal in response to a FERC Staff environmental information request. According to the assessment, the terminal is “likely to adversely affect” various species of salmon in the Columbia River. In order to mitigate the terminal’s potential...
Study Says Jordan Cove LNG Terminal Would Provide Economic Benefits
Posted on Oct 23, 2006 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Study Says Jordan Cove LNG Terminal Would Provide Economic Benefits
A study of the proposed Jordan Cove LNG terminal in Coos Bay, Ore., conducted by ECONorthwest, an independent research firm, says that the proposed facility will provide economic benefits to the region as well as the state. The study concludes that the project will create more than 1,100 jobs statewide and result in lower energy costs for Oregonians. The study is available here. The...
Proposed Cabrillo Port Terminal Raises Environmental Concerns
Posted on Oct 23, 2006 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Proposed Cabrillo Port Terminal Raises Environmental Concerns
The Malibu Surfside News reports on a number of environmental issues associated with BHP Billiton’s proposed Cabrillo Port LNG terminal, including the possibility that noise from LNG vessels may injure whales and other marine life. The publication also provides further details on a recent protest, and the efforts to challenge the EPA’s air quality ruling with regard to the...