Op-ed: AES Official Praises Court Decision and Says Project Good for Marylanders
Posted on Feb 13, 2007 in Federal Regulation, Litigation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-ed: AES Official Praises Court Decision and Says Project Good for Marylanders
AES Corp.’s project director expressed his approval for a recent ruling that a local ordinance blocking AES’ proposed Sparrows Point LNG terminal is unenforceable. “The court recognized the important role the county has in the review process but determined that the final decision was not the county’s to make,” said Kent Morton, whose company has proposed...
EIA Report Attributes Limited U.S. LNG Shipments in 2005 to Competition from European Markets
Posted on Feb 13, 2007 in Federal Regulation, Markets and Competition, Regas Terminals & Capacity | Comments Off on EIA Report Attributes Limited U.S. LNG Shipments in 2005 to Competition from European Markets
According to a report released this month by the U.S. Energy Information Administration, intense competition from European markets is partly to blame for a 3.2% decrease in U.S. LNG imports from 2004 to 2005. The agency also notes that despite its advanced regasification technology, the Excelerate Energy Bridge in the Gulf of Mexico attracted only two cargos that year. Lloyd’s...
Editorial: Trinidadian Prime Minister Should Act Quickly on LNG Deal With Jamaica
Posted on Feb 13, 2007 in Liquefaction, Markets and Competition | Comments Off on Editorial: Trinidadian Prime Minister Should Act Quickly on LNG Deal With Jamaica
The Jamaica Gleaner urges Trinidadian Prime Minister Patrick Manning to act expeditiously on his promise to supply Jamaica with LNG, which is necessary for a major expansion of the Alcoa alumina refinery in Jamaica. In an editorial published today, the newspaper describes the disagreement between the two countries over pricing of LNG and recent doubts regarding Trinidad and...
AES Plans Recycling Plant for Dredged Material
Posted on Feb 13, 2007 in Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on AES Plans Recycling Plant for Dredged Material
AES Corp. has announced a plan to build a recycling plant that would handle sediment dredged as part of the construction of its proposed Sparrows Point LNG terminal. The move is in response to concerns from officials at the Port of Baltimore that there may not be enough places to store material dredged from shipping channels. According to The Baltimore Business Journal, the company...
Trinidadian Prime Minister Emphasizes Commitment to Satisfy LNG Contract with Jamaica
Posted on Feb 12, 2007 in Liquefaction | Comments Off on Trinidadian Prime Minister Emphasizes Commitment to Satisfy LNG Contract with Jamaica
The prime minister of Trinidad and Tobago has dismissed reports claiming that his country is unable to fulfill an agreement to supply Jamaica with LNG. “The government of Trinidad and Tobago is determined to satisfy its contractual obligations to the government of Jamaica,” Patrick Manning said during a news conference on Feb. 6. Manning explained that arrangements with...