One Month U.S. LNG Import Record Broken
Posted on Mar 27, 2007 in Markets and Competition | Comments Off on One Month U.S. LNG Import Record Broken
According to data collected by Pan EurAsian Enterprises from gas pipeline operators, the 66 Bcf of natural gas imported through the five U.S. LNG terminals through March 25 exceeds the previous record import volume for one month (December 2004, 63.6 Bcf). The largest importer of LNG into the U.S. is BG Group through the Elba Island and Trunkline terminals. The second largest is Suez...
Neptune Terminal Awarded Deepwater Port License
Posted on Mar 27, 2007 in Marine Regulation, Markets and Competition, Regas Terminals & Capacity | Comments Off on Neptune Terminal Awarded Deepwater Port License
The Maritime Administration has issued a Deepwater Port License for Neptune LNG LLC’s terminal proposed for off the coast of Gloucester, Mass. “I conclude that the construction and operation of the Neptune deepwater port will be in the national interest and consistent with national security and other national policy goals and objectives, including energy sufficiency and...
Md. House Considers Measure to Impede Sparrows Point Terminal
Posted on Mar 27, 2007 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Md. House Considers Measure to Impede Sparrows Point Terminal
The Maryland House of Delegates is scheduled to hear testimony today on a bill that would ban private entities from dredging in the vicinity of Sparrows Point, where AES proposes to construct an LNG terminal. It also would limit the Public Service Commission’s discretion to recommend approval of LNG facilities in Baltimore County near residential areas. The state senate heard...
Perry, Maine Residents to Vote on Proposed Quoddy Bay LNG Agreement
Posted on Mar 26, 2007 in Financing, Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues, Storage | Comments Off on Perry, Maine Residents to Vote on Proposed Quoddy Bay LNG Agreement
Residents of Perry, Maine are set to vote today on a financial deal between the town and Quoddy Bay LNG. Under the agreement, the town would receive $3.6 million per year for hosting the proposed terminal. Another ballot question will ask whether the town should have an LNG negotiating committee. Local coverage is available in The Bangor Daily...
Op-ed: Transporting Mackenzie Delta Gas Via LNG Tankers Preferable to Gas Pipeline
Posted on Mar 26, 2007 in Canada & Mexico, Markets and Competition, Pipelines, Vessel Transportation | Comments Off on Op-ed: Transporting Mackenzie Delta Gas Via LNG Tankers Preferable to Gas Pipeline
The president of W. Fruehauf Consulting Ltd. criticizes a proposal by Imperial Oil, Conoco Canada, and Shell Canada to transport natural gas from the Mackenzie Delta via pipeline to consuming markets. In an opinion piece published today by The Edmonton Journal, he argues that liquefying the gas and transporting it via tankers would provide greater market access and flexibility than...