Rabaska Official Says LNG Proposal Poses No Safety Risk
Posted on Jul 31, 2007 in Canada & Mexico, Regas Terminals & Capacity, Safety & Security | Comments Off on Rabaska Official Says LNG Proposal Poses No Safety Risk
In an interview with the Montreal Gazette, Rabaska CEO Glenn Kelly says that the proposed Rabaska LNG terminal poses no threat to surrounding communities, despite recent reports. He also claims that the terminal’s site is superior to that of the approved Gros Cacouna project. “[T]he predictable delays are much greater at Gros Cacouna…especially in winter when demand...
Petro-Canada: Cancellation of Gros Cacouna Terminal “Highly Unlikely”
Posted on Jul 31, 2007 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Petro-Canada: Cancellation of Gros Cacouna Terminal “Highly Unlikely”
Speaking to Platts LNG Daily, Petro-Canada spokesperson Andrew Pelletier said that it is “highly unlikely” that rising construction costs would halt development of the Gros Cacouna LNG terminal. Pelletier’s statement follows the recent comments of Petro-Canada CEO Ron Brenneman to Canada’s Financial Post that the project faces a delay and a possible redesign of...
BHP Billiton to Close Oxnard Office; SES Continues Pursuit of Long Beach Terminal
Posted on Jul 31, 2007 in Regas Terminals & Capacity, State and Local Issues | Comments Off on BHP Billiton to Close Oxnard Office; SES Continues Pursuit of Long Beach Terminal
Natural Gas Intelligence reports that BHP Billiton will close its Oxnard, Calif., office by the end of July and the company has confirmed that its Cabrillo Port LNG proposal is now dead. NGI further reports that Sound Energy Solutions (SES), a joint venture between ConocoPhillips and Mitsubishi, continues to pursue its terminal proposal for the Port of Long Beach, despite setbacks....
Op-Ed: ECO Loop Regasification Technology Proposed for Bienville Terminal is Environmentally Sensitive
Posted on Jul 30, 2007 in Environmental, Regas Terminals & Capacity, Technology | Comments Off on Op-Ed: ECO Loop Regasification Technology Proposed for Bienville Terminal is Environmentally Sensitive
An Op-Ed in Sunday’s Press-Register (Mobile, Ala.) details how the design of the Environmentally Conscientious Open (ECO) Loop regasification system will minimize harm to the surrounding marine habitat. The piece, by TORP Terminal CEO Joe Berno, goes on to say that by employing the ECO Loop system at the Bienville LNG terminal, TORP is in keeping with the EPA’s call for...
NATS: U.S. Regasfication Volumes Down Significantly, Suggesting a Fundamental Market Shift
Posted on Jul 30, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on NATS: U.S. Regasfication Volumes Down Significantly, Suggesting a Fundamental Market Shift
NATS LNG Week in Review notes that regasification volumes sent out from U.S. LNG import terminals dropped by nearly one-third in the previous week, and opines that these lower volumes mark a distinct market shift from the past several months. As European and Asian LNG markets have tightened over the past few weeks, U.S. gas supplies have remained high, driving down the domestic gas...