Editorial: Rabaska LNG Proposal Should Be Approved
Posted on Jul 16, 2007 in Canada & Mexico, Environmental, Regas Terminals & Capacity | Comments Off on Editorial: Rabaska LNG Proposal Should Be Approved
An editorial in the Montreal Gazette offers its support for the Rabaska LNG terminal, citing energy supply concerns and the thorough investigation of potential environmental impacts carried out the government and the project’s developers. The editorial disagrees with those who claim that the potential for accidents or terrorism should prohibit the project’s construction,...
Tribe Files Support of Quoddy Bay LNG with FERC
Posted on Jul 13, 2007 in Federal Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Tribe Files Support of Quoddy Bay LNG with FERC
The Passamaquoddy Tribal Government of the Pleasant Point Reservation yesterday informed FERC of its support of the Quoddy Bay LNG regasification terminal. The filing notes the lease agreement signed between Quoddy Bay LNG and the Passamaquoddy Tribe, as well as employment and economic development opportunities, as persuasive factors in the decision. The filing is available in...
Quoddy Bay Official Claims Canadian Study Not Necessary for Coast Guard Review
Posted on Jul 13, 2007 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Quoddy Bay Official Claims Canadian Study Not Necessary for Coast Guard Review
Brian Smith, project manager for Quoddy Bay LNG, says the Coast Guard’s letter informing FERC that it cannot finish its Waterway Suitability Assessment without data from Canada does not present an insurmountable obstacle for the project. “We will point out to the Coast Guard we can’t fulfill that criteria but you know, the United States is not going to give up its...
CFIUS to Apply to LNG Terminals
Posted on Jul 13, 2007 in Federal Regulation, Safety & Security | Comments Off on CFIUS to Apply to LNG Terminals
Congress approved a measure Wednesday to extend the scope of the Committee on Foreign Investment in the United States (CFIUS) to include more deals involving critical infrastructure and energy. Newsday (New York) reports that the new law will subject ownership of projects, including LNG terminals, major roads, and power plants, to federal review by high-level officials concerning the...
Study Predicts Crown Landing Project Would Add $1.2 Billion to South New Jersey Economy
Posted on Jul 12, 2007 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Study Predicts Crown Landing Project Would Add $1.2 Billion to South New Jersey Economy
The Gloucester Times (N.J.) reports that a Rutgers University study commissioned by BP concludes that the Crown Landing LNG terminal would add up to $1.2 billion to the southern New Jersey economy by creating 1,600 jobs and increasing personal income and tax revenues. The most likely alternative use of the site, as a warehouse facility, would generate only one third of that amount for...