Proponents and Critics Pleased with Downeast LNG Hearings
Posted on Jul 25, 2007 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Proponents and Critics Pleased with Downeast LNG Hearings
Following a weeklong series of hearings on the Downeast LNG proposal held by the Maine Board of Environmental Protection, proponents and opponents of the project claimed to be satisfied that their positions had been well-articulated to the state panel. A spokesperson for Downeast LNG said “We’re thrilled to death about the public support we got,” while a...
NATS Predicts U.S. LNG Imports Will Slow
Posted on Jul 25, 2007 in Markets and Competition | Comments Off on NATS Predicts U.S. LNG Imports Will Slow
Citing European and American natural gas price differentials, NATS believes that LNG import volumes to the United States will slow as LNG shippers find foreign markets more profitable. Also, vaporization rates in the United States have slowed, particularly at the Lake Charles LNG terminal in Louisiana, where the average daily sendout has fallen from 1.5 Bcf/d to 0.7 Bcf/d....
U.S. Representatives Tour Weaver’s Cove Vessel Transit Route
Posted on Jul 24, 2007 in Federal Regulation, Regas Terminals & Capacity, Safety & Security | Comments Off on U.S. Representatives Tour Weaver’s Cove Vessel Transit Route
The Providence Journal (R.I.) reports that U.S. Representatives Elijah Cummings (D-Md.) and Patrick Kennedy (D-R.I.) joined the U.S. Coast Guard yesterday for a tour of the planned LNG vessel route for the Weaver’s Cove terminal in Fall River. After the tour, Rep. Cummings said, “When I rode the route, I’ll tell you, I think it would be quite disruptive, and...
U.S. Coast Guard Continues Its Review of Weaver’s Cove
Posted on Jul 24, 2007 in Federal Regulation, Regas Terminals & Capacity, Safety & Security | Comments Off on U.S. Coast Guard Continues Its Review of Weaver’s Cove
Captain Roy Nash of the U.S. Coast Guard said in a letter to FERC released yesterday that the U.S. Coast Guard is continuing its National Environmental Policy Act (NEPA) analysis of the Weaver’s Cove LNG small vessels proposal following its preliminary assessment released in May. The Coast Guard believes it has received all the necessary information from Weaver’s Cove and...
NATS: U.S. LNG Imports Likely to Decline
Posted on Jul 24, 2007 in Markets and Competition | Comments Off on NATS: U.S. LNG Imports Likely to Decline
Reporting on international developments that are tightening the LNG market, NATS predicts that domestic gas storage levels will prevent U.S. gas prices from rising with the market, making the United States a less attractive destination for LNG cargos over the next several months. [Subscription...