Expert: U.S. LNG Imports to Slow
Posted on Jul 19, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Expert: U.S. LNG Imports to Slow
Platts LNG Daily reports that Steve Johnson, industry expert and president of Waterborne Energy, predicts that LNG imports to the United States are likely to decline next month as gas prices in Europe and Asia rise and U.S. prices fall. Johnson claims the current pattern of demand spiking in the United States and decreasing elsewhere during the summer months is not a new trend, though...
Environmentalists: U.S. Coast Guard Confirms “Stalemate” for Passamaquoddy Bay Terminals
Posted on Jul 19, 2007 in Canada & Mexico, Federal Regulation, Regas Terminals & Capacity | Comments Off on Environmentalists: U.S. Coast Guard Confirms “Stalemate” for Passamaquoddy Bay Terminals
Environmentalists cited a recent letter from the U.S. Coast Guard to FERC as evidence that the two projects’ approval processes have reached a standstill because Canada has not yet provided needed information to the USCG regarding maritime safety, security, and environmental issues. The Telegraph-Journal (New Brunswick, Canada) reports that without Canadian input and...
County Officials Follow-Up on Points Raised by Local Residents at Bradwood Landing Hearing
Posted on Jul 19, 2007 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on County Officials Follow-Up on Points Raised by Local Residents at Bradwood Landing Hearing
Following two days of public testimony at a Clatsop County (Ore.) Planning Commission hearing on NorthernStar’s proposed Bradwood Landing LNG terminal, commissioners followed up on several points raised by local residents. The Daily Astorian reports that commissioners expressed their intention to better understand the “ramifications” of the requested zone changes...
U.S. Representative Urges FERC to Reject Sparrows Point
Posted on Jul 18, 2007 in Federal Regulation, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on U.S. Representative Urges FERC to Reject Sparrows Point
In a letter to FERC Chairman Joseph Kelliher, U.S. Rep. C.A. Dutch Ruppersberger (D-Md.) urged the Commission to dismiss AES’ application to develop an LNG terminal at Sparrows Point, citing a recent federal court ruling that upheld a ban on LNG facilities near sensitive coastal areas. AES responded that the judicial process should be allowed to run its course before FERC renders...
Report Predicts U.S. LNG Imports to Rise Substantially
Posted on Jul 18, 2007 in Markets and Competition | Comments Off on Report Predicts U.S. LNG Imports to Rise Substantially
LNG imports to the United States may represent as much as 18% of the country’s gas supply by 2030, according to a report released yesterday by the National Petroleum Council. Platts LNG Daily reports that the study cites continued restrictions on domestic drilling and production as a primary reason for the increase. The report also agrees with the 2006 EIA Energy Outlook which...