BG Announces E&P Agreement for Offshore Trinidad
Posted on Aug 17, 2007 in E&P | Comments Off on BG Announces E&P Agreement for Offshore Trinidad
BG International Limited, a subsidiary of BG Group, announced yesterday a “farm-in” agreement with Canadian Superior Energy to expand its exploration and production activities for offshore Trinidad. BG is a partner with Atlantic LNG company in all four trains at the Trinidadian liquefaction plant and currently supplies the plant with gas from its offshore...
Analysis: LNG Imports to United States Down in August
Posted on Aug 17, 2007 in Markets and Competition | Comments Off on Analysis: LNG Imports to United States Down in August
An analysis offered by Platts LNG Daily states that the U.S. market will receive 39% less LNG than it did in July. Platts suggests that the downturn in cargos received may have been caused by U.S. prices more closely aligning with European prices and the expanded demand for LNG in Japan due to nuclear power plant outages. [Subscription...
Rhode Island Governor Applauds DEM Dredging Decision
Posted on Aug 16, 2007 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Rhode Island Governor Applauds DEM Dredging Decision
Governor Donald L. Carcieri (D-R.I.) released a statement praising the decision of the state’s Department of Environmental Management (DEM) to deny Weaver’s Cove’s application to dredge sections of Mount Hope Bay. Gov. Carcieri said that the DEM’s decision “is another important step in our efforts to block this potentially dangerous project.” Gov....
Op-Ed: Halting Cabrillo Port LNG Proposal Should Send a Message to Companies
Posted on Aug 16, 2007 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-Ed: Halting Cabrillo Port LNG Proposal Should Send a Message to Companies
An Op-Ed carried by the Malibu Surfside News suggests that the halting of BHP Billiton’s Cabrillo Port LNG proposal should have wider significance than merely cancelling the project. The author wants companies to know that “[i]f a company wants to do business in California and its provision of resources, such as LNG, comes at a cost to native populations, or coral reefs, or...
New Jersey Retains Supreme Court Specialist to Argue Crown Landing Case
Posted on Aug 16, 2007 in Litigation, Regas Terminals & Capacity, State and Local Issues | Comments Off on New Jersey Retains Supreme Court Specialist to Argue Crown Landing Case
The State of New Jersey has hired outside counsel to argue its case in the border dispute controversy with the State of Delaware involving the construction of the Crown Landing LNG regasification terminal. New Jersey is challenging the ruling of a Court-appointed special master that found that Delaware has jurisdiction over projects on the Delaware River that extend across the state...