Consultant’s Natural Gas Supply Report Not Favorable for Trinidad
Posted on Aug 29, 2007 in Liquefaction, Markets and Competition | Comments Off on Consultant’s Natural Gas Supply Report Not Favorable for Trinidad
Though it has not been publicly released by the government, a gas supply audit prepared for the government of Trinidad & Tobago is rumored to predict that gas production will peak in approximately nine years and begin to decline in the years following. One source with Atlantic LNG told World Gas Intelligence that the problem may stem from the government’s incentive program,...
Conoco CEO Cautions Against Counting on LNG Imports to Offset Declining North American Gas Production
Posted on Aug 29, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Conoco CEO Cautions Against Counting on LNG Imports to Offset Declining North American Gas Production
Speaking to World Gas Intelligence, ConocoPhillips chairman and chief executive Jim Mulva cautions industry analysts against counting on LNG imports to offset declining North American natural gas production. Mulva cites available LNG volumes and project delays as difficulties bringing LNG projects online and notes that although Conoco owns 1 Bcf/d of capacity at the Freeport LNG...
Canadian Provincial Legislator Advocates Shipping Reforms Following Oil Spill Near Vancouver
Posted on Aug 29, 2007 in Canada & Mexico, Environmental, Marine Regulation | Comments Off on Canadian Provincial Legislator Advocates Shipping Reforms Following Oil Spill Near Vancouver
Gary Coons, Member of the Legislative Assembly of British Columbia, expressed his belief that legislation bolstering shipping procedures may be needed to protect provincial communities and waters from damage resulting from a tanker spill. Citing several jurisdictional and regulatory questions regarding tanker traffic, including LNG tanker regulations, Coons claimed that “[i]f the...
Op-Ed: Ecosystem Impacts Should Be Considered in Passamaquoddy Bay LNG Debate
Posted on Aug 28, 2007 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-Ed: Ecosystem Impacts Should Be Considered in Passamaquoddy Bay LNG Debate
The Bangor Daily News carried an op-ed yesterday advocating careful consideration of potential environmental impacts as the Passamaquoddy Bay region evaluates five industrial projects, three of which are LNG import terminals. The piece expresses particular concern regarding the LNG projects’ potential to disturb the natural habitats of several endangered...
FERC Announces Intent to Prepare EIS for Oregon LNG Proposal
Posted on Aug 28, 2007 in Environmental, Federal Regulation, Marine Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on FERC Announces Intent to Prepare EIS for Oregon LNG Proposal
On Friday, FERC announced its intent to prepare an Environmental Impact Statement for the Oregon LNG regasification terminal and its associated 117-mile gas pipeline. FERC also announced a schedule of public meetings on the project for the week of September 17 in Oregon. The filing is available in Docket No. PF07-10 in the...