Report: Growing Mexican LNG Imports Could Replace U.S. Supplies
Posted on Oct 30, 2007 in Canada & Mexico, Markets and Competition | Comments Off on Report: Growing Mexican LNG Imports Could Replace U.S. Supplies
According to Platts LNG Daily, a report released by Raymond James and Associates suggests that Mexican demand for U.S. gas supplies will decline as Mexico imports greater volumes of LNG. The report notes, however, that if these import volumes are curtailed, Mexico will continue to seek gas from the U.S. [Subscription...
Oxy Still Pursuing LNG Supplies for Its Ingleside LNG Terminal
Posted on Oct 30, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Oxy Still Pursuing LNG Supplies for Its Ingleside LNG Terminal
U.S. Occidental Petroleum (“Oxy”) told Reuters that before the company begins construction of its Ingleside LNG import terminal, it hopes to line up LNG supplies. Oxy has signed a supply contract with Nigerian LNG and a letter of intent with Algerian Sonatrach, but those supplies would total only half of the planned capacity for Ingleside...
FERC Officials to Host Further Public Meetings on Bradwood Landing LNG Project
Posted on Oct 30, 2007 in Environmental, Federal Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on FERC Officials to Host Further Public Meetings on Bradwood Landing LNG Project
In addition to previously scheduled public meetings, FERC has announced two additional meetings in Clatskanie, Ore., to take public comments on the Draft Environmental Impact Statement issued for Bradwood Landing LNG. Read more in the Daily...
Weaver’s Cove LNG Plans to Pursue Site Despite Setbacks
Posted on Oct 29, 2007 in Federal Regulation, Litigation, Regas Terminals & Capacity | Comments Off on Weaver’s Cove LNG Plans to Pursue Site Despite Setbacks
Gordon Shearer, CEO of Weaver’s Cove LNG, told the Boston Globe that his company will continue to pursue the proposed site for its LNG import terminal despite a recent decision by the U.S. Coast Guard to declare the vessel route “unsuitable” for LNG tanker traffic. According to the Globe article, Shearer said, “We are pressing ahead. We have not given up.”...
State Environmental Panel Suspends Review of Downeast LNG Proposal
Posted on Oct 29, 2007 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on State Environmental Panel Suspends Review of Downeast LNG Proposal
The Maine Board of Environmental Protection (BEP) suspended its review of the Downeast LNG proposal after the company again attempted to withdraw its application. In a 5-3 decision, the BEP suspended its review until July 1, 2008, at the latest. The Bangor Daily News provides further...