USCG Close to Approving Northeast Gateway Security Plan, Operations Manual
Posted on Jan 10, 2008 in Federal Regulation, Financing, Regas Terminals & Capacity, Safety & Security | Comments Off on USCG Close to Approving Northeast Gateway Security Plan, Operations Manual
Reuters reports that a spokesperson for the U.S. Coast Guard predicted that final approval of the Northeast Gateway LNG terminal’s security plan and operations manual would be granted by the end of January. The piece also notes that start-up of the terminal may be key to German firm RWE’s reported purchase of 50% of Northeast Gateway project developer Excelerate...
Sempra Further Delays Port Arthur LNG Terminal
Posted on Jan 10, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Sempra Further Delays Port Arthur LNG Terminal
A spokesperson for Sempra Energy told the San Diego Union-Tribune yesterday that the company is further delaying construction of its Port Arthur LNG terminal, although the project has received the necessary permits to begin construction. “We will only begin construction once…supply and capacity contracts are in place,” said the spokesperson. The company also announced...
Mass. State Senate Approves Measure Restricting Siting of New LNG Terminals
Posted on Jan 10, 2008 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Mass. State Senate Approves Measure Restricting Siting of New LNG Terminals
South Coast Today reports that last night the Massachusetts Senate unanimously passed an energy bill that includes an amendment restricting the siting of new LNG projects in the state. The measure, proposed by state Sen. Joan M. Menard, prohibits construction of a new LNG facility within one mile of a school, hospital, or nursing home. According to the publication, this measure would...
GAO Report Reiterates Security Concerns for Oil, LNG Tankers
Posted on Jan 10, 2008 in Marine Regulation, Policy, Legislation and Politics, Regas Terminals & Capacity, Safety & Security | Comments Off on GAO Report Reiterates Security Concerns for Oil, LNG Tankers
Echoing conclusions from a report released last March, the U.S. Government Accounting Office (GAO) released a second report on security risks facing energy commodity tankers, focusing specifically on tankers carrying oil and LNG. According to the Associated Press, the GAO concludes that some U.S. Coast Guard units lack the resources needed to effectively carry out their security...
EIA: U.S. LNG Imports Up 34% in 2007
Posted on Jan 9, 2008 in Markets and Competition | Comments Off on EIA: U.S. LNG Imports Up 34% in 2007
In its Short-Term Energy Outlook released yesterday, the Energy Information Administration (EIA) reported that LNG imports to the United States in 2007 totaled 781 Bcf, a 34% increase over 2006. The EIA projects that import volumes will reach 937 Bcf in 2008 and 1.18 Tcf in...