Alaska Agrees to Support Continued LNG Exports from Kenai
Posted on Jan 4, 2008 in E&P, Liquefaction, State and Local Issues | Comments Off on Alaska Agrees to Support Continued LNG Exports from Kenai
Reuters reports that Gov. Sarah Palin (R-Alaska) announced an agreement yesterday between her administration and Kenai LNG owners ConocoPhillips and Marathon Oil. The state has agreed to support an extension of the plant’s license to 2011 in exchange for a pledge by the companies to pursue new gas wells in Cook Inlet in 2008. Palin’s administration has sought to ensure that...
Uncertainty Regarding Environmental Policy Delays WestPac LNG
Posted on Jan 3, 2008 in Canada & Mexico, Environmental, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Uncertainty Regarding Environmental Policy Delays WestPac LNG
The Globe and Mail reports that WestPac LNG has delayed its planned LNG regasification terminal for Texada Island, B.C., by at least one year due to uncertainty as new provincial greenhouse gas emissions regulations are put forward. The developer expects to file its project description in early 2009. Separately, the Powell River Peak offered an editorial that suggested 2007 was one of...
Texas Gas Storage Facility Approved by FERC
Posted on Jan 3, 2008 in Markets and Competition, Storage | Comments Off on Texas Gas Storage Facility Approved by FERC
FERC has approved a 12 Bcf gas storage facility called Golden Triangle, which Platts LNG Daily suggests could have implications for LNG. As designed, the project will have 12 Bcf storage capacity in two salt caverns but could be expanded to hold up to 16 Bcf of natural gas in each cavern. According to Platts LNG Daily [subscription required], commercial operations should begin in 2010...
NATS: 2007 Record Year for LNG Imports to United States
Posted on Jan 3, 2008 in Markets and Competition | Comments Off on NATS: 2007 Record Year for LNG Imports to United States
NATS reports that 2007 saw record LNG imports to the United States, with 738 Bcf of natural gas sent out. The 2007 total surpassed the previous record set in 2004 of 652 Bcf and exceeded the 2006 level by approximately 160 Bcf. NATS also noted in its release that BG held the largest share of imported gas in the U.S. market and predicted that 2008 would demonstrate a similar pattern of...
Local Opponents File Appeal of Jordan Cove LNG Decision
Posted on Jan 3, 2008 in Federal Regulation, Marine Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Local Opponents File Appeal of Jordan Cove LNG Decision
In the wake of the approval of Jordan Cove LNG’s land use application, opponents of the project have filed a notice of intent to appeal with the Oregon Land Use Board of Appeals (LUBA). Coos Bay World (Ore.) reports that Coos County must provide its record of decision to LUBA by January 16, 2008. Jordan Cove LNG project manager Bob Braddock said he expects the LUBA decision to be...