FERC Grants Extension for Ingleside LNG Project
Posted on Jan 24, 2008 in Federal Regulation, Markets and Competition, Regas Terminals & Capacity | Comments Off on FERC Grants Extension for Ingleside LNG Project
FERC has approved Occidental Petroleum Corp.’s (“Oxy”) request for a three-year extension to the July 22, 2008 deadline for placing the Ingleside LNG project into service. The new deadline is April 30, 2011. The Jan. 23 order is available in the FERC eLibrary under Docket No....
Chairman of New York Assembly’s Environmental Committee Opposes Broadwater LNG
Posted on Jan 24, 2008 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Chairman of New York Assembly’s Environmental Committee Opposes Broadwater LNG
Citing “numerous economic, environmental and safety issues,” New York Assemblyman Robert Sweeney (D), chairman of the Environmental Committee, announced that he is opposed to the Broadwater LNG proposal. John Hritcko, Broadwater’s senior vice president, responded to the announcement and stated that Assemblyman Sweeney’s position “goes against the facts and...
Analyst Says U.S. LNG Imports Expected to Remain Flat
Posted on Jan 24, 2008 in Markets and Competition | Comments Off on Analyst Says U.S. LNG Imports Expected to Remain Flat
Platts LNG Daily [subscription required] reports that energy industry analyst Ron Denhardt expects U.S. LNG imports to remain flat for much of the year. Denhardt points to the nuclear power generation problems in Japan and Spain’s prolonged drought as reasons why LNG cargoes might be diverted away from North...
Qatar’s Deputy Premier: Golden Pass Terminal Will be Operational in 2009
Posted on Jan 23, 2008 in Pipelines, Regas Terminals & Capacity | Comments Off on Qatar’s Deputy Premier: Golden Pass Terminal Will be Operational in 2009
According to Qatar’s Deputy Premier Abdullah bin Hamad Al-Attiyah, the Golden Pass LNG regasification terminal being constructed in Sabine Pass, Texas, will be operational in mid-2009. Al-Attiyah, also the President of Qatar Petroleum, the largest stakeholder in Golden Pass, added that “Within two or three years we will meet a third of the gas imports to the U.S.” The...
Market Analysts Say Recent Decline in U.S. LNG Imports Not Surprising
Posted on Jan 23, 2008 in Markets and Competition | Comments Off on Market Analysts Say Recent Decline in U.S. LNG Imports Not Surprising
Citing a report released by Pace Global Energy Services, Natural Gas Week [subscription required] offers an analysis on the recent decline in U.S. LNG imports. The article partially attributes the decline to increased European demand for LNG during the winter...