County Board Approves Variances for Road to Bradwood Landing LNG Terminal
Posted on Apr 16, 2008 in Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on County Board Approves Variances for Road to Bradwood Landing LNG Terminal
The Daily Astorian reports that the Clatsop County Board of Commissioners voted earlier this week to approve variances for the road leading to the proposed site for the Bradwood Landing LNG...
Cool-Down Cargo Arrives at Freeport LNG Terminal
Posted on Apr 16, 2008 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Cool-Down Cargo Arrives at Freeport LNG Terminal
The Houston Chronicle reports that a cool-down cargo arrived yesterday at the Freeport LNG regasification terminal. Terminal owner Michael Smith told the Chronicle that the facility is scheduled to begin unloading the cargo on Thursday, and he anticipates that the facility will receive final authorization to begin regasification operations in five or six weeks. The Chronicle also...
Conference Attendees Call for Increased Natural Gas Storage to Accommodate LNG Imports
Posted on Apr 16, 2008 in Markets and Competition, Storage | Comments Off on Conference Attendees Call for Increased Natural Gas Storage to Accommodate LNG Imports
Speaking at Interchange Energy’s LDC Forum in Atlanta, several industry experts argued that increased natural gas storage capacity is needed in the U.S. Southeast to accommodate rising LNG imports. According to Platts LNG Daily, storage capacity is particularly vital in the United States because LNG imports to the United States are erratic and some cargos tend to arrive during...
City Council Votes to Oppose Site for OceanWay LNG
Posted on Apr 16, 2008 in Regas Terminals & Capacity, State and Local Issues | Comments Off on City Council Votes to Oppose Site for OceanWay LNG
The Oxnard, Calif., City Council voted last night to oppose the preferred site proposed for the OceanWay LNG project. The Ventura County Star also reports that the Port Hueneme City Council is scheduled to vote on a similar measure this...
Cheniere Negotiating Agreement to Transfer Management of LNG Imports at Sabine Pass LNG Terminal
Posted on Apr 16, 2008 in Financing, Regas Terminals & Capacity | Comments Off on Cheniere Negotiating Agreement to Transfer Management of LNG Imports at Sabine Pass LNG Terminal
Citing difficult capital markets, Cheniere Energy, Inc. announced yesterday that the company is finalizing an agreement with a North American natural gas marketing company to handle imports of LNG on Cheniere’s account at the Sabine Pass LNG terminal. The arrangement would allow Cheniere to be reimbursed for certain costs, while both companies would share the proceeds from sales...