Daily Letters to the Editor
Posted on Apr 18, 2008 in State and Local Issues | Comments Off on Daily Letters to the Editor
Statesman-Journal (Ore.) (opposed to Oregon LNG)
Constellation Secures Interim Capacity at Freeport LNG
Posted on Apr 18, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Constellation Secures Interim Capacity at Freeport LNG
Constellation Energy has signed an agreement with Freeport LNG to acquire interim capacity at the terminal, which is expected to begin commercial operations in June 2008. LNG Unlimited [subscription required] has full...
Cheniere Stock Drops Amid Cash Flow Concerns
Posted on Apr 18, 2008 in Financing, Regas Terminals & Capacity | Comments Off on Cheniere Stock Drops Amid Cash Flow Concerns
Bloomberg News (carried via the Houston Chronicle) reports that shares of Cheniere Energy continue to lose value, including a 16% drop yesterday, on fears that the company may not be able to finance its debt given a dearth of LNG cargos expected at its planned and existing terminals, including Sabine...
NorthernStar and Local Residents Seek Injunction to Halt Referendum
Posted on Apr 17, 2008 in Litigation, Regas Terminals & Capacity, State and Local Issues | Comments Off on NorthernStar and Local Residents Seek Injunction to Halt Referendum
The developer of the Bradwood Landing LNG terminal, NorthernStar Natural Gas, along with some residents of Astoria, Ore., filed a motion in Clatsop County Circuit Court (Ore.) seeking a preliminary injunction to halt the processing of a petition for a ballot referendum. Last week, several organizations opposed to the Bradwood Landing LNG project submitted a petition to the Clatsop...
Excelerate Confirms Delivery Delay to Northeast Gateway LNG Deepwater Port
Posted on Apr 17, 2008 in Regas Terminals & Capacity | Comments Off on Excelerate Confirms Delivery Delay to Northeast Gateway LNG Deepwater Port
Citing “scheduling reasons,” Excelerate Energy confirmed earlier reports that the initial cargo for the Northeast Gateway LNG deepwater port has been delayed. Excelerate’s Chief Operating Officer, Jonathan Cook, released a statement yesterday saying that the LNG carrier Excellence will transfer cargo destined for South America via a ship to ship transfer prior to...