Weaver’s Cove Asserts Massachusetts’ Application of Environmental Permitting Regulations Violates U.S. Constitution
Posted on May 21, 2008 in Litigation, Regas Terminals & Capacity | Comments Off on Weaver’s Cove Asserts Massachusetts’ Application of Environmental Permitting Regulations Violates U.S. Constitution
On Monday, Weaver’s Cove Energy filed a complaint in the federal district court for the District of Massachusetts seeking: (1) to declare that certain sections of the General Laws of Massachusetts and the Code of Massachusetts Regulations have no legal effect because they are preempted by the Natural Gas Act; (2) to declare that the state review of the Weaver’s Cove...
Trinidad & Tobago Invited to “Participate” in Liberty Offshore LNG Project
Posted on May 21, 2008 in Liquefaction, Regas Terminals & Capacity | Comments Off on Trinidad & Tobago Invited to “Participate” in Liberty Offshore LNG Project
Canadian Superior Chairman Greg Noval said yesterday that the government of Trinidad & Tobago, a potential supplier for the recently proposed Liberty offshore LNG project, has been asked “to participate” in the project. Separately, Roger Whelan, CEO of project sponsor Excalibur, told Platts LNG Daily [subscription required] that Trinidad & Tobago is not the only...
Discussions Continue Regarding Fire Protection Services for Elba Island Terminal
Posted on May 21, 2008 in Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Discussions Continue Regarding Fire Protection Services for Elba Island Terminal
WSAV News reports that despite announcing it would contract out fire protection services to Southside Fire two weeks ago, Southern LNG has continued to discuss keeping its Elba Island LNG terminal under the protection of the Savannah Fire...
Project Developers Release Details on Offshore New Jersey LNG Deepwater Port
Posted on May 20, 2008 in Regas Terminals & Capacity | Comments Off on Project Developers Release Details on Offshore New Jersey LNG Deepwater Port
Canadian Superior Energy, Inc., and Global LNG Inc., released details about the Liberty Natural Gas Transmission Project, an LNG deepwater port proposed for offshore New Jersey. The $550 million project will be located 15 miles off the coast of New Jersey and will be designed with an import capacity of 2.4 Bcf/d. The project is expected to come on-stream by late 2011. The news release...
Investment Ratings Service Downgrades Sabine Pass LNG’s Credit Rating
Posted on May 20, 2008 in Financing, Regas Terminals & Capacity | Comments Off on Investment Ratings Service Downgrades Sabine Pass LNG’s Credit Rating
Moody’s Investors Service [free registration required] has downgraded its rating of Sabine Pass LNG, L.P., citing parent company Cheniere Energy Inc.’s “stressed liquidity position” starting in 2009. Moody’s also notes that “the rating outlook is negative” for Sabine Pass...