EIA Lowers Projection for 2008 U.S. LNG Imports
Posted on Jun 11, 2008 in Canada & Mexico, Markets and Competition | Comments Off on EIA Lowers Projection for 2008 U.S. LNG Imports
The Energy Information Administration (EIA) lowered its previously projected total of U.S. LNG imports for 2008 from 580 Bcf to 530 Bcf in its Short-Term Energy Outlook, which would represent a 240 Bcf decline from 2007’s LNG import total. EIA also predicts U.S. LNG import levels will reach 850 Bcf in 2009, citing increased worldwide liquefaction capacity. Separately, the...
Piedmont Natural Gas Announces LNG Storage Facility
Posted on Jun 10, 2008 in Storage | Comments Off on Piedmont Natural Gas Announces LNG Storage Facility
The Charlotte Business Journal reports that Piedmont Natural Gas Company Inc. has announced plans to construct and operate an LNG peak-shaving facility near Lumberton, N.C. The facility will have a storage capacity of 1.25 million cubic feet and is expected to come online in...
Opponents of Proposed Sparrows Point LNG Terminal Voice Concerns at Public Hearing
Posted on Jun 10, 2008 in Federal Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Opponents of Proposed Sparrows Point LNG Terminal Voice Concerns at Public Hearing
Opponents of the proposed Sparrows Point LNG regasification terminal attended a public hearing with federal regulators yesterday to voice their concerns with the project. According to the Baltimore Sun, concerns included safety and security, potential environmental impacts, and other effects on surrounding...
Gazprom Seeking Entry into Alaskan Pipeline Project
Posted on Jun 10, 2008 in Markets and Competition, Pipelines | Comments Off on Gazprom Seeking Entry into Alaskan Pipeline Project
Platts LNG Daily [subscription required] reports that Gazprom is seeking entry into an Alaskan natural gas pipeline project proposed by ConocoPhillips and BP. Separately, the Financial Times suggests that Gazprom’s proposal may be connected to its interest in entering the North American LNG...
Chatham County Seeking Back Taxes from Southern LNG, BG LNG Services
Posted on Jun 10, 2008 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Chatham County Seeking Back Taxes from Southern LNG, BG LNG Services
The Florida Times-Union (Jacksonville, Fla.) offers details on an ongoing dispute over back taxes stemming from LNG imported via the Elba Island LNG regasification terminal by BG LNG Services. Chatham County (Ga.) is claiming that back taxes are owed, while Southern LNG and BG argue they were...