FERC Dismisses Quoddy Bay LNG Applications
Posted on Oct 17, 2008 in Federal Regulation, Regas Terminals & Capacity | Comments Off on FERC Dismisses Quoddy Bay LNG Applications
Today FERC formally dismissed the applications of Quoddy Bay LNG LLC to build and operate an LNG import terminal and associated pipelines. FERC cited Quoddy Bay LNG’s failure to provide previously requested information and failure to offer further information regarding the possible changes to the project design. FERC’s letter order, available in the FERC eLibrary under...
Editorial Praises Alabama Governor’s Opposition to the TORP LNG Proposal
Posted on Oct 17, 2008 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Editorial Praises Alabama Governor’s Opposition to the TORP LNG Proposal
An editorial carried by the Anniston Star (Ala.) praises Alabama Gov. Bob Riley’s (R) opposition to the TORP Bienville LNG deepwater port due to the project’s planned use of open loop...
Freeport LNG Requests Determination on Pre-Filing Process for Re-Export Proposal
Posted on Oct 16, 2008 in Federal Regulation | Comments Off on Freeport LNG Requests Determination on Pre-Filing Process for Re-Export Proposal
Earlier this week, Freeport LNG requested a determination from FERC whether the terminal must follow the pre-filing process applicable to LNG facilities as it seeks authorization for its LNG re-export proposal. FERC determined on October 8 that Sabine Pass LNG was not required to pursue the pre-filing process to obtain re-export authority. The letter to FERC from Freeport LNG is...
County Official Predicts Millions in Tax Revenue for Local Coffers from Gulf LNG
Posted on Oct 16, 2008 in Regas Terminals & Capacity, State and Local Issues | Comments Off on County Official Predicts Millions in Tax Revenue for Local Coffers from Gulf LNG
Jackson County (Miss.) Tax Assessor Benny Goff estimates that the Gulf LNG import terminal will net the county approximately $14 million in tax revenue annually once it begins commercial operations. The Sun Herald (Biloxi, Miss.) provides additional...
Analysis: Future of North American LNG Market Uncertain
Posted on Oct 16, 2008 in Markets and Competition | Comments Off on Analysis: Future of North American LNG Market Uncertain
Noting that some industry experts remain optimistic that LNG will be necessary to meet future North American natural gas demand, World Gas Intelligence offers an analysis of recent events in the North American LNG market and concludes that the future of the continent’s natural gas market is uncertain. [Subscription...