NATS: US LNG Imports Total 351.7 Bcf in 2008
Posted on Feb 4, 2009 in Markets and Competition | Comments Off on NATS: US LNG Imports Total 351.7 Bcf in 2008
NATS said today that US LNG imports for 2008 totaled 351.7 Bcf, which accounts for approximately 3.8% of global LNG production and makes the U.S. market the sixth largest importer of LNG in the world. Zach Allen, president of NATS, notes that despite the global economic climate, it is their expectation that “LNG producers will continue to produce, even in the face of very...
Local Church Plans Information Session on Offshore New Jersey LNG Proposals
Posted on Feb 4, 2009 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Local Church Plans Information Session on Offshore New Jersey LNG Proposals
St. Mary’s Roman Catholic Church of Colts Neck, N.J., is planning an informational meeting for February 18, 2009, to address questions surrounding the three LNG deepwater port projects proposed for offshore New Jersey. See the News Transcript (Colts Neck, N.J.) for further...
Legislation Proposed in Miss. Senate to Repeal Gulf LNG Tax Allocation
Posted on Feb 4, 2009 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Legislation Proposed in Miss. Senate to Repeal Gulf LNG Tax Allocation
The Mississippi Press reports that state Sen. Tommy Moffat (R) has proposed legislation that would repeal a law that provides for the allocation of future ad valorem tax revenue expected to be generated by the Gulf LNG terminal and other existing and expanding energy facilities in Pascagoula, Miss. Under the current law, passed in 2007, ad valorem taxes from these facilities will be...
Weaver’s Cove LNG Files Application with FERC to Modify Project Design
Posted on Feb 3, 2009 in Federal Regulation, Regas Terminals & Capacity | Comments Off on Weaver’s Cove LNG Files Application with FERC to Modify Project Design
Weaver’s Cove LNG announced yesterday that it has filed an application with FERC to modify its previously approved design for an LNG receiving terminal in Fall River, Mass. The new design would include an offshore unloading site in Mount Hope Bay and an underground pipeline to transport LNG to the regasification and storage facility. The Fall River Herald News provides additional...
Former FERC Chairman Offers Response to Maryland Senator, Congressmen
Posted on Feb 3, 2009 in Federal Regulation, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Former FERC Chairman Offers Response to Maryland Senator, Congressmen
Joseph T. Kelliher, the former chairman of FERC, provided responses to letters from Sen. John Sarbanes (D-Md.), Rep. Elijah Cummings (D-Md.), and Rep. C.A. Dutch Ruppersberger (D-Md.) regarding the proposed AES Sparrows Point LNG terminal. Kelliher’s letters noted the criticism of the Commission’s decision to issue conditional approval for Sparrows Point, but stated that...