TransCanada Still Seeking Approval for Broadwater LNG from New York State
Posted on Feb 12, 2009 in Regas Terminals & Capacity, State and Local Issues | Comments Off on TransCanada Still Seeking Approval for Broadwater LNG from New York State
Harold Kvisle, president and CEO of TransCanada Corp., told attendees at CERAWeek that his company remains interested in the Broadwater LNG regasification project, but notes that the project has been “bogged down” in the New York State environmental review process. Upstream Online [subscription required] offers additional...
Local Officials to Consider Resolution Opposing Safe Harbor LNG Deepwater Port Project
Posted on Feb 12, 2009 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Local Officials to Consider Resolution Opposing Safe Harbor LNG Deepwater Port Project
The Hazlet, N.J., Township Committee is considering supporting a resolution opposing the proposed Safe Harbor LNG deepwater port proposed for offshore New York and New Jersey. The Independent reports that a representative of the New Jersey Green Party and Clean Ocean Action presented the resolution at a recent public meeting of the township...
FERC Sets Comment Date for Revised Weaver’s Cove LNG Terminal Design
Posted on Feb 12, 2009 in Federal Regulation, Regas Terminals & Capacity | Comments Off on FERC Sets Comment Date for Revised Weaver’s Cove LNG Terminal Design
FERC announced yesterday that the Commission will accept public comments on the revised design of the Weaver’s Cove LNG terminal project through March 4, 2009. Read FERC’s announcement in the eLibrary under Docket No....
Chesapeake CEO Notes Challenges Facing New U.S. LNG Export Projects
Posted on Feb 12, 2009 in Liquefaction, Markets and Competition | Comments Off on Chesapeake CEO Notes Challenges Facing New U.S. LNG Export Projects
Chesapeake Energy Corp. Chairman and CEO Aubrey McClendon said yesterday that his company remains interested in exporting U.S. natural gas as LNG, but noted that “with the current gas price environment and the credit situation, it is going to be pretty tough.” Dow Jones (via Energy Central [subscription required]) provides additional...
Analysts: Global Financial Slowdown Could Signal Rebound for LNG Project Construction
Posted on Feb 12, 2009 in Markets and Competition | Comments Off on Analysts: Global Financial Slowdown Could Signal Rebound for LNG Project Construction
Speaking at CERAWeek, a number of panelists stated that the current global financial slowdown may significantly lower construction costs of LNG projects, making these projects attractive long-term investments. Reuters provides additional...