Nigerian LNG Exports to U.S. Market Could Affect Prices This Winter
Posted on Nov 13, 2009 in Markets and Competition | Comments Off on Nigerian LNG Exports to U.S. Market Could Affect Prices This Winter
Reuters (carried via Forbes) reports that increased LNG exports from Nigeria LNG to the Atlantic Basin are likely to find their way to U.S. destinations, driving gas prices down in North America. Nikos Tsafos, an analyst with PFC Energy, suggests that, although the Atlantic Basin gas market has been relatively balanced in the last year, that balance was mainly due to a shut-in of...
Massachusetts State Reps. Urge Federal Government to Close Potential WTO LNG Loophole
Posted on Nov 13, 2009 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Massachusetts State Reps. Urge Federal Government to Close Potential WTO LNG Loophole
State Reps. David Sullivan (D) and Byron Rushing (D) have pushed a resolution through the Massachusetts House of Representatives which urges the U.S. Trade Representative to exclude LNG terminals from ongoing negotiations with the World Trade Organization. Rep. Sullivan is concerned could negatively affect state authority over LNG terminal siting matters, including the Weaver’s...
Massachusetts Energy and Environment Office Clarifies Position on Weaver’s Cove LNG Proposed Mitigation Measures
Posted on Nov 13, 2009 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Massachusetts Energy and Environment Office Clarifies Position on Weaver’s Cove LNG Proposed Mitigation Measures
The Massachusetts Executive Office of Energy and Environmental Affairs submitted a letter to FERC and the U.S. Army Corps of Engineers last week clarifying Secretary Ian A. Bowles’ position on the mitigation proposal filed by Weaver’s Cove LNG on October 20, 2009. Agencies under the Secretary’s control have expressed “significant reservations” regarding...
Jordan Cove LNG Application Not on Agenda for FERC’s Upcoming Meeting
Posted on Nov 13, 2009 in Federal Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Jordan Cove LNG Application Not on Agenda for FERC’s Upcoming Meeting
The World (Coos Bay, Ore.) reports that the Jordan Cove LNG application is not on the agenda for FERC’s November 19, 2009, meeting despite requests from members of the local community that the Commission address the...
Federal Magistrate Rejects Port’s Motion to Dismiss Oregon LNG Suit Over Site Lease
Posted on Nov 13, 2009 in Litigation, Regas Terminals & Capacity | Comments Off on Federal Magistrate Rejects Port’s Motion to Dismiss Oregon LNG Suit Over Site Lease
United States Federal Magistrate Judge John Jelderks has denied a motion to dismiss a lawsuit brought by Oregon LNG against the Port of Astoria. The suit alleges that the Port has delayed exercising an option to extend the lease between the Port and the Oregon Department of State Lands for the Oregon LNG project site. Rather than extending the lease 30 years to match the term of the...