Rhode Island Legislator Proposes Several Million Dollars in Tolls for LNG Vessels Delivering to Weaver’s Cove Terminal
Posted on Mar 24, 2010 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on Rhode Island Legislator Proposes Several Million Dollars in Tolls for LNG Vessels Delivering to Weaver’s Cove Terminal
Rhode Island State Rep. Raymond E. Gallison, Jr., (D) has proposed H 7608, a bill that would require LNG vessels to pay $1 million in tolls to each of seven shoreline communities the vessel would pass to reach the Weaver’s Cove LNG terminal. According to the Herald News (Fall River, Mass.), the bill also would require LNG vessels delivering to the terminal to carry at least $1 billion in liability insurance and post bonds of several hundred million dollars for each transit. Rep. Gallison notes that the legislation is designed to make it almost impossible for an LNG developer to comply with these requirements.