EOG to Purchase Ownership Stake in Kitimat LNG Project
Posted on May 19, 2010 in Canada & Mexico, Liquefaction | Comments Off on EOG to Purchase Ownership Stake in Kitimat LNG Project
Yesterday, EOG Resources, Inc. announced its plans to purchase Galveston LNG, a company that holds a 49% ownership stake in the Kitimat LNG liquefaction project proposed for the western British Columbia. The Vancouver Sun provides additional...
Editorial Criticizes Bridge Clearance Bill
Posted on May 19, 2010 in Marine Regulation, Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Editorial Criticizes Bridge Clearance Bill
An editorial carried by the Providence Journal (R.I.) criticizes a bill (S. 2125) under consideration in the Rhode Island General Assembly that would require 25 feet of clearance under the Mt. Hope Bridge for marine vessels 150 feet or longer. The piece, arguing this bill is designed to impede progress on the Weaver’s Cove LNG project, notes the exemplary safety record of the LNG...
NPS Determines Weaver’s Cove LNG Project Inconsistent with Federal Law
Posted on May 18, 2010 in Environmental, Federal Regulation, Regas Terminals & Capacity | Comments Off on NPS Determines Weaver’s Cove LNG Project Inconsistent with Federal Law
The Boston Herald reports that the National Park Service (NPS) has determined that the proposed Weaver’s Cove LNG import project is not consistent with the federal Wild and Scenic Rivers Act. The letter from NPS to FERC should be available in the eLibrary...
Calais City Council Creates Marine Industrial Zone
Posted on May 18, 2010 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Calais City Council Creates Marine Industrial Zone
The City Council of Calais, Maine, voted last week to amend its zoning and land use regulations to create a marine industrial zone for the site proposed for the Calais LNG import facility. Town Manager Diane Barnes noted that the zoning change was not specifically for Calais LNG, but rather to assist development of marine industrial projects in the city, saying “[i]f Calais LNG...
Zachry Closes on Purchase of Cheniere Freeport LNG Stake
Posted on May 17, 2010 in Financing, Regas Terminals & Capacity | Comments Off on Zachry Closes on Purchase of Cheniere Freeport LNG Stake
Late last week Zachry Hastings Infrastructure Partners LP announced that it had closed on its purchase of Cheniere Energy Inc.’s 30 percent stake in Freeport LNG. The San Antonio Business Journal provides further...