LUBA Rules in Favor of County in Withdrawal of Oregon LNG Project Approval
Posted on Feb 21, 2011 in Regas Terminals & Capacity, State and Local Issues | Comments Off on LUBA Rules in Favor of County in Withdrawal of Oregon LNG Project Approval
The Oregon Land Use Board of Appeals (LUBA) has allowed Clatsop County to withdraw its previous approval of the Oregon LNG terminal and associated pipeline projects. LUBA’s decision overrules an objection filed by Oregon LNG to the withdrawal. The Daily Astorian reports that a public hearing on reconsideration of the Oregon LNG project will be held March 9, 2011, in Astoria,...
Local Police Action Against Costa Azul LNG Facility Criticized in Mexico, United States
Posted on Feb 21, 2011 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Local Police Action Against Costa Azul LNG Facility Criticized in Mexico, United States
The San Diego Union-Tribune summarizes reactions in both Mexico and the United States to a recent raid by local police of Sempra LNG’s Energia Costa Azul LNG import facility that led to a confrontation with the Mexican military. The reactions reported by the Union-Tribune were overwhelmingly...
Oregon Congressman Offers Measure to Defund FERC LNG Facility Review Process
Posted on Feb 18, 2011 in Federal Regulation, Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Oregon Congressman Offers Measure to Defund FERC LNG Facility Review Process
Congressman David Wu (D-Ore.) has introduced an amendment to the continuing resolution omnibus appropriations bill that would prevent federal funds from being used to implement Section 3(e) of the Natural Gas Act, effectively blocking FERC’s review of LNG import projects. In a press release, Rep. Wu said that FERC’s authority over LNG siting decisions is “overbearing and...
LNG Tanker Market Improving for Ship Owners
Posted on Feb 18, 2011 in Markets and Competition, Vessel Transportation | Comments Off on LNG Tanker Market Improving for Ship Owners
Bloomberg reports that the market for LNG carrier owners has increased dramatically this year, with average spot LNG tanker rates doubling to $70,000 per day.
Kitimat LNG Negotiating with Asian-Pacific LNG Buyers
Posted on Feb 18, 2011 in Canada & Mexico, LNG Exports | Comments Off on Kitimat LNG Negotiating with Asian-Pacific LNG Buyers
In an earnings call yesterday, Apache official John Crum said that negotiations are underway between Kitimat LNG and several Asian-Pacific LNG buyers. Crum went on to say that he hopes a final investment decision can be taken on the project by the end of this year, with a target date of 2015 for the first LNG exports from the Kitimat facility. Read more in the Calgary...