Developers

A proposed liquefied natural gas (LNG) project emerging in its very early stages through the Oregon energy siting process is being backed by a private group of four natural gas industry veterans who expect to have a FERC application filed next year for a relatively small-scale $150 million receiving terminal and peaking generation plant at Coos Bay, OR.

A proposed liquefied natural gas (LNG) project emerging in its very early stages through the Oregon energy siting process is being backed by a private group of four natural gas industry veterans who expect to have a FERC application filed next year for a relatively small-scale $150 million receiving terminal and peaking generation plant at Coos Bay, OR.

A proposed liquefied natural gas (LNG) project emerging in its very early stages through the Oregon energy siting process is being backed by a private group of four natural gas industry veterans who expect to have a FERC application filed next year for a relatively small-scale $150 million receiving terminal and peaking generation plant at Coos Bay, OR.

Reliance on natural gas is a steadily escalating source of financial pain for oilsands complexes. Alberta’s three oilsands mining and bitumen upgrading complexes spent a total of C$692 million (US$520 million) on gas in 2003, or five times what they spent in 1999, according to the Calgary energy investment firm of Peters & Co. Ltd.

Joining the increasing crowd of energy plant developers on North Baja beaches, Shell Mexico Tuesday announced that it received a permit from federal energy regulators in Mexico to build its proposed liquefied natural gas (LNG) receiving terminal in North Baja, joining Sempra Energy and Marathon affiliates that also have obtained approvals from the Comision Regulatodora de Energia (CRE).

Natural gas producers and pipeline developers stand warned to make community relations a priority if they advance, as planned this year, a proposal to connect Arctic supplies with a project traversing the native-dominated Mackenzie Valley.

Natural gas producers and pipeline developers stand warned to make community relations a priority if they advance, as planned this year, a proposal to connect Arctic supplies with a project traversing the native-dominated Mackenzie Valley.

Calpine Corp., one of two West Coast merchant power plant developers to take it on the chin last Thursday, reported depressed second quarter financial results, mirroring unprecedented low wholesale electricity prices nationally in which the average spark spread between fuel prices and power prices are at historic lows below $5. Both PG&E Corp. (see separate story) and Calpine reported net income that was reduced for the quarter compared to the period a year earlier.

Greenbrier Pipeline Co. LLC is touting itself as the first new project to use FERC’s new pre-filing process, in which project developers file a significant amount of information, including an environmental review and routing analysis, about a proposed project before the actual certificate filing makes it to FERC’s mailbox. Although Greenbrier, a mid-Atlantic project, won’t file its formal certificate application until later this year, the company has filed a significant amount of environmental information under the new pre-filing (PF) docket.