Terminals

LNG, Unconventional Resources, and GOM Supplies All Crucial

Despite the drilling progress that has been made and the liquefied natural gas (LNG) import terminals that have been planned, the gas supply picture remains uncertain, and over the next few years natural gas markets can expect continued price volatility, speakers at GasMart 2006 said Thursday. LNG supply will remain tight until the end of the decade, and Gulf of Mexico, unconventional onshore and LNG resources all will be needed to meet growing industrial and power generation demand.

May 5, 2006

FERC Says ‘No’ to Reopening Weaver’s Cove Case; Capitol Hill Reacts

FERC last Monday rejected requests by New England parties to reopen the case of the proposed Weaver’s Cove liquefied natural gas (LNG) import terminal to be located in Fall River, MA, saying the parties failed to demonstrate that the company’s new plan to use smaller tankers to navigate the Taunton River amounted to “extraordinary circumstances.”

April 24, 2006

New England RTO Calls for New LNG Import Terminals, Pipeline Capacity

ISO New England (ISO-NE) on Monday called for the region to increase the availability of natural gas by building new liquefied natural gas (LNG) import terminals and natural gas pipeline capacity in order to help protect consumers from volatile fuel supplies.

April 4, 2006

Australia’s Woodside to Propose Added Offshore CA LNG Terminal

With the state’s chief energy regulator publicly advocating eventually two offshore liquefied natural gas (LNG) terminals for California, Australian oil/gas exploration and development behemoth Woodside Energy Ltd. will announce Wednesday in Sacramento a fourth proposed LNG project for the state. Its location is unspecified and it is billed as not needing a receiving terminal, according to a report in Tuesday’s Los Angeles Times.

January 18, 2006

FERC Urged to Not ‘Brush Aside’ Concerns Associated with Cove Point LNG Project

While supporting efforts of FERC to process proposals to build liquefied natural gas (LNG) import terminals in a timely fashion, gas distributor KeySpan Energy said it was “equally important” for the federal agency to take the proper steps to ensure that LNG supplies “do not compromise the safety and reliability of existing distribution systems.”

December 19, 2005

FERC Urged Not to ‘Brush Aside’ Concerns Associated with Cove Point LNG Project

While supporting efforts of FERC to process proposals to build liquefied natural gas (LNG) import terminals in a timely fashion, gas distributor KeySpan Energy said it was “equally important” for the federal agency to take the proper steps to ensure that LNG supplies “do not compromise the safety and reliability of existing distribution systems.”

December 15, 2005

CPUC Quietly Closes Its Probe of Long Beach LNG Proposal

Citing the new federal Energy Policy Act of 2005, parts of which give FERC exclusive siting authority for onshore liquefied natural gas (LNG) terminals, the California Public Utilities Commission dropped its investigation of the Sound Energy Solutions (SES) proposed LNG terminal in Long Beach harbor in a closed session following its business meeting earlier this month (Nov. 18). The state regulators had started the proceeding to examine safety and economic issues.

November 29, 2005

Hurricanes’ Lesson for Gulf LNG? Onsite Electricity, Sempra Exec Says

The experience of existing U.S. liquefied natural gas (LNG) facilities during the recent Gulf of Mexico hurricanes has supported the designs for new terminals and demonstrated that onsite power generation is probably the single most important added consideration for the new projects, according to Sempra Energy COO Donald Felsinger.

November 3, 2005

Cheniere Energy to Begins Process of Remobilizing Sabine LNG Terminal Construction

Cheniere Energy Inc., which is developing three liquefied natural gas (LNG) regasification terminals along the Gulf Coast, said Friday it will begin remobilizing construction activities on its Sabine Pass, LA site in Cameron Parish on Monday. Activity should return to pre-hurricane levels within the next five to six weeks, the company said.

October 10, 2005

TransCanada’s Cacouna Energy LNG Terminal Gets 57% Local Voter Approval

TransCanada appears to have finally overcome its bad luck in getting towns to approve proposed liquefied natural gas (LNG) import terminals. However, it wasn’t exactly a landslide decision. After having LNG projects rejected by two towns in Maine last year, the company’s Cacouna Energy project, which TransCanada and partner Petro-Canada plan to build in Cacouna, PQ, squeaked by with a 57% approval by voters in a nearby Quebec village.

September 28, 2005