LNG Projects Clear FERC Review

Tuesday, May 23, 2006
Federal Energy Regulatory Commission (FERC) staff recently said two proposed liquefied natural gas import terminals on the Mississippi coast would not significantly harm the environment, clearing a major hurdle for the projects to win final approval from the agency.

The proposed LNG Clean Energy Project that would be located in the Port of Pascagoula would be able to send out up to 1.5 billion cubic feet of gas a day. The $450 million terminal, which would be operated by the Houston-based private investor group Gulf LNG Energy LLC, would be able to handle 150 LNG tankers a year.

Separately, Chevron Corp's Casotte Landing LNG project would be located next to the company's Pascagoula refinery and will process imported LNG for distribution to industrial, commercial and residential customers in Mississippi and the Southeast region, including the growing Florida market. The terminal would be able to send out 1.3 billion cubic feet of LNG a day. The two LNG projects will be voted on at a later meeting of the FERC's commissioners. The operators of the projects plan to have them in service in 2009.

(Source: Reuters)

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

LNG

Gazprom, OMV Meet on Establishing Nord Stream JV

At a Meeting held at the Gazprom headquarters between Alexey Miller, Chairman of the Company's Management Committee and Rainer Seele, Chairman of the Executive Board of OMV,

Volvo Penta Debuts Marine Gas Sterndrive Engines

Volvo Penta today unveiled its new family of next-generation 5.3L V8 gasoline engines for the marine sterndrive market in a press preview at the company’s Test Center in Suffolk, Va.

Oil Steadies as Equities Rally

Recovering stock markets boost oil prices; U.S. crude on track for first weekly gain in nine weeks. Oil prices steadied on Friday after bouncing back from six-and-a-half-year

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Pod Propulsion Salvage Ship Electronics Ship Repair Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2387 sec (4 req/sec)