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LNG Terminal Boom

by Jeff Della Penna

   According to LNG industry news, as of September 2004, there were four operating LNG import terminals in North America, with plans for 46 more. Currently, the only operating facility in the Greater New England area is the Everett LNG in Everett, Massachusetts. Everett has been in operation since November 1971.
   Of those 46 planned terminals, eight have received final regulatory approvals, 24 projects are already in various stages of the regulatory approval process, and 14 of the LNG projects remain in the planning stages.
   In addition to the planned Quoddy Bay project at Pleasant Point, other planned and/or proposed terminals in the New England area include: Brayton Point LNG at Somerset, Massachusetts, near Brayton Point Station, Northeast Gateway LNG, Offshore of Gloucester, Massachusetts (estimated cost of $200 million), Weaver's Cove LNG. at Fall River, Massachusetts, (estimated cost of $250 million), Providence LNG, at Fields Point, Rhode Island (a conversion of an existing LNG storage terminal).
   In Atlantic Canada, two separate LNG projects are being proposed and pushed rapidly through the regulatory process. Access Northeast Energy Inc., of Nova Scotia, (which was recently purchased by U.S. energy giant Anadarko Petroleum Corp.) is proposing an LNG terminal to be located at Bear Head, along the Strait of Canso. In New Brunswick, Irving Oil Ltd. has already received approval for plans to build Canaport LNG (estimated cost $500 million), at an existing docking facility near Saint John.


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