Annual Energy Outlook 2007 with Projections to 2030, EIA, Oil and Natural Gas Projections
Posted on 03/30/2007 10:09:26 AM PDT by thackney
NEW ORLEANS (AP) — The Shell Oil Company says it's nixing plans to build a liquefied natural gas terminal in the Gulf of Mexico.
The proposed facility had become a symbol of environmental degradation for fishermen and government officials.
Shell says its decision to disband plans for Gulf Landing L-L-C was based on market considerations and not a reaction to the bad publicity it had received in Louisiana and other Gulf states.
Project director Greg Koehler says the terminals that already have been committed will provide sufficient L-N-G capacity.
Instead of building its own terminal, Koehler says Shell will rely on others both onshore and offshore to transport L-N-G into the Gulf and it may opt to buy capacity rights at other facilities.
Shell's pull out leaves four terminals on the drawing board in the Gulf and only one that is actually receiving shipments of L-N-G -- Excelerate Energy's Gulf Gateway Energy Bridge.
When we need it, they will build it.
when they get $200/therm in taxes, it will come.
Annual Energy Outlook 2007 with Projections to 2030, EIA, Oil and Natural Gas Projections
IIRC there are some 600 or more rigs with legs to the Gulf bottom.
http://en.wikipedia.org/wiki/Oil_platform
We were amazed how mant were out there. We'd tie up to one for a while and move to another.
You may be right, I'm talking oil rigs. This s about gas rigs. Not sure about those.
The main complaint against this facility was the open-loop method of warming the liquified natural gas. It pulls the heat out of surrounding waters to warm the LNG into Pipeline Natural Gas.
First open loop LNG terminal launched
http://www.rodnreel.com/articles/articles.asp?cmd=view&StoryID=782
Date: 3/17/2005
No, I am suggesting the time to get started is now. From submitting an application to having a working facility takes many years.
I think it was 2000 or 2001 when I worked on expanding the Truckline LNG plant in Lake Charles, LA. And they have a lot of room to expand out there.
Just do what they are doing on the west coast. Build it on the Mexican side of the border, and then pipeline it across.
If the Americans don't want the jobs, the Mexicans do.
What's that natural gas bump for Alaska doing on the chart? The countdown for giving up on that gas production has begun. They could at least show the line as a light dotted line and ignore it in the total.
Wishful thinking and old data.
Frank is still on World Cruise until July or something. He had that puppy ready to go. We, the voters, know better, though. Saw a house for sale by owner yesterday. Get out early, avoid the traffic jam on the AlCan.
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