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11/17 -- FALL RIVER - In a new and markedly aggressive push for a
liquefied natural gas port facility in Fall River, a team of lawyers
is accusing Mayor Edward M. Lambert Jr. and others of misleading the
public by falsely suggesting that the entire state legislature is
opposed to the project.
The mayor and several local lawmakers say the lawyers for
Weaver's Cove Energy and Hess LNG are wrong and point to legislative
resolutions that were passed on Beacon Hill last spring.
But the developer's lawyers wonder how anyone can say the entire
legislature supported those resolutions if members of the Senate and
House energy committees didn't even know they existed.
So who's right?
It all depends on the meaning and significance of a so-called
"legislative resolution" -- something that the group of legislators
interviewed for this story wasn't very resolute about.
In this case, the legislative resolution is a detailed statement
that passed in the Senate on May 24 and was adopted in the House on
May 27.
Adorned with a shiny seal and ribbon, the resolution declares
that "the Massachusetts General Court joins with the city of Fall
River and other civic and environmental groups to oppose the siting
of an LNG facility in the city of Fall River . . ."
In recent interviews, Lambert and others, including state Rep.
Robert Correia, said every lawmaker had an opportunity to object to
the legislature's approval of the resolution.
And, since no one did, it was safe and quite accurate to claim
that the entire legislature supported it, they said.
"I know they don't like to lose," said Lambert, referring to the
developers, "but until something different happens, it is
representative of the feeling of the legislature of Massachusetts."
The vote was taken during an informal session, which means no one
took records on how many lawmakers were present when it came to a
vote that day.
It is clear that no one in either chamber voiced any disapproval
of the resolution; if they had, the item would have been moved to
the formal session.
Instead it passed with what some lawmakers call "unanimous"
support.
"No one recorded any opposition," recalled Correia, a Fall River
Democrat and ardent opponent of the LNG proposal.
"Silence is consent," he said.
At a public hearing on the project in September, Correia told
federal regulators that the resolution represents the opposition of
40 senators and 160 representatives.
But he cannot remember how many legislators actually voted.
Sen. Joan M. Menard, D-Fall River, also said she couldn't
remember how many lawmakers actually voted.
Rep. Patricia Haddad, D-Somerset, was also unsure.
However, like Correia and Lambert, both Menard and Haddad argued
that the resolution exemplifies the position of the entire
legislature.
"There was no question," Menard said. "There was no discussion."
"I don't think anyone would argue that the siting of the LNG
plant is probably the worst site they could have chosen," she said.
Anyone but the chairman of the House's energy committee, John
Binienda.
"I support the LNG proposal," said Binienda, a Worcester Democrat
who is deeply concerned about the region's energy supply.
"I think as long as it meets the public safety criteria for
affecting the neighborhood, we should go forward," he said.
"They're probably hearing about explosions and explosions and
explosions," he said, citing a passage in the resolution. "These
things don't explode outwards. They explode upwards."
As he emphasized that he wouldn't want to do anything to
disrespect his legislative colleagues in the Fall River area,
Binienda made it clear that he wasn't notified of the resolution
before it was voted on.
And such a resolution, he said, should not be portrayed as
representing the will of the entire legislature if it has only six
or seven lawmakers' names written on it.
Binienda's counterpart on the Senate energy committee, Sen. John
O'Leary, said such a resolution is supposed to represent the will of
the entire legislature.
But only noncontroversial resolutions should be taken up during
informal legislative sessions, he said.
So is the LNG terminal proposed for Fall River too controversial
for such a session?
"I'll leave that open," O'Leary said.
The proposal to receive vast quantities of LNG from tankers has
created a furor in Fall River where residents and officials are
concerned about the potential for terrorism.
The developer's attorneys from the firm of Baker Botts tried to
slam the door on the issue in their voluminous filing with the
Federal Energy Regulatory Commission earlier this month.
They said that members "tend to be absent" during informal
sessions, which are generally used for noncontroversial items only.
"If the resolution were of such alleged importance," wrote the
developers' attorneys, "it would not have been positioned among
resolutions honoring Boy Scouts for their community service; and
commemorating the one hundredth anniversary of the Boylston Public
Library . . ."
(C) 2004 The Providence Journal.
Geschrieben von GMTMaster am Do., 18.11.2004 - 17:33
“Gas balloon?” was the title Barron’s assigned to a February 9 article by Spencer Jakab on the speculative momentum that has built up behind natural gas and, especially, behind liquefied natural gas (LNG). The article reported that shares of large-cap natural gas producers including Devon Energy and Burlington Resources are up more than 100% over the past four years, with small caps climbing by 500%, on average. The run-ups in the stocks of LNG terminal developers have been even more eye-popping: Shares of Cheniere Energy, for example, are up 1,100% in just the past year.
Studie sieht auch für Deutschland zusätzliche Versorgungsalternative
Hamburg/dpa (23.03.06) - Verflüssigtes Erdgas (LNG) könnte nach einer Studie der HypoVereinsbank auch für den deutschen Energiemarkt eine zusätzliche Versorgungsalternative bieten. Immer mehr Länder steigen gegenwärtig in die Produktion, den Handel und den Verbrauch von LNG ein, heißt es in der Studie, die am Donnerstag in Hamburg bei einer Konferenz der HypoVereinsbank zum Thema Schiffsfinanzierung vorgelegt wurde.
Das weltweite Handelsvolumen dürfte im vergangenen Jahr rund 200 Milliarden Kubikmeter LNG betragen haben, das sind über zehn Prozent mehr als im Jahr zuvor und entspreche mehr als einem Viertel des weltweit gehandelten Erdgas.
Deutschland deckt rund 23 Prozent seines Energiebedarfs durch Erdgas, von denen wiederum mehr als 80 Prozent importiert werden, vor allem aus Russland, Norwegen und den Niederlanden.
Kein börsennotiertes Unternehmen, aber schon ein Preisverlauf:
Zum Thema LNG:
Developers: Not All Lawmakers Oppose LNG
Nov 17, 2004
11/17 -- FALL RIVER - In a new and markedly aggressive push for a
liquefied natural gas port facility in Fall River, a team of lawyers
is accusing Mayor Edward M. Lambert Jr. and others of misleading the
public by falsely suggesting that the entire state legislature is
opposed to the project.
The mayor and several local lawmakers say the lawyers for
Weaver's Cove Energy and Hess LNG are wrong and point to legislative
resolutions that were passed on Beacon Hill last spring.
But the developer's lawyers wonder how anyone can say the entire
legislature supported those resolutions if members of the Senate and
House energy committees didn't even know they existed.
So who's right?
It all depends on the meaning and significance of a so-called
"legislative resolution" -- something that the group of legislators
interviewed for this story wasn't very resolute about.
In this case, the legislative resolution is a detailed statement
that passed in the Senate on May 24 and was adopted in the House on
May 27.
Adorned with a shiny seal and ribbon, the resolution declares
that "the Massachusetts General Court joins with the city of Fall
River and other civic and environmental groups to oppose the siting
of an LNG facility in the city of Fall River . . ."
In recent interviews, Lambert and others, including state Rep.
Robert Correia, said every lawmaker had an opportunity to object to
the legislature's approval of the resolution.
And, since no one did, it was safe and quite accurate to claim
that the entire legislature supported it, they said.
"I know they don't like to lose," said Lambert, referring to the
developers, "but until something different happens, it is
representative of the feeling of the legislature of Massachusetts."
The vote was taken during an informal session, which means no one
took records on how many lawmakers were present when it came to a
vote that day.
It is clear that no one in either chamber voiced any disapproval
of the resolution; if they had, the item would have been moved to
the formal session.
Instead it passed with what some lawmakers call "unanimous"
support.
"No one recorded any opposition," recalled Correia, a Fall River
Democrat and ardent opponent of the LNG proposal.
"Silence is consent," he said.
At a public hearing on the project in September, Correia told
federal regulators that the resolution represents the opposition of
40 senators and 160 representatives.
But he cannot remember how many legislators actually voted.
Sen. Joan M. Menard, D-Fall River, also said she couldn't
remember how many lawmakers actually voted.
Rep. Patricia Haddad, D-Somerset, was also unsure.
However, like Correia and Lambert, both Menard and Haddad argued
that the resolution exemplifies the position of the entire
legislature.
"There was no question," Menard said. "There was no discussion."
"I don't think anyone would argue that the siting of the LNG
plant is probably the worst site they could have chosen," she said.
Anyone but the chairman of the House's energy committee, John
Binienda.
"I support the LNG proposal," said Binienda, a Worcester Democrat
who is deeply concerned about the region's energy supply.
"I think as long as it meets the public safety criteria for
affecting the neighborhood, we should go forward," he said.
"They're probably hearing about explosions and explosions and
explosions," he said, citing a passage in the resolution. "These
things don't explode outwards. They explode upwards."
As he emphasized that he wouldn't want to do anything to
disrespect his legislative colleagues in the Fall River area,
Binienda made it clear that he wasn't notified of the resolution
before it was voted on.
And such a resolution, he said, should not be portrayed as
representing the will of the entire legislature if it has only six
or seven lawmakers' names written on it.
Binienda's counterpart on the Senate energy committee, Sen. John
O'Leary, said such a resolution is supposed to represent the will of
the entire legislature.
But only noncontroversial resolutions should be taken up during
informal legislative sessions, he said.
So is the LNG terminal proposed for Fall River too controversial
for such a session?
"I'll leave that open," O'Leary said.
The proposal to receive vast quantities of LNG from tankers has
created a furor in Fall River where residents and officials are
concerned about the potential for terrorism.
The developer's attorneys from the firm of Baker Botts tried to
slam the door on the issue in their voluminous filing with the
Federal Energy Regulatory Commission earlier this month.
They said that members "tend to be absent" during informal
sessions, which are generally used for noncontroversial items only.
"If the resolution were of such alleged importance," wrote the
developers' attorneys, "it would not have been positioned among
resolutions honoring Boy Scouts for their community service; and
commemorating the one hundredth anniversary of the Boylston Public
Library . . ."
(C) 2004 The Providence Journal.
“Gas balloon?” was the title Barron’s assigned to a February 9 article by Spencer Jakab on the speculative momentum that has built up behind natural gas and, especially, behind liquefied natural gas (LNG). The article reported that shares of large-cap natural gas producers including Devon Energy and Burlington Resources are up more than 100% over the past four years, with small caps climbing by 500%, on average. The run-ups in the stocks of LNG terminal developers have been even more eye-popping: Shares of Cheniere Energy, for example, are up 1,100% in just the past year.
http://www.eyeforenergy.com/news.asp?id=302
Verflüssigtes Erdgas gewinnt an Bedeutung
Studie sieht auch für Deutschland zusätzliche Versorgungsalternative
Hamburg/dpa (23.03.06) - Verflüssigtes Erdgas (LNG) könnte nach einer Studie der HypoVereinsbank auch für den deutschen Energiemarkt eine zusätzliche Versorgungsalternative bieten. Immer mehr Länder steigen gegenwärtig in die Produktion, den Handel und den Verbrauch von LNG ein, heißt es in der Studie, die am Donnerstag in Hamburg bei einer Konferenz der HypoVereinsbank zum Thema Schiffsfinanzierung vorgelegt wurde.
Das weltweite Handelsvolumen dürfte im vergangenen Jahr rund 200 Milliarden Kubikmeter LNG betragen haben, das sind über zehn Prozent mehr als im Jahr zuvor und entspreche mehr als einem Viertel des weltweit gehandelten Erdgas.
Deutschland deckt rund 23 Prozent seines Energiebedarfs durch Erdgas, von denen wiederum mehr als 80 Prozent importiert werden, vor allem aus Russland, Norwegen und den Niederlanden.
(Quelle und ausführlich weiter lesen: Mitteldeutsche Zeitung, http://snipurl.com/muxm)