As dependency on gas-fired power generators grows and gas prices rise, petroleum

Authors

Alan Elliott

Source

Mainebiz

Date

5-24-2004

Pages

1, 30-32

Abstract

As dependency on gas-fired power generators grows and gas prices rise, petroleum producers are looking for coastal towns to locate liquefied natural gas (LNG) terminals. Many residents of Harpswell, Searsport, Cumberland, and Yarmouth--towns that have been floated as potential sites--have vigorously opposed such proposals. In 1999, the Portland Natural Gas Transmission System and the Maritimes & Northeast Pipeline, which join in Westbrook, went into service to deliver gas from western and eastern Canada. Three new gas-fired plants were built in Maine, but the promised Canadian gas supplies have not materialized, creating increased pressure for an LNG terminal in the state. With details on the debate over the safety of an LNG terminal and the global supply and demand for gas, and how a facility proposed for the Maritimes might remove pressure from Maine as a LNG site.

Subjects

Liquefied natural gas Storage, Gas, Natural

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