Daily Archives: December 30, 2011
The company has initiated a project to add liquefaction services that would transform the Sabine Pass LNG terminal into a bi-directional facility capable of exporting LNG.
Cheniere recently also announced that it is developing a LNG export terminal at one of the company’s existing sites that was previously permitted for a regasification terminal, located in Corpus Christi, Texas.
- USA: Cheniere Declares Quarterly Distributions
- Cheniere Energy Partners Initiating Project to Add Liquefaction Capabilities at the Sabine Pass LNG Terminal (USA)
- Societe Generale Says Cheniere Can Make Sabine Pass Export Decision After Fenosa Deal (USA)
- Cheniere Signs MOU with Gas Natural SDG for Bi-Directional Processing Capacity at the Sabine Pass LNG Terminal (USA)
- Cheniere Energy and Cheniere Energy Partners, L.P. Agree to Restructure Marketing TUA Arrangements to Improve Capital Structure (USA)
- USA: Cheniere Plans Corpus Christi LNG Export Terminal (mb50.wordpress.com)
- Lithuania: Cheniere Eyes LNG Exports by 2015 (mb50.wordpress.com)
- Gas Natural Fenosa Deals with Cheniere Energy to Buy US Shale Gas Sourced LNG (mb50.wordpress.com)
- USA: Cheniere Enters into Contract with Bechtel (mb50.wordpress.com)
- USA: Cheniere, BG Ink LNG Sale and Purchase Deal (mb50.wordpress.com)
- USA: Societe Generale Says Cheniere Can Make Sabine Pass Export Decision After Fenosa Deal (mb50.wordpress.com)
- Chesapeake CEO Opposes US LNG Exports (mb50.wordpress.com)
Eastern Shipbuilding Group has delivered the HARVEY SUPPORTER, the first of three (3) 292 ft. Tiger Shark Class Offshore Support Vessels for Harvey Gulf International Marine, LLC.
The HARVEY SUPPORTER is an STX Marine design featuring a DP II SOLAS-classed AC diesel-electric, twin Z-drive Offshore Support Vessel measuring 292’ X 64’ X 24’-6”. Power and propulsion systems, controls, automation, etc. are provided by the system integrator, Converteam, Inc. This high-tech vessel features four Cummins QSK60-DM 16-cylinder turbo-charged Tier II diesel generator engines that are rated 1825 Kw at 1,800 rpm. Main propulsion is provided by two Schottel SRP 2020 FP Z-drives with nozzles rated at 2,500 Kw at 1,025 rpm each for a total of 6,704 hp. Schottel also provided two STT 4 fixed pitch tunnel thrusters rated at 1,180 Kw at 1,170 rpm each with direct coupled electric motors. The vessel is capable of top speeds in access of 12 knots.
- USA: Eastern Shipbuilding Group Delivers Tiger Shark Class PSV to Aries Marine
- USA: Thrustmaster to Deliver Propulsion System for Two PSVs
- USA: Caterpillar Marine to Provide Four Cat 3516C DEP Generator Sets for MPSV
- Brazil: Caterpillar Wins Contract to Power 16 Offshore Supply Vessels
- Harvey Gulf International Authorizes Construction of First United States Flagged LNG OSV
Other Related articles
- USA: Harvey Gulf Orders CAT DEP Generators for SV-310 Offshore Vessel (mb50.wordpress.com)
- China: Sinopacific Group Delivers Ulstein Design OSV to Neptune Offshore (mb50.wordpress.com)
- Norway: STX OSV to Build 4 PSVs for Island Offshore (mb50.wordpress.com)
- Hornbeck Announces Construction Contracts in $720m Newbuild Program (gcaptain.com)
- Wärtsilä To Supply Propulsion Equipment For First U.S.-Flagged LNG-Powered OSV’s (gcaptain.com)
- USA: Hornbeck Plans to Build Sixteen New Generation Offshore Supply Vessels (mb50.wordpress.com)
- Ukraine: Zaliv Launches Ulstein Design PSV Hull (mb50.wordpress.com)
Focused on supporting natural gas fueling in North America, investors, including Boone Pickens, have invested a total of $150 million in Clean Energy Fuels Corp., North America’s leading provider of natural gas fuel for transportation.
The investments resulted from the exercise of Mr. Pickens’ warrants to purchase 15 million shares of the company’s common stock at $10 per share. Mr. Pickens purchased 1.5 million shares and transferred the balance to existing investors RRJ Capital, Seatown Holdings and Chesapeake Energy Corporation, as well as Chief Capital LP, an investment vehicle wholly owned by energy investor Trevor Rees-Jones.
“These investments bring the total invested or committed to Clean Energy to $450 million during 2011,” said Andrew J. Littlefair, President and CEO of Clean Energy. “We see this as a tremendous affirmation of both Clean Energy as the leader in natural gas vehicle fueling in America and our America’s Natural Gas Highway initiative that is expanding natural gas fueling infrastructure in cities throughout the country.”
“We have a significant program underway to develop CNG and LNG fueling stations serving fleets in the long-haul, regional and port trucking markets, as well as for solid waste, transit, airport and municipal transportation nationwide,” noted Littlefair.
Currently priced up to $1.50 or more per gallon lower than diesel or gasoline (depending upon local markets), the use of natural gas fuel reduces costs significantly for vehicle and fleet owners, and reduces greenhouse gas emissions up to 30% in light-duty vehicles and 23% in medium to heavy-duty vehicles. Additionally, natural gas is a secure North American energy source with 98% of the natural gas consumed produced in the U.S. and Canada.
- USA: Clean Energy Gets USD 150 Million Investment
- USA: Clean Energy Supports Proposed Federal Legislation That Would Expand Use of Gas Fuel for Transportation
- USA: Clean Energy Partners with Quarles Petroleum to Add Gas Fueling Service
- USA: Clean Energy Supports 2011 NAT GAS Act
- USA: Clean Energy CEO Says Supporting Gas for Transportation Will Create Over 400,000 New Jobs
- Compressed natural gas plans may spur vehicle growth (newsok.com)
- Natural gas fueling plans may spur vehicle growth. (azdailysun.com)
- Noble Energy Discovers Significant Gas Discovery Offshore Cyprus (mb50.wordpress.com)
By John Tabin
Cairo (CNN) — Several rights groups, including three U.S.-based entities, were raided in Cairo and other Egyptian locations on Thursday in what one source called a push by police to “show some muscle.”
Police conducted 17 raids of nongovernmental organizations, targeting at least 10 groups across the country, Egypt’s general prosecutor’s office said. The targeted groups included U.S.-based Freedom House, the National Democratic Institute (NDI) and the International Republican Institute (IRI).
The actions were part of an investigation into allegations that groups may have received illegal foreign funding and have been operating without licenses from the Foreign Ministry and local ministries, according to Adel Saeed, spokesman for the general prosecutor’s office.
But the leaders of the U.S.-based organizations and the U.S. State Department condemned the raids and called on Egyptian authorities to allow the groups to resume their work.
“This action is inconsistent with the bilateral cooperation we have had over many years,” State Department spokeswoman Victoria Nuland said Thursday. Washington has called on Egyptian authorities “to immediately end the harassment of NGOs (and) NGO staff, return all property and resolve this issue immediately.”
Freedom House urged the Obama administration to “scrutinize the $1.3 billion that the United States annually provides the Egyptian military to fund arms purchases and training.”
“In the current fiscal environment, the United States must not subsidize authoritarianism in Egypt while the Egyptian government is preventing NGOs from implementing democracy and human rights projects subsidized by the U.S. taxpayer,” said Charles Dunne, Freedom House’s director of Middle East and North Africa programs.
The NDI and IRI, loosely affiliated with the Democratic and Republican parties and chaired by Madeline Albright and John McCain, respectively, are funded in part by the US government, through the National Endowment for Democracy. In effect, the Egyptian government’s actions represent US military aid being used to undermine the effectiveness of US civil society aid. It’s worth expounding on the stakes here.
Egypt is in the midst of a democratic transition where Islamists (including the radical Salafists) have had much success at the ballot box. Jamie Kirchick recently talked to free-market oriented liberal activists leary of the direction that post-Mubarak Egypt; his American Interest article is difficult to summarize, but this part is relevant to today’s news:
Counterintuitively, [activist Amr] Bargisi believes that the best hope for a liberal Egypt, given the circumstances, is if the Muslim Brotherhood gets the opportunity to steward the country. This is because the job of ruling Egypt right now is unenviable, and that whichever force comes to power is bound to lose popular support. This scenario, then, may provide sufficient time for genuine liberal ideals to take hold and for a true democratic opening to form. Bargisi tells me that there are three conditions, however, for this to happen. The first is that the international community must take a “lukewarm attitude, not too hostile, not too welcoming”, to a Brotherhood-led Egypt. “Too hostile helps the Islamists; too welcoming helps the Islamists”, he says.
Second, is that the West, and the United States in particular, should move away from the realm of “day-to-day” politics-full of rank opportunists and poseurs, in Bargisi’s opinion-and instead “focus on civil society, think tanks, independent movements, political groups.” And for this civil society to flourish, the military must “stand as a guard on democracy” and give up its “chauvinism.” But most important is that those Egyptians opposed to the instantiation of a clerical state need to know as clearly as their Islamist opponents in which direction they want to take the country. “There must be some kind of vision for what the country should look like, and in this complete vagueness, the Islamists will win”, Bargisi tells me.
Today’s raids obviously get in the way of the second condition — improving civil society — but they also get in the way of the third condition; training political parties to define their views on issues is a big part of what the NDI and IRI do. Some liberals hope that the military can stand at a bulwark against unfettered, tyrannous Islamism, but now we see the military regime continuing and even expanding on Mubarak-era policies of actively suppressing liberal opposition. This does not bode well.
If the regime doesn’t comply with Nuland’s call for an immediate change in course, military aid needs to be at least partially halted, if only briefly. Letting this stand with no tangible consequences is asking for trouble.
- Tensions rise as Egyptian forces raid American NGOs in Cairo (dailymail.co.uk)
- Egyptian Security Forces Raid Offices of NGOs in Cairo (businessweek.com)
- US ‘deeply concerned’ after Egypt raids NGO offices (csmonitor.com)
- US price tag on Egyptian revolution? (rt.com)