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Tuesday, 21 November 2006 13:00

New York State LNG terminal gets go-ahead

The $700-million Broadwater LNG project to be located in Long Island Sound, off New York State, has gained initial environmental approval from the US Federal Energy Regulatory Commission.
Published in Latest News
By Philip R. Weems Partner King & Spalding LLP

This article is the second in a three-part series examining the evolution of long-term LNG sales contracts. The first part of the series addressed trends and issues in the 1960s and 1970s. In this issue the author highlights some of the key features of such contracts in the 1980s and 1990s, many driven at least in part by the rise in project financed liquefaction facilities and the increased number of players in the market. The final part of this series will address trends and issues in the 2000s.
Published in Feb 06