Company proposes bigger LNG terminal for Maine

[jpak]

http://pressherald.mainetoday.com/news/state/060223lng.shtml

PLEASANT POINT — A proposed liquefied natural gas terminal on Passamaquoddy tribal land at Split Rock now has four times the capacity of the original project and may involve a company in Trinidad and Tobago as well as the government of Trinidad. Oklahoma-based Quoddy Bay LLC has been trying to line up a partner for the project in the two-island Caribbean nation which, according to the Federal Energy Regulatory Commission, provides more than 60 percent of LNG imports to the United States.

"The goal in Trinidad is to give them an opportunity to supply natural gas to this facility. Trinidad as a government and as a country does not want to be treated as a Third World country and get paid only for their gas supply, but wants to take part in downstream investments," said Brian Smith of Quoddy Bay.

Although it had first proposed a terminal that could handle 500 million cubic feet of natural gas per day, Quoddy Bay formally notified FERC that it wants to build a facility with a capacity of 2 billion cubic feet.

Quoddy Bay intends to construct a terminal with a two-berth pier and two systems for converting LNG back into vapor, making it theoretically possible to process 4 billion cubic feet daily, company spokesman Cary Weston said.

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[Old and In the Way]

1. I've sailed up there.....

Nasty tides/currents....the world's greatest tidal changes happen up here. Really tight navigation required, too.

http://maps.google.com/maps?f=q&hl=en&q=Pleasant+Point,+ME+04667&ll=44.988824,-67.092882&spn=0.580807,1.620483&t=h