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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: JimisJim who wrote (82863)	4/11/2007 5:53:57 PM
From: Dennis Roth	Read Replies (1) of 206184

>> LNG terminal is/was built and will begin delivering gas to SoCal next year... don't know what resolution there might or might not have been concerning allowing utilities to do long-term contracts for LNG << Don't be so sure. At Milford Haven the terminal is built, the infrastructure is 95 percent complete but National Grid just had to declare force majeure to gas shippers who had booked entry capacity because interventionists just got the pipeline stopped. UK's Nat Grid calls force majeure investing.reuters.co.uk National Grid declares force majeure on Milford Haven LNG pipe marketwatch.com Fresh planning row hits pipeline news.bbc.co.uk Blocking a pipeline to kill LNG importation. Sound familiar? Don't expect R.A.C.E. and the special interests that back them to lie down and play dead. Some of the LNG that was scheduled for Milford Haven may be diverted to the U.S. but Elroy can rest easy in the knowledge that none of it will reach California without passing through long piplines and subject to suitable markups first. <ggg>

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