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To: Triffin who wrote (176161)1/28/2013 10:26:34 AM
From: Bearcatbob  Respond to of 206367
 
What we are going to see is the current import terminals converted to export terminals so that the capital investment can be recovered. If the plants are not allowed to convert their investment capital will simply be confiscated by the "renter" someone wrote about earlier.

Bob



To: Triffin who wrote (176161)1/28/2013 10:34:38 AM
From: Dennis Roth2 Recommendations  Read Replies (1) | Respond to of 206367
 
IMO, we will see with LNG export terminals what we saw with LNG import terminals, many more projects
proposed than will ever be built. At one time there were more than 30 LNG import terminals proposed
but only a handful of new terminals were ever built and even fewer needed. With export terminals we
will see the same thing, much proposed but little actually coming to fruition. In British Columbia, for
example, four LNG export projects are proposed and I expect at least one will be built, but not all four.

That said, Elba Island has the advantage of having fewer sailing days to European markets
than the Gulf Coast terminals (but not as few as Cove Point) and reuses an existing permitted
facility with storage tanks, sea berths, and pipeline connections in place.