Page added on May 9, 2007
Massive projects under way despite environmental, safety concerns
…Energy companies have proposed 35 new U.S. terminals in 10 states and five offshore areas near the coast. Eighteen terminals have been approved by the Federal Energy Regulatory Commission.
The majority of the projects are proposed for the Northeast, which has seen huge price increases for heating oil and public distrust of nuclear power; California, where natural gas is in high demand for power generation; and the Gulf Coast, where LNG processors can easily plug the finished gas product into interstate pipelines.
Some are near urban areas, where, despite demand for natural gas, LNG developers are running into opposition.
Among the projects are a $700 million terminal near Freeport, Texas, being built by Freeport LNG Development LLC; McMoRan Exploration Co.
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