New England Importer Received 59% of All LNG Ship Imports 1H15

Both Kinder Morgan and Spectra Energy are in a tough fight to build pipelines from the Marcellus into New England. One of the competing visions for how to get more natural gas to residents, businesses and electric generating plants that so desperately need natural gas is to import it through the Everett, MA LNG import terminal. That’s where GDF Suez, the American name for the French multinational electric utility company Engie, imports natural gas. We told you about GDF Suez’s self interested last year (see Guess Why GDF Suez Doesn’t Want Marcellus Pipeline to New England). We also brought you their self-serving “study” published in August that says New England doesn’t need more pipeline capacity (see LNG Importer Publishes Sham Report Slamming New England Pipelines). We now have more proof of what’s motivating GDF Suez to oppose pipelines. In the first half of 2015, 17 massive LNG cargo ships imported natural gas to ports in the United States. Some 10 of the 17 shipments came to GDF Suez’s import terminal in Massachusetts–59% of all imports. No wonder the company is fighting to continue importing natural gas from other countries rather than use home-grown, cheaper shale gas…