Boston LNG Import Terminal Continues to Demagogue Pipelines

self interestOne of the opponents of new pipelines to New England has been LNG importers in the region–specifically GDF Suez importing gas at the Everett, MA LNG import terminal, near Boston (see New England Importer Received 59% of All LNG Ship Imports 1H15). LNG imports are one of the primary sources of natgas for New England. The antis holler and scream, “Forget the pipelines. If you must use gas, use LNG. There’s more than enough LNG to supply New England.” In a macro sense that may be true–the world is awash in LNG. But arranging shipments and sources for it takes months, even years. Right now most of the LNG GDF Suez imports comes from Trinidad. The problem with that is, Trinidad’s natgas is drying up and the country is falling behind and not meeting their LNG commitments (see Is New England Heading for Huge NatGas Price Spike this Winter?). It’s not a stretch to imagine that even an average New England winter, coupled with fewer imports from Trinidad, means trouble ahead for New England. We spotted yet another story by mainstream media, this time Bloomberg, quoting the self-serving GDF Suez repeating the same, old hackneyed lies: “It doesn’t make sense to build a pipeline to satisfy demand for 30 to 40 days a year.” Horse manure…

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