Monday, April 16, 2007

United Press International - Energy - Analysis

United Press International - Energy - Analysis: "WASHINGTON, April 16, 2007 (UPI) -- Broadwater Energy's plan to build a floating storage and regasification unit in the Long Island (N.Y.) Sound and the opposition to it highlights the lack of consensus on how best to balance protection of national estuaries with the need for more environmentally friendly sources of energy.

Broadwater, a joint venture between TransCanada Gas and Shell US Gas & Power, is trying to build an FSRU in the sound, which is designated as an estuary of national significance.

The FSRU is a ship about 1,200 feet long and 200 feet wide that would store offloaded liquid gas, convert it back into a gas and feed the converted gas into a new pipeline extension in the sound floor that would connect to the gas system already in the Northeast United States. ..."