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Wary of Protests, Exxon Plans Natural Gas Terminal in the Atlantic

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-12-07 03:07 PM
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Wary of Protests, Exxon Plans Natural Gas Terminal in the Atlantic
Wary of Protests, Exxon Plans Natural Gas Terminal in the Atlantic
by Jad Mouawad



Exxon Mobil said Tuesday that it would like to build a $1 billion floating terminal for liquefied natural gas about 20 miles off the coast of New Jersey, a move meant to deflect safety and environmental concerns about proximity to populated areas.

The company plans to anchor a boatlike structure in the Atlantic Ocean to process natural gas imported by cargo ships from faraway suppliers in the Middle East, Europe and Africa.1212 06

The terminal, if approved, would connect through an underwater pipeline to an existing network that feeds New York and New Jersey, two of the top consumer markets in North America.

Exxon’s project is the latest of several dozen gas terminals that have been proposed in recent years in the United States. Energy specialists say more natural gas supplies will be needed to meet the growth in consumption and to make up for an expected drop in imports from Canada.

In many cases, energy companies have faced stiff opposition in finding sites for large new terminals. This has become one of the thorniest energy issues, especially since the attacks of Sept. 11, 2001, raised security concerns about cargo ships carrying liquefied gas near big cities.

Still, companies are slowly moving forward with their plans. Since 2002, federal and state authorities have approved 18 new liquefied gas terminals around the country, including 4 offshore, though most analysts do not expect all of them to be built.

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http://www.commondreams.org/archive/2007/12/11/5789/
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