Public resistance narrowing LNG options in North America

Public acceptance is critical for the approximately 45 LNG regasification terminals being proposed for North America.Local public opposition to the construction of LNG terminals already has caused several proposed projects to be cancelled.In March, TransCanada Corp.'s and ConocoPhillips's Fairwinds LNG terminal in Harpswell, Me., and Calpine Corp.'s Samoa Point LNG project in northern California succumbed to local opposition. By contrast, companies proposing to build LNG terminals in the Gulf of Mexico generally have met with less opposition than their competitors proposing New England or California sites. But project developers should be aware that a risk-reward assessment of...

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