Monday, November 27, 2006

Broadwater Gets FERC Approval

The New York Times:

A FEDERAL agency’s finding that the proposed Broadwater Energy floating gas plant in Long Island Sound was needed and would have “limited adverse environmental impacts” has moved the plant closer to approval, but opponents of the project in New York and Connecticut continued to criticize it.

Broadwater, a partnership of the Shell Oil Company and the TransCanada Corporation, said that the finding, by the Federal Energy Regulatory Commission, was a significant advance for the $700 million project, which the company wants to put in operation by 2010. The platform, which would be moored in eastern Long Island Sound about 9 miles from Long Island and 11 miles from Connecticut, would be a terminal for liquefied natural gas.