Source Pravda.Ru

Broadwater project may be opposed by NY Governor

TransCanada Corporation and Shell U.S. Gas and Power expect that New York Governor David Paterson will reject the Broadwater project on the planned terminal.

The Broadwater project is a joint venture of the two major energy companies to construct a floating liquid natural gas (LNG) processing plant in Long Island Sound.

The project promises a capacity of 1.25 billion cubic feet of natural gas daily.

The NY Governor gave no comment. While the companies highlighted that the possible rejection meant a missed chance to reduce energy prices for businesses.