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Monday, November 5, 2012

Hawaii Gas Seeks Approval to Ship Natural Gas


Hawaii Gas is currently seeking approval from the Federal Energy Regulatory Commission to be allowed to ship liquefied natural gas from the West Coast to Hawaii.  The company believes that if they are able to ship large quantities of natural gas to the islands, it could replace the need to use oil for the majority of the state’s electricity generation.  However, the state Department of Transportation has expressed a concern that there is not enough “safety distance” between the proposed Hawaii Gas facility at Honolulu Harbor and the surrounding area.  The DOT emphasized that Hawaii Gas had to comply with all state environmental and regulatory requirements.  The Sierra Club and the Blue Planet Foundation have also expressed their opposition and argue that Hawaii Gas’ proposal is contrary to the state’s foal of being dependent of fossil fuel.  The Federal Energy Regulator Commission has not announced when they will make their decision to allow Hawaii Gas the right to ship natural gas to the state.
Source: Honolulu Star Advertiser, 11-5-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
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