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Friday, January 18, 2013

Hawaii Gas to Ship Liquified Natural Gas to Islands


After a ruling made by the Federal Energy Regulatory Commission stating that federal authorization is not needed, Hawaii Gas has announced that they will be shipping limited amounts of liquified natural gas to the islands within the next two months. Company president and CEO, Jeff Kissel commented, “This ruling is hugely positive. We still have to get state and local authorities comfortable with the plan, but we hope to have the first shipments here in 60 days.” Initially, the natural gas would be sold to residential and commercial customers. However, Hawaii Gas hopes to eventually have larger tanker ships bring enough natural gas to replace oil for electricity generation.
Source: Honolulu Star Advertiser, 1-18-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
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