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Shell Energy Begins Marketing Gas to Flow From Broadwater Energy Terminal

The Hartford Courant reports that Shell Energy North America (Shell Energy) will start discussions to sell gas imported to the Broadwater Energy regasification terminal. Shell Energy, a partner in the proposed terminal project, said that it will open up
March 5, 2008

The Hartford Courant reports that Shell Energy North America (Shell Energy) will start discussions to sell gas imported to the Broadwater Energy regasification terminal. Shell Energy, a partner in the proposed terminal project, said that it will open up talks with gas distribution companies and large commercial gas users in the area. Shell Energy CEO Mark Hanafin said in a statement that “[b]ased on Broadwater’s continued progress, now is the right time to have further discussions with our potential customers regarding natural gas supply contracts from Broadwater.” The Courant reports that Connecticut Attorney General Richard Blumenthal repudiated the announcement and continued to suggest that market conditions do not warrant construction of the terminal.

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