Save Passamaquoddy Bay

Save Passamaquoddy Bay
3-Nation Alliance

Alliance to Protect the Quoddy Region
from LNG Development

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"For much of the state of Maine, the environment is the economy"
                                           — US Senator Susan Collins, 2012 Jun 21



QUODDY BAY LLC & DOWNEAST LNG
NOT OFFERING FAIR, HONORABLE DEALS

Save Passamaquoddy Bay doesn't believe that either Downeast LNG or Quoddy Bay LLC will be completed. Some very specific comparisons using information from Bahamas' Minister of Agriculture, Marine Resources, and LNG Leslie Miller (as reported in the 2006 July 26 edition of Bahama Journal [now available on Bahamas B2B], Nassau, Bahamas), regarding a deal being brokered with AES Ocean LNG, made us wonder if the Passamaquoddy Bay LNG developers were being fair and honorable with their targeted communities of Pleasant Point, Perry, and Robbinston, and with Washington County and the State of Maine, so we did some calculations.

See for yourself:

AES Ocean LNG

Quoddy Bay LLC

Downeast LNG

AES intends to site their LNG terminal on Ocean Cay, a man-made 95-acre industrial island (built for mining operations) with no permanent residents. Quoddy Bay LLC intends to locate their LNG terminal on a 2.5-acre piece of sacred Tribal land, near Tribal residents, in a popular fishing and boating area, near other heavily-laden freighter traffic, under a state highway, under a bay, under a local road, and on a penninsula, near residents in Perry, ME. Downeast LNG intends to build their terminal on 80 acres of land within close proximity to Robbinston residents and Route US-1, at the mouth of the St. Croix River, in a popular fishing and boating area, and near other heavily-laden freighter traffic.
AES Ocean LNG intends to send 22.7 million cubic meters [m3] (equal to .8016 billion cubic feet [ft3]) of natural gas per day through an undersea pipeline to Florida. Quoddy Bay intends to send 2.0 billion cubic feet [ft3] into the Northeast & Maritimes Pipeline. Downeast LNG intends to send .5 billion cubic feet [ft3] into the Northeast & Maritimes Pipeline.
.8016 billion ft3 daily gas production
 2.0 billion ft3 daily gas production
 
Over twice the amount that AES will send through the pipeline.
 .5 billion ft3 daily gas production
 
Less than 2/3 the amount that AES will send through the pipeline.
AES Ocean LNG
Annual Payment to the Bahamas:
$25 million Lease
$50–70 million Daily Gas Production
$    .5 million Training, environment, community projects
Quoddy Bay LLC
Annual Payment to Pleasant Point:
$12 million (max) Daily Gas Production
 
Quoddy Bay LLC
Annual Payment to Perry:
$  1 million Total
Downeast LNG
Annual Payment to Robbinston:
$3.6 million Total
 
Downeast LNG
Annual Payment to Washington County:
$  .5 million Economic projects
AES Ocean LNG
Combined Annual Payments
to the Bahamas:
$75.5–95.5 million Total
Quoddy Bay LLC
Combined Annual Payments
to Pleasant Point & Perry:
$13 million Total
Downeast LNG
Combined Annual Payments
to Robbinston & Washington County:
$4.1 million Total
That averages 9.4–11.9¢ per cubic foot of natural gas.

NOTE: The Bahamian dollar is always equal to the US dollar.

That averages 0.65¢ (less than 1¢) per cubic foot of natural gas. That averages 0.82¢ (less than 1¢) per cubic foot of natural gas.
In other words:
Quoddy Bay LLC would be paying merely:
$5.21 million per year to the Bahamas
Downeast LNG would be paying merely:
$6.57 million per year to the Bahamas
...instead of AES's
$75.5 million–$95.5 million
per year
In other words:
Instead of Quoddy Bay LLC's low $13 million,
AES would be paying Pleasant Point and Perry:
$188 million–$238 million
per year
In other words:
Instead of Downeast LNG's low $4.1 million,
AES would be paying Robbinston and Washington County:
$47 million–$59.5 million>
per year

Do the LNG-proponents in government
at Pleasant Point, Perry, and Robbinston,
and the board of the Sunrise County Economic Council
still think that Downeast LNG & Quoddy Bay LLC
are being fair and honorable?

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