SOURCE: Industrial Info Resources

September 22, 2009 08:01 ET

Massachusetts LNG Project Dominates Terminals Industry Projects in 2009, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - September 22, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- While Industrial Info is currently tracking about $3 billion of Terminals Industry projects that have already begun construction this year or plan to start construction before the end of 2009, one particular project dominates all other 2009 projects in this industry sector. Neptune LNG LLC's (Gloucester, Massachusetts) grassroot liquefied natural gas (LNG) receiving terminal, located 22 miles offshore from Boston, has an estimated total investment value of $840 million, while the associated grassroot LNG pipeline has an estimated value of $60 million. Neptune LNG is a subsidiary of GDF Suez (OTC:GDFZY) (Paris, France).

Other companies featured: TransCanada Corporation (NYSE:TRP), Shell (NYSE:RDS.A)

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