TITLE
Recommendation to receive and file a presentation by Esperanza Energy regarding its proposed Port Esperanza Offshore Liquefied Natural Gas (LNG) project. (Citywide)
DISCUSSION
On March 20, 2007, Vice Mayor Bonnie Lowenthal and Councilmember Patrick O'Donnell requested a report detailing the status of Esperanza Energy's Port Esperanza project (Attachment 1). Esperanza Energy representatives will be presenting a presentation on the economic and environmental impacts of its proposed offshore LNG project.
TIMING CONSIDERATIONS
City Council action on this matter is not time critical.
FISCAL IMPACT
There is no fiscal impact associated with this item.
SUGGESTED ACTION
Approve recommendation.
Respectfully Submitted,
CHRISTOPHER J. GARNER
DIRECTOR OF LONG BEACH GAS AND OIL