LNG terminal wins export approval

on
March 24:

The Department of Energy's 163-page Jordan Cove LNG export order
Another facility aiming to export U.S. shale gas overseas got the green light to ship liquefied natural gas to countries that do not have free trade agreements with the U.S.
The Department of Energy granted conditional approval to Veresen Inc.’s Jordan Cove LNG export terminal in Coos Bay, Oregon, to export up to 0.8 billion cubic feet per day (Bcf/d) of LNG for a 20-year term, the DOE said in an order issued today.
The facility is expected to begin commercial production in 2019, according to Veresen. The company said the next step is getting approval from the Federal Energy Regulatory Commission.
Jordan Cove is the seventh of 25 proposals to the DOE to export LNG to non-FTA countries. Thus far, the DOE has approved non-FTA exports totaling 9.27 Bcf/d of natural gas from terminals, including Dominion Cove Point in Maryland, and others along the Gulf Coast.
Source: http://powersource.post-gazette.com/powersource/policy-powersource/2014/03/24/LNG-export-terminal-wins-export-approval/stories/201403240163?

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