Link to Owner Dr. Robert B. Pamplin Jr.



The Jordan Cove Energy Project has cleared another hurdle with the U.S. Department of Energy.

On Monday morning, the U.S. DOE conditionally authorized Jordan Cove to export liquefied natural gas to non-Free Trade Agreement countries. The approval allows Jordan Cove to export LNG at a rate of 0.8 billion standard cubic feet per day for 20 years.

The LNG facility had already been granted approval to export LNG to Free Trade Agreement countries in December 2011. The U.S. has FTAs with 20 countries.

The Natural Gas Act directs the DOE to grant export authorizations unless it says the proposed exports “will not be consistent with the public interest.”

Officials have been watching the DOE’s list closely, where Jordan Cove’s application sat in the No. 1 spot awaiting approval or denial.

Veresen Inc., Jordan Cove’s parent company, announced in October 2013 that it had finalized 25-year non-binding Heads of Agreement with three prospective customers in Indonesia, India and an eastern Asian country. Indonesia and India are not FTA countries.

Jordan Cove is still waiting on the biggest stamp of approval: the Federal Energy Regulatory Commission. Jordan Cove public affairs director Michael Hinrichs expects FERC’s draft Environmental Impact Statement could be published in April or May, and the final EIS near the end of 2014.

Without FERC’s approval, Jordan Cove dies.

The South Dunes Power Plant is the only Jordan Cove component that doesn’t fall under FERC’s jurisdiction. The plant requires a site certificate from Oregon’s Energy Facility Siting Council. Oregon Department of Energy spokeswoman Diana Enright previously told The World that Jordan Cove will have to wait at least a year for a decision.

To read the original version of this story:

Go to top
Template by JoomlaShine