Excelerate Withdraws Port Lavaca LNG FERC Application

Posted on Sep 2, 2015 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off

Excelerate Liquefaction Solutions (ELS) has filed a letter requesting that FERC permit withdrawal and terminate proceedings related to ELS’s proposed floating LNG export terminal at the Port of Port Lavaca-Point Comfort, Texas, and interconnecting pipeline. ELS stated that “[f]ollowing an internal evaluation of the economic value of the Project, [it] has determined that it will no longer pursue the Project.” ELS also stated that it would be withdrawing an affiliate’s application with the U.S. Department of Energy to export LNG to nations without a Free Trade Agreement with the United States.

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Excelerate Withdraws Port Lavaca LNG FERC Application

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