DOE Conditionally Authorizes Jordan Cove LNG Exports to Non-FTA Nations

Today, the U.S. Department of Energy (DOE) issued an order conditionally authorizing Jordan Cove Energy Project (Jordan Cove) to export over a 20-year period 292 Bcf/year (0.8 Bcf/day) of LNG to nations without a Free Trade Agreement (FTA) with the United States providing for national treatment for trade in natural gas.  Jordan Cove may export, on behalf of itself or as agent for others, LNG made from domestically produced natural gas and natural gas imported from Canada from its proposed LNG terminal at Coos Bay, Ore.  The order found that (1) the opponents of Jordan Cove’s proposal did not demonstrate that it will be inconsistent with the public interest and (2) the exports proposed are likely to yield net economic benefits to the United States.  The export authority is conditioned on satisfactory completion of FERC’s environmental review process for the terminal project and Jordan Cove’s compliance with all preventative and mitigating measures imposed by federal or state agencies.  Read more in the press release.  The next application for review on DOE’s Order of Precedence is Oregon LNG’s application.

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