Port Dolphin Energy Abandons Plans for Deepwater Port and Pipeline Into Florida

Port Dolphin Energy (Port Dolphin) has filed a motion requesting that FERC vacate the order in which Port Dolphin received certificates and waivers to construct an onshore pipeline in Florida to import regasified LNG from Port Dolphin’s proposed offshore Deepwater LNG Port.  Port Dolphin stated that due to changed market conditions where the United States is positioned to become an exporter rather than an importer of natural gas, Port Dolphin has been unsuccessful in its efforts to negotiate commercial contracts for the proposed Deepwater Port.  Port Dolphin stated that it has submitted a request to the U.S. Maritime Administration to approve the surrender of its deepwater port license.


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