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Veresen Responds to FERC Order Denying Jordan Cove Energy Project’s LNG Terminal Application

Veresen Inc., sponsor of the proposed Jordan Cove Energy Project LNG export terminal at Coos Bay, Ore, released a statement in response to FERC’s order issued Friday, which rejected the application to construct the terminal and interconnected pipeline.  Dan Althoff, President and CEO of Veresen, said “Clearly, we are extremely surprised and disappointed by the FERC decision … FERC...

FERC Denies Jordan Cove Energy Project’s Application to Construct LNG Export Terminal

Today, FERC issued an order denying Jordan Cove Energy Project’s application to construct an LNG export terminal at Coos Bay, Ore. and Pacific Connector Gas Pipeline’s application to construct an interconnected pipeline.  Regarding the interconnected pipeline, FERC found that “Pacific Connector has presented little or no evidence of need” for the pipeline, stating that “Pacific...

Veresen Still Looking for First Customer for Jordan Cove LNG Export Terminal

Financial Post reports that executives from Veresen Inc., sponsor of the proposed Jordan Cove Energy Project LNG export terminal at Coos Bay, Ore., recently stated that the company is still looking to sign up its first customer for the LNG supplies to be produced and exported at the...

EIA Projects Record High Natural Gas Production and Consumption for 2016

Reuters reports that U.S. natural gas production in 2016 is expected to reach a record high of 79.68 Bcf/day according to the U.S. Energy Information Administration’s (EIA) March 2016 Short-Term Energy Outlook.  The forecast would be the sixth consecutive annual record high for U.S. gas production.  Natural gas consumption is projected to increase to 76.79 Bcf/day, which would be the...

Coalition of Scientists Urge Rejection of Pacific Northwest LNG Draft Environmental Assessment

The Globe and Mail reports that more than 130 scientists have signed a letter to Canadian Environment Minister Catherine McKenna requesting that she reject a “scientifically flawed” draft environmental assessment for the proposed Pacific NorthWest LNG export terminal near Lelu Island, British Columbia.  According to the article, the draft assessment found that the LNG export terminal...

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