Pembina receives FERC approval for Jordan Cove LNG
Published by Tom Mostyn,
Editorial Assistant
Tanks and Terminals,
Pembina Pipeline Corp. has announced receipt of a certificate of approval from the US Federal Energy Regulatory Commission (FERC) for Pembina’s proposed Jordan Cove LNG terminal and Pacific Connector Gas Pipeline (together known as Jordan Cove). Jordan Cove is the first ever US West Coast natural gas export facility to be approved by FERC. This federal approval is a significant milestone for the project and for Pembina.
Pembina acquired Jordan Cove in late 2017 and has since been working towards obtaining extensive local, state and federal regulatory approvals. The project includes a 229-mile pipeline, that would traverse four counties in Southern Oregon, and an LNG export terminal in Coos Bay, Oregon. Natural gas for Jordan Cove would be sourced at the Malin Hub, creating a new outlet for natural gas from areas such as the Rockies Basin.
The bipartisan FERC currently comprises three appointed commissioners and serves as the federal agency responsible for reviewing proposals to build interstate natural gas pipelines, natural gas storage projects, and LNG terminals. The FERC’s approval of the project is the result of comprehensive environmental, safety and security reviews involving input from both federal and state agencies, tribes, landowners and many other stakeholders.
The affirmative decision from the FERC represents the most significant step forward for Jordan Cove since Pembina acquired the project. “We appreciate FERC’s science-based approach to their review. The approval emphasises yet again that Jordan Cove is environmentally responsible and is a project that should be permitted given a prudent regulatory and legal process was undertaken,” said Harry Andersen, Pembina’s Senior Vice President and Chief Legal Officer. “The FERC’s decision is due in no small part to our many supporters who have turned out time and time again to voice their support for Jordan Cove and to show that the Project is in the public interest, including in Southern Oregon and the Rockies Basin,” added Andersen.
This decision is one of many significant steps forward for Jordan Cove in recent months. In addition to this federal approval, Jordan Cove recently received approval on all 14 local jurisdiction county and city applications and permits. Also, the Company has signed voluntary easement agreements that constitute 77% of the privately-owned portion of the proposed pipeline route, which will allow the pipeline to cross beneath these properties.
Read the article online at: https://www.tanksterminals.com/terminals/24032020/pembina-receives-ferc-approval-for-jordan-cove-lng/
You might also like
Consortium led by Mason Capital Management LLC to acquire CB&I from McDermott
All cash equity transaction establishes CB&I as an independent company positioned for growth with no funded debt.