Jordan Cove LNG Asks FERC to Issue DEIS by End of July 2008
Posted on Jun 9, 2008 in Environmental, Regas Terminals & Capacity | Comments Off on Jordan Cove LNG Asks FERC to Issue DEIS by End of July 2008
Jordan Cove Energy Project, L.P. sent a letter to FERC urging the agency to issue its Draft Environmental Impact Statement (DEIS) by the end of July 2008. According to the letter filed in FERC’s eLibrary, available under Docket No. CP07-444, LNG suppliers will be more amenable to negotiating supply agreements with Jordan Cove LNG if they believe that there is a reasonable expectation that the terminal will eventually receive FERC certification. The letter further notes that the DEIS “provides insight as to potential risks and, therefore, the markets assign a great value to the issuance of the DEIS and its implication to project viability.”