FERC Relies on Marketplace to Determine Which LNG Projects Get Built
Platts LNG Daily [subscription required] reports that FERC Commissioner Philip Moeller recently explained that in reviewing LNG export terminal applications, FERC does not consider the likelihood of success for a project but allows the marketplace to determine which projects get built. Moeller added that FERC does not consider LNG export policy issues either, as those are considered by the U.S. Department of Energy.