The US Federal Energy Regulatory Commission (FERC) has issued the Draft Environmental Impact Statement (DEIS) for the Magnolia LNG project.
In completing the work necessary to issue the DEIS, FERC analysed publicly available data and data provided by both Magnolia LNG and Kinder Morgan Louisiana Pipeline LLC (KMLP) associated with the construction and operation of the Magnolia LNG project and natural gas pipeline infrastructure required to deliver natural gas to the operating liquefaction terminal.
FERC staff concluded that construction and operation of the proposed projects would result in limited adverse environmental impacts, but these impacts would be reduced to less-than-significant levels with the implementation of Magnolia LNG's and KMLP's proposed mitigations and the additional measures recommended in the DEIS.
FERC has set 8 September 2015 as the deadline for receipt of public comments on the DEIS. The Final Environmental Impact Statement (FEIS) is expected to be issued by FERC on 16 November 2015.
LNG Ltd's Managing Director and CEO, Maurice Brand said: "We are very pleased with our progress on the FERC regulatory aspects of the project and look forward to the receipt of the FEIS in November this year. Magnolia LNG is planning for Financial Close in first quarter 2016 with first LNG in December 2018".
Edited from press release by Callum O'Reilly