The US Department of Energy (DOE) has conditionally authorised Jordan Cove Energy Project to export domestically produced LNG to countries that do not have a Free Trade Agreement (FTA) with the US.
Subject to environmental review and final regulatory approval, the facility is conditionally authorised to export up to 0.8 billion ft3/d of natural gas, for a period of 20 years.
US energy landscape
The development of US natural gas resources is having a transformative impact on the US energy landscape, helping to improve the country’s energy security while encouraging economic development and job creation. This increase in domestic natural gas production is expected to continue, with the Energy Information Administration forecasting a record production rate of 72.02 billion ft3/d in 2014.
The DOE conducted an extensive, careful review of the application to export LNG from the Jordan Cove LNG terminal. The department considered economic, energy security, and environmental impacts, as well as public comments for and against the application and almost 200 000 public comments related to the impacts of increased LNG exports. The DOE determined that exports from the Jordan Cove LNG terminal were not inconsistent with the public interest.
Edited from various sources by Katie Woodward
Read the article online at: https://www.lngindustry.com/liquefaction/25032014/doe_grants_non_fta_approval_for_jordan_cove_lng_331/
You might also like
LNG Industry asked several companies to discuss some key factors regarding LNG insulation in our recent November 2023 issue of the magazine.