API welcomes Cove Point LNG approval

The American Petroleum Institute (API) has welcomed the approval by the FERC of the Cove Point LNG export facility in Maryland.

The institute has also urged the US Department of Energy (DOE) to quickly issue a final permit.

Erik Milito, API Director of Upstream, commented: “Cove Point represents an exciting opportunity to create thousands of jobs in Maryland and extend the economic benefits of America’s energy revolution.

“It’s only the fourth project to receive FERC approval and the first East Coast facility primed to play a critical role in securing America’s trade advantage as the world’s top natural gas producer. Cove Point has the strong support of Maryland voters who understand that it will strengthen the state’s economy and help promote the security of America and it's allies overseas.

“We welcome today’s approval, and we urge the DOE to avoid any needless delay of the project’s final permit, which granted conditional approval over a year ago. It’s time to lock-in America’s position as an energy superpower by approving Cove Point and accelerating the process for dozens of other projects still facing lengthy delays.”

Adapted from press release by Katie Woodward

Read the article online at: https://www.lngindustry.com/liquefaction/30092014/api-welcomes-cove-point-approval-1509/