Our Energy Moment (OEM), a group dedicated to raising awareness and promoting the benefits of expanded markets for LNG, has issued the following statement after the US Department of Energy (DOE) announced that is has conditionally authorised Jordan Cove to export LNG to non-FTA countries.
Economic benefits
“This approval is not only welcome news for the economy and people of Coos Bay, Oregon, but for the entire country. This conditional license underscores the economic benefit that LNG exports can have in creating jobs while helping to strengthen our economy and improve our national security. OEM applauds the conditional approval by the DOE and looks forward to the Department addressing other license applications in a timely and thorough manner.”
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.
Adapted from press release by Katie Woodward