Happy Wednesday!
We love a follow-up to our Blog! We blogged about two LNG plants in South
Texas getting approval back at the end of April 2023, please check our blog on
the details. We read not such good news for the two projects today, and it
seems fitting to speak regarding their hiccups together!
Did anyone happen to read the
Oil & Gas Journal’s Daily Update Newsletter on August 7, 2024, they had
two articles regarding the latest saga on America’s LNG projects? One was
titled, “Texas LNG latest project to see FERC approval scrapped by federal
appeals court;” and the second article was titled, “NextDecade reviewing Rio
Grande LNG options as federal permit vacated.”
The two articles were related due to the decisions to toss Texas LNG’s
and Rio Grande LNG’s FERC certificates came down on the same
day, August 6, 2024, from the U.S. District Court of Appeals for the DC
Circuit. The Court decided in each case
the Federal Energy Regulatory Commission (FERC) didn’t do its due diligence by
not thoroughly completing a supplemental Environmental Impact Statement (EIS) into
the effects of the LNG plants will have on the communities surrounding each
location in regard to pollution and the quality of life. The decisions will affect
each of the plants Final Investment Decisions (FID) which were both expected later
this year. The lawsuits to stop the
plants were both filed by the city of Port Elizabeth, Texas and environmental
groups which includes Sierra Club as well as others. The decisions will slow the projects’ progress
while they decide to appeal or wait for FERC to complete EIS. We wish them luck moving their projects
forward and we will let you know, if we hear anything else! If you would like more information on these
articles from Oil and Gas Journal, please click the links: Texas LNG: Texas
LNG latest project to see FERC approval scrapped by federal appeals court | Oil
& Gas Journal (ogj.com), and Rio Grande LNG: NextDecade
reviewing Rio Grande LNG options as federal permit vacated | Oil & Gas
Journal (ogj.com).
If you would like to read more about NextDecade’s Rio Grande LNG and its lower carbon intensive LNG; please click the link: Rio Grande LNG - NextDecade (next-decade.com).
If you would like to read more
about Glenfarne Energy Transition’s Texas LNG, please click the link: Project Overview (texaslng.com).
Don’t forget to check out our ESC's website or contact us via the email in the
blog, if you have a hydrocarbon liquids project you would like to
see get off the ground!
We hope you have a great night
and week!
**Disclaimer: You may be charged a fee to read The Oil
and Gas Journal’s article. **