Happy Monday! Happy Presidents’ Day! Welcome back to another week of ESC News Blog!
Did anyone
happen to read the Oil & Gas Journal’s OGJ Daily Update on February 17,
2025, their article titled, “DOE OKs Commonwealth LNG exports, the first
authorization since Biden admin pause”? In
the article, it speaks on how the Commonwealth LNG export terminal in Cameron
Parish, Louisiana has been granted provisional approval from the U.S. Department
of Energy for its exporting permit and the U.S. Federal Energy Regulatory
Commission (FERC) has completed an outline of its Supplemental Environmental
Impact Statement (SEIS), thus reopening its authorization procedures. Back in July 2024, the US Court of Appeals
for the DC Circuit stayed the Commonwealth’s LNG project’s FERC certificate
until FERC had taken into account the facilities greenhouse gas emissions and climate
impacts by filing a SEIS. The final SEIS
should be completed mid-2025 and the DOE final approval should follow. The construction for the Commonwealth LNG
terminal needs these two approvals to move forward. Commonwealth LNG should have a final
investment decision (FID) at the end of the 3rd quarter of 2025, and
the 9.5 million tonnes/year plant should be in operation by beginning of
2029. This is good news for the industry
since this is the first export authorization since the Biden Administration paused
them last year, and the new administration rescinded the pause last month. We wish Commonwealth LNG export terminal luck
in procuring speedy final approvals and starting construction. If you would like to read more of the Oil
& Gas Journal’s article, please click the link: DOE
OKs Commonwealth LNG exports, the first authorization since Biden admin pause |
Oil & Gas Journal.
Don’t forget
to check out our ESC 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 or you would like to see
what’s under your feet to help with your emissions!
We hope you have a wonderful evening! Keep warm!
**Disclaimer: You may be charged a fee to read The Oil
and Gas Journal’s article. **