In what Calgary, Alberta-based Veresen calls an “extremely surprising” move, the Federal Energy Regulatory Commission denied the applications for its Coos Bay, Ore., Jordan Cove LNG offshore facility and Pacific Connector Gas Pipeline, stating that “the record does not support a finding that the public benefits of the [pipeline] outweigh the adverse effects on landowners.” The ruling also denies the LNG terminal because it can’t operate without the pipeline. FERC says Veresen hasn’t demonstrated a need for the facility, given the current natural-gas market, no formal contracts, and a lack of easement agreements with 90% of the 630 landowners along the 232-mile inland pipeline route. FERC’s ruling allows for Veresen to reapply.
FERC Nixes Pipeline Terminal
March 16, 2016