Project Finance Blog

FERC Works to Speed Up LNG Reviews

Posted by Susan Cowell

September 17, 2018

Posted in Power Oil and gas Blog article


In the past, it has taken years for the Federal Energy Regulatory Commission (FERC) to issue decisions on whether or not to authorize onshore LNG facilities. At the end of August, however, FERC announced that following that been done to help speed up the process: addition of more FERC staff for LNG projects, agreement with the Pipeline and Hazardous Materials Safety Administration to improve coordination between the agencies on siting and safety reviews of LNG projects, use of an outside contractor to assist with construction inspections, and use of third-party contractors to perform analyses that involve non-proprietary information. 

FERC also released schedules to complete environmental reviews (either an environmental assessment or environmental impact statement) as well as decision deadlines for all federal approvals for the following ten other LNG projects:

Project

Completion of the Environmental Review

Federal Authorizations Decision Deadline

Freeport Train 4

November 2, 2018

January 31, 2019

Alaska LNG

November 8, 2018

February 6, 2020

Driftwood LNG

January 18, 2019

April 18, 2019

Port Arthur

January 31, 2019

May 1, 2019

Corpus Christi

February 8, 2019

May 9, 2019

Texas LNG

March 15, 2019

June 13, 2019

Jacksonville Eagle

April 12, 2019

July 11, 2019

Gulf LNG

April 17, 2019

July 16, 2019

Annova LNG

April 19, 2019

July 18, 2019

Rio Grande LNG

April 26, 2019

July 25, 2019

Plaquemines

May 3, 2019

August 1, 2019

Jordan Cove

August 30, 2019

November 28, 2019

 

This should help LNG developers as they work to navigate the permitting process and obtain the approvals that lenders want to see before such projects are financed.

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