February 2016, Vol. 243, No. 2
Projects
Lake Charles LNG Project Receives FERC Approval
The BG Group’s Lake Charles, LA, LNG export project has received approval from the Federal Energy Regulatory Commission. This was the key remaining regulatory consent for the Lake Charles LNG project, which BG Group is developing with Energy Transfer Equity LP and Energy Transfer Partners, L.P. Energy Transfer owns an existing LNG regasification facility in Lake Charles which will be converted to a liquefaction facility.
The project has conditional authorization from the U.S. Department of Energy for the export of up to 2 Bcf/d of LNG. Final investment decisions from both BG Group and Energy Transfer are expected this year with construction to start immediately following a positive decision, and first LNG exports anticipated about four years later.
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