Australia's LNG Ltd Receives Preliminary FERC Approval to Expand Proposed LNG Project
(Reuters) — Australia’s Liquefied Natural Gas Ltd said on Monday it has received preliminary approval to increase output at its proposed U.S. LNG plant to 8.8 million tons per annum (mtpa) from the currently authorized 8 mtpa.
The approval for expansion comes less than a week after the company signed an agreement with a province in Vietnam to supply 2 mtpa from the proposed Magnolia project.
A draft environmental impact statement by the U.S. energy regulator found that increased production at the planned Magnolia LNG LLC project in Lousiana would not negatively impact air or noise emissions in the area, LNG Ltd said in a statement.
The company plans to build an LNG export terminal comprising four trains. It hopes to make a final investment decision on the $4.4 billion project later this year.
LNG Ltd applied in November last year to the U.S. Federal Energy Regulatory Commission (FERC) to increase its total authorized production capacity at the project.
The FERC is expected to issue the final version of its statement on or before Jan. 24, 2020, LNG Ltd said.
Related News
Related News
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
Comments