JERA offtake deal revives recently rejected Jordan Cove LNG project

Monday, 04 April 2016

A 20-year gas sales agreement with the world’s largest gas buyer JERA, a joint venture of Chubu and Tokyo Electric, is likely to help remove a regulatory stumbling for the Jordan Cove LNG project on the coat of Oregon. Federal Energy Regulatory Commission (FERC) on March 11 rejected the application for the $7.5 billion project, stating that public benefits from the proposed Pacific Connector pipeline are less than its potential for adverse impacts on landowners and communities.

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