Pembina Pipeline Corp., developer of the now blocked Jordan Cove LNG export plant in the US northwest state of Oregon, took a hit in its fourth-quarter earnings after the project was the first hydrocarbon venture stopped by the Biden Administration, though Pembina said Jordan Cove and two other ventures remained in its strategy.
Feb 28 (LNGJ) - Pembina Pipeline Corp., the Canadian energy infrastructure company developing the US Jordan Cove LNG export plant in the northwest state of Oregon, said the regulatory processes were ongoing. “The US Federal Energy Regulatory Commission delayed a decision originally expected on February 13, 2020,” said the Calgary-based company in its latest earnings. “Pembina looks forward to obtaining a final decision. Pembina is focused on getting all the remaining permits required to proceed with this project,” stated the company.
The liquefaction plant and other facilities are planned for a 200-acre site at Coos Bay and comprise five small-scale Trains each with 1.5 million tonnes per annum of output for a total of 7.8 MTPA. The Jordan Cove venture's other facilities would include two full-containment LNG storage tanks with total capacity of 320,000 cubic metres, gas treating facilities, an export jetty and access to more than 25 billion cubic feet per day of gas supply from Western Canada and the US Rockies.
The US Federal Energy Regulatory Commission plans a statement on February 20 on the application to build the Jordan Cove LNG export terminal at Coos Bay in the northwest state of Oregon.
The US Federal Energy Regulatory Commission has delayed completion of an environmental impact statement (EIS) for the Jordan Cove liquefied natural gas export facility and its affiliated Pacific Connector Pipeline planned for the northwest state of Oregon.
Sempra Energy, the California utility developing LNG export plants in the US and Mexico, said its Port Arthur LNG project in Texas that will supply nations such as Poland received authorization from the Federal Energy Regulatory Commission to proceed with construction.
Canadian company Pembina Pipeline Corp. reported a 10 percent rise in profits as it forecast a bright future in developing more natural gas infrastructure and the Jordan Cove LNG project in the US state of Oregon.