LNG

Veresen Inc. of Canada, developer of the Jordan Cove LNG export project in the US northwest state of Oregon, said the LNG venture was still going ahead even as Veresen proceeded with its planned friendly merger with Canadian peer Pembina Pipeline Corp. in a deal valued at US$4.3 billion.

April 13 (LNGJ) – Backed by signed agreements for much of its tolling capacity, Calgary, Canada-based Veresen said it had filed with the US Federal Energy Regulatory Commission for a rehearing of the permitting process for the Jordan Cove LNG export project in Coos Bay in the northwest US state of Oregon. "Jordan Cove LNG and Pacific Connector Gas Pipeline will bring significant and lasting benefits to Coos County,” said Don Althoff, President and CEO of Veresen. “We continue to see an outpouring of support from project proponents at each of the local, state and national levels. I thank our supporters for their continued confidence in the projects,” Althoff said.

The developer of the Jordan Cove LNG export project in the US Northwest state of Oregon, recently rejected by US regulators for lack of market support, has signed a tolling capacity agreement with one of the largest Japanese trading houses after recently signing up the Asian nation’s two biggest utilities.