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Veresen Receives Permission to Export LNG
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Veresen Inc. has announced that it has received a conditional order from the U.S. Department of Energy to export liquefied natural gas from the proposed Jordan Cove LNG export terminal to those countries that do not have Free Trade Agreement status with the United States.
Under the DOE order received today, Jordan Cove is permitted to export natural gas to meet Jordan Cove's initial LNG capacity production of 6 million tonnes per annum (mtpa), with commercial LNG production targeted for early 2019. The DOE authorization is for a term of 20 years, commencing on the date of first export.
Typically referred to as non-FTA countries, this includes numerous LNG consuming markets throughout Asia Pacific and South America. Among significant LNG importing countries, only South Korea, Singapore and…
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