Magnolia LNG passes two FERC milestones
Liquefied Natural Gas Limited’s wholly-owned subsidiary, Magnolia LNG, has achieved two significant milestones in progressing its pending application with the Federal Energy Regulatory Commission (FERC) for its proposed 8 mtpa LNG export project in Lake Charles, Louisiana.
On Sept. 15, the U.S. Coast Guard issued a Letter of Recommendation approving the project’s Waterway Suitability Assessment.
And on Sept. 17, the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) issued a Letter of No Objection to FERC, approving the project’s design spill methodology. This is a significant milestone for project as it allows FERC to move closer to finalizing its review of the project’s safety and engineering design.
In order for it to issue a Notice of Schedule for Environmental Review and the Draft Environmental Impact Statement for the project, FERC requires these inter-agency approvals.
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